8 FSBO Tips for Selling Your Home 

1. Make Your Home Look Great 
Presentation is everything. Home buyers are attracted to clean, spacious and attractive houses. Your goal is to dazzle buyers. Brighten-up the house and remove all clutter from counter tops, tables and rooms. Scrub-down your house from top to bottom. Staging is everything!

2. Price Your Home Right
Careful not to over price your home. Over-pricing when you sell a home reduces buyer interest, makes competing homes look like better values, and can lead to mortgage rejections once the appraisal is in. Over-pricing when selling a home is the single biggest reason why many “for sale by owner” (FSBO) home sellers don’t sell their homes successfully. 

3. Hire a Real Estate Lawyer 
Even though it’s an additional expense, it may be wise to hire a lawyer who will protect your interests throughout the entire transaction. An experienced real estate lawyer can help you evaluate complicated offers.

4. Market Your Home for Sale 
Exposure, exposure, exposure. That’s how sellers sell their home fast. The MLS or Multiple Listing Service can also help market your home, particularly to real estate agents who may know of buyers seeking a property like yours. The MLS is a directory used by real estate agents to announce to other agents that they have a home for sale.

5. Negotiate and Accept an Offer 
When a home buyer makes an offer (this is often presented to you directly from the buyer or through their lawyer), you should consult with your attorney.  This is another additional expense.

6. Home Inspections 
All standard real estate contracts are going to give the prospective home buyer the right to inspect your property – so be prepared. Under a general inspection you are obligated to make major repairs to appliances, plumbing, septic, electrical and heating systems – or the buyer may cancel the offer. 

7. Buyer Appraisals and Other Details 
The mortgage lender will order an appraisal of your home to make sure they are not paying more than the house is worth. They may also order a surveyor to make sure that the property boundaries are properly laid out. They will also order a title search to determine if there are any liens against your property.

8. Closing Time
Closings usually occur 30 to 45 days after you have signed the sales contract.   Depending on what state you reside in, you may close with an attorney, or with a title company.

Selling a home yourself can be time consuming.  If you feel you don't want to waste your time dealing with these steps and the details involved, contact me today

Crystal Smith
Crystal Smith