Selling your Louisville home and saving money by doing it yourself via the For Sale By Owner (FSBO) route is much easier than you may think if you’re willing to do some research and handle the marketing yourself. Many people have discovered that the FSBO tools and resources available online make it much easier to accomplish this and the money you’ll save makes a sizable down payment on your next home! Here is a brief how-to for FSBOs:
- Stage your home – Staging your home makes it easier for potential buyers to imagine how they and their furniture will fit into your home. It is also a very effective means of pre-packing for your move.
- Don’t over-price your home – If you’re asking more than comparable homes nearby are selling for, most prospective buyers won’t even contact you and you’re setting yourself up for a long wait. Over-pricing is the single biggest reason why FSBO homes languish on the market month after month.
- List Your Home on the Local – You don’t have to pay a high priced broker to get your home listed on your local MLS. Many local brokers and National firms are offering flat fee listing packages today as a competitive options. For national flat fee agencies, just Google “Flat Fee MLS Listing”. If you live in the Louisville area, learn more on Louisville Flat Fee MLS Listings here.
- Consider hiring a real estate lawyer – It will erode a bit of your FSBO savings but in the end, it’s a very smart move to have a real estate lawyer protect your interests. It will provide peace of mind to have an objective set of eyes looking over everything and help you deal with the closing.
- Use Internet marketing – If your FSBO home isn’t online, your home will not attract much attention. Take pictures and upload them to a local FSBO website. Use the tools on that website to market your home. Just as you’re probably looking online for your next home, so are potential buyers!
- Print home information sheets – Home shoppers tend to visit several homes in one afternoon and having home information sheets on hand for them to reference later is a very good way to increase top-of-mind awareness.
Using these and other how-to FSBO tips is a great way to save money and control more of your home selling process as well! If you would like to maximize your home’s exposure, you can list it on the Louisville MLS for a Flat Fee. Louisville Properties offers flat fee listing the provide FSBOs with all the advantages of a high cost Broker.
