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5 Mistakes to Avoid During a For Sale By Owner

Selling a home without an agent can be challenging, but also extremely rewarding. From finding the right buyer to handling negotiations, some of the things you will have to handle on your own can be overwhelming. Visit https://www.propertynow.com.au/ for more details.

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5 Mistakes to Avoid During a For Sale By Owner

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  1. 5 Mistakes to Avoid During a For Sale By Owner Selling a home without an agent can be challenging, but also extremely rewarding. From finding the right buyer to handling negotiations, some of the things you will have to handle on your own can be overwhelming. If this is the first time you’re planning for sale by owner,here are a few mistakes you should avoid: 1.Not seeking help: While you don’t have to hire a real estate agent to sell your own home, it is important to seek help from a professional to help you with the listing and marketing. For example, PropertyNow is an Australian website that offers to list homes on agent-only websites like realestate.com.au and domain.com.au for a flat fee. Rather than paying thousands of dollars for commission, it makes sense to pay just a few hundred dollars for some professional advice. Companies like PropertyNow also help with marketing, i.e., for a flat fee you can hire them to promote your listing on social media. They’ll also help you with signage and even handle negotiations. 2.Not pricing the home correctly: Pricing is part research and part experience. You can collect details of comparable sales to justify your asking price. Look for how much homes with similar square footage have sold for. Not pricing your home correctly can be your biggest mistake, especially during the first few weeks because this is when buyer interest is at its peak. 3.Not preparing the house for sale: You aren’t just selling walls and a roof; it’s a lifestyle and a dream that you trying to sell. You’re unlikely to get the best price for your house if it is not upkept and looking it’s best. Before you begin the sale, speak to friends for an unbiased opinion about what they think about the house. You don’t have to waste money on major repairs or renovations, but simple repairs like replacing fixtures, applying a fresh coat of paint, and improving curb appeal can make a huge difference. 4.Not maximising exposure: A yard sign is good, but not enough to get the word around about the sale. You need to get your home in front of thousands of potential buyers. List your home on websites like realestate.com.au and domain.com.au, post an ad on social media sites, print flyers and place a classified ad in newspapers. 5.Not following through: A lot of things can go wrong between acceptances and closing. If you’ve found the right buyer but do not know how to proceed, or how to handle legal matters, we suggest you speak to professionals specializing in agent-assisted sales.

  2. Have you made any of the above mistakes? Share your story with us! For more details, Visit https://www.propertynow.com.au/ Resource Box: The Author manages PropertyNow, a website specialising in agent-assisted sales. He helps people interested in listing the property for sale by owner.

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