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The FSBO House and You: Selling on Your Own

By Lea Barton, published Apr 12, 2007
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Knowing how to sell "for sale by owner," or FSBO, can save thousands of dollars for any home owners. Try selling any home For Sale by Owner before considering paying a real estate agent and the agency they work for up to 7% to sell properties for sellers. Sellers can sell their own house and keep that money for their family as long as they have the determination. All sellers have to do is a little advertising and some research.

First, get the property ready for people to see. If sellers have a messy cluttered home, it is not ready to be shown to potential buyers. Clean up the house and put away all unnecessary clutter. If the house carpets are dirty or smelly, rent a carpet cleaner and thoroughly clean them. When people do eventually come to see any house that is for sale, make sure to put away any pets, keep the sinks and counters empty, maybe light some candles, and don't have any strange smells in the rooms (don't cook liver and onions a half hour before a showing, for instance). Some real estate agents and FSBO sellers swear by setting a bread machine to be timed to cook as a showing is about to start. The scent of baking bread can make a house feel homey, which is important psychologically-you want buyers to imagine themselves living in the building.

Once the listing is clean and clutter free, you are ready to take pictures and get your property on the market. Make sure to get the best angle on the pictures you take, and if you don't have a digital camera, borrow one and upload the pictures onto the internet. After taking pictures, create a listing on the internet at various FSBO websites, and put your pictures and property information into the real estate listing computer system. FSBO sellers can enter into the MLS; check internet search engines to learn how this works in individual states.

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