The Sale Cycle -
Real Estate for Sale by Owner

Now that you have done your research and have a good understanding of the current real estate market and how your home is placed in that market, it's down to the ACTION stage of your 'real estate for sale by owner' plan.

As in anything in life, the ACTION is the hard part and this is where you need a deal of organisation, efficiency, lots of patience and understanding, and most of all...persistence and determination.

It's the stage where you to really need to listen, be observant and use all the communicating and negotiating skills you've learnt thus far. Just take your time...don't be rushed and keep a cool head!

Let's start with organisation and efficiency, and here's some places to start:

1. Real Estate Sale Documentation
2. Open homes & inspections
3. Handling Real Estate Agents
4. Dealing with Obstacles
5. Negotiating the Sale & Real Estate Contracts

Click on the above topics to get a brief explanation of what you will learn in detail.

Real Estate Sale Documentation

Here are some 'real estate for sale by owner' tips for you, including what paperwork you need to be ready, where to source the contract documents and more.

More detailed info on Real Estate Sale Documentation...

Open Homes & Inspections

Also called Open Houses, learn how to conduct an 'open home' to get the best results. You'll think differently about the importance of open homes after reading through this section of your 'real estate for sale by owner' journey.

More detailed info on conducting an Open House...

Handling Real Estate Agents

Think you don't have to deal with real estate agents just because you're selling privately? Think again...

Here we reveal the tricks and tactics agents use to wear you down, and how to successfully beat them at their own game (in an intelligent way of course).

The 'Real Estate for Sale by Owner' method can be so rewarding when you realise you have all the skills you need!

More detailed info on How to Deal with Real Estate Agents...

Dealing with Obstacles

Yes...there is yucky stuff you have to deal with when you decide to take the 'real estate for sale by owner' journey. It may not all be a bed of roses.

However, if you are pre-prepared, i.e. are aware of possible hiccups which may happen, and have ways of dealing with them, you're private home sale journey will be much smoother. Here we give you a bit of a heads start and a sprinkle of FSBO encouragement.

More detailed info on handling obstacles, e.g. what to do if and when a real estate contract falls through, plus more...

Negotating the Sale & Real Estate Contract

Some say this is the hardest part of the 'real estate for sale by owner' journey. My experience has been... only if you expect it to be.

If you've taken on board all the other preparatory information up to here, you're going to have a pretty good grasp of the situation. In this section of your FSBO Action Plan, you will learn the most important aspects of real estate negotiating, and what buyer signals to look out for in the real estate contract process.

More detailed info on Real Estate Negotiating...

Well, I hope you get a bit of an idea as to what you need to become a 'real estate for sale by owner' or private home seller. It's really not as complicated as you think. Just a little more specific knowledge and a helping hand is all you need to get started.

I'm confident after completing this section you'll feel much better about your decison to try real estate private sales and become a 'real estate for sale by owner' advocate. Best wishes for a successful private sale!

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