When selling your home as is, make sure that you’ve done your research as to how FSBO works. If done wrongly chances are you will lose two important things: time and money. So to avoid this, let me enumerate briefly the things that you should not do when selling your home as-is:
No knowledge of the Selling Process
As mentioned earlier, the key to good selling is having enough knowledge of the selling process. If you are still hesitant of selling or having enough knowledge in selling your home as is; you might want to hold for a moment before jumping into putting your property on the market. Chances are, you will not be prepared for the selling process. As a result, your prospective buyer will lose their confidence in you as a seller. Therefore, gather all the information you need when you’ve decided to sell your home as-is.
Not being market-ready
Even if your home is for sale as is, make sure that it is market-ready. No need to do a repaint job or upgrade your system—as again your property is for sale as is. For all we know, all you need to do is clean and de-clutter your house. A clean house is always inviting regardless of its current state. Lastly, remove personal things, so that prospective buyer will have the feeling that the house is ready to be sold.
Wrongly Priced Home
The house’s price could be dependent on the market value of the houses sold within the neighborhood. Make sure that you tag your house accordingly. Keep in mind that buyers will not bother wasting their time in your overpriced home. If you want to sell your house the fastest—then make sure you’re the price is according to its market value not on how much net you would like or need to earn. You may want to read this previous blog as this will help you to Sell Your House Fast, and Sell it Right.
How many earnings do you want to get? Do you really think that by giving your house new landscaping will make your home sell quickly? Remember that you are selling your home as is—so don’t even bother on improving your home. Maybe all you need to do are to pull the weeds and change light bulbs. You don’t need to spend hundreds or thousands of dollars on home improvement as the return might not be that big—especially if your house is considered new (built within 10 years). Let me reiterate that you are selling your home as-is. Therefore, at this point, I expect that you shouldn’t even be thinking of house improving as this could just be a loss of time and money at your end.
If you keep in mind not to do all the things mentioned above, then you will most likely be ready to sell your home as-is.