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For Sale By Owner | From Urb to Burb and Beyond Blog

Tuesday, October 13, 2020   /   by Vanessa Saunders

What "For Sale By Owners" risk by selling it themselves.

By Vanessa Saunders, MBA, MIMC , Broker Owner, Global Property Systems Real Estate.
People realize it’s a hot real estate market and prices are sky-high at the moment. Some home owners feel they can stick a “For Sale By Owner” sign in the front yard, post a picture and description on Zillow’s listings pages, sit back and let the offers roll in. They’ll say, “We just want to see what we can get.”
What they’ll likely get is screwed.
Ask any agent who’s had a career of shepherding home sales from showing to closing and they’ll tell you of the pitfalls that await the unaware. Just what do sellers risk? Here’s the short list.
Getting the price wrong.
How in the world is a homeowner to know what his house is worth? He knows what he paid for it. He may know what some of his neighbors sold their homes for (“may” because not all his neighbors will admit the real price and costs involved.)
The homeowner lives i. ...

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  hudson valley real estate, hudson valley property, hudson valley home, buying a home, home investment, 'urb to 'burb, hudson valley home owners, hudson valley home sellers, selling your home, for sale by owner

Sunday, February 16, 2020   /   by Vanessa Saunders

FSBOs: Is your marketing reaching the wrong people?

If you're selling your home on your own (known in real estate as a "For Sale By Owner" or FSBO), you may be targeting your marketing at the wrong people.
Think about it. Planting a home-made sign in your front lawn reaches who? The answer is, anyone happening to drive by. You're playing a numbers game, hoping that one of those drivers is (a) looking for a new house, (b) has the money or credit to buy yours, (c) likes your house from what he can see at thirty miles an hour, and (d) remembers your phone number.
You'd have the same success if you just started butt dialing people.
Recent studies have shown that 95% of buyers search online for a home. Most real estate agents have an Internet strategy to promote the sale of your home. Do you have a marketing plan and are you executing it through a professionally designed web site?
Where did buyers find the home they actually purchased?
50% on the Internet
28% from a Real Estate Agent
7% from a yard sign
1% from newspaper ...

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  hudson valley real estate, hudson valley home, hudson valley home sellers, housing sales, sales strategies, for sale by owner

Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258


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The information appearing herein has not been verified by One Key, Inc or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

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The data relating to real estate on this website comes, in part, through the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the IDX logo and detailed information about them includes the name of the listing broker.
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