Sunday, July 19, 2015

Five Tips When Selling Your Property As An FSBO


So you have decided to sell your property as an FSBO. We understand that you are doing this, for obvious reasons that you would prefer to keep most of your profits. By not contracting the services of a real estate agent you will be able to keep the commission that is supposed to be paid to the agent. However, you have to be prepared to take on the duties of a real estate agent. If you are selling as an FSBO for the first time you have to understand that you have to develop your sales and marketing strategy from the ground up. Which means that you also have to be ready for a high learning curve, which also means that you have to be ready to dedicate time to do all these.

If you have come to terms on the challenges ahead, that means you will find ways in order to make sure that you will be able to make that sale. But do not fret if you do not know where to start, we have prepared a list of initial steps that you can follow for you to start as an FSBO.

  1. Have Your Home Inspected - as an FSBO you have to practice due diligence and have the house inspected by a professional. This is to make sure that you know all the repairs that need to be done in your house. You do not want your home to be devalued just because you were not able to fix the defects in your home. By auditing you will be able to take note of the defects both obvious and hidden. Increase the value or sell your home at the right price by doing this simple step.
  2. Get to Fixing - After having your property inspected, and if you found out repairs to be done, it is time to get to fixing these parts of your property. By doing this you do not only fix your property but also potentially increasing its value.
  3. Get the Price Right - this is an area where most FSBO’s are having difficulties, pricing their property correctly. It is important that you value your property correctly based on market standards to ensure that you will be selling your property at the right market price. To properly do this you can hire the services of a professional to do it for you or you can do it yourself by conducting your research on what is the fair market value of your property.
  4. Stage Your Home - staging have several benefits, one of which is to make your home presentable not only during your open house but also when you take photos of your home which you will be using in your online advertising.
  5. Advertise - time to advertise your home, have it listed in different MLS listing services or to help you with this part of your selling process, hire the services of a flat fee mls listing service. This way you will be able to have your property listed in MLS sites without having to pay a commission but by paying only a flat fee. Furthermore, you get access to several other advertising assistance such as being provided with a front yard sign to capture the attention of potential buyers passing-by your property.

These are the five suggested guidelines to help you get started as an FSBO, of course these are not hard rules that you must follow and digressing is possible especially if the situation calls for it. For the first time FSBO this is a good place to start.

Saturday, July 11, 2015

Boost Your Real Estate Listing With These Tips



Whether you are using a flat ­fee mls listing service or if you are using a real estate broker to have your property sold, you sometimes need to boost your listing in order to make sure that you are getting your property listing viewed by potential buyers. As an FSBO this is necessary to make sure that your listing is sold ahead or over those properties that are being sold by real estate brokers. If you are selling your property with the aide of a real estate agent then it is important to have your property listing still boosted so that you will have more potential buyers to your property, remember it is still your property to sell. So how do we exactly boost our Real Estate Listing for more people to see it?


1. Leverage the power of Social Media - one of the trendiest and effective way to boost your mls listing is to use the power of social media. By using social media you do not only have to let your friends know about the property that you are selling you are also letting their friends and so on. Try to post your property listing in social media sites where you are active and where you know you will have lots of potential buyers who will be able to see your posts.

2. Use Google Adwords and Social Media Ads when possible - if you have a site on where you listed your property, or you have a social media page where you can list your property and where using Ads is possible then invest in ads. You will be surprised on how affordable Adwords and Facebook ads are, and how effective they also are in putting your property in front of a lot of eyeballs and potential buyers. By using this you will be able to boost your property listing and get that sale in no time.

3. Use the Power of Emails ­ if you have a database of contact emails - use them try to showcase your property for sale through email. Although email marketing is considered somewhat a traditional strategy it is still effective. Just make sure that what you have in your database are valid and those in your list are indeed interested in your properties for sale.

These three tactics are not only useful in boosting your promotion for your properties but they are affordable too, unlike using traditional media. So what are you waiting for try to boost your properties listing now with these three strategies.