Selling a Home FSBO - first time
Susan, FSBO Seller:


We are putting our house on the market in a few days. We are going to attempt to sell it ourselves and keep the money we could be forking over to an agent. Any advice on if we should retain a real estate lawyer now or can we just take a signed purchase agreement to our local title company?
Mike, FSBO Expert:


First of all, list your house on Fizber.com to have potential clients view your ad and contact you. For $595.95, you can have your home listed both on Fizber.com and MLS so that Real Estate Broker/Agent show your home in addition to advertising you do on the Internet. I sold my first house on my own in 5 days. Fizber.com provides the RE forms. I also recommend using yard signs – they sell. Yard signs and MLS come with Deluxe MLS package. You will only need to hire a lawyer/attorney at the stage of closing. Getting the lawyer involved anytime before the closing is going to cost you a lot; not anywhere near as much as an agent, but still a lot considering the average lawyer goes for $250/hour. The closing agent and mortgage company can take care of everything, and tell you exactly what paperwork is needed to get together with the buyer.
Susan, FSBO Seller:
My husband is ready to put a for sale by owner sign in the yard but I am a bit more timid and would like to know what I certainly do not want to get ripped off or scammed in any way by a buyer who sees a young couple selling a house w/o an agent…
Mike, FSBO Expert:
Thousands of people sell homes FSBO via the Internet, don’t be afraid of advertising your property yourself. Real Estate Broker/Agents are a dying breed. The Internet has crippled their ability to convince buyers and sellers that they cannot sell/buy a house themselves. Fully screen callers before allowing them an appointment for seeing your home. Ask all the questions: name, existing address, and telephone number. Where are they employed’ Why are they looking to buy’ Do they have a family in the area’ Any children’ Ask as many questions until you feel comfortable with this person. Do not let unannounced visitors into your home unless you have their information first. If you are alone in the house, have them come back later when there are others home. There is no reason why someone cannot make an appointment with you. Make sure there is more than one person in your home when showing your property. Remember, safety in numbers. If you must show your home alone keep a cell phone with you. Let neighbors know you are selling your home. Check with them on a regular basis to see if anyone has been around the house when you are not there.
Susan, FSBO Seller:
Is selling your first home w/o an agent a smart way to go? We are very new at this considering we only bought the house a little over a year ago.
Mike, FSBO Expert:
You want it to sell at the shortest time possible and you want to have control over the transaction. You also want to avoid extra expenses. What’s the best thing to do? Right, sell your home by yourself. No ifs or buts. Just trust yourself. I have assisted many savvy home sellers and it’s not a difficult task when you have the right tools and know how to use them.
Susan, FSBO Seller:
What legal precautions should I take before jumping right into selling my house on my own and what are other things I should look out for?
Mike, FSBO Expert:
Get a standard real estate purchase contract and make sure that you are completely familiar with it and how to fill it out. You can find contracts and disclosures forms on our site and tailor it to your own needs.
Susan, FSBO Seller:
How NOT to loose the very first buyers who come to see the house?
Mike, FSBO Expert:
They key is having your home show well. Get some boxes and put a lot of your shelf trinkets/decor away; keep closets very tidy; remove any excess clutter off of kitchen and bath counters; remove all trash (who wants to see dirty tissues in the bathroom?); have it smell clean, too. Good Luck!
Susan, FSBO Seller:
One last question...With the way the market is acting should we put the house up now even thought we don’t have another house picked out yet to move into? We are in a rush but can commute until the current house is sold.
Mike, FSBO Expert:
You may start searching for a new house on Fizber.com right away – it’s free. Houses usually sell within a month or so, and if you find the house of your dream today, you can always negotiate with the seller about the date of purchase.
Susan, FSBO Seller:
I was getting a little stressed out by the process, but I'm starting to realize it's not that difficult. I'd much rather have the agent’s commissions in my pocket than his/hers. Thanks again!


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