Planning to sell your Southeast Michigan house yourself? Going the for-sale-by-owner (FSBO) route takes some effort, but it saves you money on real estate agent commissions and gives you much more control over how you market your home – and ultimately who you decide to sell it to.
Right now, it’s a seller’s market in Metro Detroit, and FSBO homes are getting snapped up faster than ever. However, the FSBO process might raise some security concerns, as you’ll likely be the one showing complete strangers around your home.
Here are some tips to lower your risk:
Screen Potential Buyers Before They Tour
Selling as FSBO, it’s possible to have much more control over who enters your home than you would with a real estate agent. Take advantage of that and screen potential buyers BEFORE you commit to a showing. At the very least, require that they send you a photo of their driver’s license. It’s also wise to talk to them on the phone, Google them, or invest in a basic background check.
Stage for Security
When staging your home, of course the goal is to try to make it appeal to potential buyers. But ALSO make sure to stash jewelry and other pocketable items of value in a place where they won’t be noticed by or easily accessible to people touring the home.
Change the Lockbox Code Often
To work with buyer’s agents, it is likely that a lockbox will need to be put on the house. We recommend changing the code often so that people can’t memorize it and enter your home uninvited.
Hire a Broker
The paperwork for home sales is not a walk in the park. To ensure that all of the contracts are created and filled out properly, we highly recommend hiring a broker. That’ll save you a lot of headaches down the road!
Hope that helps!
And if you’d rather sell your home fast for cash, give Mitten Made Properties a call at (248) 883-3340. We can make you a fair cash offer within 48 hours, and close in as little as two weeks with no hidden fees!