The Top Five Things Every For Sale By Owner Seller Needs to Know

HomeReal Estate

  • Author Peter Buterss
  • Published March 30, 2011
  • Word count 471

Offering your home for sale by owner is no where near the scary prospect you might imagine it is. Just ask one of the thousands of Australians who have already sold their homes FSBO. There are certain things that a for sale by owner seller needs to know though to make sure the experience is a good one. Here are the top five things for sale by owner sellers need to know or do in order to get the price they want from the sale of their home while still getting to pocket the thousands of dollars they will save on real estate agent commissions.

  1. Get Help from the Pros – Just because you are not going to engage a real estate agent to help sell your home does not mean that there are no real estate professionals out there to help you every step of the way. Best of all the services offered by such FSBO only cost a couple of hundred dollars, not the 2% of the asking price that real estate agents demand.

  2. Spend a Little to Gain a Lot – All those little repair jobs around the house that you have been meaning to get to have to be taken care of before you put your for sale by owner property on the market. For sale by owner sellers also hear an awful lot about staging. Although you will not be able to stage your home like a showroom if you still live there it should be neat and clean at all times and as devoid of personal items like family photos and whimsical knick knacks as possible

  3. Price your FSBO Home Realistically – Getting the asking price for their home right is something that stresses out many a for sale by owner seller in the beginning. A home value report from a for sale by owner seller's resource like buymyplace.com.au can be very helpful when making this crucial decision as can taking the time to do some market research on your own.

  4. Market, Market, Market – In order to get your for sale by owner home sold you are indeed going to have to do a little more marketing than just sticking a for sale by owner sign out on your front lawn and then waiting for the buyers to come flooding in. Once again though you do not have to go it alone – the pros at buymypalce.com.au can help you with both your on and offline marketing efforts.

  5. Get the Right Legal Help – Once you have found a buyer for your for sale by owner home its time to bring in the legal guys. Here is of course a lot of legal paperwork attached to the sale of a home but a good solicitor will help guide you through it so make sure you hire one.

Sites like BuyMyPlace.com.au are staffed by people who have been in the real estate game for decades and they are there for FSBO sellers every step of the way.

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