How to Sell Your House for Sale by Owner

Selling FSBO 

If you are selling your house by owner, you may be interested in some great tips on how to sell quickly and professionally. Going the house by owner route is incredibly time-consuming, but FSBO sellers maintain complete control over the entire selling process. Typically home sellers that do this are trying to fetch a higher sale price and keep more money from the home sale. 

Be Your Own Agent 

The listing process involves a lot of preparation. One thing a real estate agent usually does is a comparative market analysis, which involves taking prices of comparable homes recently sold in your local real estate market.

Figuring Price

By adding up the sales price of at least 3 comparable homes sold, then dividing by the number of total sales, you get an average listing price. Hiring a professional appraiser can solidify your asking price. 

Be Professional 

If you’re an owner selling without a realtor, you need to be extra professional. For example, for just a few hundred dollars you can hire a professional photographer to take your listing photos. Many sellers think they can do their own, but the difference in having professional photos can be monumental, especially when you want to sell your own house. 

Advertising 

One big thing you normally don’t get with FSBO selling is an MLS listing, which is what most agents use for finding homes. Unfortunately, only real estate agents have access to the multiple listing service, but you can actually hire a listing agent just for that purpose, and that’s all, if you like. If not, you’ll need to find other online forums for advertising the sale. 

Preparing the Interior 

Mainly you want to declutter, and in this case, remove the vast majority of personal items and family photos from the home. Do all the packing you can, and rent a storage unit or pay a friend so you can store the boxes elsewhere. Potential buyers want to imagine their own things in the house’s interior, so less = more. 

Preparing the Exterior 

A lot can be said for curb appeal, especially when trying to sell your own home. Clean up the property and manicure your lawn carefully. Wash the exterior walls, and choose a neutral but complementary accent color to the main color of the home. Put a fresh coat of paint on the front door and window frames, and make the house look inviting and well cared for from the street. The home’s exterior gives potential buyers their first impression. 

Hold Open Houses 

}sure you have big, colorful signs and your house looks particularly great. Advertise the open house on social media, and put signs up around town where the most people can see it. Hint: advertise that refreshments will be available! Serve lemonade and homemade cookies. 

Other Considerations 

There are some other things to think about when selling FSBO, such as a real estate attorney. This is for your protection and should be done in any and all real estate transactions. When you have a realtor, this is generally part of your closing process and can help you negotiate the contract, including your closing date, if you like. 

Read more: How Long Does it Take to Sell a House, on Average?

Costs of Selling

If you are attempting to sell FSBO to try and save money, many people find out the hard way that it doesn’t pay. Regardless of the fact that you won’t be paying a realtor, as the seller, you’re still going to be responsible for the buyer’s agent’s commission. Additionally, you’ll be responsible for all aspects of the sale, including the costs of various professionals and professional services you’ll need. 

Is There Any Other Way? 

If you’re interested in a home sale that will get you cash money, within as little as two weeks and with no repairs necessary, contact Sell Your House Fast – Kansas City. We are the trusted name to remember when you need to sell fast, and we believe in complete transparency. You can find out all the details by visiting the pages of our website. Get a free, no-obligation cash offer on your house today.

How it Works 

To get your no-obligation cash offer, just fill out the short form right here, and a representative will be in touch shortly to schedule an appointment to visit the property in person. At that time, the cash buyer will discuss your individual situation and answer any questions you may have. They will be prepared to make you a cash offer on the spot! There’s never any obligation to accept. We charge no hidden fees.