Selling Your Home For Sale By Owner

More and more sellers are trying to sell by owner.

For a number of reasons, these sellers just don't want to use a realtor. iBuyHouses.com is perfect for those selling by owner. We don't charge for you to list your property nor will we make you pay a commission! The more investors that see your house, the better chance you have of selling! Submit your property information today and you could get an offer as soon as today! Continue reading to find out how much really is involved with selling a house by owner.

The phrase "For Sale By Owner" has become a well- known phrase over the past couple years in the real estate field. Not only are sellers trying to keep their costs low but they are trying to get things done on their own. There are many reasons why a seller would choose to try to sell a house by owner and while it can mean more work for the seller, the reward can be worth it. If you are considering a FSBO, you should be aware of the advantages and disadvantages you may be facing. It can either be worth your time or it can create a selling nightmare that you can't run away from fast enough. Anytime you sell something on your own, regardless of the size, you are assuming the risk and responsibility.

In order to sell a house without the help of a real estate agent you must...:

1. Research your state laws. Know the real estate laws and you may want to talk to a real estate lawyer. They may charge you for 1-2 hours of their time but in the end, it can save you time to have a knowledgeable advocate on your side.

2. Visit the open houses in your area. Take pictures, gather fliers, and ask questions. Get to know your competition, too.

3. Learn about the trends in your area and possible growth such as a new company moving to the area or an increase in hiring.

4. Ensure your house has a clean title and have the warranty documents available. Gather the appliance manuals and paperwork for things such as the roof, furnace, termite inspections, etc.

5. Take pictures and market the property. Follow the lead of agents in the area and see where and how they are marketing.

Now, sellers will choose a FSBO for a variety of reasons. One of the most popular reasons a seller may choose to sell a property on their own is to save money. The idea that you don't have to pay a commission to a real estate agent can be appealing to a lot of sellers. The commission can be a large percentage of the profits you stand to make off of the property. Most agents will charge a commission of anywhere from 2-6% and in this market; you may end up paying that out of your pocket.

When a house sells, there are fees and extras that must be paid at closing. You can get a good faith estimate of these costs and negotiate with the buyer but if they refuse to pay half or even some of it, you, the seller will be responsible for paying the fees. It can create a financial burden and you want to pay it in order to complete the sale. You'll feel pressure to pay the fees even if that means you can't take care of other bills.

Because the market is full of houses for sale, the buyers have an advantage.

They can choose from various houses and go with the house offering the best price. The houses will offer the same features and may even be in the same neighborhood. What the buyers are looking for at that point is the cost. Which of these houses will offer them the best value and the least amount of closing costs?

Concessions are a popular topic at the closing of a real estate transaction. They are basically what the seller will offer for a reduced price or to keep the price at the asking price. For example, the house may need a new roof. Rather than lowering the asking price, the seller can agree to fix it or give them buyer a check for that amount at closing. This allows the house price to remain the same and the mortgage amount to not change. By keeping things the same throughout the process, it can keep the closing on schedule and allow the statistics for the area to reflect a solid sale price.

When a seller uses FSBO to sell a home, they can still work out the closing concessions. But, due to the fact that there is no agent in the middle, the seller can offer greater concessions or even lower the asking price because there are no added costs. If a seller has to factor in a percentage to pay the agent's commission, they will have to maintain the asking price to cover that cost. Unless the seller wants to pay the agent from their own pocket, the final price will have to be enough to cover the extras.

There are some disadvantages to using the FSBO method of selling a property.

You may not have the time or energy to complete the process. It requires a lot of work to market a house, answer calls, and negotiate with potential buyers. Agents charge a fee for their time and expertise because they have usually gone to school and know how to work through the transaction. There can be complications during the closing, the inspections, and even with the buyer's financing. An experienced agent can work through the problems and will have probably seen the same types of problems. Rather than you having to hire a lawyer or take days to research a solution to the problem, an agent will have the answer or the ability to ask other agents who may have experience with the type of problem you are facing. Another disadvantage to a FSBO is that sometimes other agents will not show your house because there is no commission built into the asking price. You can solve this problem by offering a commission in your listing ad. It doesn't have to be a high amount but if your house is a great deal, agents won't mind an easy sale. They will view it as an easy sale if you have the house in showing condition and the paperwork prepared. They would rather have one sale and maybe a lowered commission than nothing at all.

A FSBO can be a great option for your house selling process if you have the knowledge and ability to follow through with the process. It can save you time and money, not to mention give you a sense of satisfaction when the sale is completed.

Now that you know how much work is involved with selling your house yourself, why don't you give yourself a jump start and submit your property information to iBuyHouses.com. We will get your property in front of our network of investors and you could get an offer as soon as today! All you need to do is submit your information!

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Privacy Policy

Last updated: September 10, 2020

This Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your information when You use the Service and tells You about Your privacy rights and how the law protects You.

We use Your Personal data to provide and improve the Service. By using the Service, You agree to the collection and use of information in accordance with this Privacy Policy.

