In this modern age of economic strife and a galloping “do it yourself” movement, more and more homeowners are looking into selling their homes themselves. However, taking on the role of a professional when you don’t have the same training isn’t all it’s cracked up to be.

Some homeowners go into the whole “for sale by owner” experience with the thought that they’re saving themselves the cost of the commission and in the end they’ll come away with more money at the end of it all. However, Realtors can often get you a higher price for your house than you can negotiate yourself. Realtors will know what the current price of comparable homes on the market are selling for so that you don’t price your home so high that it lingers on the market for months or so low that you lose out on the money that you deserve to get for your home. (more…)

So You Too Want To Be A Realtor? Okay, not the place for sarcasm; nobody in their right mind would want to be a Realtor. I am a Houston Heights Realtor. I have sold Houston Inner Loop homes for 15 years and have sold or helped sell quite a few homes involving Houston For Sale By Owners. Selling on your own is tough. I hope the tips I’ve picked up over the years will help.

There are several reasons for selling your house yourself. Some that make sense; some that don’t make sense. I’ve even taken this route myself, with mixed results. I am a do-it-yourselfer, so I understand that too, maybe that’s a driving force for you. Well, let me give you a few tips. I will then follow up in a separate article with my experiences with FSBO’s. Note: I thought I would dash off 10 tips and be done with it. That didn’t work. There were too many thoughts; too many experiences. 10 tips turned to 15, then 20. There are more, but you have to stop somewhere. (more…)

If selling a house was easy, everybody would be doing it — real estate agents wouldn’t exist. But you and I both know it’s a process that’s daunting to most normal people.

So why are there so many FSBOs? Because people think it’s an easy way to make a few more thousand dollars from the sale of their home by not paying commissions. The reality is that, according to some studies, about 90% of FSBO homes end up being sold by a real estate agent. And, in general, homes sold by an agent bring in more money than if the owner sells it. (more…)

For people who want to sell their house in a low market, they are curious if they are going to make it or break it. Well, for others they consider it a lucky year, but for some this is not really the best time do this.

If you are a FSBO seller, you are actually marketing your home without a real estate broker. That is why it is termed as FSBO-for sale by owner. This is beneficial since there will be no cuts or commissions from the profit that you can get. The entire amount will all be yours. You can actually save a lot if you are a FSBO. (more…)

You have decided to sell your property and now the time has come to make the decision whether to market your property through an agent or go it alone, handing over your property to an agent would be the easiest way to market your property especially if you have a good agent who will give the necessary time and effort to achieve a sale, but as we know not all agents have the necessary integrity.

The other option would be to become a for sale by owner and go it alone, well that is not entirely true in the past there was little help and support available to FSBO (for sale by owner) but now we have the explosion of the Internet there is so much support and advice out there. So the question is do you feel you have the necessary qualities to promote your own property, the incentives are massive when we think about the amount of money that could be saved by becoming a FSBO, but the process of negotiating may feel a bit daunting to someone who has not had previous experience in this area. (more…)

For sale by owner is now an increasingly popular method of selling homes. Since the market values have dropped, sellers would want to get the most profits for sale by eliminating the agent commission. However, in the current economic condition, do you think For Sale By Owner is a smart thing to do?

The current real estate market is what you can consider a buyer’s market. In here, the number of houses for sale exceeds the number of buyers. This is an advantageous condition for the buyers. However, this can mean an impending problem for sellers. (more…)

Interested in buying cheap homes for sale? If so, you’re in luck. Real estate bargains are everywhere. Drive through nearly any neighborhood and you’re certain to see numerous “For Sale” signs. Many properties are listed as “For Sale by Owner” (FSBO) while others are listed through realtors or banks.

Not all real estate falls into the cheap homes for sale category. However, the majority of properties are priced below market value. Homeowners facing foreclosure need to sell their house fast. If they owe more than their house is worth, they might be able to sell the property for less than is owed on their mortgage note. (more…)

Some people, myself included, have this funny thought process that no matter what the project is, they can do it themselves. Well, in many cases this is completely true; there are a great many projects that you can, in fact, do yourself and get fabulous results from. However, not every project is a good candidate for a do-it-yourself.

Take, for example, the job of selling your home, while there are a plethora of agents out there chomping at the bit to assist you in home sales, there are some people who consider home sales just a big DIY project. If you have experience in real estate or are a retired agent, then this might actually be a reasonable DIY project; if your only experience in real estate is buying or selling a home with an agent, this is not a good project for you to take on yourself, however. (more…)

The whole point of the “For Sale by Owner” (FSBO) sign is that the owner sells their property without having to pay Realtor® fees. However, it takes a lot of knowledge and experience to sell a home, as many would-be solo sellers can find. FSBOs are a great niche to get into, if you know how to find and approach their owners.

FSBOs are a great target market. The owners are motivated sellers. You already know that they own their home. They are serious about selling, since they’ve gone to such lengths to sell on their own. They have already done part of the job of marketing their place through their own efforts, leaving you to list it on the MLS. Since most FSBOs fail to sell as owner-sold properties, somebody must be doing the work of selling them – it should be you! (more…)