Answers to common questions about selling by owner are featured here for your information
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Homes 4 Sale by Owner Network
Making Selling Your Home by Owner EASY!
- What is the most important thing I need to know when selling my home by owner?
- Can I successfully sell my home by owner without the Multiple Listing Service (MLS) Service used by agents?
- What about Discount Brokers or MLS Listings offered to people selling by owner on the Internet?
- What paperwork is required to sell my own home?
- Do I need an attorney?
- How will I be sure my home gets seen on Homes 4 Sale by Owner Network if I am one of the first listings in my city?
- How do I use my personal web page to create and manage my online listing?
- What if I need help creating my home listing? I'm not sure how to write the description or upload my photos?
- How can I tell if my home is being well received on the market?
- If I am a builder or landlord can I advertise my properties on Homes 4 Sale by Owner Network?
What is the most important thing I need to know when selling my home by owner?
The Successful Formula for Selling by Owner is Price + Advertising = Sold!
The for sale by owner market is increasing daily and is projected to soon encompass 40% of all homes sold. At Homes 4 Sale by Owner Network you will find the tools you need to achieve the successful formula for selling your home yourself. How your home is presented and marketed is key, as is setting the right price to appeal to a wide range of buyers. Find the right marketing package for you on our national web site, and answers to your questions and support through our Local Offices, online Resource Center and National Help Center. We are dedicated to your success and helping YOU keep the equity you have earned in your home.
YES! Searching for a home on the Internet is not only time efficient, but enjoyable - and literally everyone is doing it! Because the Internet has changed the way people shop for homes, the MLS utilized by agents and discount brokers is no longer the only online source to find a home for sale. You can sell your home yourself successfully by advertising through Homes 4 Sale by Owner Network and pay 0% commission!
What about Discount Brokers or MLS Listings offered to people selling by owner on the Internet?
Read the Fine Print! Although some companies offer an MLS listing for people selling by owner, be prepared to pay a fee ranging from $399 to $599 to be listed on the MLS...PLUS you will be required to pay a 3% commission if a realtor brings you a buyer. Some discount brokers offer a flat fee for selling your home starting at about $3,000, however, if another realtor brings your buyer you will pay that $3,000 PLUS a commission to the buyer's realtor of as much as another 3%, brining the total fees and commission you will pay to sell your home to as much as $9,000 on a $200,000 home!
At Homes 4 Sale by Owner Network we know that a listing on the MLS is not necessary for a successful sale by owner. We want to save you money! Buyers find homes for sale by owner attractive because they know they are getting more home for their money since the price will not be increased to include a commission. When you are selling by owner, you have the power to price competitively and make your home more attractive to buyers. Increasing the sale price of your home to include a commission, whether a 3% MLS listing or a traditional 7% realtor commission, will affect how the price of your home is received on the market, and will put LESS money in your pocket if sold.
We welcome Realtors to browse our site and they will contact you if they have an interested buyer. However, when you are selling by owner YOU have the power to negotiate. Many realtors are buyer’s agents for whom the buyer has already agreed to pay a fee or commission. If a realtor brings you a buyer when you are selling by owner you have the option to negotiate a lower commission, offer to split commission with the buyer, offer to pay the realtor a finder’s fee, or request the commission be added on top of the price you want for your home. The bottom line is selling by owner gives you choices and a variety of options to negotiate a deal that is a win-win for all! In real estate, all things are negotiable.
What paperwork is required to sell my own home?
In most states you will be required to have a legal purchase agreement, a property disclosure form, and the federal lead paint form if your home was built prior to 1978. Copies of legal forms are included in the Seller Kits available through our local offices for your reference. You can also find this information through www.uslegalforms.com, your attorney, or a local title company office. See additional information about the process of selling your own home through our Resource Center.
We strongly recommend you enlist the services of an attorney to review all legal documents prior to signing. A real estate attorney can guide you through the process of negotiating a purchase agreement when you have questions, and should always review the final document before you sign it, as well as review all legal and closing documents prior to signing. The fee you pay an attorney will be very small compared to the money you can ultimately save in negotiating the right price and terms of sale for your home and will be FAR LESS than paying a commission to an agent to do this for you, and you still may find you need an attorney.
Buyers simply love our web site and are asking us for more information on available homes in their areas! Our national web site currently has over one million visitors each month and growing! We receives daily inquiries from people looking for a home in every part of the country and buyers are registering on our network seeking all types of homes.
Your online listing has a unique number you can post in local newspaper ads to invite buyers to visit your online listing to view your photos and more details--the perfect way to showcase your home. You'll also find that our unique yard signs are a powerful advertising tool that grabs attention and drives traffic to your online listing.
You may be one of the first listings in your city when you put your home online but you won't be for long! Thousands of potential buyers will see your home and more will quickly follow!
How do I use my personal web page to create and manage my online listing?
After you purchase a Do It Yourself Online or Full Service Home Advertising Package, you will you will be automatically directed to your personal web page to begin creating your listing. Enter property information and upload photos easily, saving your work, then take your listing live when ready. You can actually have your home live online in as little as 5 minutes! After your listing is live, you can access your personal web page any time with your e-mail and password to make editing changes, load new photos, post an open house, create and print custom flyers, and monitor your visitor counter. See Manage Your Online Listing for more info.
We do everything for you with our Full Service Home Marketing Packages! Check the Find a Local Office Box below to search for an office in your area. No office in your city yet? Contact our National Help Center toll-free at 1-866-823-9983 or by e-mail at info@h4sbon.com. Our friendly staff are always available to answer your questions.
How can I tell if my home is being well received on the market?
Your visitor counter on your personal web page plus the following formula will tell you how your home is doing on the market and indicate what, if any, changes need to be made:
The number of visitors to your online property listing
+ the number of flyers moving from your brochure box
+ the number of calls you receive
+ number of showings you book
+ buyer comments you hear
= how your home is being received on the market!Remember: Price + Advertising = Sold!
Listen to what the market is telling you and adjust your strategy as necessary for success.
If I am a builder or landlord can I advertise my properties on Homes 4 Sale by Owner Network?
YES! Any property that is for sale, lease or rent by owner or for rent can be advertised on our website. From land, building lots, new construction and multi-units, our Multi-Property Packages were designed for you as a powerful tool to advertise and manage multiple property listings. Whether you have one new construction or several models to market, you can showcase your home with a custom photo slide show and post your contact information for prospective buyers.
View Multi-Property Advertising Packages in your area
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At Homes 4 Sale by Owner Network you will find professionals dedicated to your success!
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