30
Selling Your Own Home - 10 More Tips
Filed Under (Articles) by admin on 30-05-2006
Selling your own home can be a time-consuming and frustrating process. Sometimes, though, in the right market, it makes sense to save thousands of dollars in commission and do it yourself. If you’ve decided to give it a try, use the tips here to do it right, and to avoid common FSBO (for sale by owner) mistakes.
1. Understand value. It isn’t what you think your house is worth, and it doesn’t even matter how much you put into it. It is only what it’s worth to potential buyers. Find out what they have paid for other similar homes before you decide on a price.
2. Be objective. This is a difficult one. You may want to get your most honest and outspoken friend to walk through the house with you. He’ll see problems you didn’t know were problems.
3. Have a plan. What will the kids or wife say to those who call? Where will you be closing? Will you have documents prepared by an attorney? A plan will help it all go smoother.
4. Make a list. What needs to be fixed, cleaned, changed, or removed? Do the most obvious things first.
5. Be a prepared salesman. List every question a buyer might have, and be ready with an answer. Have comparison sheets showing other home sales, so buyers can see the value. Have a map showing where nearby stores and libraries, etc. are.
6. Sell benefits. Don’t say “near stores.” Say “You can walk to the store in five minutes.” Don’t say “garage.”
