What are some tips for selling your home, "for sale by owner"?

Asked by New Casa!, Las Vegas, NV Wed Apr 17, 2013

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8
Robert Adams, Agent, Henderson, NV
Tue May 21, 2013
If you don't know what you are doing then I highly recommend you hire an agent. A good agent can often times get you more money in return even after paying commission as they know other areas of the deal that will save you money that you are most likely not aware of unless you are in tune with the market, selling process, and the documents.


Best Regards,
Robert Adams
Broker/Salesman
The Adams Team at
Rothwell Gornt Companies
C:702-349-9175
O:702-932-8813
F:702-932-8826
RobertAdams@LVrealestateHELP.com
http://www.LVrealestateHELP.com
0 votes
PollyAnna Sn…, Agent, Bozeman, MT
Tue May 21, 2013
New Casa - Here are the top Seller Legal Mistakes:
1. Accepting the highest offer without regard to the other contractual terms

2. Not properly handling multiple offer situations with multiple Buyers

3. Not properly handling back-up offers

4. Entering into an agreement/contract with little or no earnest money from the Buyer

5. Entering into an agreement/contract without verifying the Buyer’s financial ability to close the escrow/contract

6. Not disclosing known material facts affecting the value or desirability of the property

7. Not providing the Buyer with legally required disclosures

8. Not obtaining the Buyer’s written acknowledgement of disclosures

9. Not considering whether and when to require the Buyer to remove contingencies

10. Not excluding items from the sale that the Seller wants to keep

That all being said - consider using a trained and professional Realtor to keep you on track as a Buyer or Seller - hope this helps! Cheers!
0 votes
Kathy Black, Agent, Las Vegas, NV
Tue May 21, 2013
GET AN AGENT WHO CAN PROTECT YOUR BEST INTEREST
0 votes
Phil Scheinm…, Agent, Las Vegas, NV
Sun May 12, 2013
PRICE * PRICE * AND MORE PRICE

You have to work from the head and not the heart.

Sell a house for what it is currently worth and not what you think it should be worth.

If you don't succeed well at least you tried then contact me:

Search :

http://WWW.LAS-VEGAS-REAL-ESTATE-HOME.COM

Regards,


Phil Scheinman, ABR, GRI, E-PRO
Broker * Sales Agent * Realtor
Realty One
2831 St. Rose ParkwaySte. 100
Las Vegas, NV 89074
Direct: 702-580-9198
Fax: 702-614-9337
E-mail:smokey25@cox.net

http://www.PhilScheinman.com
0 votes
Phil Scheinm…, Agent, Las Vegas, NV
Sun May 12, 2013
PRICE * PRICE * AND MORE PRICE

You have to work from the head and not the heart.

Sell a house for what it is currently worth and not what you think it should be worth.

If you don't succeed well at least you tried then contact me:

Search :

http://WWW.LAS-VEGAS-REAL-ESTATE-HOME.COM

Regards,


Phil Scheinman, ABR, GRI, E-PRO
Broker * Sales Agent * Realtor
Realty One
2831 St. Rose ParkwaySte. 100
Las Vegas, NV 89074
Direct: 702-580-9198
Fax: 702-614-9337
E-mail:smokey25@cox.net

http://www.PhilScheinman.com
0 votes
Tom Sommers, Agent, Lakeville, MN
Wed Apr 17, 2013
Hire an agent. The good ones will more than earn their commission. Remember they have to put money out up front to advertise your home and if it doesn't sell they get nothing. If you are not a savvy negotiator you may find it hard to work with a realtor who is representing a buyer. Most buyers are uncomfortable with the whole process and rely on a professional to help them through the process. It seems to be getting more and more complected each year.

Best of luck to you

Tom
0 votes
Randy Bridges, Agent, Las Vegas, NV
Wed Apr 17, 2013
Hi Casa. Here are a few ideas. 1. Someone said earlier, be available 2.Take advantage of social media, facebook, twitter, classified ads, etc. 3. Box up items in the home of a personal nature (photos, curios, etc. You want the home to be a house not a home is the best way I can describe it. 4. If you have an open house, only allow 2hrs (get a bidding environment). Give any buyer an incentive, like a home warranty, for example. How this will get you started.
0 votes
Keith Jean-P…, Agent, East Brunswick, NJ
Wed Apr 17, 2013
Hire an agent! Okay just kidding. If you are not ready to list with an agent here are some things I would suggest:

#1 AND MORE IMPORTANT; BE AVAILABLE FOR SHOWINGS!
I can not stress this enough. Something that is raising in popularity is FSBO listings put in your local MLS to gain exposure. This is a great idea but the problem is that most of the FSBO have limited availability. I tell all my clients, when you are selling your home, you have to accommodate the buyer, there are going to be showings at times that you do not like, you have to deal with it. Now if someone is trying to get in your home at 9pm at night or 6am in the morning, yes, rejecting those is acceptable, but as a seller you can not offer limited showing hours.

#2 - LIST IN YOUR LOCAL MLS
This is a must for the greatest exposure. Also offer a decent commission. FSBOs that list in the local MLS and then offer 1% or 2% will have an even harder time selling.

#3 - USE AN ATTORNEY (if your market uses them)
Consult an attorney or title company to walk you through the process. The selling agent is already going to be doing double the work for less than average commission, ensure that you stay on top of your game, otherwise your deal will fall through vey quickly.

#4 - CLEAN & DECLUTTER YOUR HOME
Make your home showing ready. Make sure the home is prepared each time before a showing. You get ONE chance to make a first impression, so make a lasting one. Manicured landscaping, decluttered interior, staging if possible, etc.

#5 - SHOWINGS
When doing your showings, DO NOT point out every little thing you did. I tend to find that FSBOs talk too much, which prevents the future homeowner from invisioning themselves in the home. If they do not get to look around themselves then they will not make an offer because they won't remember everything. If you give them a tour, just point out the rooms, and major renovations, but don't stay in each room for 5 minutes.


These are just some of the items that come to mind, there are plenty more that can be found here:

http://homebuying.about.com/od/sellingahouse/ht/homeprep.htm

Let me know if I can be of any further assistance. Good luck!
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