.jpg)
Things to Keep in Mind
Perhaps the most unpleasant aspect of homeselling for you is that the "for sale by owner" sign may invite trouble. Real estate ads and signs shake out many lookers and curiosity seekers as well as thieves posing as buyers to look for valuables and prescription drugs to steal.
You can reduce your risk by pre-qualifying callers to be as certain as possible they are legitimate. Always get a name and telephone number and then verify it. You can always call them back with "new" information, or check with directory assistance to see if their phone or name is listed. We know you'll have to give out your address if they don't already know it, but don't forget to ask questions and qualify as much as you can. Also, when showing the home, always ask the people to stay with you and don't let them separate unless someone can be with them.
As Realtors, we also face this problem as well as the potential for violence, when holding a Sunday open house. Particularly because people tend to come all at one time, never one right after another. It's always a good idea to have more than one person with you and in the house when showing. You may also want to write down license plate numbers just for future reference in the event of suspicious behavior or a suspected robbery. Exercise common sense and good judgement. Just be aware.
Keep in mind that speculators and bargain hunters may try to take unfair advantage with insincere offers. Or offers that may include expensive terms, delayed closings, improperly prorating the insurance, escrow costs and property taxes. Remember, this kind of buyer has a lot of experience, and if you have not sold a lot of homes, it might make good sense to have your attorney review any documents or agreements before you sign anything.
Also, everything must be in writing including the statement "there are no verbal representations or other agreements which modify or affect this agreement, unless set forth in writing and signed by Buyer and Seller." I hope this information has been of value to you. I wish you success.
