Let's address a couple of the major concerns here.
- It's not legal - or I don't know how to handle the legal aspect...
The paperwork end of things is always handled by a legal expert - your lawyer or attorney handles the transaction and ensures that all your "t's" are crossed and your "i's" are dotted. It is their responsibility to make sure that all forms are filled out correctly and filed properly. Your job is to agree to terms (ie. price, inclusions, closing date, etc.) on paper and then hand it over to him/her. A real estate agent would go through the same process. You are simply a FSBO sale and are just representing yourself. - I don't know how to negotiate the offer
We'll assume you've done your homework, and you have a reasonable listing price. If the price is in the correct range based on your findings, then you must determine your priorities. Is getting the most for your home the most important factor, or is selling it quicker more important? You must, ahead of time, determine your lowest acceptable offer - and then stick to it. Unless there are extenuating circumstances, then this is the number you won't go below. At some point in your life, you've negotiated for something, so the same principles apply. If you're confident in your home, and the value the home buyer will be getting, then negotiate firmly. If it's worth it, they will spend it.
We really are trying to educate readers as to exactly how simple it is to sell your home privately. We're not saying there's no work in it, but through education, you will see how simple the process can be, how much you can save, and the satisfaction you'll receive by selling FSBO.
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