Fizzbo Central » Real Estate http://www.fizzbocentral.com What Is A FSBO? Tue, 16 Mar 2010 10:05:55 +0000 http://wordpress.org/?v=2.8 en hourly 1 FSBO Tips to Make Your Home More Sellable via Photos http://www.fizzbocentral.com/fsbo-tips-to-make-your-home-more-sellable-via-photos/ http://www.fizzbocentral.com/fsbo-tips-to-make-your-home-more-sellable-via-photos/#comments Tue, 16 Mar 2010 10:05:55 +0000 admin http://www.fizzbocentral.com/?p=26 When you are acting as your own house agent, it is important that you put effort into the sale. While you may have a great home, so do thousands of other people. Putting a bit of thought and time into even small touches can greatly make a difference on how potential buyers will react when they take a tour of your home.

You need to put yourself in the place of the buyer. They are all going to have different tastes. For this reason, a home needs to appeal to the general likes of the public and many elements should be neutral. Your goal with be that no matter who comes to your home to have a look, they will be able to imagine themselves living there. Your furniture and decorating style will not be so bold that they cannot look passed that and see their own furniture there. Your colors will not be so overwhelming that they will not be able to envision the home with their own taste in colors.

FSBO Photos

FSBO Photos

One of the most important elements to marketing your home will be the photos that go along with your listing. It is very crucial to take new photographs and never use outdated ones. You will want the outside photos to reflect the current season. If that oak tree in your front yard has grown big and provide nice shading now, do not use a photograph in which that huge tree was a little small sapling.

Always invest in a high quality camera if you do not have one or cannot borrow one. You will want your photos to speak to the viewer, saying, and “Come look at me”. Photographs that appear hazy, out of focus or are too dark simply will not bring you the traffic that you want. Before you begin taking photos of your home, simply stand outside and look at the house from an unbiased viewpoint. Look at the details. Do the curtains that show through the window in the living room look dingy? Are the flowers outside of the walkway wilted? Does the front door need a fresh coat of paint? Little touches mean a lot. Therefore, before you begin snapping, do take the time to make the house look as nice as possible. Do keep in mind that while the focus will be on the house, if you do not think about the background, the focus may go there instead. Be sure to have all cluttered removed from around the home, do not have children’s toys in the photo and if your neighbor is washing his car and could end up in the background, do wait until he is done.

When you are ready to take pictures, check on one more thing: the weather. This can have a huge impact on a buyer’s opinion. Be sure that the day is nice and sunny. A cloudy or rainy day is not the day to show people what your home looks like, as even the coziest of abodes can look dull and even depressing in bad weather.

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]]> http://www.fizzbocentral.com/fsbo-tips-to-make-your-home-more-sellable-via-photos/feed/ 1 Tips for Buying an FSBO Home http://www.fizzbocentral.com/tips-for-buying-an-fsbo-home/ http://www.fizzbocentral.com/tips-for-buying-an-fsbo-home/#comments Sat, 11 Jul 2009 18:54:33 +0000 admin http://www.fizzbocentral.com/?p=18 When you think about buying a home, you probably envision this being done with a real estate agent. Perhaps you’ve thought about how that agent would dedicate themselves to showing you potential houses and walk you through the steps and when you do find the house of your dreams, you would have that real estate agent to thank. However, a growing number of home owners are buying FBSO houses and finding that it saved them considerable amounts of money. Let’s look at the ways that purchasing a home that is “for sale by owner” can be beneficial to you.

At any given time more than twenty percent of houses on the market are for sale by owner houses. Now, this obviously means that there is a not an agent on the selling side, however there does not need to be one on the buying side either. If you involve an agent when purchasing an FSBO house, you or the buyer would need to pay a commission to that agent and both of you do not want to do that. By following some clear guidelines, you can cut out the middle man, making the process beneficial to both parties involved.

The first thing that you should do is to stay within your means. While we have all heard this advice before, there are millions of credit card holders who have not followed it. Decide what your maximum budget is and never go above this amount.

Once you know what your maximum price would be for the house of your dreams, figure out how much you can afford for a down payment, while still leaving yourself a good amount of emergency money. While putting down 20K may seem like a great idea, if that leaves you with nothing left in your bank account, you may be better off putting down 15K and having some backup. Once you know your figures, it is time to get pre-approved. This is an important element to buying FSBO homes, as the seller will know that you are serious and ready to get down to business.

You’ll next want to scan around for FSBO houses, very simply done via the Internet. Now, since the seller does not have an agent and you do not need one either, the next step is to simply contact the seller. Make a list of questions you wish to ask about the property so that you can rule out any that do not suit your needs. To cover yourself and make sure that you would be paying a fair price, you will want to obtain a valuation report for the property. This is much like the information that a real estate agent would receive, showing the comparative market analysis, known as CMA. The CMA will compare the house to others that have sold recently in the neighborhood.

