The more exposure you have, the more likely you are to sell for top dollar. One thing people selling by owner lack most is Internet Exposure.
Internet Marketing: 80% of homes purchased are found on the internet. For Maximul Exposure, post your house on as many different internet sites as possible. The best internet site is the MLS, but in order to be on the MLS, you must list your home with a real estate agent.
Cornerstone Real Estate Professionals provide a FREE service where they will help you market your house for sale by owner. They will include your listing on this site as well as more than a dozen other websites including:
For Sale by Owner Sign: This sounds so simple but 10% of houses sell just because there is a sign in front of it, and someone drives by. You can actually get an attractive and Free For sale by owner sign and individual website from Free For Sale by Owner Sign
Price your home right:
Because buying a home by owner is so much more difficult, buyers expect the Realtor savings should be passed on to them. For sale by owner homes should be priced less than market value. When you price your home you should also leave room for the buyer to ask for concessions, seller paid closing costs, etc. Buyers often don't have any money for down payment or closing costs, and like to think that they are getting a deal by negotiating for less than asking price. If you would like a free CMA to help you determine the true market value of your property, click this link.
Offer to pay a 3% Buyers Agent Commission: Offer, and be willing to pay Buyers agents to bring you a buyer: More than 60% of homes sold are found by buyers agents. These are Realtors representing clients to help them buy properties. Your home should not be priced so you have to raise the price in order to sell your home if a buyers agent offers to provide a buyer. It should be priced in a way that you can lower the price if someone finds you without an agent.
Ensure that everything is legal and in writing
Real estate disputes are one of the most common reasons for law suits. Because the dollar amounts in real estate transactions are so large it is essential everything is in writing, and is specifically written to protect you as the home seller.
In addition, when selling a home you are required by law to provide buyers with sellers disclosures.
The Internet's Number one foreclosure site. For Sale by Owner.com List Your House
For Sale By Owner Homes Find For Sale By Owner / FSBO homes across the nation. Divided into local metropolitian areas to assist you with local resources in buying or selling your property.