For Sale By Owner

Let Us Join You In Your Journey

So you want to try and sell your home on, we put together some points below to help you understand the process. Selling your home can be stressful and In the end, only 11% of sellers end up selling their home without a real estate agent. Send us your information below and we will come out and take over the process for you and ensure your property is sold stress free with a smooth transaction. 

1) Research comparable homes and your local real estate market.
You’ve likely watched the for sale signs in your neighborhood go up and down, diligently tuning in to see the initial asking price ultimately turn into the selling price. This is a good first step. Finding comparable homes near you offers valuable insight into what your local market conditions are currently representing. Establishing baselines or trends could be problematic if home selling is slow or the market is moving quickly. Hire an appraiser for accurate calculations to stave off doubts about correctly pricing your home for the quickest turnaround and best price. 

2) Budget for home selling fees.
Budget for more time than you initially think. For everything. From gathering your list of professionals to weeding the lawn, time-consuming (and probably money-consuming) hiccups will pop up along the way. Homeowners typically try a FSBO because they’re interested in saving money. So, you need a budget tool to manage expenses through the selling process. Home selling fees add up, and they aren’t cheap. Legal fees, fees attached to the buyer’s agent, and taxes on capital gains are some major concerns to factor into a FSBO budget. Other possible fees include escrow company payments, mortgage and home appraisal, termite inspection. Property transfer tax, home warranty transfer, and title insurance. Take heart; hiring qualified professionals could help save money and protect you from legal disasters. 

3) Clean and repair the interior and exterior of the house.
Cleaning sounds like obvious advice. And it is, to a degree, but what owners think clean and repaired means (especially if you're trying to save money) doesn’t always sync with what buyers consider home sale ready. Leaky faucets, loose stair railings, and other nuisances your family puts up with daily need repairs. In fact, buyers want move-in ready NOW and are prepared to pay for less hassle up front, meaning there isn’t much that should be left as is. Most features benefit from an update or thorough cleaning. Don’t be surprised if one chore turns into a larger project and that one to-do list spins off into several.

4) Create a captivating home listing.
Don’t expect crowds of interested buyers if your home’s advertising is lacking. Real estate shopping is predominantly online now through real estate homes advertising and REALTOR web sites like Country Living Realty 

5) Decide Your Showing Schedule
A For Sale By Owner entitles the homeowner to design a show schedule that works for them and the buyers. Deciding how much time and energy you want to commit to keeping the home pristine and in show condition while keeping the animals away is all up to you. 

6) Prepare for closing.
After some verbal negotiations (nothing is official until the paperwork is signed!), the buyer should present an Offer to Purchase. Here’s where the necessity for a carefully chosen closing agent comes in. You’ll trust them to handle multiple tasks to see the closing process through. Real estate professionals highly recommend working with buyers who have a pre-approval letter or proof of funds before getting in too deep, so your buyer should expect this requirement. You’ll avoid wasting time and energy if you request it at the beginning of the process. Reading the offer and subsequent counteroffers requires businesslike contemplation. You don’t have to take the first offer made, but use your CEO’s point of view reading each one. At first read, the buyer’s offer might include specifics you find somewhat offensive to your personal style, but if the request benefits your asking price, shake off the thin skin and get to signing! After some back and forth in the negotiations, the contract is submitted to your closing agent Your agent will ask for required documents such as appraisals, title searches, and termite inspection reports. After all the paperwork is in order, the official transfer of ownership is the last step of the closing process! 

In closing, remember:
Due diligence prep work isn't glamorous or fun, but it's necessary for a successful sale. A home sale is a legal transaction that requires in-depth documentation: Property disclosures and or exemption, property assessments and surveys, declarations, covenants, or deed restrictions are just the start. Pest and environmental inspection results, statements from property taxes and utilities, and receipts from home maintenance and upgrades are all typically surrendered to potential buyers. Understand your legal requirements. Many states require the services of real estate attorneys, but a closing agent and an experienced home appraiser are also usually well worth their fees.