Real Estate

Should I try Selling My House as a For Sale By Owner?

Thu Mar 19, 2009 11:30 am
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Selling one's house by going it alone is more appealing in the current tight real estate market. For Sale By Owner properties are found in every city and town nationwide.

The most important point to remember is to first secure the guidance of an experienced Real Estate Attorney. The attorney should prepare and review all contracts prior to the seller signing off.

There are services that will put your home into the Multiple Listing Service for a flat fee. Sellers may also want to opt for the FSBO For Sale By Owner publications that can be found on newsstands and in most public places.

Sellers will save the real estate commission by selling themselves however there are caveats that sellers need to be aware of. First, sellers may have no idea of the character of the people walking through their house. Second, sellers may have no way of knowing if the people meandering through their home are financially qualified.

Before a seller makes a final determination to sell without the guidance of a professional Realtor sellers ought to interview at least a few people that have sold on their own. There are horror stories on both sides of a FSBO transaction.

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