For Sale By Owner TipsCategory: Selling
Selling your own home can be a rewarding yet daunting experience. Sure, you can make a little extra money, but are you familiar with real estate law and are you prepared to negotiate what is probably your most valuable possession? What follows are 3 tips that will guide you and make it a little easier so you come out ahead of the game.
- Negotiate effectively. As a realtor, the most common thing I see is people getting controlled by their emotions. You may believe you’re a brilliant negotiator, but when your lifetime investment is at steak, you may get carried away. I have seen entire deals almost blown by someone who refuses to spend $50 to fix an item out of “principle”. Emotions can get the best of people. Remember, you area also working with experienced brokers and lawyers who make it their business to know the law. They don’t have your best interest at heart. They want the best for their client. Read up on the entire process from putting a sign in your front yard to close. Know the sales process well so you don’t make a mistake or get walked all over. There are plenty of books on the market that can help.
- Market Effectively. You can’t sell your home if no one knows about it. Familiarize yourself with marketing techniques to bring in traffic. Spend some money to advertise. Find your market – know where to find the people who will buy your home and who have enough money to buy it.
- Make sure your home is “showable”. Small changes can make a big difference. Re-grouting tiles, painting, new switch covers and replacing cabinet knobs can make an impact. People open cabinets and closets so make sure they are organized and clean. Get rid of clutter and hide cords. Trim the lawn and the hedges. Plant flowers if it’s in season to add some color.
It takes a lot more to selling your home than just sticking a For Sale By Owner sign out in the front yard. Do your research, don’t get controlled by your emotions and make it desirable. For more tips on selling your home come visit Nashvillerealestatesearchonline.com.
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