RISMEDIA, April 25, 2008-As the U.S. median home price continues to drop, ForSaleByOwner.com offers many tools that homeowners can use to market and sell their home in today’s tough real estate market. ForSaleByOwner.com offers these “Top Tips” to help people get started on how to sell their home:
1. Use the Internet to Market the Home: More than 84% of buyers use the Internet to search for a home. Online property listings should boast multiple high quality, digital photographs of their home’s interior and exterior. Homes with multiple photographs receive more attention from buyers. The online listing should be combined with a yard sign to attract people driving by the home.2. Price the Home Accurately: The market in 2008 is very different from a few years ago when bidding wars drove up home prices. In today’s market, home sellers need to become more educated about their local real estate market so that they can effectively price their house. Sellers should also research their neighborhood to compare the listing prices of similar houses and use that information to competitively price their home.
3. Utilizing the MLS: The Multiple Listing Service, or MLS, is a complete inventory of homes on the market.
4. Don’t Be Afraid of the Paperwork: Whether a seller uses an agent or goes “for sale by owner,” outside help is needed to navigate through the legal process of transferring the title. A real estate attorney or title company will prepare and handle all of the legal paperwork for sellers.
For more information, visit http://www.forsalebyowner.com.