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How to Sell Your FSBO Fast at a Good Price



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By : John Cutts    99 or more times read
American families see new doors open, some want to have a change of scenery. But before you leave your old life, you must put your home for sale by owner. But with the current status of the housing industry, how can you get your property off market fast on a reasonable price?

Here are some considerations on how to sell FSBOs:

  1. Know the sales price range of your property for sale by owner.

  2. Have a deadline.

    Consider the time when you will move and when you should have sold your home. Put your property for sale by owner on a lower price range based on the comparable market analysis or CMA. A real estate for sale by owner on a more affordable price (compared to the actual market), means more attracted buyers and a greater chance to sell your home.

  3. Assess your property condition.

    Compare the status of your property to the other homes on the market. If your property is still in great shape, you can get an excellent deal out of it. But if your home may need some touch ups, do some repairs or put your home for sale by owner as a fixer upper. Have a certified property inspector to know what to repair, list your home on a lower price as the buyer will handle the repairs themselves.

  4. Remember that sales price negotiation may still occur.

    Of course buyers want the lowest possible bid that they may ask to take 1 to 6 percent off your FSBO listing. So, put your FSBO listing just a little higher and label it with $999 like $105,999 for an actual CMA value of $100,000.

    But always take note that the market dictates home prices. Just play along with the market to sell your FBSO quickly at a deal agreeable to you and your buyer.
John Cutts has been educated in the finer points of the foreclosure market over 5 years.

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