Good idea!
By doing so, you avoid paying agent commissions and have much more control over how you market your home and to whom you sell your home. (Not to mention that it’s a seller’s market right now… so selling your home by yourself is easier than ever before!)
Still, selling as FSBO might raise some security concerns. So here are some tips to sell the house with as little risk as possible.
- Screen Potential Buyers Before They Tour — Selling as FSBO, it’s possible to have much more control over who enters your home then you would with a real estate agent. Take advantage of that and screen potential buyers BEFORE they tour the house. That way you’re not letting people with questionable character into your home.
- Stage For Security — When staging the home, of course the goal is to try to make it appeal to potential buyers. But ALSO make sure to hide or put away valuable items where they won’t be noticed by people touring the home.
- Change The Lockbox Code Often — To work with buyer’s agents, it is likely that a lockbox will need to be put on the house. We recommend changing the code often so that people can’t memorize the code and enter your home uninvited.
- Hire a Broker — To ensure that all of the contracts are created and filled out properly, we highly recommend hiring a broker. That’ll save you a lot of headaches down the road!