For Sale by Owner? 5 Things You Should Consider

Selling Your Home For Sale By Owner? 5 things you should consider

1202 Gary Ave # 13 • Ellenton, FL 34222 License # CQ1037533 5 things you should consider... when listing your house For Sale By Owner

Marketability ✔ ✖ Is your house in good shape both inside and out? Good quality photos are VERY important! Professional photos make a world of difference as well. Show off your home properly!

Availability Potential buyers are not only going to request to see your property after 5 p.m. on weekdays. Some Brokers will need to show your house during the day, so if you work, you will need to make arrangements to either be available or have a lockbox on your door to give licensed agents accessibility.

Price Be sure you are listing your house for a price that will be marketable and is comparable with other recent sales of similar homes in your area. The price should not be only what you want to get out of it or what you think Zillow tells you it’s worth. If you haven’t had a recent appraisal done, consider getting a comparative market analysis done by a reputable real estate company.

Contract negotiations If you were thinking about selling your home by owner, make sure you have a basic understanding of how contract negotiations work or have a knowledgeable friend or family member or real estate attorney to help you with this process.

Cost If you are considering selling by owner, you are aware of the savings potential. Flat fee MLS listings can get you the benefits of exposure on MLS without the hefty 3% listing fee. If a licensed real estate agent finds a buyer for your home, you need to be willing to pay them a commission for their work of bringing the seller to you. This is traditionally 3% as well and will be deducted from your proceeds of the sale at closing.