Home auction by owner may be the alternative if your property has been on the market for a while. Whether you are looking for traditional homes for sale by owner, mobile homes for sale by owner, or even bank owned homes that failed to sell at auction, listings are the best way to go. Virtually every market features homes that are for sale by owner: Birmingham AL , Michigan , and Baton Rouge are just a few varied examples of metro areas, states, and smaller cities that all feature these properties.
I service Real Estate sales in the following Metrowest MA towns: Ashland, Bellingham, Douglas, Framingham, Franklin, Grafton, Holliston, Hopkinton, Hopedale, Medway, Mendon, Milford, Millbury, Millville, Northborough, Northbridge, Shrewsbury, Southborough, Sutton, Wayland, Westborough, Whitinsville, Worcester, Upton and Uxbridge MA.
If you want to attract the attention of buyers who are working with a real estate agent,Â you’ll have to offer a commission in the traditional range of 2.5 to 3 percent, and maybe more to compensate the agent for the extra work your FSBO deal implies.
You will work out the final details with the seller, but be sure to include how much you are willing to pay; your down payment; a full description of the property; deadlines for closing; and any contingency terms, such as the offer being void if you can’t sell your present home.
Even if theÂ home sellersÂ have chosen to save money by not using an agent onÂ their end,Â theyÂ likely realize that having a buyer’s agent comes with some perks in terms of a smooth transaction andÂ may still gladly cover the buyâ€ side of the commission (which is typically evenly split, so the sellers will still save half).