Paul Cooke - SELLING AN INHERITED HOUSE

FOR SALE BY OWNER

There is a reason that one of the best sources for “pulling leads” for real estate agents and brokers is FSBO (For Sale by Owner) listings. After a home seller has attempted the enormous and complicated task of selling a home, they are fertile ground for hiring a real estate agent.

The most unreliable and riskiest house-selling on this short list is For Sale by Owner, meaning that you sell your inherited property by yourself without the help of a real estate agents, lawyers, or other professionals. This means that you won’t be hiring a licensed real estate agent, which, in most cases, proves to be a mistake. People want to save money on commission and fees, so they take this step into the unknown. Such an action is tantamount to representing yourself in court on a complex business case. Professionals in a field exist for a reason and a purpose. If they were useless, people would stop hiring them. However, if you decide to sell yourself, there are certain preparations that need to be made. First, try to focus on web marketing. The best way to attract as many potential buyers as possible is through the Internet and social media. You will have to appeal to a great number of people to get as many offers as possible. The more buyers who see your home, the more offers you tend to receive (everything being equal). You should also repair everything in your home and put everything in order so that the online photos attract potential customers.

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