How 'For Sale By Owner' Works

Why is the concept of private home sales becoming so popular? The real estate owners motivation to sell privately is to save paying a real estate agents commission. If you decide to play the role of a real estate salesperson and handle the transaction as a For Sale By Owner or FSBO, you will have a part-time job.

But look at how rewarding it can be. Suppose the real estate fees to sell your property amount to $20,000. Your effort to complete the private real estate sale involves 100 hours. You have just paid yourself $200 per hour after taxes. Not a bad part-time job.

In the Province of Ontario, there are 2 individuals that can sell real estate. The owner of the property and licensed real estate agents or realtors. If you decide that you don't want to pay someone thousands of dollars to sell your property, you can use our system and do it yourself.

If you ever sold a used car, selling your own home is very similar. You prepare it, price it, market it, show it, then put your deal together with a buyer. The main difference between a house and a car sale is the paperwork and legal end of the transaction. Since this is all handled by experienced Durham Region real estate lawyers, the load is off your shoulders and you can concentrate on doing the rest.

On HomesByOwner.com, you can advertise all types of real estate as private sales. These include homes, town homes, condos, lots, flats, lofts, duplexes, triplexes, commercial properties, land, houses, townhouses, lots and so on.

The first thing you will do is private list your property on the HomesByOwner of Durham Region website. You will have access to our real estate marketing tools. Our system has been proven over time as HomesByOwner.com was established in 1994. It is very easy to manage in your own ‘FSBO User Center’.

Should you require assistance pricing the property, we have professionals that will help. Also at your disposal are home stagers, mortgage brokers, home inspectors, real estate lawyers, etc. We have developed a team that will make selling your home privately a smooth transaction. Simply put, you are never alone.

All of our real estate marketing packages include an ex-realtor 'Peace of Mind' Private Sale Guide. Written by a former real estate agent, it contains everything you need to make your sale go smoothly. Included is 'Peace of Mind' Offer Preparation paperwork you use when you get to the point of drawing up an agreement with a buyer.

Then you roll up your sleeves and start marketing your private sale. You invite buyers into your personal ‘direct’ web address to view a photo slide show presentation of your property. It’s possible you were drawn to our website looking for more information on one of our private real estate listings. You can send email flyers to everyone you know, print colour feature sheets to hand out, post unlimited Open House announcements, upload your listing to Craigslist and so on. You can monitor the effectiveness of your promotions in your personal traffic (hit) counter.

As a buyer your role is very simple. You contact the private sellers directly. Ask your questions and make an appointment to view the owner for sale property. If you decide to submit an offer, the seller has the paperwork and instructions to complete this part of the transaction. HomesByOwner of Durham Region provides you with 'Peace of Mind' when purchasing one of our private sale real estate listings.

Going the For Sale By Owner route is a very pleasant experience for both sides. There is no middleman involved. All communication is faster and the information is accurate. Since there are no real estate fees involved, it could benefit both sides.

Regardless of whether you are a buyer or a seller, help is available if you require it. HomesByOwner of Durham Region is owned and managed by a local affiliate this is an ex-realtor. You can reach us at Toll Free 800.575.4911 or email.

Our private real estate company covers all of Durham Region. Sell your home. Pay 0% commission when sold.