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To
help get you started; these are some of the questions you'll
need to ask yourself before deciding to sell your home for
sale by owner (FSBO):
Real Estate
For Sale By Owner FSBO Question 1.
Do you have the
time, energy, know-how and motivation to sell your own home
FSBO? One of the keys to selling your home efficiently and
profitably is complete accessibility. Many FSBO homes sit
on the market for months on end because the owner is unwilling
or unavailable to show the property to potential buyers. Realize
that a certain amount of time each day is necessary to successfully
sell your home FSBO.
Real Estate
For Sale By Owner FSBO Question 2.
Can you overcome
the "emotional attachment" that you may have for
the property being sold?
Your home might
be where your kids grew up, or where the family pet is buried.
It might also have been designed, decorated, or landscaped
to to your personal tastes. Are you prepared to hear and accept
buyer criticisms of your FSBO home? Are you unbiased as to
what your home is really worth in today's real estate market?
Real Estate
For Sale By Owner FSBO Question 3.
Are you prepared
to deal with an onslaught of buyers who perceive a home for
sale by owner as a potential bargain? One of the challenges
of selling FSBO is screening unqualified prospects and dealing
with the bargain hunters. Selling for a bargain price may
be worse than paying the real estate agent commissions.
Real Estate
For Sale By Owner FSBO Question 4.
Are you prepared
to offer financing options to the buyer?
By offering financing
options you give the home buyer the ability to work on their
terms and open up the possibilities of selling your FSBO home
quickly and more profitably.
Real Estate
For Sale By Owner FSBO Question 5.
Do you fully understand
the necessary steps required in selling a home for sale by
owner?
Many FSBO home
sales have been lost because of incomplete paperwork, lack
of inspections, inadequate contracts etc. If you are not completely
informed of all the steps necessary to sell real estate for
sale by owner, then contacting a legal professional is recommended.
Ensure that there is no misinterpretation of what is negotiated.
Real Estate
For Sale By Owner FSBO Question 6.
Have you contacted
the necessary professionals?
When selling real
estate for sale by owner, several professionals may need to
be involved to ensure a problem-free sale including: title
company, inspector (home and pest), real estate attorney,
and escrow company.
Don't be discouraged
if you were a bit put off by any of the above questions. They
are designed to help you think carefully before deciding to
sell your home for sale by owner. The fact is; an increasing
number of people are successfully selling for sale by owner,
without the services of a real estate agent - why can't you?
You may well be able to do a far better job than a real estate
agent or broker and save yourself thousands of dollars in
real estate agent commissions.
For
more information on how to sell your own home for sale by
owner fsbo.
Related Articles:
© Noel Peebles,
Market Leaders ebooks.
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