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Young House Love » Moving, Selling, & Buying » Sweat Drops

| By Sherry Petersik | October 5, 2010 | 227 Comments

Sweat Drops

Holy bananas. We just stuck the For Sale sign in front of our house (the one in this post was photoshopped in case you couldn’t tell). Big day. So it’s official. Our house is really on the market.

For Sale By Owner Sign Up

We’re still in the process of doing a ton of things to woo potential buyers both inside and out (stay tuned for those details as we go) and we’re actually trying the for-sale-by-owner route… at least for a little while. Being such big DIYers it seemed odd not to give it a go (especially since my mom and dad have sold nearly every house they’ve ever owned themselves). Although we’re definitely not opposed to turning to a realtor if we don’t get much of a response in the coming weeks.

We’ll keep you posted. In the meantime we’ll be crouched down in front of the window staring at the little flier box to see if anyone stops to take our info sheet. We’re sure a lot of neighbors will grab one (after all, we do that whenever anyone else puts their house up, just to see what they’re asking and to compare our home to theirs) but we’re hoping some actual house-hunters will take notice too. Cross your fingers (and eyes) for us. Off to clean something within an inch of its life…

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Filed Under: Moving, Selling, & Buying

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Comments

  1. Avatar for JennaJenna says

    October 5, 2010 at 9:32 am

    Ya’ll will sell your house in no time! If I were in your area, I would snatch it up immediately!

    Reply
  2. Avatar for HilHil says

    October 5, 2010 at 9:33 am

    Crossing my fingers for you guys! Best of luck!

    Reply
  3. Avatar for JJ says

    October 5, 2010 at 9:35 am

    Good luck!! I’m sure you’ll get a buyer in no time. So what’s the process for selling by owner? We want to sell ours without a realtor. The cost is too hefty.

    Reply
    • Avatar for YoungHouseLoveYoungHouseLove says

      October 5, 2010 at 9:36 am

      Hey J,

      You just have to market the heck out of it yourself (in the newspaper, on craigslist, on forsalebyowner.com, etc). You can even pay to get it on MLS and do showings and open houses yourself. For privacy’s sake (since we don’t want the world to know our address) we’re just releasing that info to people who get pre-approved for a loan (so we know they’re the serious buyers). Then if we can get a buyer we write up a simple contract and hire an attorney to do all of the closing stuff for us (which is still a lot cheaper than a realtor). We’ll let everyone know if it works for us!

      xo,
      s

  4. Avatar for AngelaAngela says

    October 5, 2010 at 9:36 am

    Wow! It really is official.

    Could you show us the flier? Of course you could omit any information that you don’t want the blog world to know.

    Reply
    • Avatar for YoungHouseLoveYoungHouseLove says

      October 5, 2010 at 9:37 am

      Hey Angela,

      Sure thing! If we get a moment to edit one we’ll link to it for ya so you can check it out.

      xo,
      s

  5. Avatar for tarynkaytarynkay says

    October 5, 2010 at 9:37 am

    It would be cool to see your flier- with the identifying information blurred out, of course. It would just be interesting to see what you included vs. omitted, etc.

    Reply
  6. Avatar for annabelvitaannabelvita says

    October 5, 2010 at 9:38 am

    Good luck!
    My mum sold her first house at a party to a friend of a friend.

    Reply
  7. Avatar for RichardRichard says

    October 5, 2010 at 9:38 am

    ….if only I still lived in Richmond…sigh…

    Reply
  8. Avatar for KathleenKathleen says

    October 5, 2010 at 9:40 am

    Congrats! It’s official!
    We just moved into our 2nd home this summer, it was a whirlwind selling but totally worth it! Your house will go in no time! good luck!

    Reply
  9. Avatar for ChristinaChristina says

    October 5, 2010 at 9:42 am

    Best of luck!
    I keep trying to convince my husband we should move to Richmond just to buy your house. But unfortunately he’s not budging yet. Something about having jobs and a house here or such silliness.
    But the new owners sure will be lucky!

