Right at the very beginning of this section on “For Sale by Owner”, there was a statement that said two of the three biggest mistakes FSBOs make is either pricing too high (usual) or pricing too low (occasionally). This section will hopefully keep you from making either one of those mistakes. > READ ON
What’s that old saying? A picture’s worth a thousand words. A good set of photographs won’t necessarily sell your home, but they will help to separate you from the pack.
There’s a reason most real estate agents hire professional photographers; they take much better pictures than the agent can. A professional knows all the little tricks to taking good photos including lighting and staging. If you have money in your budget for this, it would be a really good investment. > READ ON
The third mistake FSBO’s make is not enough marketing. The good news is you no longer must buy expensive ads in print publications. The internet has changed how houses are advertised and exposed for sale.
In many cases, buyers have searched the internet for weeks or months before visiting a property. > READ ON
Being organized is the key to getting things done. Most of us use some form of organizational tool to keep on track. When you’re getting your house ready for sale, there are things that must be done. Some of these things you can do, some are going to require the help of professionals and some things you decide to leave alone. > READ ON
One of the fastest ways to raise the value of your home is to clean it. We all like to think that our home is clean and pristine, but if you can look with a critical eye, you may be surprised what you see. At first the job might appear to be daunting but it’s like eating a 2-pound Porterhouse, one bite at a time. > READ ON
The purpose of doing an honest evaluation of your home is to create a 3 part assessment of your property. 1) All the items you would do yourself 2) All the items that need to be done but you need to hire a professional 3) All the items you’re not willing to do but will have a negative impact on price. This isn’t going to be easy for 2 reasons. > READ ON
Finally, the day has arrived where all the work pays off. After confirming with your lawyer to make sure the money has changed hands and the title has transferred to the new owner, it’s time to hand over the keys.
There are several ways that this can be done. The lawyers can look after them, you can meet the buyers directly and hand the keys to them or you can put the keys in some form of lockbox and give the buyers the entry code. All of them work well. > READ ON
The buyers have told you that they want to buy your property. The first thing that pops into your mind is that you need an Offer to Purchase. The good news is you don’t. Trying to write an enforceable contract is hard and requires skill. Why not just write down what the 2 of you are agreeing to in what’s referred to as A Letter of Intent. > READ ON
Whether your living in your house for sale or it’s empty, staging is incredibly important. It helps if you understand why staging is so important. Buyers love a light and airy house. You’re goal when staging is to create that affect. According to a 2017 National Association of Realtors survey, a staged home will fetch 1 – 5% more price wise. > READ ON