For Sale by Owner – Tips For FSBO in Selling Your Home
So You Too Want To Be A Realtor? Okay, not the place for sarcasm; nobody in their right mind would want to be a Realtor. I am a Houston Heights Realtor. I have sold Houston Inner Loop homes for 15 years and have sold or helped sell quite a few homes involving Houston For Sale By Owners. Selling on your own is tough. I hope the tips I’ve picked up over the years will help.
There are several reasons for selling your house yourself. Some that make sense; some that don’t make sense. I’ve even taken this route myself, with mixed results. I am a do-it-yourselfer, so I understand that too, maybe that’s a driving force for you. Well, let me give you a few tips. I will then follow up in a separate article with my experiences with FSBO’s. Note: I thought I would dash off 10 tips and be done with it. That didn’t work. There were too many thoughts; too many experiences. 10 tips turned to 15, then 20. There are more, but you have to stop somewhere.
This is 1 of 3 articles written to help Houston For Sale By Owners (FSBO’s)
Part 1: Tips for Houston FSBO’s (For Sale By Owner)
Categories: For Sale By Owner Tags: Local Realtor, Selling House, Vacant Lots
Selling Your House for Cash
In the reasonably uncertain real estate market, there is only one real guarantee. Everyone who puts a home on the market wishes to sell the house for cash and make a nice profit on the sale. But this usually does not happen by chance. There are several things that you can do as a homeowner to ensure that you sell houses for cash and make a tidy profit for you and your family or business. Take the time to evaluate your home or properties, determine what repairs or esthetic fixes need to be made, and you too will find the key to sell houses for cash.
One of the biggest things you can do is to clean up the home, inside and out. This means that you must not let prospective buyers come to your home for a look and find a mess. Throughout the selling process, you must keep your home spotless inside and out to give buyers a chance to see the real charm of the home. To sell houses for cash, you do not want buyers struggling through a maze of mess and clutter. Let the home in its more pristine state speak for itself.
Another way to quickly sell houses for cash is to set your selling price reasonably. Do not try to make a huge profit by out pricing yourself. Do your research and determine what other houses in the neighborhood that are comparable to yours are selling for, and set yours close to those numbers. After a few days on the market, you will learn if you have the house priced at a level that is sufficiently interesting to prospective buyers and can adjust accordingly.
There are other things that you can do as you look to sell houses for cash. Get that “For Sale By Owner” sign in your yard as soon as you are ready to move on the sale. Place ads in the local newspapers which will attract a world of prospects, and even go to local apartment complexes and shopping venues to distribute fliers about your home. And do not ignore the power of the internet! When selling houses for cash, the internet can be a great tool for getting your information out to hundreds of people with little to no advertising cost to you. You will be amazed at how many people are able to sell houses for cash by using this fast growing resource!
Finally, be willing to negotiate. A good salesman is always going to be willing to haggle just a little and find the way to close a deal. If someone wants to pay you less for the home, counter offer and ask him to pay closing costs or for any repairs on the home which may be needed. There is always room for negotiation when selling houses for cash! This can be a great way to turn properties over quickly and to make money either for your next investment or for your new home. Selling houses for cash can be quite profitable when you use some of these very easy tricks of the real estate trade. Be sure to put these ideas to work for you.
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Categories: Selling A Home Tags: Real Estate Market, Selling House, Tidy Profit
Tips on Selling a House
Everyone wants to get the most out of their house price & there is absolutely nothing wrong with that. The important thing is to not be greedy. Greed can cause you to lose more money in the long run.
Here are a few things to consider:
1. Experienced Agent
2. Price or True Value
3. Cleanliness
4. Appearance
5. De-Cluttering
6. Repairs
7. Closing Date
Experienced Agent:
Higher a good experienced agent that works in your area. If you don’t know any then get a referral from a family member or friend. A good agent should have their own circle of important players like: mortgage professionals, lawyers, inspectors, & even handy men. They can even give you an idea of how much your house should go for or what you can do to increase your price & get a quicker sale.
Some people choose to sell their own property on their own. This can save you the commissions that the agents charge but can cost you more in the long run if you make any mistakes. You should only sell your house if you are very good at sales & have experience in advertising or access to an affordable advertiser. Consult your lawyer for all the details if you plan to go that route.
Price or True Value:
Find out what the houses similar to yours are going for in the neighbourhood & keep the pricing similar. Don’t get greedy & start overpricing because your house may take a longer time to sell & that may result in a lower priced sale. If you have a good agent that is experienced in your area then they can give you a good idea of how much you should ask for. If you have any special details or extras like a finished basement or pool then you can get a little more for your house.
Cleanliness:
Clean the house & keep it spic & span. Wash the windows, walls, floors or anything else that the eye can see. If you know that a potential buyer will be dropping by or you are having an open house then don’t start frying fish or bacon. Keep the house smelling clean & fresh. Even if the buyer is a slob your chances are much better with a clean house.
Appearance:
Go outside & stand on the street. Put yourself in the buyer’s shoes & take a good look at the house. Notice the appearance of the lawn is it mowed & raked? Is the driveway clean & clear of junk? Is the paint pealing? Is there garbage lying around the house?
It is your job to make the appearance of the house as pleasant looking as you can get it to be even if you have to spend a little money to do so. Remember when you were house hunting? What was the first thing that you looked at? It was the overall appearance of the house. It doesn’t matter if Oprah was selling your house. If you can’t get them out of the car & inside then you can’t make the sale.
De-Cluttering:
Get rid of all your unnecessary junk & have a good garage sale if you want. Throw out what they don’t want to buy or have another garage sale next week too. Pack away or store all of the furniture, paintings, pictures & anything else that may take away from the look of the house. If you have less furniture then the place will appear more spacious to the potential buyer. Clutter in houses is what causes most houses to stay on the market for longer. If you even have to go as far as renting storage space for excess furniture & can afford to then do it. You will get the money back 10 fold.
Repairs:
Spend some time & money fixing what is necessary. If the plumbing needs fixing then get it fixed. If you can afford to paint the place then get it painted. Fix anything that will help get the house sold quicker that you can afford.
Closing Date:
This is very important. Find out when you need to go & do your best to stick to your date. This is probably the first thing that you should do before hiring any professionals.
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Categories: Selling A Home Tags: Selling A House, Selling House, Tips On Selling A House































