| Whenever you sell your home sans a real | | | | |
| estate agent, the process is known by the | | | | The best way to price your home is to find |
| real estate industry as a for sale by owner, | | | | out the selling prices of similar homes in |
| FSBO. Several reasons exist for a homeowner | | | | your area that have recently been sold. These |
| to sell their home on their own. For one, the | | | | homes are the best indicator of the market |
| homeowner can avoid paying commission to the | | | | value of your home. If homeowners are |
| real estate agent. In some cases, the extra | | | | purchasing similar homes in your area at a |
| few thousand dollars tacked onto the price | | | | certain price, you can safely assume that |
| can be the difference between a home that | | | | your home will sell for a comparable price. |
| sells and a home that sits on the market for | | | | |
| months at a time. | | | | Advertising your home is the next step after |
| | | | you have determined the selling price. |
| Idaho homeowners that choose to sell their | | | | Advertising through a FBSO website is a |
| homes using the FBSO method should | | | | convenient and effective way to market your |
| familiarize themselves with the process | | | | home. Using a website increases your home's |
| before putting their home on the market. | | | | exposure greater than traditional methods |
| Homeowners should also be aware that the | | | | such as local newspapers and real estate |
| process will require knowledge of the market | | | | magazines. That is not to say that you should |
| as well as dedication and persistence in | | | | forgo these traditional methods. Rather, you |
| selling the home. | | | | should employ all the methods at your |
| | | | disposal to improve the odds of selling your |
| The first step necessary to sell real estate | | | | home. |
| in Idaho is determining the value of the | | | | |
| home. Knowing the value is necessary to | | | | You will start receiving inquiries about your |
| determine the selling price of the home. Many | | | | Idaho home soon after you have begun your |
| homeowners do not pay enough attention to | | | | marketing efforts. Once you start receiving |
| this step. Instead, they set their home price | | | | inquiries from prospective buyers you should |
| as a somewhat arbitrary number based on the | | | | be prepared to allow the buyers to view your |
| price at which the home was purchases and an | | | | home. It is best to prepare your house for |
| assumption that the home appreciated since | | | | viewing before you put it on the market. |
| its initial purchase. Since your home is not | | | | Since you never know when you are going to |
| guaranteed to appreciate, this assumption may | | | | get the call for your first showing, it is |
| not be correct. More importantly, | | | | better to be prepared than to lose a sell |
| appreciation does not dictate the price of a | | | | because you were not. |
| home, the real estate market does. | | | | |