For Sale By Owner
Selling a home "For Sale By
Owner" or FSBO for short, can be a very rewarding or difficult
experience. Selling in a Buyers'
market is much more demanding than selling your home in a sellers' market.
If you have decided to try the for sale by owner method we would love to help
you sell your home. That is why we offer you a free service that
will help you sell your home quickly with or without an agent. Some
of the important skills real estate agents offer are home selling and marketing
experience and know how. We will assist you with some of the tools and
information that will help you make your FSBO a success. House
payment flyers You have
probably seen these in homes for sale before. The flyer details what the
monthly payments would be on the home with varying types of financing. Free
online buyer evaluations Your
prospective buyers can receive a free pre qualification from one of our loan
specialist. They can also apply online for the loan to buy your home
anytime 24 hours a day. Free
referrals of prospective buyers We
will notify any of our already pre approved buyers that your house is
available. You would receive free, pre screened, pre approved buyers who
are interested in your home. Free
assistance structuring your transaction We
are not providing legal advice or practicing real estate law or brokerage
services. We will show you how to make the most appealing offer to
your prospective buyer and help you understand how you can sell your home
quickly and still get market value for your home.
Since there are more
homes for sale than buyers in a buyers' market, homes may not sell quickly and
sell for lower prices
than they normally would. Sellers Watching their home sitting on the market for
longer than they want are generally motivated to sell. Because of this you
must give more value or flexibility to your offer. You might consider some
good concessions for your buyer and still sell your new home for the right price. Free
advertising and marketing information to registered users.
Hire a real estate agent?
Most people who use these tools
will show their home themselves prior to considering hiring a real estate
agent. We believe that agents can add considerable value in many
circumstances and believe you are the only one able to determine if you should
use an agent yourself.
If you
decide to use a real estate agent, find an agent that specializes in the
area you live in and the type of home you own. Real estate
agents have niches, usually they focus on a particular area of town. Ask around
and find out who is the specialist in the neighborhood you live in.
Make Your Offer the Most
Attractive.
Make it clear that you are ready to
be flexible in the terms of the sale. Your goal is to move toward closing.
Closing is what counts. Potential
deal concessions
You should consider one or more of these concessions.
- Paying your buyers' closing costs.
- Making a small second mortgage to your
buyer if they are short on downpayment or unable to qualify for a higher loan to
value loan. Getting a small second note is better than cutting your price
deeply to sell the home.
- Offering a redecorating allowance
for new carpet, wallpaper, appliances, etc.
- Being flexible on closing and
move in dates.
Extra value for
you
If you advertise your home for
sale and we provide the loan for your purchaser, we will pay your actual
advertising costs* That's right, you get free tools, free assistance free
flyers, free evaluations, free referrals and we pay you when you sell your
home.
Register now or inquire to learn more about how we help
you sell your home faster.
*This offer is void
where prohibited by law and applies only to registered users in our
service area.
Advertising reimbursement is limited to actual costs, with a maximum
reimbursement of $400 or 1/2% of the loan amount we provide, whichever is
less. You must send a copy of your bill from the advertising source to
us. You are not eligible for the reimbursement if a buyer we refer to you
purchases your home. Flyer originals will be supplied, you are responsible for printing or
copying additional copies.
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