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Is Sale-By-Owner Right for You?

In the days of the do-it-yourself mentality, many home owners are making the decision to try and sell their homes themselves.  At the end of the day, it really comes down to the question, "What's the best way to sell my home in order to put the most money in my pocket?".  The following questions may help you decide if selling FSBO (For Sale by Owner) is right for you:

  1. Do I know how to price my home so that it is competitive in today's market?
  2. Can I be unbiased about my property's value?
  3. Do I have time in my schedule to market and show my home (This includes weekdays, weekends, and evenings)?
  4. Can I show my home during the day if a buyer wants to see it the same day?
  5. How much money am I willing to spend in marketing and advertising costs up front before I switch to a REALTOR?
  6. Do I know how to effectively market a property?
  7. Do I know the profile of buyer that my property's floor plan, neighborhood and style will attract and how to market to that demographic?
  8. Do I know what wording to use to attract my target market to my property?
  9. Do I have experience and skill in selling a home?
  10. Have I sold before?
  11. Do I know how to pre-screen prospective buyers so that they won't waste my time?
  12. Can I be impartial when showing my home if someone does not like the floor plan, decor, street, price, or they have an abrupt personality?
  13. Do I know what to say and more importantly what not to say to a prospective buyer?
  14. Do I know how to protect myself from liability or misrepresentation when talking directly with a buyer?
  15. Do I know how to protect myself and my home against theft or crime?
  16. Am I current on the latest trends and lender programs when buyers ask?
  17. Do I know what to say to a REALTOR who has legitimate buyer inquiries?
  18. Do I know how to negotiate my property's value in today's market?
  19. Do I know how to write an offer and the wording to use for all the terms and conditions so that a savvy buyer cannot take advantage of me?
  20. Do I know how to handle multiple offers properly?
  21. Do I know what to do if anything goes sideways?
  22. Do I have an experienced person I can call for advice if an issue arises?
  23. Am I the best person to represent my home in today's competitive market?

 

By asking yourself these questions you will be better prepared to know whether or not you can handle the sale yourself.  The list sounds daunting, mainly because it is.  As a REALTOR, I have been trained to handle all situations that may arise during the sale of your home.  Feel free to ask me any question you may have about your home.  Remember, market evaluations are always FREE!

 

Jennifer Queen

RE/MAX Professionals 

(204) 797-7945

My Phone is ALWAYS on[:)]

Comments:

Real Estate in Winnipeg on Jan 23, 2012 8:20 AM posted:
<a href="http://www.homefinderwinnipeg.com"> Real Estate in Winnipeg </a>

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