How To Save Commission By Selling Your Own Home
September 2nd, 2010 | 
Author: How To Save Commission By Selling Your Own Home
When it comes time to selling your home it can be frustrating having to take a lower price and then paying omission on top. The goal with owning a home is to make profit when you sell it not the other way around. Have you ever been driving through a neighborhood and seen a sign that said “For Sale by Owner” and wondered how it can be done? Well did you know that by selling your own home rather than hiring a Realtor that you can save up to 6 commission? Think about it on a 100000 home you would be saving over 6000. That is no small sum of money to pass up!
If you are going to sell your home via FSBO For Sale by Owner methods then youll need to know how to do it the right way so that you dont end up wasting your time trying to sell it and end up with a Realtor anyway. There are a lot of good strategies that you can use but one of the best is to find a website or a few websites where you can list it on your own. There are a lot of real estate investors that browse FSBO sites looking for good deals too so if you have a price that is low enough to attract them then you will certainly get a few calls that way.
Choose a few sites to list your home you will more than likely have to pay a small fee and then make sure that your home is listed on the online property listings page. You can then choose to buy some signs or have them made for you. Many of these online websites will offer a package that includes FSBO signs as part of the fee to get listed. Place a sign in your front yard so that visitors can easily see it as they drive by your house. If you have a large yard then you can also place FSBO signs at the corner of each side of the house.
Once youve got your FSBO property on the online property listings and youve got your signs in place then start trying to hold open houses and place adds in online directories and classifieds such as Craigslist. Make sure that you price your home at a fair price and do not use the fact that you are doing a for sale by owner to try and jack up the price otherwise you will never sell your house. If possible use the 6 savings as a way to price your house competitively and youll start to get calls from people interested in your home.
Choosing to sell your home via FSBO means that you have to do a little bit more work on your own such as with contracts marketing and showing but youll also be in full control of how you list and sell your property. If your house is more expensive then you can save well over 10000 by going this route.
About the writer: For more information about selling your own home or on buying a For Sale by Owner please visit: http://www.discountedproperties.com.
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