Real Estate Selling Tips

Real Estate Selling Tips #1

When you are ready to sell one of the easiest ways to make a profit is to sell it yourself. You can save any where from 5-7% commission. You are selling your own property in your name so you do not need a real estate license to sell your own property.

Real Estate Selling Tips #2

Your first step is to advertise in every newspaper in the area including the free throw away ones.

Real Estate Selling Tips #3

When placing your ads DON'T ABBREVIATE. It's like typing in all caps, it is annoying and some people don't understand what some of the abbreviated words mean. Also title it 'For Sale By Owner'. Buyers are looking for deals and they know that they can save on commission by dealing with a FSBO (for sale by owner) property. Try to make the copy as appealing and accurate as possible. Don't say things like 'cute house' because that means it's a little house. You are trying to be positive don't start out with a negative. If it's been remodeled in any way list it. List any terms and any particulars about location.

Real Estate Selling Tips #4

Example:

For Sale By Owner

Newly decorated. All new appliances. New drapes, new carpets, etc. You get the idea

2 bedrooms 2 full baths. Always note how may baths, full, 1/2, 3/4.

Then the terms you will accept. Cash only, so much down, taking over an existing loan, etc. The dollar amount payment each month, be specific on the details of the payment.

Close to schools, shopping, park, etc.

The contact information.

If it is turn key, say so.

Real Estate Selling Tips #5

Now go stand at the curb and walk slowly up to the house. You have approximately 2-5 minutes to impress prospective buyers. It's called curb appeal ideas. First impressions are everything.