Monday, February 6, 2012

Selling By Owner – Week One Newsletter


Week One
You’ve hit the market! Anticipation is high and you aren’t sure what to expect. We’ve helped thousands of people sell their own homes, many of them had never done it before.

What To Expect

Your first week on the market usually gets some sort of repsonse, but not always the one you were expecting. If you haven’t yet estimated the number of buyers in your area and price range, we’ll go into that in more detail next week. For now, realize that your home will have the most activity in the first three weeks that it is on the market. After that, it tapers off considerably. If you aren’t getting calls from buyers in these first three weeks, and you’ve already established that there are buyers shopping your price range, the reason is almost always price. Keep that in the back of your mind as you evaluate your response over the next few weeks.

You may get calls from agents. Some of them will have buyers that want to see your home. Some of them are trying to get you to list with them. It can be hard to tell sometimes, but with practice, you’ll figure it out pretty quickly. If they have an actual buyer with them when they show up, that’s a good sign. If they arrive without a buyer to “preview” your home and end up suggesting that it would be faster/easier/smarter/safer if they handle the sale for you, then they are trying to list you. If you have a interesting experince with an agent (good or bad), make a mental note.  We’ll ask you to share it later on.

Best Regards,
By Owner University Staff

Resources

Signup For Access to Premium Content at By Owner University. http://www.byowneruniversity.com/enroll

Group Legal Membership – Get advice from attorneys and document reviews
http://www.getrealestatelegalhelp.com

Video: Use The Internet
To Sell Your Home Faster

FSBO VideoThis video shows you how to GET traffic from an online ad and also how to DRIVE traffic to your online ad with six proven resources. If you have signed up for By Owner University, you’ll have access to the full version here. The first half of the video is available for non-registered users here.

Have Contracts Ready
If your buyer isn’t working with an agent, they probably won’t know where to get the paperwork to make you an offer.  Avoid having your buyer pull an agent (plus their commission) into the deal by having blank documents ready for them. Find out where to get contracts here
Premium Content:
3 Things You Need To Know
There are three aspect of marketing that need to be considered when selling anything. Homes are no different.This course covers what these three critical areas are and how to use them to your advantage when selling your home. Avoid the common mistakes that other “By Owner” sellers make and understand what it takes to successfully attract a buyer.
Log into the Members area and find the course titled: Three Keys to Selling Your Home course in the “Foundation” section.
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