Deciding to sell your home is a difficult decision and can be very time consuming, but deciding to sell it as for sale by owner can be even more trying. If this is your approach, you need to know what you’re getting into. Selling your home as for sale by owner can be more complicated and more expensive if you aren’t prepared. These tips below can help you to avoid costly mistakes and make smarter decisions along the way, leading you to a more successful sale.
Pricing is Important
Just because you’ve successfully sold things online doesn’t mean you are qualified to set the price of your home in a way that’s effective and gets you the best price. You’ve got to do research to find the right price for your home. Do you know what your home is worth? Have you looked at the current market? These are two very important questions to ask yourself when determining your list price. It’s best to hire an appraiser to determine your home’s value to know which features and improvements add value and which ones don’t necessarily add anything to the property. Not all buyers are the same and not all buyers appreciate the same things, so it’s a solid strategy to work with an appraiser to find a middle ground. You should also be learning as much as you can about the current market in your area and see what similar homes are going for in the area.
Hire a Photographer
Nowadays most home sales begin online, where buyers see your home for the first time and decide if they want to know more or if they should keep looking. This is your chance to make a great first impression to potential buyers. Therefore, it’s important to have great photos in your listing. Poorly lit photos with angles that don’t show the home in the best view will turn your home into a home that they skip over. Hire a photographer to take professional, staged, and de-cluttered photos of your home to show off the features and floor plans your home has to offer.
Be Committed
Remember that you wanted to sell the home for sale by owner so you should be committed to the sale from the start. You should make yourself available to potential buyers at their convenience not at yours. Be willing and ready to answer any and all questions and ready to show your home on their schedule. You want them to see you as approachable and committed to the sale of your home. If you aren’t able to make yourself available to answer questions or respond in a timely manner then you should consider hiring an agent or hold off on selling until you have more time to dedicate to the process.
To be continued…