"It’s true. Selling a home by owner is not nearly as difficult or complicated as most people assume. I speak from experience, having done so 4 times in the last decade including twice in 2021."
This is the first line from an article we read today. It's always nice to hear real life success stories that others are having going the For Sale By Owner route! The author here details how they saved about $50,000 in real estate commissions by selling For Sale By Owner. These home were also in much lower price point parts of the country than we have here in the Northeast, so your savings theoretically would be even more around here. He gives some good advice about going about it, but if you want a professional guide in your corner, teaching you step-by-step what to do and providing you with a complete marketing program, give us a shout. We'd love to help you write the next FSBO success story!
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The Wall Street Journal published a nice (and visually appealing!) little piece on the case for getting a home inspection done BEFORE listing your home. We highly recommend this practice as it helps uncover any items that your potential buyers will discover in their process of inspecting your home. Also, providing this pre-listing inspection report to your potential buyers shows a deep level of transparency that builds trust with your buyers. It lets them know you've got nothing to hide with your home. It also demonstrates a level of thoroughness that most buyers will appreciate. In their minds, buyers will say, "If these sellers went to the trouble of inspecting their home BEFORE listing it for sale, they are probably pretty adamant about the details of maintaining their home well!"
If there are issues with your home, it is FAR better to address them voluntarily before they come up at a Buyer's inspection and you are FORCED to deal with them to keep the transaction together. Some home inspectors (we're looking at you Patriot Property Inspections!) will perform a pre-listing home inspection and if everything looks good, will deem your home as "Move-In Certified" which can help smooth over the process with potential buyers. If your home is in good shape, this is a great option and a strong marketing tool in your For Sale By Owner journey! Read and enjoy the article here: https://www.wsj.com/story/heres-why-you-should-consider-getting-an-inspection-before-selling-your-home-4d3c41d3 Interested in exploring your options for For Sale By Owner? Contact us and let's have a chat! We keep getting hints of potential good news about the housing market. No one is ready to definitively say, "Yes! Houses are back, baby!!!" but we are seeing some potentially positive economic indicators. Here's a little blurb I read today from one of my daily tech and business podcasts, The Hustle Daily: https://link.thehustle.co/view/5f3b6e4c2c81bf631409f4a1i471a.923/4c99d740
We'll keep passing on the housing news we hear and see. Real estate is historically resilient. Tides ebb and flow, but over the long haul, real estate has always been a good investment. With interest rates easing off their recent spike, we should see a strong market emerging in the coming weeks and months. |
AuthorField Notes from the FSBO Sherpa. Helping guide motivated, DIY homeowners through the For Sale By Owner journey, one real estate transaction at a time. Archives
December 2023
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