Remember that Williamsburg house my husband and I bought which I discussed in my last BLOG? When it came time to sell (before I became a Realtor working the Huntsville/Madison Alabama area), my husband and I had tried selling “by owner.” In order to save Realtor fees, I embarked on a campaign to learn everything I could about having a successful home sale. “Have a marketing plan,” “Make sure you price your home right,” books recommended. My exhaustive marketing campaign included newspaper ads, emails, hanging flyers, and Open Houses. We even welcomed agents, hoping they would bring qualified buyers. In the end we were unsuccessful, but not for lack of trying. We did receive one offer. Ironically, their Realtor talked them out of it! What I took away from my experience were the difficulties that FSBO’s face.

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Posted in For Sale By Owner at July 31st, 2008. 2 Comments.

Last week, a friend came to me looking to purchase another investment property. She and her husband purchased a home in Madison from me several years ago which turned out to be a very good investment, and now they were ready to buy another property in the Madison – Monrovia – Huntsville area. We spent an afternoon looking. The next day she called to tell me she found the perfect FSBO home, and wanted to enlist my advice. She was going to meet with the seller later that evening to sign the contract and turn over quite a hefty earnest money deposit.

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Posted in Contracts at July 31st, 2008. No Comments.