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Determine Listing Price -- Locate several
homes in your neighborhood that have recently sold that have similar
features and square footage as your home and check their selling
price at - Domania.com. Use
this information to get an idea of the market in your area for comparable
homes and decide on a price that fits you.
- Assemble property records -- You will need to gather your
closing statement from purchase, CCR (Covenants, Conditions and Restrictions)
documents, Deed to the property, Inspection Reports, Title Insurance
Policy records, Fire & Homeowners Insurance documents, Mortgage
papers/records & Maintenance Records.
- Select Consulting Agents that will help you at the close
of the sale of your home. The Agents that you might want to consider
include, but are not limited to: accountants, attorneys, closing agents/escrow
holders, home inspectors, lendors, title insurance companies and sometimes
even real estate professionals.
- Make necessary repairs to your property and home improvements
that would would help to encourage the sale of your home.
- ADVERTISE! This is where we come in! Get your home listed
with AlabamaFSBO.com for the most cost-effective approach to marketing
your home online to out of towners as well as locals. Take out a classified
ad in your local paper with your listing number and our web address
to refer people to your virtual home tour. Get flyers printed to put
in an "info" box in your front yard, to place on bulletin
boards around town, to distribute to potential buyers that tour your
home. *Be sure to add your listing number and our site address to
your flyers so that buyers will access your virtual tour online.
- Prepare for contract negotiations. Re-evaluate your goals
before you begin negotiations with prospective buyers. Know the minimum
price that you will accept. Decide on the types of terms on which
you will agree.
- Acceptance of offers and closing -- work with legal assistants
and escrow officers.
- Close the deal.
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