FSBO: Sell Your Own Home

David Limon
Monday, January 17, 2022
FSBO: Sell Your Own Home

If you ask anyone who has ever tried to sell their home themselves, they’ll tell you that from the moment the “For Sale By Owner” sign goes up, the phone begins to ring.  

When those signs go up and you start receiving those phone calls, unfortunately, many of those calls will not be from prospective buyers, but rather from real estate agents looking to obtain your listing. Selling a home on one’s own can be challenging as many home sellers will attest to. Here are 3 out of 10 tips to assist home sellers, such as yourself, understand the elements involved so you, on your own, can sell your home quickly and for the most amount of profit.  

The first tip is set the price right. Setting your asking price correctly is critical. Setting your price too high can be as costly as setting it too low. Home prices are determined by fluctuations in the marketplace not by your emotion attachment or by what you feel your home is worth. Carefully budget your selling costs and prepare net proceeds sheet to calculate your best estimate of what you will take away from your home sale. 

The second tip is to prepare your home for sale. First impression is crucial. Make sure your home makes a positive statement by carefully inspecting all details and viewing it through the objective eyes of a buyer. Your job is to ensure that your home stands out favorably from the competition.  

The third tip is know why you’re selling and keep it to yourself. The flip side of “understanding your buyer” is to “understand yourself”. Your reasons for selling will affect everything from your list price to how much time and money you will invest in getting your home ready for sale. Whatever your reasons, however, it is very important to keep them to yourself so as not to place yourself at a disadvantage at the negotiation table. When asked, simply say your housing needs have changed. 

If you would like to get a free report with all 10 Tips visit https://www.riversidecountyrealestateinformation.com/agent_questions or give me a call 951-447-8381 or if you or anyone you know is thinking of buying or selling a home, again call me at 951-447-8381 or pass on my number. If you would like to watch videos of home-selling or buying tricks and tips check out our YouTube channel https://youtu.be/1GK8M5HlN50 and remember to hit the subscribe button. Thanks Again.