1. Pay attention to the market! You will have a better chance of selling home sale by owner at the monetary value you you are asking for, if the housing market is currently hot . Remember , when selling in a hot market, you will most probably be buying in the same market . Always respond rapidly to offers and be ready to be aggressive in your search for your new home .   Also be ready to accept calls from real estate investors looking to low ball you .  Don’t let it bother you , thats just what they do.

2. In a weak market don’t overprice! Your selling price is arrange by the current market not by an appraisal, nor by what youhave to get or want out of the sale . If your dwelling is not priced competitively for the current market buyers will be looking at other properties not yours. The longer your home is on the market the bigger the danger of incurring additional fees like carrying costs and upkeep.

3. Do not become a stale listing! The longer your home is on the market the less likely you are to get your full asking price. If properties in your area are selling (especially by home sale by owner) and you are not acquiring any serious offers, make changes! Re-think your asking price, offer incentives or make some improvements or repairs. Then make sure your changes are mentioned in your advertising.

4. If something needs to be fixed, fix it! Make sure you make all the necessary repairs even the little ones. They are most likely the least expensive of the repairs to fix. Do not think potential buyers will not notice the little things, they do. Little repairs can add up to look like to many repairs and turn buyers off.

5. If large repairs are necessary do them before your house goes on the market! – if its not possible, adjust your original price accordingly. Be up front and honest with your potential buyers If you try to hide large repairs you are going to get caught and lose the buyer and your time. In this business, time can sure enough costs you money. 

You can read the next 7 tips at selling your home tips.