Selling Your Luxury Home for the Right Price by Yourself!
Selling a house is a daunting task. Contacting real estate agents, fixing a price, paying sales commissions to the agents … selling your house can turn out to be a costly affair. This cost only multiplies when the house in question is a luxury home.
FSBO or for sale by owner is your answer if you want to avoid spending extra money in commissions and whatnot. FSBO means that you sell your luxury home by yourself, without the help of a real estate agent or a broker. This means that you will be saving money on the broker’s commission and al so gives you the upper hand while selling your home. FSBO though a lifesaver for you to sell your luxury home without the hassles of a real estate agent or a broker entering the scene.
Pricing is a key component in FSBO. You need to do an analysis of the current real estate market scenario, take into consideration current market trends before putting up your house on sale. Prospective buyers will obviously need competitive prices so fixing a price that is lower than the competition; say at least 2% less will give you a huge advantage. Also since no real estate agents have a role in this, it is highly beneficial for you to list your house in a flat-fee MLS (multiple listing services) to give you a boost.
Listing your home, on a flat –fee MLS means that your home will be visible to potential buyers as soon as you register your home after paying a nominal fee. Listing your home gives you the opportunity to save almost 6-7% in sales commission that you normally would have had to pay the agent and the sales broker if you were to sell your house through them. Another great advantage is that your home will not be viewed by local prospective buyers but also national buyers and real estate agents. Registering and listing your home in a MLS is also a very simple affair. Also you can also search the MLS to find about houses on sale, put up by other like-minded home owners.
To make sure that you get the best price for your home, there are a few important things that can be done to ensure that your luxury home gets the right price. They are -
- Move any piece of furniture from your home. Less furniture would give prospective buyers the exact idea of how spacious your home can be
- Make sure your home is kept clean; this creates a very positive impression on the buyers.
These are a just a few steps you can do. Decorate and arrange your house just the way you would like to it to be if you were the buyer. This can be instrumental in helping to clinch the right deal for your luxury home.
FSBO is a perfect way to the find the perfect buyer for your luxury home, without involving a real estate agent or a sales broker. FSBO is a great way to sell your home at the right price while saving a fair amount of money at the same time.