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Selling a Home by Owner

spazbam 605 212 March 5, 2014 at 08:59 AM in Home & Home Improvement
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I am going to be listing my home by owner and i was wondering if anyone had any tips, tricks, or sites that would be good to list on. I am trying to stick to the free sites because i am giving it a month before i try to sell with an agent. I know some people who had success solely on craigslist, but my life never seems to be so lucky. I have found the following sites that seem to offer free listings and get a decent amount of traffic:
craigslist
zillow.com
byowner.com
owners.com
sellmyhome.com
forsalebyowner.com


Are there any others you guys can think of that i might be missing?
Thanks!

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#2
Yes, you are missing a MLS listing. If you are not on the MLS, it will be rather difficult to sell the house (in most cases). I have used mysecretagent once and my step-dad has used them twice. Pay $500 to get a MLS listing, lockbox, sign, etc. Money well spent in my opinion.

Also, make sure to list the commission for buyer's agents. If you don't offer anything, you might miss out on a ton of potential clients as their agents won't show them the house.
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#3
Quote from tennis8363 View Post :
Yes, you are missing a MLS listing. If you are not on the MLS, it will be rather difficult to sell the house (in most cases). I have used mysecretagent once and my step-dad has used them twice. Pay $500 to get a MLS listing, lockbox, sign, etc. Money well spent in my opinion.

Also, make sure to list the commission for buyer's agents. If you don't offer anything, you might miss out on a ton of potential clients as their agents won't show them the house.

That looks tailored to WA and OR, but i will definitely look into something in my area (Syracuse, NY)
thank you!
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#4
Quote from spazbam View Post :
That looks tailored to WA and OR, but i will definitely look into something in my area (Syracuse, NY)
thank you!
Ok, didn't know it was region specific, but yes, it was in Washington when we used it.
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#5
Definitely get listed on the MLS. This is 1 company that handles it nationally, but there are others, and you may have a local one: http://www.mlsmyhome.com/
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#6
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#7
Good luck neighbor across the street has a sale by owner but noone has taken a look at it 3 houses already sold in the same neighborhood by agent.
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#8
Dude. No one give's a flying rat's ass about what you links you can google and copy and paste. Stop doing it.

As for the FSBO, I'm not entirely sure if the benefits outweigh the additional time it'll likely take to sell, but I wish you luck.
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#9
We sold our last two houses mostly on our own. We got listed in the MLS using a service of some sort (in the 2nd case, I think it involved a local realtor who was offering a flat-fee service). In both cases we offered commission to the buying agent, and as others said, that's important if you want a realtor to bother showing the house to their clients. I got the sense that realtors still tried to avoid us, but once you're in the MLS and Realtor.com their clients will find you.

Other tips include starting up your own website where you can put a lot more details, photos, etc. Also, take ownership of your house on Zillow and get photos, details, there as well.

One other thing we offered was a home warranty. I forget the service we used or price we paid, and I have a feeling that it wasn't of any real value, but it seemed like a good marketing tactic to be able to advertise that.

Lastly, you're a selling agent now, so take the job seriously. Make sure you've got a lock box (for buying agents), the house is kept clean, you run some open houses, and you price it right and don't let your emotions keep you from making a deal that makes sense.

I will say that on our last transaction we took advantage of the buying agent we were using to buy our next home who gave us some free advice/reviews of contracts/offers that came in to us (in this case we were leaving PA and moving back to CT and she was located in CT, so she couldn't have been our selling agent anyway - if you're selling/buying in the same state, your buying agent would be less inclined to give you any free advice/help).
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Last edited by hipnetic March 7, 2014 at 05:40 AM
#10
This is who I am going to use this time around. Emailed and they got back to me in 10 minutes

http://mlssupport.com/

Good luck...First time was with East West based in MA. I sold at 2% then...Use the forms and if you are going to buy find a buyers agent you like, they will bitch and moan about u not using them but they are getting something when you buy...
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#11
This all really great advice and most appreciated. I ended up finding a listing service that will provide me with an MLS for one month for $95. If i don't get any bites i will have to move to listing with an Agent. I do see that Agents seem to shy from me even though i am offering a 2% commission rate. One flat out told me no one is going to work for me because that would be peanuts to them after they split with the Broker. I think i have done a great job staging the house and the one Agent who actually brought a client said it showed beautifully with no negatives attached as they usually offer. A lot of them act as if their prices are non negotiable even though i know they should be. I am not a big fan of real estate Agents since i grew up moving around a lot. I saw the tactics that they use and a little influence from my parents pretty much puts them in my least trustworthy occupations!
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#12
Quote from MrTvguy View Post :
This is who I am going to use this time around. Emailed and they got back to me in 10 minutes

http://mlssupport.com/

Good luck...First time was with East West based in MA. I sold at 2% then...Use the forms and if you are going to buy find a buyers agent you like, they will bitch and moan about u not using them but they are getting something when you buy...
Did you try these guys? My Mom and brother are selling Mom's house in NC and want to do it themselves. Although I have a license in SC I told them I'd help them find a flat fee service and set it up.
I just paid $179 to MLSsupport.com and got no link, email or anything letting me know how to proceed. Called their 800 # and got a message that the mailbox (for a different #) was full.
I'm about to call PayPal and see if I can dispute the charge (paid via credit card option). I can't tell if it's a scam or there's just something not working right in their system...
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#13
I was going to use them. Haven't listed yet.....Let us know what happens...
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#14
Read under How does it work:
Order one of our MLS Listing Packages (e.g. Package #1)
MLSSupport.com will have a local agent in its broker network who will contact you directly or by email and provide you with the necessary paperwork. There are two forms that your assigned realtor will email or fax you. It is the MLS input form and the Listing agreement.

Did anyone contact you?
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#15
I just sent you a PM but I'll post here too for public interest:

I called them both before and after 8 but they eventually did get back to me and can't explain why I got that message. It all seems legit but the weirdest thing is that they called me back and left a msg and the number on my caller ID was 214-414-1037. I looked it up and it's associated with credit card scammers. I have no explanation for that. When I tried to call that # it said it was no longer in service.

Meanwhile I am now halfway through the process of filling out all of the listing forms and finding out all the local mls restrictions and a few extra fees but it still looks like it'll be ok.
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