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Getting the Best Deals on Homes for Sale by Owner

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By : Leticia Carvalho    99 or more times read
The numbers of homeowners who want to sell their homes through the FSBO method (For Sale by Owner) are slowly gaining momentum with more online presence. Most owners of homes that are for sale by owner are opting for this method to save on cost allotted for agentís commissions. With home prices going down rapidly, maximizing the profit for these homes is the priority most sellers are rooting for.

The following are tips in getting the best deals in doing a For Sale By Owner:

Determine the Worth of Your Home

Donít rely so much on information provided by agents regarding pricing. Remember that they are competing with other agents to lure your business. Take extra efforts in researching for a similar home in the market where you can base your price on. Once you put your home for sale by owner out in the market, there might be no turning back on the price tag you put in place.

Getting Your Home Ready For Sale by Owner

Your home can attract buyers more if you present it as immaculately clean as possible. Presenting the home as professionally as possible can make the difference in closing a good deal or prospective buyers changing their minds and moving on. Spending some amount for minor improvements can make a significant impact.

Marketing Your Home as For Sale by Owner

Invest some amount for advertising. Take this out on the savings you get from agentís commission. List your homes in Realtorís sites, or other websites hosting FSBOs. Make flyers and mailers and hand these out in tours and auctions. Flyers and online ads should capture good photos of your home. Hire a good photographer to make at least four excellent shots and angles on your house. Online video can be another effective tool that would attract more prospects.

Be flexible with your viewing schedules and have someone man the phones regularly. The next caller might be the buyer you are waiting for.
Leticia Carvalho has been educated in the finer points of the foreclosure market over 5 years.

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