Thinking about selling your home but don’t want to pay a real estate agent commission? You’re not alone! According to the National Association of Realtors, 17% of all home sales in 2020 were For Sale By Owner (FSBO). If you decide to list your home as FSBO, there are some steps you need to take to ensure a smooth and successful sale. Together with the most reliable realtors in Las vegas, Monarch Property Management & Realty, let’s explore what it takes to be an effective FSBO seller and remember these effective home selling tips.
KNOW YOUR MARKET
Before selling a home or your own property, you need to have a clear understanding of the local real estate market. Knowing the current market will help you set the right asking price and determine how quickly you should expect offers. It’s important that your asking price is competitive with other homes in the area but still allows room for negotiation.
PREPARE YOUR HOME
You want buyers to look at your house and immediately fall in love with it, so make sure it is ready for showings before listing. Make sure the house is clean, clutter-free, and presentable—small repairs such as patching holes in walls or replacing broken door knobs go a long way towards making potential buyers feel welcome. If necessary, hire professionals like painters, cleaners, and landscapers to help spruce up the property prior to listing.
MARKET YOUR HOME
Marketing yourself as an FSBO seller can be tricky; unlike real estate agents who have access to MLS listings, you are responsible for getting your property noticed by potential buyers on your own. Start by taking high-quality photos of the exterior and interior of the home; these will come in handy when creating marketing materials like flyers or online postings. Utilize social media platforms like Facebook and Instagram as well as online classified websites like Kijiji or Craigslist—these sites are great ways of getting people interested in taking a look at what you have listed without spending too much money on advertising.
EASY HOME SELLING PROCESS WITH MONARCH PROPERTY MANAGEMENT & REALTY
For Sale By Owner (FSBO) sales can be rewarding experiences if done right; however, they do require more work than using a traditional real estate agent might because all the responsibilities related to marketing and negotiating rest solely on your shoulders. It is important that sellers arm themselves with information about their local market before listing so they can make informed decisions throughout the process—this will ensure they get top dollar for their property while also having an enjoyable experience from start to finish.
If you wish to remove yourself from this much stress and burden, Monarch Property Management & Realty is here to guide you with the right tips for selling your home. Hiring our expert realtors is a wise investment if you really want to sell your properties in no time. Moreover, we are also professionals in managing different properties and be your ultimate guide in purchasing the best properties in Las Vegas Nevada. Call Monarch to start closing great property deals today!