For Sale by Owner

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If you're thinking of selling your home yourself, ask yourself these vital questions before you put your house on the market.

Do you understand all of the legal requirements for selling a home in your area?
Laws vary from province to province and can change yearly. And buyers can cause problems if you haven't protected yourself with the proper warranties and seller disclosures.
Are you in a hot market?
If not, you're up against a lot of competition. And most other home-sellers have professionals working for them.
Are you willing to give up your weekends and evenings waiting for buyers to show up?
Buyers keep their own schedules and often want to see your home when it's least convenient for you. If you have a sign out front, be ready to drop everything and show your home to people who stop in without an appointment.
Do you know how to weed out the lookers from the buyers?
Many people who want to see your home aren't even remotely qualified to buy it. They'll just waste your time.
Do you know how to handle tough negotiations?
When you get an offer that's lower than you want, with terms you don't understand, be prepared to make a reasonable counter offer — or risk losing the sale.