Tips For Selling Your Own House

veryone is willing to use a real estate agent, sinceStart low, get a lot of attention and let the
they do take a commission, usually around 7%.buyers drive the price up. I am talking about a
That means, by selling your own home, you`ll enddo-it-yourself auction style sale.
up with upwards of $10,000 that would haveWhat is working best now is what’s called
gone to an agent. And given today’s slowa “round robin auction”. Here is
market there is a very real chance your home willhow it works:
sit unsold for a year or more.First you will advertise that your home is for
Today, more than ever selling your own houseauction. In these tough times buyers are looking
can not only be more profitable, but it is yourto get a good deal. Auctions are the place to get
best chance at getting it sold quickly.great deals, and your message will leap out at
In this article, I am going to show you how to gothem.
from “selling your own house” toNext you will hold an open house for two days
“I SOLD my own house”.only, Saturday and Sunday from 12 noon to 5
In a hot market selling may have been as easypm. This will allow you to funnel all the buyers
as putting a “for sale by owner”through your doors all at once.
sign in front of the house and collecting offers.Those that are interested in the property will
But let’s face it, times are tough andplace their name and phone number along with
most houses are sitting unsold for months andthe price they would like to bid on an
years.“initial bidding sheet”.
It’s a war zone out there. ForeclosuresOn Sunday night you call all those people that put
are at an all time high and that creates a lot ofin a bid and conduct the auction. You will simply
houses for sale on the market. In order tocall down the list tell them the current bid amount
survive in a war zone you need special skills and aand ask them if they would like to raise or pass.
competitive advantage. With this special trainingYou will go around and around making calls until
you can get your house SOLD, despite the doomthe highest and best offer has presented itself,
and gloom of the newspaper headlines.hence the name “round robin
If you’re selling your own house you needauction”.
a secret weapon. And that weapon is highlyNow that you have found your buyer you will
specialized marketing!meet with them and get the paperwork started.
Here is a killer marketing tip that will give you aThat’s the unique marketing method that
competitive advantage over all other sellers onis working now. And if you are planning on selling
your block.your own house there is no better method to
Don’t list your home in a traditionalattract droves of buyers and compel them to
method. Instead of “starting high”make offers on your house.
and being talked down do the EXACT OPPOSITE.