| Whenever you sell your home sans a real estate | | | | The best way to price your home is to find out |
| agent, the process is known by the real estate | | | | the selling prices of similar homes in your area |
| industry as a for sale by owner, FSBO. Several | | | | that have recently been sold. These homes are |
| reasons exist for a homeowner to sell their home | | | | the best indicator of the market value of your |
| on their own. For one, the homeowner can avoid | | | | home. If homeowners are purchasing similar |
| paying commission to the real estate agent. In | | | | homes in your area at a certain price, you can |
| some cases, the extra few thousand dollars | | | | safely assume that your home will sell for a |
| tacked onto the price can be the difference | | | | comparable price. |
| between a home that sells and a home that sits | | | | Advertising your home is the next step after you |
| on the market for months at a time. | | | | have determined the selling price. Advertising |
| Idaho homeowners that choose to sell their | | | | through a FBSO website is a convenient and |
| homes using the FBSO method should familiarize | | | | effective way to market your home. Using a |
| themselves with the process before putting their | | | | website increases your home's exposure greater |
| home on the market. Homeowners should also be | | | | than traditional methods such as local newspapers |
| aware that the process will require knowledge of | | | | and real estate magazines. That is not to say that |
| the market as well as dedication and persistence | | | | you should forgo these traditional methods. |
| in selling the home. | | | | Rather, you should employ all the methods at |
| The first step necessary to sell real estate in | | | | your disposal to improve the odds of selling your |
| Idaho is determining the value of the home. | | | | home. |
| Knowing the value is necessary to determine the | | | | You will start receiving inquiries about your Idaho |
| selling price of the home. Many homeowners do | | | | home soon after you have begun your marketing |
| not pay enough attention to this step. Instead, | | | | efforts. Once you start receiving inquiries from |
| they set their home price as a somewhat | | | | prospective buyers you should be prepared to |
| arbitrary number based on the price at which the | | | | allow the buyers to view your home. It is best to |
| home was purchases and an assumption that the | | | | prepare your house for viewing before you put it |
| home appreciated since its initial purchase. Since | | | | on the market. Since you never know when you |
| your home is not guaranteed to appreciate, this | | | | are going to get the call for your first showing, it |
| assumption may not be correct. More importantly, | | | | is better to be prepared than to lose a sell |
| appreciation does not dictate the price of a home, | | | | because you were not. |
| the real estate market does. | | | | |