Sell My Own Home

I should sell my own home. This refrain is being heard more and more these days as the Internet and real estate market evolves beyond the realtor-based transaction.

Sell My Own Home

If I was looking to sell my own home, I would definitely do it as a FSBO. FSBO is an acronym meaning for sale by owner. The advantages of selling as a FSBO are numerous. With real estate commissions of six percent, you are looking at immediately saving tens of thousands of dollars in commissions. If for some reason this does not entice you, keep in mind you can use the savings to undercut the prices of similar homes in your area. This will move your house quickly off the market and let you get on with your life.

The key to selling your own home is to be prepared. First, you need to find out the value of the home by looking at comparables in your area or trying the property value service link on the right column of this page. Once you have the value in mind, you need to determine whether this is acceptable. You also need to determine what you are really willing to accept as a sales price once haggling is completed. Always make sure you know your bottom line and stick to it.

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The next step is to use our site to list the property online so people can see it. Over 70 percent of homebuyers now find their properties online as the realize there is no need to endlessly drive around looking at homes that they may or may not be interested in. By going online, they can see what each home offers and then visit the appropriate property.

Given the use of the Internet by buyers, it is vital that you spend the time to upload pictures with your listings. You are only going to generate interest if the buyers can actually see the property. We allow you to include up to 15 images and you should upload as many as you can.

Once you have the images uploaded, it is also important to put a for sale by owner sign on the front of your lawn. If you are in a high traffic area, you should immediately start getting interest. If not, it helps to spread word through friends and post signs at the closest traffic areas.

Sellers wonder if they are correct in thinking I should sell my own home. With the Internet revolution, you are correct and will save a ton of money.

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