Before making an offer to the seller, you next step would be to obtain an attorney, preferably a real estate lawyer who specializes in home sales. Once you are backed by legal counsel, your attorney will guide you through the process of making an offer and closing the deal.

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]]> http://www.fizzbocentral.com/tips-for-buying-an-fsbo-home/feed/ 0 What you Need to Know About Disclosure http://www.fizzbocentral.com/what-you-need-to-know-about-disclosure/ http://www.fizzbocentral.com/what-you-need-to-know-about-disclosure/#comments Sat, 11 Jul 2009 18:50:35 +0000 admin http://www.fizzbocentral.com/?p=15 Discloser in regard to house sales is the legal responsibility of the seller or agent to tell any prospective buyers about any defects of the home prior to the sale.

When you are selling a home, if you have an agent that agent is legally bound to disclose any defects regarding the house to potential buyers. When you sell your home yourself, to take the middleman out of the picture and keep all of the profits, you also are legally bound to disclose any information regarding your home. If you do not follow the proper guidelines, you can find yourself in deep water, as you can ultimately be sued for damages. While it does not happen often, there are cases in which a seller has been sued and forced to take the home back.

For this reason, it is very important to understand the elements of disclose to make sure that you follow these by the book. Most states do have mandatory discloser laws. These laws protect a buyer and ensure that they are given any pertinent information regarding defects of the home. The most important element to know is that you are bound to disclose the defects even when not asked. Therefore, if the basement has a leak or floods during rainy season, if they potential buyer does not think to ask about this, you must give them this information, in other words, you must “disclose” it.

Now, one thing to keep in mind is that disclosing information is not necessarily going to make potential buyers go running. Many buyers are interested in properties that need repairs, as they know that the asking price will be lower and this may be just the type of home that they are interested in buying. In addition, unless a home is brand new, most buyers do know that a home cannot be perfect.

While you market your home with an upbeat tone of voice and a pleasant spiel about its benefits and pluses, do take the time to also casually mention its faults. It may help to give a specific example of when a defect affected you and the steps that you took to resolve it. For example, if water does go into your basement during heavy rains let the potential owners know, but then follow up by telling them about how your pump handles it well, perhaps let them know that the pump will be given to them if they do purchase the house and how often to expect such an issue.

Your disclosure can also serve you well in negotiations. If a known issue would cost 3K to resolve and you offer to lower the price by 2K, they buyer may wish to opt for the lower price and perhaps resolve the issue some time down the road or may even opt to fix it themselves.

Your biggest question may be, “what constitutes a disclosure?” It is suggested to have your home inspected. If the inspected finds red flags and you do not have those issues fixed, they would be issues that you should disclose. Be sure to find an experience inspected, as in the end, the responsibility to disclose any home defects will fall on you and not the inspector.

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]]> http://www.fizzbocentral.com/what-you-need-to-know-about-disclosure/feed/ 0 Time To Get The Low Down On The FSBO FAQ http://www.fizzbocentral.com/time-to-get-the-low-down-on-the-fsbo-faq/ http://www.fizzbocentral.com/time-to-get-the-low-down-on-the-fsbo-faq/#comments Tue, 24 Feb 2009 14:48:23 +0000 admin http://www.fizzbocentral.com/real-estate/time-to-get-the-low-down-on-the-fsbo-faq/ Whenever you hear the words FSBO what do you think of? Well if you do not know what that stands for then you more than likely have no idea. FSBO stands for For Sale By Owner. This place is the fastest growing for sale by owner site on the internet. There are some other places that try and say that they are number one, but they are just using smoke and mirrors. There is no place on the internet that is going to give you more help than FSBO when you are trying to sell your house by yourself. Now you can sell your house by yourself without being by yourself.

FSBO (or For Sale By Owner) is one of the fastest growing markets on the internet. This is for people who are trying to sell their own home. Now you can actually get your home to sell without having to pay someone a fee. First of all, we need to talk about some of the good things about FSBO. When you use to want to try and sell your home by yourself you had to wait for the word of mouth to kick in. Now with the FSBO website you have the power of the internet behind you. The best thing about FSBO is that you have nothing to lose. If your house does not sell then you get a full return of your money. This means that if you put your house up on their website and it does not get a bite then you are going to get all your money back. If you are trying to sell your house there is no deal that is better than that one. Selling your own home has never been easier.

When I am thinking of FSBO I start thinking of the fact that I do not have to pay any commission on my home. That means that you do not have to give someone 6% of what your home is worth in order for them to sell it. That means that is going to put more money back in your pocket. That way you can use that money for more important things like finding your own house and putting a down payment on it. Also, when I say that you do not have to do it alone I mean that you do not have to do it alone. You are going to have full access to their hotline. That means that you can reach them day or night to help you get your house off the market as quickly as humanly possible. Many people have problems trying to sell their home themselves, however, with FSBO on your side you are going to be just fine.

