Home Sellers Forum

We've asked our successful FSBO home sellers for tips and advice in the home sale process to help you with your home sale experience.

Just click on a topic to ask a question and a home seller, or the FSBO guru, will post an answer. Or, you can simply scroll through the Forum by clicking on the links and learn from the dialogue.

 
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Posted 4/25/2007 10:26:10 AM Post #1156
 

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HI Eddie,

It's pretty rare these days to get a contract without a contingency. Since it's a buyers' market, they call the shots.

What I would do so you don't put all your eggs in one basket is to write the contract with limits on the contingency if it's to sell their home. Make it something like a 60 day close with first right of refusal in case you get another buyer. Also put in the contract that you will continue to market your home.

That will protect you and also give the buyer an incentive to move more quickly.

I would check with a real estate attorney to review the contract.

Good luck!

FSBO Guru
Owners.com
Posted 5/2/2007 11:07:08 AM Post #1210
 

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12 days
Posted 5/10/2007 11:05:08 AM Post #1272
 

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We put the ad in the paper on 4/28 & 4/29 and sold it on May 5.
Someone saw the sign.
Posted 8/20/2007 10:29:05 AM Post #1570
 

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It took us 3 1/2 weeks to get a contract. We drastically dropped our price. I sent flyers to a lot of different realtors offering a 3% commission. A realtor brought a client on Sat 8/18 and we signed the contracts Saturday evening. We almost had a buyer Friday, 8/17. That buyer saw our ad on ForSaleByOwnerCenter.com.

http://www.forsalebyownercenter.com/listing-49728-Fort%20Thomas-KY-41075-RealEstate.aspx

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