The number one way home sellers can cut the cost of selling their homes? Offering houses for sale by owner, or FSBO. If you're thinking about selling as a FSBO (pronounced "fiz-bo"), then take the time to consider whether you have the time and resources necessary for selling your own home FSBO.
Here are the top benefits to selling FSBO homes or other real estate for sale by owner:
1. Selling your own home FSBO through FSBO listings means savings the thousands of dollars (usually a percentage of the selling price) you would have paid in a real estate agent's commission.
2. Find a lawyer who specializes in real estate for sale by owner transactions for legal advice concerning FSBO homes, contracts and FSBO tips.
3. Check out the online real estate for sale by owner resources, including house for sale by owner websites (FSBO websites) and FSBO listings.
Utilize the top for sale by owner websites for help
Selling your own home yourself is much easier with the help of for sale by owner websites and other online FSBO listing resources. Find FSBO websites with a good reputation before you submit your FSBO listings.
I recommend: ForSalebyOwner.com, one of many FSBO websites, has saved its customers more than $1 billion in real estate commissions since 1999. It offers a home-selling guarantee and other home FSBO tips. Input your house's listing price under "How much could you save?" to learn the true savings of selling your own home.
Advertise your FSBO home through for sale by owner websites
There are countless online resources where you can submit houses for sale by owner listings. Some are more costly than others, requiring you to advertise for a specific amount of time, while others allow flexible FSBO listings and options, so consider your options before placing FSBO listings.
I recommend: At
Sell by Owner Listings, pay a one-time ad fee of just $29.00 to advertise your FSBO home until it sells; take advantage of their professional listing page and virtual movies.
Make smart spending decisions when selling your real estate for sale by owner
Remember that offering houses for sale by owner doesn't mean you'll spend nothing. Budget for these essential costs: advertising and FSBO listings, lawyer's fees, the closing or escrow agent's fees and inspection or other expenses you're required to pay when you have a for sale by owner house.
I recommend: At
Owners.com, there is a goldmine of FSBO tips to help you with your FSBO house sale: Run free FSBO listings, purchase state-specific legal forms and find local appraisers and real estate attorneys.
Use FSBO websites to list houses for sale by owner
Find for sale by owner websites that give you more than boring text-only houses for sale by owner ads. Instead, go for the website where you can upload home video tours, numerous photos and get FSBO tips and selling advice.
I recommend: At
myFSBO.com, FSBO listings packages range from $14.95 to $149.95 and include varying levels of features, including photos, flyers, signs, and real estate contracts for FSBO listings.
By Owner Online gives you a choice of ad packages and guarantees they'll advertise your property until it's sold.