How to Sell a House by Owner in Florida

Table of Content

• Sign a Florida listing agreement and seller disclosures
• Consider listing on the MLS
• Unsure About Selling FSBO in Florida?
• Florida disclosure forms
• Bottom line: Selling your Home Without a Realtor in Florida is Easy
• Should You Sell Your House by Owner in Florida In 2022? See the Data!
• Is selling a house without a realtor worth it in Florida?

Once your property is ready for showings, it is critical to manage the showings effectively. You can either opt for online showing tools or host an open house. A clean and well-prepared home combined with the correct marketing strategy can help you attract a large number of buyers. Apart from Flat Fee MLS Listing Companies, there are three other types of discount real estate brokers you can choose from.

But there are a few things you need to consider before you make the decision to go the FSBO route. Given that a home sale is a significant real estate transaction, expect a lot of paperwork. In this section, you’ll learn about all the legal documents that are involved when selling by owner, from the ones needed before the listing up to when you are closing the deal. Avoiding agent commission is the main reason why many Florida home owners choose to sell for sale by owner.

Sign a Florida listing agreement and seller disclosures

Click here to learn how our “3 Step Home Buying Process” works ⚙ to put cash in your pocket ASAP ➡️. When listing your home online, it’s important to have high-quality photos to attract potential buyers. Consider hiring a professional photographer to take pictures of your home. This will help show potential buyers the best features of your home and make it stand out from other listings. If you want to list the property on the MLS there are flat fee services that charge 100$. You will have to pay a buyer’s agent fee also which would be 2%-3%.

You can find most of this information online on sites like Zillow.com, Redfin.com, etc. Going the FSBO way does not mean you should not get any help along the way. You will still sell your house yourself, but MLS will accord you a higher level of exposure and the kind of buyers you are eyeing. Look at properties that sold the fastest and try to determine what they did right. Study the language on the listing, the description, photos, and so on. Your realtor will likely need your spare house keys and garage door openers to hand over to the buyer’s agent, so the buyer can gain access to the home.

Consider listing on the MLS

Northern buyers from states like Pennsylvania, New Jersey, and Virginia are moving to Florida. Florida demographics experts expect a net population growth of 849 people per day in the coming years. Gather your title, loan documents, survey, insurance information, and any permits for renovations and have them ready for closing.

The site includes all the forms you'll need, like a contract, addendum, and seller's disclosure. Houzeo’s two most popular packages come with only 10 free listing changes for price, status, and description. Add-ons like agent showings, contract reviews, and professional showings are available at an additional cost. You save time creating your listing thanks to Houzeo’s auto-fill feature, which uses publicly available data about your property. A property tax disclosure summary outlining the amount of expected taxes for the property. The buyer should not expect their taxes to be the same as the prior owner's , which may factor into affordability.

Unsure About Selling FSBO in Florida?

Most of the paperwork has already been completed on your end. Ask your agent if you need to attend your closing in person, if you can sign any remaining paperwork digitally, or if need to give your agent power of attorney to close. Lenders often require buyers to get an appraisal to determine the home’s fair market value and to be certain that the home is worth its purchase price. Sellers usually don’t get to see the buyer’s home inspection report. But the buyer might ask you to fix any defects or serious issues discovered in the inspection .

Hiring a real estate agent – rather than opting for to “sell a house by myself” in Florida – does have certain advantages. Let’s dive into the reasons owners opt for the traditional approach. The most obvious pro of selling by owner is the money you can save on commissions. Closing costs will vary based on your city and title company fees. We have heard there are instances where for sale by owner sellers used non-standard agreements and got sued. This is a fast and effortless way to start the for sale by owner process.

Florida disclosure forms

There are websites where you can pay a minimal fee that will list your property on the MLS. By using social media, you can get your property in front of thousands of people with one click of a button. If you happen to work with a seller’s agent, they might push you to take the first available offer. Selling your house without an agent will save you money, but their expertise and efforts might outweigh the savings in some cases. We've improved the traditional real estate model with modern technology to cut costs, not quality. Before listing your home, find out how it compares to others in your local market.

Since every tax situation is unique, we strongly advise that you meet with a tax accountant to understand the tax implications of your home sale. However, here are three types of taxes that may affect the sale of your Florida home. Other expenses are not compulsory, but you may want to consider investing in your property for a speedy and successful sale. You can also consider hitting an appraiser or property value to appraise your home and give you a more accurate asking price figure.

If your buyer is taking out a mortgage and you agreed to certain seller's concessions, you may need a copy of their closing disclosure to verify the lender approved your concessions. If you are selling a house you inherited, you'll need copies of all legal documents that passed ownership to you. Documentation proving any major repairs or changes to the house help verify its value. These receipts also provide buyers with information about who to contact if they discover issues with the repairs in the future. If you had a pre-sale inspection, you'll want the results to compare to the buyer's inspection. If having a buyer's inspection was part of the sales agreement, you should receive a copy of the results before closing.

You can save thousands in commissions by selling your home by owner in Florida with a sophisticated For Sale By Owner platform like Houzeo. The average realtor commission in Florida for a house sold at $450,000 is around $27,000. Listing with a high-tech website like Houzeo.com saves you the listing agent commission.

How does your house look to a stranger standing out in the street? The siding, landscaping, and hygiene of your house’s exterior will determine how many people will want to view the inside and make an offer. This step is simply about giving house buyers what they want. Think about the specific you prioritized when you purchased the home, then deliver that and more. If the houses are being sold using a realtor, the realtor will most likely bring their A-game on this.

It includes the assistance of a licensed broker to help you with negotiations, disclosures, and closing. This includes everything competitors like Fizber.com charge $399 for. In addition, you can make unlimited changes to your listing. You can sell your Florida home “as is” by owner with Houzeo.com.

Should You Sell Your House by Owner in Florida In 2022? See the Data!

This service will cost $400-$800 depending on the type of property. You can also reach out to a local cash home buyer in your area who can provide these documents for free. Professional agents already have tools and people they can reach out to sell your property. If you are terribly busy between family commitments, your job, and other obligated activities, hiring a real estate agent might be a better option. So even if you decide to go with a full-service brokerage, having this option gives you leverage so the agent will have to be more competitive with their services and fees. Start with old school word of mouth marketing to get people to start talking about the opportunity.

You have 100% control of the process and you set the pace of the sale. If you answered yes, selling without an agent might be a good option. There is another option which would be to sell direct to a professional home buyer in Florida.