FSBO Open Houses – What If You Get An Offer?
You’ve decided to sell your home yourself and decide to have an open house to show off the property. Potential buyers come and you get an offer. What now?
Qualifying Buyers
Your home is looking sharp and you’ve got the word out telling people about the open house. Now you need to be prepared to take action if a qualified buyer attends, likes your home and wants to buy it.
Most qualified buyers will have a strong lender letter. If one of them wants to buy, you can move on to the next step. There may be people who come to your open house who would like to buy but don’t yet have a lender letter. Let me suggest a mutually helpful alliance for dealing with that situation.
Call several lenders before you schedule your open house. Tell them you’re planning an open house and you’d like to have a lender on hand to help buyers (even if they don’t want to buy your home) figure out what they can afford. Tell them you’d also like them to help you evaluate any lender letter you’re offered by a potential buyer. Choose the lender you feel most comfortable with...
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