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Home For Sale By Owner Tips to Sell Quickly

Aug 11, 2008
One of the biggest reasons that homes for sale by the owner often do not sell very quickly is due to the vendor not knowing how to advertise the property effectively. FSBO does not have to be intimidating and the following tips will prevent you having to fork out costly real estate agent fees when selling your home yourself.

The key to selling your house quickly is by using effective advertising such as that offered by several real estate web sites in the U.S. Some sites allow FSBO home listings to be posted free, so check what is available in your area. When placing your ad, include several flattering pictures of your home and keep your advertising copy short and simple. Make sure that you stress attractive characteristics, employing words and phrases that are appealing to prospective purchasers. Terms like Newly Remodelled, Close to All Amenities or Priced below Market are good for starters.

Another important tool in your marketing arsenal are lawn signs. If you also attach some form of container with information sheets to the sign, any prospective purchasers will have instant access to your contact info.

Before you put your house on the market, it must be immaculate inside and out. Homebuyers are attracted to clean, spacious and appealing homes. Remove all clutter and clean your home thoroughly, including the carpeting and windows. Do not underestimate the power of curb appeal. Trim the trees, plant colorful flowers and make sure your lawn is neat. Another instant turn off for potential buyers is to be overpowered by a not so sweet smelling house odor as soon as they set foot inside your front door. If you have pets, you need to make sure that the air is not permeated with that all too familiar doggy smell. Although it is better to get rid of the smell at source instead of attempting to disguise it, some essential oils put in discrete locations around the house can make the world of difference. Since you probably do not notice the odor yourself, invite a friend or neighbor over to give you an honest second opinion.

The actual asking price is another key factor in the ability to sell your home rapidly. Over pricing when selling a house is the biggest reason why many homes for sale by the owner do not move. A good guide to being able to price your home properly is to check local realty listings to work out the average going rate for similar properties in your area. As a general guideline, if you pitch your selling price at about ten percent higher than the actual going rate, you will likely receive offers, and hopefully a sale, very close to the true market value of the house.

One service that you should not do without is that of an attorney who is knowledgeable in the intricacies of home dealing. A survey by a professional home inspector should also be carried out, to find any problems that you may not be aware of.

Selling a home yourself can be time consuming, but the financial rewards are tremendous. Presentation together with proper pricing and effective advertising should see your property being sold in no time at all. Educating yourself about the nuances of the real estate market in your area will make you as effective as any realtor but without the costly fees.
About the Author
To learn much more about Selling Your House For Sale By Owner, visit http://www.homelivinganswers.com/fsbo/ where you will find this and much more, including How to Choose the Best Types of Homeowners Insurance
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