FSBO Tips
At MyCalgaryListing.com we provide our customers with FSBO tips that make the difference when selling your home. Using these tips and tactics, you can sell your home without hiring a real estate agent and save thousands of dollars in commission fees. Here is a list of some of the most common FSBO tips that we offer to our customers:
- Research your market. Most properties that don't sell suffer because of price point more than anything else. Knowing your market helps set your expectations properly and helps you identify competition in your category.
- Get advice from professionals. Even though you will research property inventory and market pricing, there are a lot of other tactics that you won't find as easy to research. Staging and legal are two good examples. Remember, you are trying to do the job of your real estate agent, not your lawyer!
- Marketing and advertising. The only way to sell anything is to let the world know that you are looking for buyers. You need to put your product in front of potential buyers, so go where they are. Once you've found them, you need to sell it. On MyCalgaryListing.com, you need to make sure you included your best photos and write a description that gets buyers wanting more!
- Stage Your Home to Sell. Identify the types of buyers shopping for property in your area in the same price range, then design and decorate to appeal to them. Remember, you are no longer trying to appeal to your own tastes, so be willing to modify your home to suit your target audience.
- The Timing of the Sale. Most markets go through regular cycles where real estate sales fluctuate. In Calgary, we expect an annual increase each Spring that will cause listings inventory to decrease and spur an increase in property values. Other external factors such as global events, economic crisis and employment opportunities may also have an impact on real estate markets. Knowing these cycles and considering the timing of your listing will have a real impact on your ability to see your property.
Contact MyCalgaryListing.com for more FSBO tips. We'd love to hear from you!
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