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May 07, 2015

    For Sale by Owner: What's My Next Step?

    for_sale_by_owner_family.pnghome-with-sold-sign3Selling your home? Interested in selling it yourself, but not sure where to begin?

    The customer service team at MilitaryByOwner Advertising is wonderfully adept at handling questions regarding the "For Sale by Owner" process. Today, let's look at some common questions that you may also have!

    Why should I sell my home with a For Sale by Owner (FSBO)?

    By doing a FSBO, you’ll save the cost of a commission normally paid to a real estate agent and have complete control over the sale of your home. 

    How do I decide on a listing price?

    To set your price, pay attention to comparable listings and sales in your area, original list prices vs. final sale prices, whether it’s a buyer’s or seller’s market, square footage, and even homes that aren’t selling.

    Do I need to hire an attorney for my FSBO?

    While a title company can handle most aspects of closing on a home, check the legal requirements in your state, as six states require the presence of an attorney at closing and several others require an attorney to be involved in some aspect of the sale.

    You may opt to use an attorney even if not required by law, though you’ll want to be sure to find one specializing in real estate.

    Why should I use MilitaryByOwner for help with my FSBO?

    MilitaryByOwner can help you with each step of your FSBO, including listing your home, signs for your yard, online marketing, and help with closing documents and legal forms.

    We’ve been serving the military community for over 10 years and understand the market, because we ARE the market! Check out our handy tutorial for using MilitaryByOwner's new reponsive site.

    Do I have to be in the military to utilize your site? 

    Not at all! While our site was set up to assist military families relocating, if you live near an installation, you're free to place an ad or peruse listings.

    I’m interested in setting up my own FSBO with help from MBO, but I’d like to talk to someone first without obligation.

    No problem! You can reach us by phone, email, and live chat! Our office hours are Monday through Friday, 9 am-7 pm EST. Our toll-free number: 1-866-604-9126.

    I’m a real estate agent. Can I list a home with you?

    Yes! As long as the home you’re listing is near a military installation. There’s a spot on our forms to indicate that you’re an agent.

    Where can I find legal forms and documents?

    You can find state specific legal forms at USLegalForms.com, Inc. They have both Sale and Lease packages that have been reviewed to ensure that each document complies with the laws of your state.

    I’d like to list my home for sale or rent with MBO. What sort of advertising packages do you offer?

    Check out our advertising package details and prices.

    Although a FSBO may appear to be intimidating, MilitaryByOwner is an exceptional resource for researching your best home-selling options.

    Our free guide, the ebook For Sale By Owner: Is It an Option for You? in addition to our website filled with home-selling tools and advice, demystifies the FSBO process and strengthens your confidence to manage the sale process yourself.

    Click below to download your free ebook today!

    Download your free FSBO ebook!

    Jen McDonald

    Author

    Jen McDonald

    Jen McDonald is the Content Editor for MilitaryByOwner Advertising and an award-winning author, podcaster, and longtime cheerleader for military spouses. Over 30+ years of military life, she raised four kids, supported her husband’s Air Force career, kept a freelance writing career afloat, tracked which state her driver’s license belonged to, and perfected the art of unpacking a house in under three days while pretending she meant to put the coffee mugs in that cupboard. Jen is the author of You Are Not Alone: Encouragement for the Heart of a Military Spouse and Milspouse Matters: Sharing Strength Through Our Stories, books offering encouragement and “been there” wisdom for military families. Her writing has earned numerous awards, including a Gold Medal from the Military Writers Society of America and a Silver Award from Foreword INDIES, proof that scribbling notes on the back of grocery receipts can pay off. She also hosts the Milspouse Matters podcast, sharing stories and encouragement with military families worldwide. Now happily planted in Texas (and hoping to avoid moving trucks for the foreseeable future), Jen is working on her debut cozy mystery novel and reveling in grandparenting, which comes with all the snuggles and none of the 2 a.m. feedings. Connect with Jen at her site, Jen McDonald and Facebook, Instagram, and Pinterest.