Thursday, May 25, 2006

Where Many FSBO Sellers Go Wrong

Reading through the postings in this real estate blog you'll notice that many of the tips, tactics and strategies will come in the form of a question. This is deliberate, as I want you to think carefully about the whole property sales process. It is not just a case of accepting everything I say as “gospel.” I’m sure that some of the real estate ideas will be best adapted to suit your own situation. The key is to pose the right questions so that between us we come up with the right answers.

Also, from time-to-time I do mention the possibility of listing with a real estate agent. If you are thinking of selling your own home fsbo, don’t completely rule out the option of listing with a real estate agent. The reason is that a high percentage of "For-Sale-By-Owner" sellers will list with a real estate agent within the first 6 to 8 weeks. As I understand it, something like less than 10% of "For-Sale-By-Owner" sellers will sell their houses without outside help. In most instances that will mean a real estate agent.

Don’t get too depressed. Most of these home sellers are not well organized and have the wrong mindset. The fact is; most fsbo home sellers fail to have a clearly defined plan of action. They don’t attract enough potential buyers so fail to get offers on their home. Many give it a half-hearted go and then give up after a couple of weeks. This can cause considerable stress within families and can damages relationships.

You are different, because for starters you are smart enough to be reading this.

The key is to have the right mindset from day one. Understand exactly what you are doing, talk through the issues with your spouse and make the commitment to see the job through to its conclusion.

Read and re-read this ebook because many of the likely problems and opportunities are discussed. It is packed with ideas, tips, tactics and strategies to help you prepare the right game plan, so that you can sell your house yourself.

Overall, buying and selling property requires the need a positive attitude, patience and commitment to get the job done.

No comments: