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FSBO Basic Tips

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Services for Real Estate Pros with sony

There are some tips of selling your house FSBO:
1) The first step you should make is to find out how much your house is worth! Be realistic nobody wants to know that you have a new fence and it cost you $11,000. What your buyers are really interested in is what your house is worth in today's market based on comparable sales. The best way to set the price is to get an independent appraisal or an accurate home appraisal. To deal from a strong position you can show the results to your potential buyer.

2) The next step is your home inspection. Here you need a licensed independent professional. According to the results your house may require certain repairs. Pay your attention on them to avoid bargaining with your clients. Otherwise there can be a discussion about lowing the price. This is in your own interests!

3) The next very important step is marketing and showing your property! You must prepare your house carefully for the selling process. Both the inside and the outside of your house are important to make a good first impression and sell your house. Start with removing all clutter from your closets and the garage, cut the lawns and tidy the flower beds, your front garden must be well kept and tidy, cut back any large bushes or trees (your property should be seen clearly). People like bright and open living areas so try to get rid of your extra furniture.

4) And finally the last step you'll have to pass through is transferring the title. The process of the transaction is really very complicated and you need a lawyer to study your contract first. Some realtors state that owners lack experience to cope with this step but even not all realtors can provide you with this service. The answer is to hire an attorney and this will definitely cost you much less than paying a commission.

Rick Sergison
EXP Realty of Canada Inc., Brokerage - Pickering, ON
Durham Region Real Estate Blog

I just stopped by to welcome you to Active Rain, I hope you benefit from it as much as I have. If you get a moment please visit my Primary AR Blog is at : http://activerain.com/charlottesvillerealestate

Best of luck in your business! 

Jan 17, 2008 04:36 AM