Even if a simple sign in your yard did produce a buyer knocking on your door, be prepared to answer the following questions:
"How does your home compare to others like it on the market?"
"How did you determine the fair market value of this property?"
"What about financing? Can you help?"
"If I make an offer, who will draw up the paperwork?"
"Why aren't you using a Realtor? Is there something wrong with the property?"
"Since you aren't using a Realtor, we can take their fee right off the top, right?"
Selling your home is one of the most important financial transactions you will make in your life. Don't take risks. Selling your home is nothing like selling a car. Every home is different, and every buyer wants to offer you as little as possible. How do your determine the real market value?
The great majority of all homes are sold using a Realtor. As a professionals, it is our job to help you negotiate with all those buyers who want to offer you as little as possible for your home--not to mention preparing your home for sale, marketing it locally and even nationally, and guiding you through the complex paperwork and legal pitfalls of escrow and closing. Make sure you are really ready to handle all of that before pounding that sign into your front yard!
Remember: Buyers want to offer you as close to nothing as possible! While that "For Sale By Owner" sign might sound like a good idea, it usually means a different thing to buyers: "You can get this one for a steal!"
If you must sell your own home, at least let John give you a sense of its true market value. Tell him a bit about your home, and he will do a quick Comparative Market Analysis and let you know what its current market value is. John can also describe how HE would market your property to get you the best possible price. This is free, with no strings attached. Really, just fill out the form...