You’ve made the decision to sell on your own. Smart move, in our view. Now, what’s the best pathway from your computer “front door” to seller nirvana? No surprise here, but there’s no other resource out there like ForSaleByOwner.
Our tools, articles, how-to guides, photo and video resources and interactive checklists will give you the insight you need to create a realistic selling timeline. We’re not here to tell you it’s going to be easy. There’s a lot of work involved, but when you put in the work you get the reward, not an agent.
Here’s a fact you should know: Our sellers realize higher sale prices, on average, than sellers who use agents (and of course they keep way more of the proceeds). According to NAR data, the median sale price of agent-assisted home sales in 2013 was $230,000, while ForSaleByOwner’s average sale price was nearly $20,000 more. Imagine what you could do with all that extra money in your pocket.
Sellers typically pay agent commission fees that can reach up to 6 percent of their final sale price. If you sell a $300,000 home by owner, you could save $18,000 on agent commission fees. Online listing services give “by owner” sellers access to the same tools agents use, including the Multiple Listing Service, while saving them thousands of dollars compared to hiring a seller’s agent. Beyond that, NAR reports that only 15 percent of “by owner” sellers said they used incentives to attract buyers versus 36 percent of agent-assisted transactions. Trust us, your bank account will thank you.
And don’t just take our word for it. Review some of our many success stories for real information from real people who’ve sold real homes through ForSaleByOwner. A few examples:
Donna Smith, who sold a suburban Newport News, VA, home for $282,000 using ForSaleByOwner.com, noted: “The listing on the Internet also produced a lot of ‘hits’ from people looking to buy a house. The buyers that ask for a tour are more serious than ones led by a real estate salesperson.”
Sarah Newman, who sold a suburban Crofton, MD, home for 100 percent of the $499,000 asking price through ForSaleByOwner.com, commented: “This was a great place to go and learn about how to sell your home without a realtor and save money! Everything was there to get you through the process; and yes, this was the first time I’ve sold my house by myself.”
Azad Yepremian sold a house in Westchester, PA, for $260,000: “We listed it with little expectation of it selling quickly and were thrilled when we received an offer within five days of listing!”
Some ForSaleByOwner.com clients even said using a realtor in the past complicated and dragged out the process, making it more difficult to schedule open houses, eliminating direct communication with the seller and complicating the negotiation process.
Best yet: You’ll be the one receiving the big check at the closing table.
As one client wrote in an exit survey for ForSaleByOwner.com: “I was able to list my home and deal with potential buyers without dealing with a real estate agent. Made everything go a lot smoother.”
So what are you waiting for? Let’s get started.