FSBO Tip #4 for a Successful Transaction: Pre-Qualify Callers

Tip #4: Pre-qualify callers and visitors: have a lender willing to help

Even if you are not buying another home and do not need a lender, some of the people who will call on your home may not be pre-qualified or pre-approved, yet. This is a question you should ask when they first call and before you show them your home: “have you talked to a lender and are you pre-approved to purchase a home in this price range?”

Yes, you may feel a little uncomfortable asking, but think of all the time you will save by not showing your home to buyers who can’t afford it!

If you do not know a lender, your Realtor (see tip #1) can help you find one. Call the lender ahead of time and let them know that you will give their contact information to your potential buyers who are not pre-approved. Chances are, some of the people who will call on your home are not ready to buy; they are just “looking.”

Showing your home is a time consuming process. By pre-qualifying your callers, you can save time and energy and only show your home to willing, ready, and able buyers.

FSBO Tip #1: Establish a relationship with a good Realtor and Tip #2: Offer to compensate if a Realtor brings you a buyer

Tip #3: Have a Budget and a Deadline by Which You Will List Your Home