What kind of buyer will you get when you put your home up for sale by the owner? Which home buyers seek out for sale by owners?

Today's home buyers can surf the best websites, get a guided tour of the best homes, and have an offer professionally written and negotiated. From there, the buyer's agent will have the inspection arranged and negotiated, and the loan, title, escrow, repairs, and closing supervised for no charge. It costs them nothing.

Why would a pre-approved buyer go through the hassle of looking for houses knowing that if they find a good house they're going to have to do everything all by themselves?

The answer, they want a better deal. They're putting in time and effort to save the commissions and buy your house under market value. And they expect to be very well compensated for their efforts by you. Other buyers are looking for lease options, seller financing, or are investors looking for an underpriced sale. Statistics show that it is the buyer that ends up saving the commission and then some while the homeowner does all of the work and takes all of the risk.

Let me show you real-life examples where we put over $55,000 back into our clients pockets after they were for sale by owner. I've put together a list of questions you should ask any buyer before discussing price or terms. You need to know that you're negotiating with somebody who can complete the sale if you come to terms.