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Selling a house- for sale by owner

Posted on 12/2/12 at 10:42 pm
Posted by lesmiles13
Member since Aug 2008
811 posts
Posted on 12/2/12 at 10:42 pm
Never sold a house much less tried for sale by owner

How does this work? I put s sign out front, wait for buyers, get some type of a lawyer? Let the title company handle it?

Sorry for the "dumb" questions....any information would be great
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8490 posts
Posted on 12/3/12 at 6:45 am to
-Use a FSBO website to help market your house.
-Price it just a little lower than the houses listed by realtors in your neighborhood since it doesn't't have the 6% commission attached to it.
-Be ready to say "No" or "Let me think about it" to 100 different realtors calling/e-mailing/stopping by during the open house.

Good luck!
Posted by MikeBRLA
Baton Rouge
Member since Jun 2005
16448 posts
Posted on 12/3/12 at 7:27 am to
I've done it and walked away with more cash in my pocket than my neighbors who sold with agents bc I didn't have to pay the 6% realtor commission.

As the other poster said, I'd go with a FSBO website since you get a lot of bang for your buck. They will also set you up with the standard purchase agreements for yor area. No need to get an attorney unless something goes wrong usually.

Unclutter everything (especially closets) and remove all personal pictures from the house before you show it. Also make sure it's spotless
Posted by guttata
prairieville
Member since Feb 2006
22504 posts
Posted on 12/3/12 at 8:08 am to
The only 2 homes I've owned, I've sold FSBO. I just took what the realtors were asking in the neighborhood and asked about 5% less. I got a standard purchase agreement off the fsbobr website and sold it. Not very difficult at all
Posted by Belaire Buck
Not in Bama
Member since Nov 2011
107 posts
Posted on 12/3/12 at 10:25 am to
As others have stated use this or others like it. I just sold off of this site about 2 months ago. Did nothing. Had a purchase agreement from when we had purchased the house and modified it to fit our needs. The buyers did all of the work on their end. We just showed up to sign and pick up our check. Good Luck!
Posted by lsu tigerdog
Baton Rouge
Member since Nov 2007
247 posts
Posted on 12/3/12 at 11:19 am to
we've been working with fsbobr.com for the last 8.5 yrs, agents are great but no way could i pay their commission cost too on the sale of my home.
call me if you have any questions,225.291.7901 x 224.
if you live outside of baton rouge, you have some advantages for your buyers, like the 100% rural development program.
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