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