Interpretation and Definitions

Interpretation

The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

Definitions

For the purposes of this Privacy Policy:

Collecting and Using Your Personal Data

Types of Data Collected

Personal Data

While using Our Service, We may ask You to provide Us with certain personally identifiable information that can be used to contact or identify You. Personally identifiable information may include, but is not limited to:

When You pay for a product and/or a service via bank transfer, We may ask You to provide information to facilitate this transaction and to verify Your identity. Such information may include, without limitation:

Usage Data

Usage Data is collected automatically when using the Service.

Usage Data may include information such as Your Device's Internet Protocol address (e.g. IP address), browser type, browser version, the pages of our Service that You visit, the time and date of Your visit, the time spent on those pages, unique device identifiers and other diagnostic data.

When You access the Service by or through a mobile device, We may collect certain information automatically, including, but not limited to, the type of mobile device You use, Your mobile device unique ID, the IP address of Your mobile device, Your mobile operating system, the type of mobile Internet browser You use, unique device identifiers and other diagnostic data.

We may also collect information that Your browser sends whenever You visit our Service or when You access the Service by or through a mobile device.

Tracking Technologies and Cookies

We use Cookies and similar tracking technologies to track the activity on Our Service and store certain information. Tracking technologies used are beacons, tags, and scripts to collect and track information and to improve and analyze Our Service.

You can instruct Your browser to refuse all Cookies or to indicate when a Cookie is being sent. However, if You do not accept Cookies, You may not be able to use some parts of our Service.

Cookies can be "Persistent" or "Session" Cookies. Persistent Cookies remain on your personal computer or mobile device when You go offline, while Session Cookies are deleted as soon as You close your web browser. Learn more about cookies: All About Cookies.

We use both session and persistent Cookies for the purposes set out below:

For more information about the cookies we use and your choices regarding cookies, please visit our Cookies Policy or the Cookies section of our Privacy Policy.

Use of Your Personal Data

The Company may use Personal Data for the following purposes:

We may share your personal information in the following situations:

Retention of Your Personal Data

The Company will retain Your Personal Data only for as long as is necessary for the purposes set out in this Privacy Policy. We will retain and use Your Personal Data to the extent necessary to comply with our legal obligations (for example, if we are required to retain your data to comply with applicable laws), resolve disputes, and enforce our legal agreements and policies.

The Company will also retain Usage Data for internal analysis purposes. Usage Data is generally retained for a shorter period of time, except when this data is used to strengthen the security or to improve the functionality of Our Service, or We are legally obligated to retain this data for longer time periods.

Transfer of Your Personal Data

Your information, including Personal Data, is processed at the Company's operating offices and in any other places where the parties involved in the processing are located. It means that this information may be transferred to - and maintained on - computers located outside of Your state, province, country or other governmental jurisdiction where the data protection laws may differ than those from Your jurisdiction.

Your consent to this Privacy Policy followed by Your submission of such information represents Your agreement to that transfer.

The Company will take all steps reasonably necessary to ensure that Your data is treated securely and in accordance with this Privacy Policy and no transfer of Your Personal Data will take place to an organization or a country unless there are adequate controls in place including the security of Your data and other personal information.

Disclosure of Your Personal Data

Business Transactions

If the Company is involved in a merger, acquisition or asset sale, Your Personal Data may be transferred. We will provide notice before Your Personal Data is transferred and becomes subject to a different Privacy Policy.

Law enforcement

Under certain circumstances, the Company may be required to disclose Your Personal Data if required to do so by law or in response to valid requests by public authorities (e.g. a court or a government agency).

Other legal requirements

The Company may disclose Your Personal Data in the good faith belief that such action is necessary to:

Security of Your Personal Data

The security of Your Personal Data is important to Us, but remember that no method of transmission over the Internet, or method of electronic storage is 100% secure. While We strive to use commercially acceptable means to protect Your Personal Data, We cannot guarantee its absolute security.

Detailed Information on the Processing of Your Personal Data

Service Providers have access to Your Personal Data only to perform their tasks on Our behalf and are obligated not to disclose or use it for any other purpose.

Analytics

We may use third-party Service providers to monitor and analyze the use of our Service.

Advertising

We may use Service providers to show advertisements to You to help support and maintain Our Service.

Email Marketing

We may use Your Personal Data to contact You with newsletters, marketing or promotional materials and other information that may be of interest to You. You may opt-out of receiving any, or all, of these communications from Us by following the unsubscribe link or instructions provided in any email We send or by contacting Us.

We may use Email Marketing Service Providers to manage and send emails to You.

Payments

We may provide paid products and/or services within the Service. In that case, we may use third-party services for payment processing (e.g. payment processors).

We will not store or collect Your payment card details. That information is provided directly to Our third-party payment processors whose use of Your personal information is governed by their Privacy Policy. These payment processors adhere to the standards set by PCI-DSS as managed by the PCI Security Standards Council, which is a joint effort of brands like Visa, Mastercard, American Express and Discover. PCI-DSS requirements help ensure the secure handling of payment information.

