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How to Market and sell your Property by FSBO By Hossein Mansouri
Who is going to sell his property through For Sell By Owner (FSBO)? People who have time and knowledge to do that way and the reward is saving up 6% saving the commission fee to broker. You have to remember in what type of market you are dealing if it is seller’s market then you have a better and easier chance to sell your property, but if the situation is like the current market, which is buyer market it is more difficulty to sell via FSBO.
In The US housing market 12 to 13 percent of the properties are sold through FSBO according to NAR (National Association of Realtors), and that means if you are ready you can do it. You have to do some preparation in advance before you put your house in the market.
The first step is to do all the cleaning, painting, staging, landscaping, and all necessary work to make your property more appealing to prospective buyer. The next step is to put the sign and start marketing work, there are several listing companies that they charge some fee, which is not expensive to make sure from different Internet provider search engines mostly in the real estate section people can see your house and get the information.
Other means of marketing that you must prepare is a one-page flier, and that requires information and details related to your property together with a nice picture and professional wording to attract people to come and look at your property. One way to expedite selling your property is, if you are willing to put in your adverting 3% broker referral. This way if a broker or real estate agent has a buyer they can show your property and sell it.
Last but not least your Disclosures and legal aspects of your contract are very important and you need your lawyer to lead you on that other wise there are possibility of some problems in transaction.
Hossein Mansouri is a team member of American Dream Realty and a regular contributor to FSBO sell. You can contact his through www.ADRealty.us/h
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