
Technically all homes are being sold by their owner but some do it without using the services of a real estate agent. They often believe they save money by not paying a commission. I believe they end up making more money by working with a professional, but totally agree that if it is just an expense they should sell without paying an agent.
lately I have seen some for sale by owner type signs here and there but I can rarely find out what the sale price is. I can look up other details using a big national database for Realtors. It seems to me that if a person were going to sell his or her home they should be putting in on websites like Zillow so that the home buyers who are searching for a home for sale will find it.
Having a cardboard sign with a phone number on it is a start but there may be a lot of people interested in the home who just don’t happen to drive down that street.
Yesterday I drove by a for sale by owner sign and called the number on the sign to find out how much the seller wants for the home. I left a message and no one got back to me.
Home sellers should take advantage of the internet and market their home using amazing photography and maybe a little video. Advertising it on a site that is just for “for sale by owners” isn’t the best strategy because it draws attention to the seller rather than the home. Try advertising on Zillow and on Craig’s list too. Advertise in the neighborhood Facebook group and make some flyers to put on bulletin boards at the local grocery store and/or coffee shops.
Also see: finding a buyer isn’t the same as selling a house.