When You use Our Service to pay a product and/or service via bank transfer, We may ask You to provide information to facilitate this transaction and to verify Your identity.

Behavioral Remarketing

The Company uses remarketing services to advertise on third party websites to You after You visited our Service. We and Our third-party vendors use cookies to inform, optimize and serve ads based on Your past visits to our Service.

Usage, Performance and Miscellaneous

We may use third-party Service Providers to provide better improvement of our Service.

CCPA Privacy

Your Rights under the CCPA

Under this Privacy Policy, and by law if You are a resident of California, You have the following rights:

Exercising Your CCPA Data Protection Rights

In order to exercise any of Your rights under the CCPA, and if you are a California resident, You can email or call us or visit our "Do Not Sell My Personal Information" section or web page.

The Company will disclose and deliver the required information free of charge within 45 days of receiving Your verifiable request. The time period to provide the required information may be extended once by an additional 45 days when reasonable necessary and with prior notice.

Do Not Sell My Personal Information

We do not sell personal information. However, the Service Providers we partner with (for example, our advertising partners) may use technology on the Service that "sells" personal information as defined by the CCPA law.

If you wish to opt out of the use of your personal information for interest-based advertising purposes and these potential sales as defined under CCPA law, you may do so by following the instructions below.

Please note that any opt out is specific to the browser You use. You may need to opt out on every browser that you use.

Website

You can opt out of receiving ads that are personalized as served by our Service Providers by following our instructions presented on the Service:

The opt out will place a cookie on Your computer that is unique to the browser You use to opt out. If you change browsers or delete the cookies saved by your browser, you will need to opt out again.

Mobile Devices

Your mobile device may give you the ability to opt out of the use of information about the apps you use in order to serve you ads that are targeted to your interests:

You can also stop the collection of location information from Your mobile device by changing the preferences on your mobile device.

"Do Not Track" Policy as Required by California Online Privacy Protection Act (CalOPPA)

Our Service does not respond to Do Not Track signals.

However, some third party websites do keep track of Your browsing activities. If You are visiting such websites, You can set Your preferences in Your web browser to inform websites that You do not want to be tracked. You can enable or disable DNT by visiting the preferences or settings page of Your web browser.

Your California Privacy Rights (California's Shine the Light law)

Under California Civil Code Section 1798 (California's Shine the Light law), California residents with an established business relationship with us can request information once a year about sharing their Personal Data with third parties for the third parties' direct marketing purposes.

If you'd like to request more information under the California Shine the Light law, and if you are a California resident, You can contact Us using the contact information provided below.

California Privacy Rights for Minor Users (California Business and Professions Code Section 22581)

California Business and Professions Code section 22581 allow California residents under the age of 18 who are registered users of online sites, services or applications to request and obtain removal of content or information they have publicly posted.

To request removal of such data, and if you are a California resident, You can contact Us using the contact information provided below, and include the email address associated with Your account.

Be aware that Your request does not guarantee complete or comprehensive removal of content or information posted online and that the law may not permit or require removal in certain circumstances.

Links to Other Websites

Our Service may contain links to other websites that are not operated by Us. If You click on a third party link, You will be directed to that third party's site. We strongly advise You to review the Privacy Policy of every site You visit.

We have no control over and assume no responsibility for the content, privacy policies or practices of any third party sites or services.

Changes to this Privacy Policy

We may update our Privacy Policy from time to time. We will notify You of any changes by posting the new Privacy Policy on this page.

We will let You know via email and/or a prominent notice on Our Service, prior to the change becoming effective and update the "Last updated" date at the top of this Privacy Policy.

You are advised to review this Privacy Policy periodically for any changes. Changes to this Privacy Policy are effective when they are posted on this page.

Contact Us

If you have any questions about this Privacy Policy, You can contact us:

Security Page Purpose

The information contained within this document aims to provide a glimpse of the security measures our website employs to protect the integrity of our data and the privacy of our website users.

Data Encryption (SSL)

This site has chosen a thawte SSL Certificate to improve Web site security. “This website is secured using a Thawte Digital Certificate. This ensures that all information you send to us via the World Wide Web will be encrypted.”

Throughout iBuyHouses.com we have incorporated Thawte SSL Encryption providing up to 256-bit data encryption into our forms to handle the transfer of any personal data. All forms requesting personal information on this site will display a badge with the Thawte logo so you can be sure the form you are about to submit is secure. You may click on the badge to find out more about our SSL and verify that our certificate is valid.

What is SSL-encryption?

When you access our SSL-encrypted page, your browser validates our SSL-certificate by contacting the source of certification (Thawte Server CA). This way the browser ensures that it is connected to the server you have requested and not to an impostor. After successful validation, your data is ciphered with up to 256-bit-encryption and transmitted.