If you have any questions all you have to do is look at the FSBO FAQ, and you will see that all your questions can be answered there. If you still have a question that needs to be answered then all you need to do is get a hold of them, and they will answer your question one on one. Remember this company is here to help you. Having a way to get your hands on all the tools they have available to you is great. I think that you are going to be amazed at how fast you sell your home After all, the best part about putting your home up on the market is the fact that you get a new one. So do not waste time waiting for your home to sell.

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]]> http://www.fizzbocentral.com/time-to-get-the-low-down-on-the-fsbo-faq/feed/ 0 How To Advertise Your Fizzbo To The World http://www.fizzbocentral.com/how-to-advertise-your-fizzbo-to-the-world/ http://www.fizzbocentral.com/how-to-advertise-your-fizzbo-to-the-world/#comments Sat, 23 Feb 2008 17:06:23 +0000 admin http://www.fizzbocentral.com/real-estate/how-to-advertise-your-fizzbo-to-the-world/ If you are looking to sell your home by yourself then you are going to need a way to get your house out there to the world. That is the number one problem that people have when ever they are looking to sell their house themselves. The good news for those people is the fact that you now have a site to help you do this, and its called Fizzbo. This is a company that is going to help get your house out there to the world, and help it get the notice that it needs to sell. This is the quickest and easiest way to sell your home. The great news is that you are not going to have to pay someone else to sell your home!

Whenever people are selling their own home the number one problem that they run into is getting their house known out there on the market. That is why so many people have realtor’s do it for them. However, the problem with realtor’s is the fact that they get a big profit from selling your house, and no one wants to pay those kinds of fees. Now with the help from sites, like Fizzbo, you are now able to go out and sell your home by yourself. This is because when you list your house on Fizzbo you no longer have to worry about getting your house out there to the world, Fizzbo is going to do it for you. There are so many different tools that you can use on this site to help you get your house off the market just as fast as Fizzbo put it on there. You are going to save so much money doing it yourself that you are going to have some money left over to do whatever you want with it.

Now some people do not like to use sites like Fizzbo because you have to pay to use their web site. However, when you think about it, even though you are paying for their web site you are still saving a lot of money. Instead of having to pay for the fees on your house that you pay with a Realtor, you are going to have to pay the small fee with Fizzbo. This is going to save you so much money that you may not know what to do with it. Also, you are going to be able to put your house on the market for a lot less than what you were going to put it on the market for the Realtor. This is because you do not have to add the cost of paying the Realtor to sell your house. Now you can put a better price on your house and have a lot more offers. From there you can go with the offer you like the best which would more than likely be the higher one.

It is not as hard to sell your our home nowadays. It used to be a lot more work than it is now. In fact, the more I think about it the more that I think that I will sell my house. It seems like you could end up with a lot of extra money if that is what you choose to do. In fact, a lot of people go around and buy up extra houses just to sell them and make a great profit on them later. Buy doing this you could end up making a ton of money. However, the choice is yours. Whether you are looking to make a lot of money or you are just looking to sell your house, you can rest assure that Fizzbo can help you.

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]]> http://www.fizzbocentral.com/how-to-advertise-your-fizzbo-to-the-world/feed/ 4 Avoid 5 Mistakes If You Are A FSBO http://www.fizzbocentral.com/avoid-5-mistakes-if-you-are-a-fsbo/ http://www.fizzbocentral.com/avoid-5-mistakes-if-you-are-a-fsbo/#comments Thu, 17 Jan 2008 01:38:08 +0000 admin http://www.fizzbocentral.com/real-estate/avoid-5-mistakes-if-you-are-a-fsbo/ Having your house or property on sale by yourself can be nerve wrecking if you are not familiar with the system and activities one need to know before selling a house. Although people who have done this kind of thing a couple of times find it pretty easy but newcomers in this field must be familiar with some guidelines and do some researching before they put their home or property on sale in this huge competitive market. The mistakes made by “for sale by owners” is pretty common and repeated by every new comer unless you do your homework. Some of the major errors made by FSBO are talked about below to keep you from making the same mistakes.

When it comes to selling your house, the first thing you need to be cautious about is to price your property correctly which could be done with the help of a professional Comparative Market Analysis (CMA) if you are not familiar with the market yourself. A report is submitted to you by a CMA which tells you the marketability of your home, the prices on houses just like yours and other necessary details you need to know before dealing with a client. This is a very crucial guideline for a FSBO, no matter how great and ideal your house is an expensive price can scare people away without even knowing other good qualities about your place.

