How to Sell a House By Owner in Oregon

The time has come: you’ve decided to sell a house using the For Sale By Owner (FSBO) method in Oregon. 

If you’re like most home sellers, you’ve done your research and understand that the longer a property sits on the market, the less likely it will sell. We’re here to help you with expert FSBO tips to get your property sold in no time!

Understanding Your Local Market

When you buy a house, you choose a price range for the home you want to buy. Once the seller agrees to sell, they mark it up to market value and put it on the market. If you buy a house through a sales listing, you are given a price range of the home you are interested in buying. If you are willing to negotiate, the price is negotiated based on the actual market value of the home. If you’re selling, you set the price of the home based on your expectations. Since there are many variables, how are you going to know if you’re going to get the price you wanted? The only way to know for sure is to ask. For example, say you decided to list a home at $390,000. What does that mean in terms of a fair price?

Preparing to Sell a House

Now it’s time to get to work. You’ve put away your winter coats, and you’ve switched your A/C back on. It’s time to get that home back on the market, so you need to prepare it for sale quickly. As you move forward, here are a few things you should consider doing to prepare your home for sale. 

Establish Monthly Sales: This may sound like a small step, but you must sell at least one home per month in order to hit your sales goals. The better you do in sales, the sooner you can begin looking for your next home.

De-Clutter: One of the first things to consider doing to prepare your house for sale is to de-clutter. By clearing out excess personal belongings, you will make your home more attractive to potential buyers. 

Clean the House: Make sure your house is clean before you list it.

Create an Effective Marketing Strategy

When you’re ready to begin selling your home by owner, do your research and make a list of the most important items to consider. First of all, ensure that it’s move-in ready! Even if it’s not for you, your buyers need to be able to understand what to expect. Many homes are listing agents’ clients’ homes, so they are often used to things like the layout and layout of closets. Make sure your home has the right things like dishwashers, granite counter tops, and a master bath with a tub and walk-in shower. Most importantly, do your research and ensure that you’ll have the space to add items like a bathroom bar in your home.

Pricing Your House Correctly

You can reduce the amount of time you’re spending on the market by adjusting the listing price for your property correctly. Take an average home value in your area. For example, consider a home with a three-bedroom house, a two-car garage and a private yard that sits on a half-acre of land. This house, depending on when it was built and other factors, could be listed for $270,000 or $300,000. Using the average home’s selling price in your area, you should list it at the top. If the house is not selling at $270,000, consider moving it down or add more time to the listing period. 

Getting Professional Help with Pacific Northwest Investments

So you’re ready to give it a go yourself and want to sell a house. What do you need? The best properties are sold with well-developed marketing plans, but if your house is on the market for too long, your competitive advantage is lost. Here’s where Pacific Northwest Investments comes in. We’re prepared to buy your property FAST, no questions asked! If you live in Salem, Oregon, and the surrounding area, please get in touch with our experts so that we can make you a fair, all-cash offer. 

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