FSBO - Selling Your Home FSBO (for sale by owner) ? Is It Worth It?

FSBO, what is it? FSBO means For Sale by Owner, and it's a term that's generally referred to when you're selling your home without soliciting help from a Realtor.

FSBO, what's the benefit to you? You'll save thousands of dollars in commissions if you sell your home this way. However there are some headaches you'll have to deal with and here are just a few:

1) Unqualified borrowers ? you may negotiate a deal in good faith just to find out the potential home buyer couldn't obtain the financing for purchasing your home.

2) Sunday shoppers ? just looking on a nice day.

3) Insulting Offers ? someone offers you a ridiculous price trying to buy your home way under market value thinking you don't know your homes value.

4) No shows and late night phone calls ? nothing more frustrating.

Do you have the time and patience for this? Is it worth saving thousands of dollars? These are a couple of questions you must ask yourself before undertaking such a task. If you don't have the time and patience and have plenty of equity in your home then it is worth it to you to hire a realtor to list your home. An experienced realtor will have the resources to sell your home with little or no hassle to you, but as in anything else interview your prospective realtor and make sure your comfortable with him / her and the company they represent.

If you do have the time and patience for this then here are some suggestions for you to try:

1) Make sure you advertise your home in the local newspaper's classified section (you must get exposure for your home; having a sign out in the front yard is not always going to get you enough exposure).

2) Set up some Sunday open houses to advertise too. You need to get people inside your home. Make sure it's cleaned and pressed. The biggest turn off to a buyer is to look at a home that's dirty; this just makes sense if given the choice would you buy a filthy dirty car or one that has been cleaned up?

3) Contact a mortgage loan officer. He / She might have someone they've pre-qualified to buy a house, but they haven't found one yet. Plus, they might have an FSBO program in place to help you sell your home.

Try these suggestions you might sell your home in a reasonable time table and save yourself thousands of dollars. If not, you can always go ahead and list your home with a realtor and get it sold. Whatever you choose to do; good luck in selling your home.

Author Marc Sisk; I specialize in working with FSBO's and can list your home on a nationally advertised website which will not only capture potential home buyers from all over your area but will enable you to solicit out-of-state buyers as well. I'll provide a professionally designed sign with a phone number that goes to a 7 day a week call center so your potential buyer(s) can have their questions answered without calling you, info tube and custom color flyers that can be printed from any computer.

Marc has been originating all types of mortgage loans since 1998. His web site's title is Mortgage Calculator | Refinancing Home Loan | Mortgage Lender. By being an affiliate branch of a large mortgage lender Marc is able to originate mortgage loans in most of the United States, visit his web page to see if we're licensed in your state.

This article may be reprinted or reused please email me a link to the posted page of this article.

---

10 Tips for Investing in Distressed or Foreclosed Properties

1. Search on the world wide web for distressed or... Read More

Dont Buy Ugly Houses!

Ugly houses can be great investments, but we don't buy... Read More

Understanding the Escrow (Closing) Process

1. What is an escrow?Escrow is defined as a process... Read More

Real Estate Investing ? The First House Purchase

Real estate investing usually begins with the purchase of a... Read More

How To Best Negotiate A House Deal

Whether it's selling your home or buying a home, more... Read More

A Possible Bargain: Foreclosed Properties

In the superheated San Francisco Bay Area property market, foreclosed... Read More

How to Buy a Home When Your in Your Twenties

A Single's Game of Real Estate (Getting started in your... Read More

Homes For Sell By Owner ? FSBOs and Buyer Brokers

You're selling your home as a FSBO (for sale by... Read More

Walnut Creek Real Estate

Looking to relocate to a Californian suburb with a low... Read More

Selling Houses: Psychological Effects of Landscaping

Buyers think they care more about the inside of the... Read More

Buying A Home ? What Is That Noise!?!

You've found the perfect home, closed escrow and just finished... Read More

Location, Location, Location

Location, location, location - known as the 3 most important... Read More

Best Time to Buy? Best Time to Sell?

When is the best time to buy? When is the... Read More

How to Negotiate a Successful Short Sale

Anyone who has ever profited from doing a short sale... Read More

The Secret to Maximum Real Estate Profits: Lighting

Lighting is the most important detail of interior Design Psychology... Read More

Donald Trump on Real Estate

I love what Trump says about the business of real... Read More

The Perils of the Property Ladder: Has Anyone Noticed the Silence?

There was a time when every conversation was focussed on... Read More

8 Essential Questions to Ask Your Home Inspector

Congratulations! You've decided to purchase a home. We all know... Read More

Strata Title Hotel Investments

Want to know why Strata Title Hotel Investments can be... Read More

Advantages to Buying or Owning a Condominium

Condos have become an increasingly attractive home ownership option for... Read More

Should You Sell Before the Housing Bubble Pops

For the past several years housing prices have risen dramatically.... Read More

Attention To Details Helps Homeowners Sell Fast In A Buyers Market

Your boss has just given you the career opportunity of... Read More

If You Cant Afford to Retire...Move

According to Warren Bland, PhD, an award-winning author and geographer... Read More

Nobody Loves A Landlord

The typical landlord starts off life as a light hearted... Read More

Sellers, Are You Having A Hard Time Selling Your Home?

Sue and Chuck DeFiore have the perfect solution for you... Read More

Home Staging Strategies

Who are you preparing your home to sell to?You, as... Read More

At Home In Your Overseas Home

Homeownership, in any form, is a big step for most... Read More

How to Make a Home for Sale Flyer Using Marketing Psychology

Want to sell your home right away, for the highest... Read More

Real Estate Problem Solver

IntroductionThere are many areas one can invest in. Since I... Read More

How To Get Started In Preconstruction Investing?

Through our website the most common question that we receive... Read More

A Simple Step by Step Aproach to Fail Your Way to a Million Dollars

If You want to be Financially Successful you need to... Read More

The UK has Gone Property TV Show Crazy!

The UK has gone property TV crazy. There are now... Read More

Home Appraisal Values Are Critical

To most, owning a home is a necessity, but sometimes... Read More