After pricing your residence focus on advertising of your home through banners, flyers, newspapers, online websites etc. The more you advertise about your home the better. Use your relatives, friends and other social connections to let people know you are selling to attract more and more buyers. The less you advertise, the longer you will be stuck with a home and the longer a property is on market with less exposure, the less chances it has to get sold in the future. People lose their interest and move on to a house that is new in the market.

Be proactive, if your house has some repairing and fixing to do which is expectable in every house then fix them yourself. If the buyer comes in and sees these defects, they will definitely want some concession in the overall price which becomes a loss for you. The fixing and repairing of some trouble spots will cost you a lot less. So do not wait around for a buyer who might not ask for a concession and repairs all the defects themselves because that’s never going to happen. Also be polite, friendly and constantly available for the buyers. You do not want to play hard to get with your clients otherwise you might lose them. Usually buyers are hesitant to deal directly with the owner, so from your part be as understanding and cool minded as you can because you might get comments that you do not want to hear.

Finally, when you are done with above precautions you come in direct contact with the clients. If you are giving a tour of your house make it presentable. Have the house cleaned up as if you are waiting for a guest to come over. Your clients do not want to see the mess your kids have made in their rooms, the dirty dishes in the kitchen or an untidy lounge. Have your windows opened every morning to let the fresh breeze come in and the bad odor of musty air go out. The cause of doing this is that it just ruins the whole image a client has in their minds when they leave the home. To them that whole mess of yours becomes a part of the home they want to buy which eventually with a bad presentation they don’t.

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]]> http://www.fizzbocentral.com/avoid-5-mistakes-if-you-are-a-fsbo/feed/ 2 How to ease FSBO home buyers’ frustration? http://www.fizzbocentral.com/how-to-ease-fsbo-home-buyers-frustration/ http://www.fizzbocentral.com/how-to-ease-fsbo-home-buyers-frustration/#comments Mon, 26 Nov 2007 01:37:05 +0000 admin http://www.fizzbocentral.com/real-estate/how-to-ease-fsbo-home-buyers-frustration/ SellYourHouseForFree.com have introduced a new system that automatically deletes old listings from its database of properties. Proprietor Charles Sweeney said “This new system means that all the listings on our website are fresh which is excellent news for buyers who are tired of coming up against sold properties.”

Research shows that a great frustration for house buyers is viewing properties for sale online that have already been sold. With For Sale By Owner websites the listing is provided by the seller but is often not deleted when the property is sold. The new system devised by SellYourHouseForFree.com automatically deletes listings when they reach 28 days old.

The internet makes it very easy for home sellers to sell their home themself. This sector of real estate is known as FSBO. Typically a seller will register with a website and fill out a listing form to advertise their house for sale. The greatest disadvantage of this system for buyers, is that the website relies on the seller deleting their listing when the property sells. When you have just sold your house, you have a lot of matters to attend to and going around deleting the listings you made is not a priority. This results in For Sale By Owner sites filling up with stale listings.

SellYourHouseForFree recognized this frustration for buyers after researching Fizzbo forums. They have come up with a new system that automatically deletes property listings when they reach twenty eight days old. This is fairly young in terms of For Sale By Owner listings, particularly with today’s deflated market but the seller can keep their listing live if they so desire…

Full release: PRleap.com

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]]> http://www.fizzbocentral.com/how-to-ease-fsbo-home-buyers-frustration/feed/ 0 FSBOMediaHoldings Issues Update to Shareholders http://www.fizzbocentral.com/fsbomediaholdings-issues-update-to-shareholders/ http://www.fizzbocentral.com/fsbomediaholdings-issues-update-to-shareholders/#comments Mon, 26 Nov 2007 01:32:40 +0000 admin http://www.fizzbocentral.com/real-estate/fsbomediaholdings-issues-update-to-shareholders/ FSBO Media management has been working on restructuring the company over the past several months.

“The company has been adjusting to the real estate and mortgage meltdown and will inform our shareholders in future news releases of our restructuring progress,”

said FSBO Media’s President Steve Bazsuly.

He added,

“In the past, our policy of sharing our business plan and ideas with potential acquisition targets or joint venture partners has proven unsuccessful. Ultimately once we disclosed our business plan and placed it on the table for discussions, the acquisition target used our ideas and information to develop their own business model without our involvement even though we jointly executed non-circumventions and non disclosures. Our choice is to defer litigation at this time, as it would put financial burdens on our company. Our time and capital are being directed in developing a new and exciting business model.”

Bazsuly concluded,

“Sadly, the days of handshakes, written agreements and fair play have been drowned out by greed and stupidity. Accordingly, we will not make any disclosures until the day we launch.”

Full Press Release: marketwire.com

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