For-Sale-By-Owner

See a Lawyer's
Honest Description
of the Litigation
Process

The Successful FSBO (For-Sale-By-Owner)
Exact Steps to Selling Your Own Home

Here is what a successful FSBO looks like. Leaving out any one of these,
or not doing any one or more of them well, could either kill your transaction
or end up in expensive and stressful litigation. Where hypertext is
included, you can read an expanded explanation. You must have:

An Accurate assessment of the market and a comprehensive plan
A good appraisal of the property (or accurate CMA);
A well planned a dvertising schedule ;
In the best available advertising mediums within budget;
Possession of Documents needed to comply with the law for the type
of property being sold, including legally required addendums;
A thorough understanding of the common legal issues that create
problems for Sellers in order to practice preventive law;
A sufficient understanding of structural, mechanical, and electrical
systems in order to practice preventive law and avoid claims of
misreprsentation ;
A sufficient understanding of who and how to work with key
professionals, such as surveyors, appraisers, loan officers,
mortgage brokers, title officers, escrow officers or LPOs, possibly the
Buyer's attorney or Realtor, septic inspectors, building inspectors,
sometimes hydrologists;
The equivalent of an expert's knowledge on contract drafting as well
as above-average expertise of the English language and grammar,
all required to avoid serious legal problems (ambiguities are a very
common area of litigation in contracts);
Possession of expert negotiation skills ;
Possession of the patience of Job;
Possession of the ability to pay attention to details and to follow
through on numerous details (much more significant than it sounds);
Commitment to be the transaction supervisor, meaning responsibility
over all parties involved in getting the transaction funded and
closed. Someone needs to make sure everyone is getting their job
done on schedule. Do not assume they will without adult supervision.

Free Special Report: 9 Deadly Mistakes Sellers Make
Written From a Realtor's Perspective

If you leave any of
these details of
your transaction to
the other party,
you are giving away
a lot of power and
giving up control of
your position in the
transaction.

Any details of your
transaction that
you delegate to
someone else are
details that are no
longer under your
control.

Dear For-Sale-By-Owner,

I hope all this information is helpful to you. I want to take just a couple of
seconds of your time to explain my motivation. I've spent almost my entire adult
life learning how to sell and buy real estate, a fortune in education to be a real
estate attorney, degrees, etc., and I've spent half my life learning how to market
and sell. As you can see from my profile, I've also handled hundreds of
transactions (maybe it's thousands now) as a Realtor and Real Estate Attorney.
I really want all those years to mean something and be helpful to you. But I also
know that 80% of all For-Sale-By-Owners do end up listing with a real estate
agent. If you do decide to list, will you consider me as your listing Realtor? I

promise you all my knowledge and experience will work for you, and I promise you absolute honesty
and diligence. In other words, I'll do a fantastic job for you--meaning, I'll get you the best possible
price and keep you out of traps for the unwary. The next step, if you are interested, is to call me. I'll
come to your home, and we can talk while you decide if I'm the kind of person you would like to work
with. I look forward to your call and meeting you.

                                                                  Very truly yours,
                                                                  Chuck E. Marunde, J.D.
                                                                  Broker/Owner, Sequim & Port Angeles Real Estate, LLC
                                                                  (360) 775-5424

S elling Home
Checklist

Your Real Estate
Consultant, Chuck
Marunde, says: