For Sale by Owner (FSBO) Tips Every Seller Needs to Know

If you’re in the market to sell your home you have several options available: traditional real estate, sell to a cash for homes investor or for sale by owner (FSBO). There are many reasons a homeowner may decide to sell their home without a real estate agent: have more control over the sales process, walk away with more money and avoid foreclosure. No matter your reason, GrassRoots Financial offers homeowners five FSBO tips for an easy, effective and profitable sales process.

5 Tips for a For Sale by Owner (FSBO) Home

Set Aside the Appropriate Amount of Time: The biggest misconception homeowners are unaware of in a FSBO situation is the amount of time they’ll need to dedicate. Since you are not hiring a real estate agency you are singularly in charge of marketing, listings, photography, showings and documentations.

Research Comparable Homes & Local Market: You’ll definitely want to hire an appraiser to get a fair and accurate calculation of your home’s value. They’ll be able to gauge the market, compare home values and offer valuable insight for the best price for a quick turnaround.

Budget for all Fees & Costs: Many homeowners take on this venture to save money on commission fees. However, it is important to remember there are many fees associated with a home sale that you are now responsible for. Some of these fees include legal fees, taxes on capital gains, home appraisal, title insurance and more.

Interior & Exterior Cleaning & Repairs: Buyers want immediacy and the ability to get the keys, move in their furniture and settle into their new home. The last thing they want to deal with is leaky faucets, unkempt flower beds, loose railings, pet odors and more. Be aware that a small home improvement project can quickly turn into a large undertaking.

Talk to a Cash for Homes Investor Company: If you still want to avoid the commission cost, lengthy sales process and hassle of repairs, selling to a real estate investment company may be your best option! At GrassRoots Financial we purchase your home AS IS, no renovation costs, with cash in hand in as little as 1 week.

Read More: Pros & Cons of Selling to a Direct Home Buyer

Tips to Sell your Home without a Real Estate Agent

If you’re interested in learning how to sell your house without a real estate agent, call our Philadelphia office location today 215-728-9944. Our 3 Step Sell My House Process is easy, straightforward and gives you a fresh financial start.