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 How To Sell Your Own Home as a FSBO (For Sale By Owner) in San Antonio Contributed by SAH Admin on May 18, 2010 Selling a home "For Sale by Owner" or FSBO can be a little unnerving the first time, but thousands of people do it every year with a little help and research. Here are five basic points for what to expect: 1. Pricing Setting the initial asking price can be tricky. Too high a price scares off cautious buyers and too low a price can be a disaster. Do your homework on what similar properties have sold for on www.zillow.com or contact a realtor to assess your home and take their advice on the asking price. Know what you're worth...chances are you're not one of the most expensive homes in San Antonio, so you need to price accordingly. 2. Consider a Co-op There are many on-line companies dealing with local properties for sale in the San Antonio, TX area. For a flat fee they list the details and photos of your home which you will prepare and download to them. They will also advertise and may offer a "virtual tour". However interested parties will contact you, the seller, directly to ask questions and set up viewings. 3. Stage the Home Although there are professional companies which do this sort of thing, staging simply means showing your home to its best. Clear away clutter and make sure the home is clean and free from pet smells and other off-putting sights. If your furniture is on the weathered side then try disguising but keep it simple with slipcovered sofas, table cloths, rugs, and paint touch ups. If necessary have a garage sale or rent a storage unit to store garage clutter, boxes and unwanted furniture so your home looks spacious, attractive and welcoming. 4. Offers Sooner or later you will get an offer. Consider the pros and cons carefully. Is the buyer in a position to complete quickly? Will they need a mortgage? Do they also have a property to sell? If the offer is low, a counter offer is acceptable to bring the two parties hopefully to a compromise. 5. Paperwork Once the offer has been signed and agreed by both parties a title company will take care of the title search. This is usually ordered by the buyer's mortgage company. The seller will need the help of a closer or an attorney who will tell you what paperwork is required for the closing to take place. Comments: 2 More posts: Historic Preservation Planned for San Antonio 10 Most Expensive Homes in San Antonio San Antonio Median House Price Figures Read more blog posts... |
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