Relocation and How to Sell Your Home FSBO

Did you get that big job promotion in another cityshould be able to ask top dollar for it, if not then
or state? Ready for a change of scenery, ormake any necessary repairs or market the
unhappy with your current living arrangement?property as a 'fixer upper'. If you do market the
Relocating can sometimes be a stressful situation,home as a fixer upper then make sure to price it
especially if your family is involved. The bigto sell as a fixer upper (in general a fixer upper
question here is "How do you sell your FSBOmeans a deal to a buyer because they will get
home quickly and for top dollar?"the home for less even though there are several
Determining the correct sales price range for yourrepairs to be made). If you need a good idea of
home is imperative, but there are also manywhat repairs need to be made you can always
other things to factor in during a relocationhire a certified/insured property inspector.
situation. The first major factor is time. HowThe last major factor to consider is sales price
much time do you have to sell your property? Ifnegotiation. In many real estate markets it's very
you just received that dream job promotion incommon for buyers to offer you anywhere
another state, you may only have three monthsbetween 1 to 6 percent below your listing price.
or less to get the home sold and all your furnitureHow do you offset this? For example, let's say
moved out. In the real estate sales process this isyou had a CMA performed and the fair market
a fairly quick turnaround time! In situations such asvalue of your home is determined to be
these your best bet is to set the sales price of$200,000. It is recommended that you list the
your property lower than current price range youhome just a little above this number, around
received in the comparable market analysis$202,999 or $204,999. Doing so will offset buyer
(CMA). When dealing with potential buyer's price isoffers and counter offers! Not only will if offset
ultimately one of the most driving factors behindthe offers and counter offers but by listing the
their purchasing decision. Listing your home belowhome with $999 tacked on to the end it makes
market value will help it sell faster...and buyersthe buyers feel like they are still getting a deal
know the market because they dictate it!under that thousand dollar range. Again, this
The second major factor to consider is propertystrategy is dictated by the market so know the
condition. Is your property brand new or arecurrent real estate market in your area. If the
there updates that need to be made? Try tomarket is strong then you can probably list it high
make a decent comparison between your housebecause buyers know it will sell, if the market is
and others in the area that is currently for sale. Iflow put your best price up first as it will only save
your house is in much better condition then youyou time and money.