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May 20 2019

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Top Home For Sale by Owner Websites

One way to save money when selling your home is to do all the work yourself. Selling your own home can cut out the expensive middlemen such as real estate agents and brokers. This also insures that you have full control of the amount you sell your home for and who purchases your home.
While there is more time and effort involved in selling your own home the internet has helped tremendously. You can find wonderful and informative websites that cater to owners who are selling their own homes or other properties.

Three Best For Sale by Owner Sites

ForSaleByOwner.com

As one of the most popular websites for homeowners wanting to sell their home without an agent, ForSaleByOwner.com is a vast resource that is both easy to use and affordable. Sellers and buyers can utilize the free tools found on the site, including the pricing scout which estimates a home’s value and finds comparables in nearby neighborhoods. Users also have access to information about real estate characteristics of their local market, all without needing a listing agent or realtor. Each of these tools requires registration with an e-mail address and password, but access to the features is free.

Listing on the Site – For homeowners wishing to use the site for listing their property for sale, there are several package options. The 30-day free listing gives homeowners the ability to list a home on the site without requiring a credit card or subscription, and it includes a standard listing on top home search websites like Redfin and Homefinder. Homeowners can also attach up to 20 photos with the basic package. If the home does not sell in the first 30 days, users have the option to extend the listing for $19.95 per month moving forward. Upgrading to the Super Seller package offers homeowners a listing on the MLS, providing exposure to more than 100 million buyers searching online. The home is also featured in an exclusive offer marketplace through the site and costs nothing for the seller. However, homeowners are required to use a member of the Xome Agent Network to assist with the listing, although no commissions are charged.

The site also offers a Premium Agent package which boasts 13 times more traffic than competitors, a listing in the MLS, and professional help throughout the process. There is no upfront fee for this option, but each seller pays a 1.99% listing fee once the home is sold. For both upgraded packages, homeowners receive professional photos to add to the listing, as well as placement on Xome, Zillow, Trulia, and Realtor.com

Buying on the Site – Prospective homebuyers can use ForSaleByOwner to search for available properties in their area, compare prices and features of homes without paying a fee. Notifications can also be sent when new listings that match buyer criteria are listed, so long as registration is completed on the site.

HomesByOwner.com

HomesByOwners.com is a community of websites that work as a vast marketplace for buying and listing homes throughout the United States and Canada. Local experts, like mortgage brokers, non-traditional real estate brokers, and magazine publishers in the real estate market, are partnered with the site on the local level to provide service and resources to homebuyers in a specific market. These experts assist sellers in marketing their home in exchange for a fee. Each local market varies, but a package that includes listing in the MLS and on prominent buyer websites like Realtor.com in a large metropolitan area can starts as low as $275. This basic package includes a six-month listing, up to eight photos, and marketing on Zillow, Trulia, and other sites. Homeowners also receive a home selling success kit online, and they are able to set the commission rate paid to the assisting expert. Additional package options are available for a higher cost, reaching as high as $1,200 for a 12-month listing, unlimited photos, and more exposure to buyer sites. Home buyers have the ability to search for sale by owner properties, compare pricing, and receive new listing notifications after registering.

The FSBO site has a long history of maintaining a large marketplace of homes that are listed as for sale by owner, beneficial for both buyers and sellers in just about any market. Through FSBO.com, sellers have access to two plans with various benefits. Under the FSBO package, homeowners can list their property for sale on the site for up to 12 months, include unlimited photos of the home and a video if desired, and receive a free Redfin.com listing for $99.95. With the MLS package, homeowners gain access to an MLS and Realtor.com listing for up to six months, syndication to Zillow, Trulia and other buyer sites, as well as an FSBO.com listing. The MLS package also includes a buyer’s broker commission that is set upfront, ranging from 2-3%. This package costs a flat fee of $399.95. All sellers who utilize the site get access to additional resources and supplies helpful in the home selling process, including yard signs and expert advice along the way. Buyers using FSBO can search all listed properties without signing up for a subscription or paying a one-time fee, but registration online is required.

Final Thoughts

In order to successfully sell your own home without the expensive real estate agent and broker fees you will need the right information and support. Using a top notch For Sale by Owner Website will provide you with some great resources and are available to help. Helpful websites like Forsalebyowner.com, Homesbyowner.com and FSBO.com are crucial to understanding the housing market and getting the best price for your home. Just be sure to read the fine print in the pricing because you may still need to pay a buyer’s agent commission if you want to also attract buyers working with agents and brokers through an MLS. Even so, you can still save a considerable amount of money by not paying listing agent commission.

If you’re looking for the absolute basics, don’t forget websites like Zillow and Craigslist. You won’t get much assistance, but they both attract a ton of traffic, with buyers looking online to find properties to buy. Regardless how you sell your home, we recommend listing your property for sale with those two sites too. They’re free and provide a ton of additional exposure for your home. Just keep in mind, there are expert real estate agents in your local area who can help you get top dollar for your house, condominium or land, and avoid legal issues down the road.

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