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8 Secrets to a Successful FSBO Sale
Sell Your Home on Your Own
By Ruth Lerner

For Sale
By Owner
Why Sell Your Own Home?
 You

may save
money.

 You
 You

may enjoy it.

have the
time and the
patience.
Why Provide You This Information?
 Because

I believe everyone
is better off when home sale
is done correctly!
Sharing Techniques I Use
 All

of the Secrets are techniques I use
to sell my listings.

 My

listing’s average time
on market is less than
half the average
market time.

I

sell my listings for top dollar
Secret #1: Stage the Home


Buyers don’t want to see
your stuff.



Hire professional stager or
a friend with a good eye
for design.



Get rid of your clutter,
depersonalize and
maximize use of space.
Secret #2:
Hire a Professional Photographer


No iPhone or iPad
pictures, PLEASE!



Photographs bring the
buyers.



Without professional
photos, buyers are
not interested.
Secret #3:
Offer Buyer Broker Compensation


Good luck without it!



Buyers like to work with
buyer agents.



Buyers are too
overwhelmed to write offers
on their own.
Secret #4:
Go Online to Promote


Most home searches are
conducted online.



If you are not online,
you are hiding.



Use keywords and search
engine optimization.
Free Resource

Click on the link below
for online resources for
FSBO’s.
Secret #5:
Price Your Home Correctly


Remember, buyers expect
to share the savings
of a FSBO.



Always price to market,
regardless of inventory.



Overpricing = sitting on
market.
Secret #6:
Don’t Host Your Own Open House


Buyers want a buffer
between themselves
and the seller.



Buyers often feel awkward
or uncomfortable asking the
seller questions directly.



Uncomfortable buyers
do not make offers.
Secret #7:
Understand the Mortgage Process


Mortgage process = home
buyer’s process = your home
sale’s process.



Learn the deadlines and
expectations of buyer.



Complex procedure
which has become a lot
more complicated in the
last few years.
Secret #8: Learn the Forms, Rules,
Regulations, & Laws in Your State


Understand the offer forms
before you get an offer.



Learn the disclosure you
must provide the home
buyer.



Learn what makes for a
completed offer and the
important dates
and clauses.
Bonus Secret for Condo FSBO’s:
Get Your Condo Docs Organized


Buyer will need the Condominium’s:
› Master Deed
› Master Insurance
› Association Rules and Regulations

› Declaration of Trust
› Association budget
› Information about assessments

› Minutes from the condo meetings
Saving Money!


You may save 0.5% - 1.5% of the sale price!



This may or may not be worth the time and
effort required to sell it properly.



Most home sellers prefer to hire a real
estate agent because the possible savings
are not worth the effort.
Other Home Seller Resources


My growing collection of the best advice
for home sellers from the best agents I
know can be found on List.ly
Click this Link:
Best Advice for Home Sellers
Don’t Forget to Share!

(617) 807 - 0471
Ruth.Lerner@raveis.com
RuthMalkinLerner.com

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8 Secrets to a Successful FSBO Sale

  • 1. 8 Secrets to a Successful FSBO Sale Sell Your Home on Your Own By Ruth Lerner For Sale By Owner
  • 2. Why Sell Your Own Home?  You may save money.  You  You may enjoy it. have the time and the patience.
  • 3. Why Provide You This Information?  Because I believe everyone is better off when home sale is done correctly!
  • 4. Sharing Techniques I Use  All of the Secrets are techniques I use to sell my listings.  My listing’s average time on market is less than half the average market time. I sell my listings for top dollar
  • 5. Secret #1: Stage the Home  Buyers don’t want to see your stuff.  Hire professional stager or a friend with a good eye for design.  Get rid of your clutter, depersonalize and maximize use of space.
  • 6. Secret #2: Hire a Professional Photographer  No iPhone or iPad pictures, PLEASE!  Photographs bring the buyers.  Without professional photos, buyers are not interested.
  • 7. Secret #3: Offer Buyer Broker Compensation  Good luck without it!  Buyers like to work with buyer agents.  Buyers are too overwhelmed to write offers on their own.
  • 8. Secret #4: Go Online to Promote  Most home searches are conducted online.  If you are not online, you are hiding.  Use keywords and search engine optimization.
  • 9. Free Resource Click on the link below for online resources for FSBO’s.
  • 10. Secret #5: Price Your Home Correctly  Remember, buyers expect to share the savings of a FSBO.  Always price to market, regardless of inventory.  Overpricing = sitting on market.
  • 11. Secret #6: Don’t Host Your Own Open House  Buyers want a buffer between themselves and the seller.  Buyers often feel awkward or uncomfortable asking the seller questions directly.  Uncomfortable buyers do not make offers.
  • 12. Secret #7: Understand the Mortgage Process  Mortgage process = home buyer’s process = your home sale’s process.  Learn the deadlines and expectations of buyer.  Complex procedure which has become a lot more complicated in the last few years.
  • 13. Secret #8: Learn the Forms, Rules, Regulations, & Laws in Your State  Understand the offer forms before you get an offer.  Learn the disclosure you must provide the home buyer.  Learn what makes for a completed offer and the important dates and clauses.
  • 14. Bonus Secret for Condo FSBO’s: Get Your Condo Docs Organized  Buyer will need the Condominium’s: › Master Deed › Master Insurance › Association Rules and Regulations › Declaration of Trust › Association budget › Information about assessments › Minutes from the condo meetings
  • 15. Saving Money!  You may save 0.5% - 1.5% of the sale price!  This may or may not be worth the time and effort required to sell it properly.  Most home sellers prefer to hire a real estate agent because the possible savings are not worth the effort.
  • 16. Other Home Seller Resources  My growing collection of the best advice for home sellers from the best agents I know can be found on List.ly Click this Link: Best Advice for Home Sellers
  • 17. Don’t Forget to Share! (617) 807 - 0471 Ruth.Lerner@raveis.com RuthMalkinLerner.com