Tips for Handling Your Own For Sale By Owner Negotiation

Not every seller is comfortable with for sale by owner negotiations, and that's one of the reasons most sellers hire an agent.

There are times when it’s an advantage not to have a real estate license. Decades ago, just before I received my license, selling my own home as a for sale by owner was one of those times. That's because I used my negotiation knowledge and offered to help the buyer write the purchase contract. It meant I could write the contract in my favor, which I couldn't really do if I had a real estate license.

Sometimes, though, neither party is represented by a real estate agent. In that event, one of you should know how to negotiate an offer, and it may as well be you, the For Sale By Owner. Apart from making sure your buyer is able to secure financing, you may also accept a deposit . . . read more about For Sale By Owner Negotiation.

More Articles by Elizabeth Weintraub:

• Contingent on Seller Finding a New Home
  
• Contingent on Buyer Selling Present Home
  
• Selling and Buying at the Same Time

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