I want to do it for Sale by Owner. What are the best Methods of selling my condo by myself?

I would recomend a realtor so many legal issues come up and they can help you sort it all out.I want to do it for Sale by Owner. What are the best Methods of selling my condo by myself?
Align with some mortgage brokers or others who sell properties--they can provide leads to you. I did this and got 3 leads and it looks like it will sell. Also , get a flyer box in the yard with quality pictures of the home.I want to do it for Sale by Owner. What are the best Methods of selling my condo by myself?
There are none. According to NAR, you have less than 10% of selling your home on your own. Don't waste your time and money.
because of the many legal issues, I would never do it totally by myself. I heard ';Help you sell'; is good because they will ';help you.';
Kirk,


what country you in?


what state you in?


what city you in?


all are part of the answer.


in US some parts, have 'ForSaleByOwner' associations which can guide you through the legal processes so you don't shaft your self.


a Realtor may be what you need if you don't have the education, time, hassle ability, or willingness to work with people.


if you make more than 75K a yr suggest Realtor , less than 75K consider ';FSBO';
Anyone with common sense can sell a home or condo, so take your time.





There are several For Sale By Owner (FSBO) web sites that you can look up in selling your home yourself.





The main thing about selling your home is the maximum exposure through advertisement. This can be done several ways





#1 Advertise in your local newspaper (to include any open houses you schedule)





#2 Flyers on some part of the property or house that is easily accessible to the public and that they can see from the curb





This flyer should give the sale price, have a picture of the property # of bed and bathrooms, perhaps a few inside shots of the house and it should be in color.





#3 Open house to show the property to potential buyers.





#4 Advertise on the free websites on the internet.





Even though you plan to sell the property yourself you might consider interviewing three real estate agents, tell them the truth you are considering selling the home yourself but you wanted to interview a couple of agents to get their ideas. During the interview they should give you some idea as to the sale price of like properties in your neighborhood.





Clean up the property so it will have good curb appeal. When you drive up to the house ask yourself ';Would I purchase this house?'; Take care of any possible problems that you know are there but you simply over looked them. Paint inside and outside, cost about $3K increase value about 10K. New carpet might also be in order if it is more than 5 years old.





Take away any clutter that might also be there, that lived in look you have might turn some buyers off. So clean up





Now you should also call a mortgage broker to see if he would be interested in assisting you with open houses. Tell him for his expertise you are willing to give him a list of those individuals that looked at your home, but were not pre-approved. You would also want this individual to be there for your open houses so set up a schedule that he is able to attend.





This individual should also assist you in finding an escrow closing agent, an appraiser as well as a title company to assist you in your sale.





Now once you have found a person to purchase your property, draw up a sales contract with the assistance of the mortgage broker. He will get an appraiser to verify the value. He should assist you in opening an escrow closing agent.





If the buyer is not pre-approved your mortgage broker will get the buyer approved and handle the paper work. If he is pre-approved his mortgage person will take care of the rest of the paper work.


Either way the mortgage broker whom ever he might be will take care of the majority of the rest of the transaction.





Don't fall for the real estate agents that will come by and ask if they find a buyer would you give them a commission. Tell them if they find someone their buyer should pay them. The reason for this exercise is for you to put the maximum amount of your equity in your pocket as you possible can and not into a real estate agent's pocket. Keep your eye on the mission.





Now about paying off your mortgage, the escrow closing agent will send a letter to your present mortgage company and request a demand of payment indicating how much you currently owe on your mortgage. Your mortgage company will send them a reply with the amount you owe. This will be done on any mortgage you owe if you owe more than one.





The escrow closing agent will pay off any demands they receive. Anything left after all payoffs a check will be written to you the seller.





I hope this has been of some use to you, good luck.





';FIGHT ON';
spend the 6 or 7 percent on the Realtor.....they have high profile


exposure, e.g. MLS etc.they know comparables in the area.


well you get my drift.....





takes less time and less money in the long run to use a broker.