If you've tried to sell your home yourself, you know that the minute you put the "For Sale by Owner" sign up, the phone will start to ring off the hook. Unfortunately, most calls aren't from prospective buyers, but rather from every real estate agent in town who will start to hound you for your listing.
Like other "For Sale by Owners", you'll be subjected to a hundred sales pitches from agents who will tell you how great they are and how you can't possibly sell your home by yourself. After all, without the proper information, selling a home isn't easy. Perhaps you've had your home on the market for several months with no offers from qualified buyers. This can be a very frustrating time, and many homeowners have given up their dreams of selling their homes themselves. But don't give up until you've read a new report titled "Sell Your Own Home" which has been prepared especially for home-sellers like you. You'll find that selling your home by yourself is entirely possible once you understand the process.
Inside this report, you'll find 3 of the 10 inside tips to selling your home by yourself which will help you sell for the best price in the shortest amount of time. You'll find out what real estate agents don't want you to know.
This industry report has been especially prepared to assist home-sellers, such as yourself, understand the elements involved so you, on your own, can sell your home quickly and for the most amount of profit. To help you prepare, here are 3 of the 10 inside tips that you should be aware of before you make the decision as to whether or not this is the right approach for you.
Sell Your Own Home For Sale by Owner: Inside Tips for Selling Your Home Yourself
1. Price it Right Correctly: setting your asking price is critical. Setting your price too high can be as costly as setting it too low. Home prices are determined by fluctuations in the marketplace not by your emotional attachment or by what you feel your home is worth. In order to establish a realistic price for your home, objectively compare the price, features and condition of all similar homes in both your neighborhood and other similar ones which have sold in recent months. It is also important for you to be familiar with the terms of each potential sale. Terms are often as important as price in today’s market. Carefully budget your selling costs and prepare a net proceeds sheet to calculate your best estimate of what you will take away from your home sale. Prospective buyers may also request this kind of analysis of buying costs.
2. Prepare Your Home for Sale: First impression is crucial. Make sure your home makes a positive statement by carefully inspecting all details and viewing it through the objective eyes of a buyer. Don’t gloss over needed repairs and fix-ups, as your prospective buyers won’t. Your job is to ensure that your home stands out favorably from the competition.
3. Prepare Yourself With All Necessary Legal Documentation: Not surprisingly, there are many important legal contracts and documents which you must assemble, complete and understand. A partial checklist of forms that you will require for prospective buyers and for legal documentation is as follows: • Seller Disclosure
• Purchase Contract
• Mortgage Payoff
• Loan Application
• Deposit Receipt
• Property Profile Fact Sheet
• Buyer’s Cost Sheet
• Closing & Settlement
• Personal Property
• Exclusion List
• Property Survey/Plot Plan
• Sellers Statement of Representation
So, there are 3 of the 10 points, in an effort to draw attention to this very important topic. If you'd like to see all 9 of these little known facts, I have put together a FREE Special Report titled “Sell Your Own Home" which explains these issues in greater detail.
Thank you for reading this week's blog, and Go Serve Big!
The Nicoll Pallini Group
Your Home Sold Guaranteed or I'll Buy It! So, if you or anyone you know is considering making a move, feel free to give me a call or pass on my number! 707-380-8057