It means fewer fees…
And it means more control over when you sell, how you sell, and whom you sell to…
But it also comes with its challenges — since you’re not working with a real estate agent, you’ll have to market the home, show the home, negotiate, and deal with all the paperwork.
If you’ve never done it before, it can be a bit overwhelming.
At Next Page Properties, we’ve been working in real estate for quite some time. And so we thought we’d share a quick overview of the home-selling process when you’re a FSBO seller… that way, you know what’s ahead.
Here is the gist…
Choose a Price — The first step is to decide on a price. Look at other similar homes in the area and what they have sold for to get a baseline.
Repair/Update — Then you’ll need to repair the home and update it to make it “buy worthy”. The better shape it’s in, the easier it’ll be to sell.
Marketing — Now you’ve got to get your home in front of potential buyers. This will likely mean listing on the MLS, posting on Craigslist, doing home showings, and negotiating with potential buyers.
Paperwork — Once you and a buyer have agreed on a price, it’s time to pull out the contracts and other important paperwork. This includes the property survey, receipts and warranties, plans and permits, loan documents, the title, floor plans, and more. You’ll want to go through a title company to make sure everything is filed properly.
That’s the overview.
If you want to sell your house in less time and without the headache, give us a call at (636) 355-3055 — we can make you a fair cash offer, buy as-is, and close in as little as two weeks!