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HouseCenter.Com Tips for FSBO
(For Sale By Owner)
Question: How to decide
to go to an agent or do it by myself?
Answer: With the potential
savings that can be gained--saving $2000, $6,000, $20,000
or more after deducting your expenses, by not having to pay
a Realtor's fee, many people are wondering why less than 10%
of homeowners undertake the task of selling their houses on
their own. Possibly it has something to do with expertise
or the marketing strategy which brokers have. Many home owners
who consider a FSBO have been set back when they see the level
of knowledge and commitment that is needed to do an effective
job. The most successful home sellers are those who take an
active role in the process, whether it is as a sale by owner
or a sale by a broker. If you feel that the best way is go
FSBO, then having as much information at hand is the key.
As HouseCenter.Com noted, most of home sellers don't know
it is an art, instead of luck, to sell a home.
Question: What are the
advantages of selling my house on my Own?
Answer: No commission to be
paid, then you receive all of the proceeds (less marketing
costs); You are in total control of the transaction; If mistakes
are made, they are your own, there is no one else to make
mistakes "for" you; If your equity is low, you may be able
to sell your house without having to write a check; You are
always available at the home for showings, answering inquiries
to buyers.
Question: What are the
disadvantages of selling my house on my own?
Answer: You must rely on your
own instincts; All marketing and advertising costs are your
own, which can be an expensive proposition; You do not have
access to the MLS--the Multiple Listing Service, you must
hunt for buyers one at a time; Without all the tools in hand,
you may underprice or overprice the house; If you are not
skilled in negotiation, you may leave money on the table;
All of the paperwork, legal forms, etc. are your responsibility
and must be handled by you; If you want to give maximum benefit
to your efforts, your free time will be somewhat or severely
limited; Many buyers believe that if you are selling on your
own and not paying a commission, it is they (the buyers) who
should get the saving--not you; As you approach negotiations,
you must sever emotional ties with your house or you will
place yourself at a disadvantage; You must become knowledgeable
of legal and financial issues to be most effective.
Question: How to find
a contractor to do the repairing job for me?
Answer: While hiring contractors
recommended by friends is usually a safe route, never hire
a construction professional without first checking him or
her out. If your state has a licensing board for contractors,
call to find out if there are any outstanding complaints against
that license holder. Also, call your local Better Business
Bureau to see if there are any complaints on file. If you
are satisfied with the answers you find there, interview the
contractor candidates. Ask what kind of worker's compensation
insurance they carry and get policy and insurance company
phone numbers so you can verify the information. If they are
not covered, you could be liable for any work-related injury
incurred during the project. Also be sure that the contractor
has an umbrella general liability policy. If they pass the
insurance hurdle, next check some of their references. A good
contractor will be happy to provide as many as you want. Finally,
don't let yourself be rushed into making a decision no matter
how competitive the market may seem. Also, never pay a deposit
to a contractor at the first meeting. You may end up losing
your money.
Question: Is it worthy
to order sales tips from HouseCenter.Com?
Answer: We have hundreds of
happy customers who spent little money to order our tips and
then got extraordinary return. If you want to know the secrect
to sell a home,Only $58,
Case Study 1: Few years ago, we had purchased a downtown
commercial property in Greenville, South Carolina. Previous
our purchase, the property set there for three years, the
listing price dropped several times from $135,000 to $85,000,
and still no buyer coming in. We made an offer then, and got
it at $55,000. We sold it four months later in 30 minutes
- by using real estate property auction at the price $77,000.
Case Study 2: Few years ago, we had purchased a downtown
property in Columbia, Missouri. We got it at $35,000 at a
real estate auction. We sold it four months later by listing
with a real estate company at the price of $65,000.
Case Study 3: Few years ago, we had purchased a residential
property in Greenville, South Carolina. We bought it at $115,000,
and sold it by using FSBO (For Sale By Owner) two years later
at the price of $147,000.
The HouseCenter.Com tips will let you know how to sell a home
quickly, and how to sell your home at the maximum price you
are expecting.
All Tips - For Sale By Owner ($58 only)
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