"How To Sell Your Own Home" - a FSBO Bootcamp, teaches Massachusetts consumers how to take control of the real estate transaction, saving thousands of dollars in real estate commissions. This is Part 1 of 3.
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
How To Sell Your Own Home - FSBO Bootcamp (PT 1)
1. How To Sell Your Own Home
Presented by:
Liz Provo, Mass Marketing Resources
Copyright 2012
2. About Today’s Workshop
About Liz Provo & Mass Marketing Resources
About our company, Massachusetts 4 Sale By
Owner
Workshop Overview (10 – 12:30)
Pt. 1: Preparing your home
5 min. Break
Pt. 2: Marketing your home
Pt. 3: Making the sale (legal)
Cell Phones
Drawing & Q & A Off Please!
Massachusetts 4 Sale By Owner – Copyright 2011
Presented by: Liz Provo
www.MA4salebyowner.com
3. Selling By Owner Works
Single Family Multi Family New Construction
Springfield Chicopee Easthampton
In all price ranges, any location, all kinds of property!
Massachusetts 4 Sale By Owner – Copyright 2011
Presented by: Liz Provo
www.MA4salebyowner.com
4. Part 1
Preparing your home for the market
Massachusetts 4 Sale By Owner – Copyright 2011
Presented by: Liz Provo
www.MA4salebyowner.com
5. Selling “by owner” is about Saving
Time, Money and Your Sanity
It’s Smart:
Save thousands of dollars
Be more competitive in a buyer’s market
Control the sales transaction
It’s Convenient:
Take on or off the market at will
Schedule showings at your convenience
It’s
It’s Less Stress:
Easy! Know who’s in your home; no lockbox
Kids and pets not displaced
Don’t have to be show-ready “just in case”
Massachusetts 4 Sale By Owner – Copyright 2011
Presented by: Liz Provo
www.MA4salebyowner.com
6. What About The Work?
With Agent Without Agent
Seller prepares home Seller prepares home
Agent & seller liable Seller liable
Agent prepares listings Seller prepares listings
Agent pays to advertising Seller pays to advertise
Agent handles Seller handles calls, showings,
calls, showings, negotiating negotiating
Agent prepares P&S Attorney prepares P&S
Massachusetts 4 Sale By Owner – Copyright 2011
Presented by: Liz Provo
www.MA4salebyowner.com
7. How Much Control Do You
Want To Maintain?
Duties & Cost Control
Full Full Owe, even if
Commission Marketing, for 5-6% 3- 6 mo.
m prep commission Commission contract
decide NOT
Agent Agent to sell
Discount Some
marketing &
3-4% Discount 3 – 6 mo. Same as
Agent form prep
commission
Agent contract above
By Owner You 1-3%
market, Lawye commission, By Owner Cancel
w/MLS 3, 6 or 12
r does forms or Zero anytime, you
w/MLS mo. contract
control
A la Carte 0 – 3%
Zero,
Negotiable
By
Advertise
Owner, no No contract
ANYWHERE
MLS
Massachusetts 4 Sale By Owner – Copyright 2011
Presented by: Liz Provo
www.MA4salebyowner.com
8. Worried That You Don’t Know
Enough?
Agents aren’t attorneys
MA agent license = 40 hours
of class time Agents aren’t appraiser
Average agent closes 12 Agents aren’t lenders
sides per year (NAR stat)
Realtors (members of NAR)
are one of the only
professions that require
ethics training
TAKE
CONTROL!
Massachusetts 4 Sale By Owner – Copyright 2011
Presented by: Liz Provo
www.MA4salebyowner.com
9. Assemble Your Team
YOU FSBO
Expert
Stager Appraiser
Inspector Attorney
Massachusetts 4 Sale By Owner – Copyright 2011
Presented by: Liz Provo
www.MA4salebyowner.com
10. Educate Yourself About The Market
What’s sold lately?
Deed transfers: Online (Reg. of Deeds), Print (Business
West, Sunday Repub, etc
Neighborhood activity: DOM (days on market), Sold,
Foreclosures
What’s on the market?
Realtor.com and MLS feeds
FSBO websites (more later)
Yard signs
Make the rounds
Visit open houses
Listen, read, watch
Massachusetts 4 Sale By Owner – Copyright 2011
Presented by: Liz Provo
www.MA4salebyowner.com