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SELLERS

This section will help you find answers to a great number of questions and give you tips on selling your home. The videos are meant as a guideline only as we do not have any affilation with the compainies who produce these videos and therefore we are not liable in any way.

Why sell your home using the "For Sale By Owner" meathod


    * It's easy:

          "If you can sell your own car, you can sell your own home... it's that simple," said one of our home sellers. And there right, once you find a buyer, both parties Solicitors take over the legal side of the transaction. And "For Sale By Owner" websites are now your best advertising resource for commission free home selling.


   

* Less hassle and frustration:

          When selling a home by owner, you don't have to leave the house because a Real Estate Agent wants to show it, or clean it every morning before leaving "just in case". You know when potential home buyers are coming, and can therefore prepare accordingly. And when a home buyer makes an offer, there's not all that frustrating back-and-forth telephone tag between real estate agents to reach an agreement. It can be done in minutes, and end with a friendly handshake and smile between the buyer and seller.


    * You can "sell your home" better than anyone else:

          You know your house best. The schools, the neighborhood, what is special about the area and the home, as well as other details about the house. A well-maintained, fairly priced home can virtually sell itself; your role is to simply provide additional information.


    * Sell for a price on your terms; You're in control:

          Nobody is going to tell you what to sell for. You can advertise where and how you want to (not sit by in frustration because "they're not doing enough"), schedule showings when it's convenient for you, talk directly with prospective home buyers at your leisure. 


    * More Money in your pocket:

          Calculate 1 1/2 - 2% of what you think your house is worth, then ask yourself: is it worth paying this much to have someone else show my property, act as a go-between to negotiate the sale and exchange Solicitors details.


    * Sell your home fast:

          If you list your home with a real estate agent, you'll probably inflate the house's asking price to cover the cost of the commission. Two to four months later you'll come to the painful realization that no one is going to buy your home at that price, and you'll likely end up reducing the price (or accepting an offer) equal to the original amount you would have asked if selling on your own. Do it right the first time, and avoid taking the loss.


    * Less uncertainty:

          Because you meet the prospective home buyers, you have a much better idea how interested people are, what they like about the house, how serious they are about buying and what their timeframe and situation is. The direct feedback is easier to live with than wondering how things are going, or worse, why no one has made an offer yet.

 

Advertising with an Estate Agent and ForSaleByOwner

If already with an Estate Agent legally you can still sell your own home without paying a commission if the contract you have with them is on an sole agency basis which is the most common arrangment.  

"Sole agency: The estate agent you appoint is the only agent with the right to sell your property. As you are not an agent, if you find a buyer yourself you don't have to pay the estate agent's commission."

As ForSaleByOwner is a publisher and not an Estate Agent, by advertising on our site you are selling yourself, as buyers approach you directly.

TIP: Check the estate agent's contract to make sure they haven't specified a clause saying "sole selling rights" rather than "sole agent right". In this case you would still have to pay the agent commission even if you sold it yourself.


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