All 5 easy, descriptive steps are listed & linked at the end of this post.
1. For Sale By Owner sign, Open House sign ($15 & $7, hardware store)
2. Info Tube ($15, hardware store)
4. Local Paper Ads
Here's the deal. I live in a city of many older conservative people. I decided to give this effort all that I had from the beginning. As much as it killed me, I spent $99 to list the home in the local paper for 30 days (including their website). It was killer to spend $56 each weekend for an Open House Ad, but I learned the hard way that craigslist.org wasn't bringing buyers to my Open Houses. When the local paper messed up & didn't run my Ad one weekend, only 2 people came. They didn't come 'til the last few minutes because they saw my sign on their way to another open house nearby. I hope your paper charges less!
5. $500 to the friend who's referral led to the sale of our home.
I used Facebook to advertise my house for sale (status updates, links, photo album)
To reach the largest local audience, I sent a message to every local friend offering them $500 if their referral led to the sale of our home by owner. Unlike say, $50 or $100, $500 is enough incentive for friends to spread the word on your home (give them links to your website, photo album, etc and suggest they share it via facebook, twitter, blogs, & word of mouth).
We didn't end up having to give $500, because it was our flyer in the infotube that got the buyer into our home. It would have been worth $500, not to have to pay 6% to a Realtor.
*Another resource I didn't have to use, but planned to use if my 14 day FREE trial at forsalebyowner.com ran out before my house was sold (which it didn't!) is www.why6percent.com , where you can get an MLS# for a flat fee. This significantly increases your home's visibility. The catch is, you will want to consider offering to pay a buyer's agent 3% commission. Still better than 6%.
I used Facebook to advertise my house for sale (status updates, links, photo album)
To reach the largest local audience, I sent a message to every local friend offering them $500 if their referral led to the sale of our home by owner. Unlike say, $50 or $100, $500 is enough incentive for friends to spread the word on your home (give them links to your website, photo album, etc and suggest they share it via facebook, twitter, blogs, & word of mouth).
We didn't end up having to give $500, because it was our flyer in the infotube that got the buyer into our home. It would have been worth $500, not to have to pay 6% to a Realtor.
*Another resource I didn't have to use, but planned to use if my 14 day FREE trial at forsalebyowner.com ran out before my house was sold (which it didn't!) is www.why6percent.com , where you can get an MLS# for a flat fee. This significantly increases your home's visibility. The catch is, you will want to consider offering to pay a buyer's agent 3% commission. Still better than 6%.
photo: infotube.net