How to Sell a House by Owner in St. Petersburg, FL

Although unconventional, some sellers decide to sell their homes in a for-sale-by-owner (FSBO) fashion. Whether you’re making the move by utilizing the expertise of a real estate professional, or you decide to list FSBO, it’s a big decision you shouldn’t take lightly. Look no further for our top tips on how to sell a house by owner in St. Petersburg, Florida.

You can sell your St. Petersburg property fast so you can move into a brand-new dream home!

For sale by owner pros and cons

Generally speaking, there are some common pros and cons to deciding to list your home for sale by owner. These are important considerations to make before you decide to take the leap on your own when you list your little slice of Florida heaven.

For starters, if you list your home FSBO you will save some money on the seller’s commission. If you aren’t using an agent, there is no need to pay their commission. You will however still need to pay the buyer’s agent’s commission. This is the biggest incentive for most folks to choose an FSBO sale.

It’s important to know that statistically FSBO home sales close for less money. They also typically have a slower closing process, and you may find some challenges in paperwork, negotiating, marketing, and dealing with any issues that may arise during the closing process. 

Selling FSBO in Florida

There’s no hiding that Florida has become a hot spot for those seeking milder weather and a fresh start. Florida home sales have flourished beyond the already hot real estate market in recent years. It’s crucial that you realize that selling for sale by owner will automatically put you and your property at a disadvantage because you likely lack the knowledge needed to have a smooth, fast closing. If you decide to "Sell My Home Fast Jacksonville Florida" by doing FSBO, follow these steps to ensure you get under contract:

• Complete any necessary repairs (consider an inspection before listing)

• Fill out your disclosure forms

• Declutter and stage your home

• Competitively price your property by using market comps and getting a pre-listing appraisal

• Have professional photographs taken of your home for online listings

• Market your home to buyers

• Negotiate any offers remembering to consider contingencies, closing costs, requests, closing date, and earnest money

• Get a home inspection and negotiate items

• Have an appraisal

• Final walkthrough of the property

Once you’re ready to head to the closing table, you should have an attorney review all documents, clear title documents, transfer ownership, distribute funds, and review your closing statement.

If you’re feeling like an FSBO sale may be more work than you anticipated, it’s always a good idea to hire a professional. However, if you’re confident you can handle the sale, a for-sale-by-owner deal in Florida is a great way to ensure you’re in control and save you some money as well.

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