Most home owners want to sell their homes privately without the use of real estate agents’ service.  The process of the owner selling the property is known as For Sale By owner (FSBO). This is because the cost of using the agent is a percentage of the sale price and can run into thousands of dollars.  It is possible if you plan well and do the homework and math properly. There are several factors that need to be addressed when you consider selling your real estate privately:

1. Pricing your property realistically plays a major role in achieving a quick sale.  You have to the research by comparing the sold prices of the recently sold properties in your area. You can also get an independent professional to value your property who will give you the right value of the property.  Avoid the real estate agent as his valuation may be biased this may lead to over valuing or undervaluing.  Determine a realistic price according to the house’s market value. This is the most important part of selling real estate privately.
2. The ‘For Sale’ sign boards kept at the important junctions in your neighbourhood attract the attention of the local people who may be interested in buying a house in the same area. Studies show that most houses were purchased by buyers living in the same area.
   
3. Print flyers with good photographs of your house in colour and highlight the good points of the property and give the contact details and time for inspection.  These flyers can be distributed at the local supermarkets, restaurants, parking lots, community bulletin boards and clubs.
   
4. Your can place advertisements in the classified columns of the local newspapers and magazines.
   Advertise online on the real estate web sites which allow photographs and virtual tours of the house.  The internet can get you buyers from across the country and from abroad. You can interact with the prospective buyers through email or chat and at any convenient time in this method.  Advertising on the internet saves a lot of time and cost of selling real estate privately.
   
5. You must do all the repairs and cleaning inside and outside the house. The garage and garden also must be given a clean and fresh look. Broken tiles and leaking taps must be fixed.  The house should be de-odorized. Remove clutter from the kitchen cabinets and the cub boards and drawers.  There should be sufficient moving space in the rooms. Remove extra furniture and junk before showing the house to the interested parties. Allow natural light inside the rooms and keep pets away during inspection.  Mow the lawns and tidy up the side walks and fencing.  It is important to make a good first impression of the house to sell it for a good price.
6. Get all the paperwork ready.  You must get the required pest reports and home warranty reports.

If you make sure to follow all the steps mentioned above you can achieve a great sale within a reasonable time using the concept of selling real estate privately.