Real Estate

Articles and Information about Real Estate

NetFinancial | Institutions | Loans
Colleges and Universities | Search Engines

FSBO - Selling Your Home FSBO (for sale by owner) - Is It Worth It?


FSBO, what is it? FSBO means For Sale by Owner, and it's a term that's generally referred to when you're selling your home without soliciting help from a Realtor.

FSBO, what's the benefit to you? You'll save thousands of dollars in commissions if you sell your home this way. However there are some headaches you'll have to deal with and here are just a few:

    1) Unqualified borrowers - you may negotiate a deal in good faith just to find out the potential home buyer couldn't obtain the financing for purchasing your home.
    2) Sunday shoppers - just looking on a nice day.
    3) Insulting Offers - someone offers you a ridiculous price trying to buy your home way under market value thinking you don't know your homes value.
    4) No shows and late night phone calls - nothing more frustrating.
Do you have the time and patience for this? Is it worth saving thousands of dollars? These are a couple of questions you must ask yourself before undertaking such a task. If you don't have the time and patience and have plenty of equity in your home then it is worth it to you to hire a realtor to list your home. An experienced realtor will have the resources to sell your home with little or no hassle to you, but as in anything else interview your prospective realtor and make sure your comfortable with him / her and the company they represent.

If you do have the time and patience for this then here are some suggestions for you to try:

    1) Make sure you advertise your home in the local newspaper's classified section (you must get exposure for your home; having a sign out in the front yard is not always going to get you enough exposure).
    2) Set up some Sunday open houses to advertise too. You need to get people inside your home. Make sure it's cleaned and pressed. The biggest turn off to a buyer is to look at a home that's dirty; this just makes sense if given the choice would you buy a filthy dirty car or one that has been cleaned up?
    3) Contact a mortgage loan officer. He / She might have someone they've pre-qualified to buy a house, but they haven't found one yet. Plus, they might have an FSBO program in place to help you sell your home.
Try these suggestions you might sell your home in a reasonable time table and save yourself thousands of dollars. If not, you can always go ahead and list your home with a realtor and get it sold. Whatever you choose to do; good luck in selling your home.

Author Marc Sisk; I specialize in working with FSBO's and can list your home on a nationally advertised website which will not only capture potential home buyers from all over your area but will enable you to solicit out-of-state buyers as well. I'll provide a professionally designed sign with a phone number that goes to a 7 day a week call center so your potential buyer(s) can have their questions answered without calling you, info tube and custom color flyers that can be printed from any computer.

Marc has been originating all types of mortgage loans since 1998. His web site's title is Mortgage Calculator | Refinancing Home Loan | Mortgage Lender. By being an affiliate branch of a large mortgage lender Marc is able to originate mortgage loans in most of the United States, visit his web page to see if we're licensed in your state.

This article may be reprinted or reused please email me a link to the posted page of this article.


MORE RESOURCES:

Real Estate Matters
Baltimore Sun, United States - 13 hours ago
By Ilyce Glink Despite the housing recession, there are still more than 1.5 million real estate agents in the United States. Competition is one thing good ...


Radio roots run deep: Palec mixes music with real estate
Bizjournals.com, NC - 7 hours ago
He's been one of metropolitan Milwaukee's most prominent commercial real estate brokers in recent years, handling some of the area's biggest deals including ...


New York Times

Lax Real Estate Decisions Hurt Starbucks
New York Times, United States - 18 hours ago
The company has long been known in the world of commercial real estate for its expertise at selecting prime locations and its fearlessness in establishing ...
Another major flaw in Starbucks (SBUX) management BloggingStocks
all 10 news articles


Gazprom's real estate subsidiary to invest one bln euros in Morocco
Forbes, NY - 7 hours ago
TANGIER (Thomson Financial) - The real estate subsidiary of Russian gas giant Gazprom is to invest nearly one billion euros in northern Morocco, ...


Santa Clara County real estate, business equipment value tops $300B
Bizjournals.com, NC - Jul 3, 2008
The taxable value of real estate and business equipment in Santa Clara County rose above $300 billion for the first time ever this year, according to ...
Assessed values up 7% in county as commercial property booms San Jose Mercury News
all 6 news articles



Real Estate Q&A - Paying Off Your Mortgage
RisMedia.com (press release), CT - 5 hours ago
Mortgage financing and the clearing of title for residential real estate has become much more complicated as a result of the packaging and selling of ...
‘Power Teams’ Excerpt: Teaming up with Your Broker for Mutual Benefit RisMedia.com (press release)
all 2 news articles


RTT News

UPDATE 2-Sweden sells real estate firm Vasakronan
Reuters - 10 hours ago
By Johan Sennero and Simon Johnson STOCKHOLM, July 3 (Reuters) - Sweden said on Thursday it had sold real estate firm Vasakronan [VASA. ...
Sweden dumps state-owned real estate co. for $6.9B Forbes
Swedish Government Sells Vasakronan for $6.9 Billion (Update2) Bloomberg
UPDATE 1-Sweden sells real estate firm Vasakronan Reuters
Reuters
all 28 news articles


Sydney Morning Herald

Real-estate 'conspiracy' targets refugees
Sydney Morning Herald, Australia - 12 hours ago
That would appear to be at the high end of the appraised value," a Mount Druitt real estate agent, Ben Price, said of Ms Manyang's Doonside property. ...


REAL ESTATE NEWS
The Plain Dealer - cleveland.com, OH - 14 hours ago
Cleveland.com's new real estate news page brings together housing-related stories from The Plain Dealer, Sun newspapers and a host of other local sources. ...

Real-Estate - Google News

Currency Trading | Investing | Leadership | Negoatiation | Real Estate | Stocks and Mutual Funds | Taxes
home | NetFinancial | Institutions | Loans | Colleges and Universities | site map
Search Engines | EZmatic | 0pops | GetSonic | TrafficFish | Health
© 2006