Taught by Joel Ward, this seminar is designed for current homeowners who are thinking about selling their homes- either by themselves as a “For Sale by Owner” (FSBO) or with a REALTOR. The information provided in this seminar can literally save you thousands of dollars by helping you to make smart decisions and avoid costly mistakes. At the end of this seminar, each participant will have a better understanding of the following topics:
How to price your home
One of the most difficult and important decisions any homeowner must make. We will discuss sources of market data and how to analyze it, independent fee appraisals as well as real estate brokers' market analysis reports.
How to prepare your home for the market
In addition to discussing several things which most homeowners can do to make their home most marketable, we will also consider some of the improvements which cannot be make profitably. Many sellers over-improve their home and end up losing money on the sale.
How to select a REALTOR and what to expect from your REALTOR
There are over 600 REALTORS in our market, and it's important to make a good selection. As in any profession, some are much more experienced, knowledgable, and honest than others. But, unlike most professions, the best REALTORS typically charge the same fees as do the very worst!
Legal considerations for the For Sale by Owner
This topic is presented by an experienced local real estate attorney and includes information about the Illinois Real Property Disclosure Act of 2000, Lead Based Paint disclosure requirements, residential sales contracts, title work and deed preparation, and other legal considerations.
How to market your home as a For Sale by Owner
From FSBO websites to conducting Open Houses, this topic covers techniques available to the FSBO to expose their home to the market.
Should I list my home with a REALTOR or be a For Sale By Owner?
This is an honest and candid discussion of the advantages and disadvantages of both options.