For Sale By Owner (FSBO)

Everyone wants to save a buck. I get that.  We all want discounts at the store, at restaraunts, and many other places. 

Being fiscally responsible is a very important characteristic.
However, when it comes to the largest financial transaction of your life, the sale and purchase of a home, it makes sense to use a professional to ensure the job is done right and you have an advocate in your corner.

If you still think you want to give it a go on your own, below are some things to consider.

If you are thinking of selling your home without an agent, there are some things you should know.

  • Do you know how to prepare your home for sale?

  • Are you knowledgeable in setting the right price for your home?

  •  Do you have the ability to negotiate the sale? You’ll be paying the buyers agent +/- 3% to negotiate AGAINST you.

  • Are you prepared to field all the calls and make time to set and keep all the appointments?

  • Are you prepared to qualify a legitimate buyer?

  • Do you understand all of the steps that take place after an agreement has been reached?

  • Do you know the most effective way to advertise your home?

Are you ready to sell?

Use this checklist to prepare your home for sale.

  • Does your home smell clean and fresh?  Most people are turned off by pet odors, etc

  • Have you had the carpets cleaned recently?

  • Dust all light fixtures and fans.

  •  Upgrade the wattage in all light fixtures to the highest level safety will allow.

  • Clean all tubs, toilets, and sinks.  Polish all hardware to a shine.

  • Streamline and de-clutter the counter tops:    1-2 decorative items only

  • Go over the kitchen as if you were a health inspector.  Clean the oven, range (new drip pans) and the seal of the dishwasher door.

  • Depersonalize your home by storing personal photos so that potential buyers may visualize their personal items in the home.  This is probably one of the most important things to a potential buyer!

Security Tips for the FSBO

1. Never set an appointment with anyone to see your home unless they have given you their name and number and you have called back to verify that number.

2. Never give a caller information about your home’s security such as deadbolt locks, security systems, and so forth.

3. Never let potential buyers know your schedule.

4. Never let a stranger into your home without seeing some identification.

5. Remove all valuables, including guns, jewelry, silverware, and collections from sight.

6. Keep a log of everyone who has looked at your house, to include name, phone number, vehicle description and license plate number.

7. Always have a back-up plan when you allow strangers into your home, especially if you have children. Have a neighbor look out for you until the buyers have left.