8 Secrets to a Successful FSBO Sale

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8 Secrets to a Successful FSBO Sale Sell Your Home on Your Own By Ruth Lerner For Sale By Owner

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Selling your home on your own can save you money, and may not be too difficult. Do it correctly, and you will have a smooth and profitable sale. 8 Secrets to a Successful FSBO Sale gives for sale by owners advice and tips. I share the techniques I use selling real estate in Boston since 2002.

Transcript of 8 Secrets to a Successful FSBO Sale

  • 8 Secrets to a Successful FSBO Sale Sell Your Home on Your Own By Ruth Lerner For Sale By Owner
  • Why Sell Your Own Home? You may save money. You You may enjoy it. have the time and the patience.
  • Why Provide You This Information? Because I believe everyone is better off when home sale is done correctly!
  • Sharing Techniques I Use All of the Secrets are techniques I use to sell my listings. My listings average time on market is less than half the average market time. I sell my listings for top dollar
  • Secret #1: Stage the Home Buyers dont want to see your stuff. Hire professional stager or a friend with a good eye for design. Get rid of your clutter, depersonalize and maximize use of space.
  • Secret #2: Hire a Professional Photographer No iPhone or iPad pictures, PLEASE! Photographs bring the buyers. Without professional photos, buyers are not interested.
  • Secret #3: Offer Buyer Broker Compensation Good luck without it! Buyers like to work with buyer agents. Buyers are too overwhelmed to write offers on their own.
  • Secret #4: Go Online to Promote Most home searches are conducted online. If you are not online, you are hiding. Use keywords and search engine optimization.
  • Free Resource Click on the link below for online resources for FSBOs.
  • Secret #5: Price Your Home Correctly Remember, buyers expect to share the savings of a FSBO. Always price to market, regardless of inventory. Overpricing = sitting on market.
  • Secret #6: Dont Host Your Own Open House Buyers want a buffer between themselves and the seller. Buyers often feel awkward or uncomfortable asking the seller questions directly. Uncomfortable buyers do not make offers.
  • Secret #7: Understand the Mortgage Process Mortgage process = home buyers process = your home sales process. Learn the deadlines and expectations of buyer. Complex procedure which has become a lot more complicated in the last few years.
  • Secret #8: Learn the Forms, Rules, Regulations, & Laws in Your State Understand the offer forms before you get an offer. Learn the disclosure you must provide the home buyer. Learn what makes for a completed offer and the important dates and clauses.
  • Bonus Secret for Condo FSBOs: Get Your Condo Docs Organized Buyer will need the Condominiums: Master Deed Master Insurance Association Rules and Regulations Declaration of Trust Association budget Information about assessments Minutes from the condo meetings
  • Saving Money! You may save 0.5% - 1.5% of the sale price! This may or may not be worth the time and effort required to sell it properly. Most home sellers prefer to hire a real estate agent because the possible savings are not worth the effort.
  • Other Home Seller Resources My growing collection of the best advice for home sellers from the best agents I know can be found on List.ly Click this Link: Best Advice for Home Sellers
  • Dont Forget to Share! (617) 807 - 0471 [email protected] RuthMalkinLerner.com