    Reply
  10. Avatar for LindaLinda says

    October 5, 2010 at 9:42 am

    Good Luck
    :)

    Reply
  11. Avatar for Ashley @ sunnysideshlee.comAshley @ sunnysideshlee.com says

    October 5, 2010 at 9:43 am

    How has the search for your NEW house been going? Do you have any leads or are you waiting til you start serious negotiations with your current casa?
    -ashley :)

    Reply
    • Avatar for YoungHouseLoveYoungHouseLove says

      October 5, 2010 at 9:44 am

      Hey Ashley,

      We’re just starting that process, but we’ll definitely post about it as we tour things that we like and don’t like. We’re gonna definitely keep things diary-style so you guys can see what’s going on as it happens.

      xo,
      s

  12. Avatar for MichelleMichelle says

    October 5, 2010 at 9:46 am

    Good luck John and Sherry! I have actually told my realtor about your house, and asked him to see if he has any clients looking for a ranch in your area :)

    Reply
    • Avatar for YoungHouseLoveYoungHouseLove says

      October 5, 2010 at 9:47 am

      Aw thanks Michelle!

      xo,
      s

  13. Avatar for JasmeenJasmeen says

    October 5, 2010 at 9:50 am

    Are you guys planning on buying your next house without an agent?

    Reply
    • Avatar for YoungHouseLoveYoungHouseLove says

      October 5, 2010 at 9:51 am

      Hey Jasmeen,

      We’ll probably use a buyers agent since that’s something covered by the seller (so it’s no expense to us and we might be able to negotiate a better deal).

      xo,
      s

  14. Avatar for Chrsitie DeSilvaChrsitie DeSilva says

    October 5, 2010 at 9:53 am

    So excited for you four! What’s on your wish list for your next place, or do you already have one in mind?

    Reply
    • Avatar for YoungHouseLoveYoungHouseLove says

      October 5, 2010 at 9:53 am

      We’re on the hunt and will share our likes and dislikes (still forming) as we go!

      xo,
      s

  15. Avatar for RebeccaRebecca says

    October 5, 2010 at 9:54 am

    There is no doubt in my mind that you guys will be able to sell your house on your own! This post alone is wonderful press :)

    And staging does wonders, we sold our condo a little over a year ago, in record time for our complex, for very close to asking price, to a young couple that wanted nearly everything in it. I would bet money you guys will do the same!

    Reply
  16. Avatar for MadelaineMadelaine says

    October 5, 2010 at 9:54 am

    I agree with J. You are going to have to post about the “for sale by owner” process. I’m sure you’s will go in a snap, but good luck anyway!

    Reply
  17. Avatar for Jessica @ How SweetJessica @ How Sweet says

    October 5, 2010 at 9:55 am

    Good luck!

    Reply
  18. Avatar for RebeccaRebecca says

    October 5, 2010 at 9:56 am

    You guys will have a bidding war! No joke, people will be lined up to get your amazing home!! Good Luck.

    Reply
  19. Avatar for SophieSophie says

    October 5, 2010 at 9:57 am

    This makes it seem so… Real!
    I’m excited and sad at the same time, your house makes me wish I lived in Richmond, not London!

    Reply
  20. Avatar for Cait @ Hernando HouseCait @ Hernando House says

    October 5, 2010 at 9:57 am

    I’m sure your gorgeous (gourd-geous? it is fall after all) house will sell quickly! Good luck!

    Reply
  21. Avatar for Emily REmily R says

    October 5, 2010 at 9:57 am

    If you do end up needing an agent let me know! =) Im in your area and would LOVE to help!

    Reply
  22. Avatar for KellyKelly says

    October 5, 2010 at 9:58 am

    Good Luck with the sale of your home…I am so sure it will sell quickly…you have amazing taste and your house is beautiful!! What are your plans when you sell and move?
    Kelly

    Reply
    • Avatar for YoungHouseLoveYoungHouseLove says

      October 5, 2010 at 9:59 am

      Hey Kelly,

      We’ll keep you posted about everything we go through when it comes to selling, house hunting, packing, moving, and setting up our new house!

      xo,
      s

  23. Avatar for Jenn L @ peas and crayonsJenn L @ peas and crayons says

    October 5, 2010 at 10:01 am

    OMG Good luck!!!! I know you guys will be able to find a new owner for that gorgeous house! And now you get to play around with a new one? fabulous! I can’t wait to own one day =) There’s sooo many more projects you can do when you aren’t renting (i’m on my 6th rental! eep!) so yeah… best of luck! =)

    Reply
  24. Avatar for AllisonAllison says

    October 5, 2010 at 10:02 am

    Good luck with potential buyers! If I had the means I would totally make you an offer…I’m kinda kicking myself that I can’t.

    Reply
  25. Avatar for Allison @ House of HepworthsAllison @ House of Hepworths says

    October 5, 2010 at 10:03 am

    I’m sure with all your fame there will be lots of people who read your blog who will want to buy your house! Good luck selling it yourselves. I’m sure you’ll have it sold in no time (and will get to save all that $$$ by not paying a Realtor!)

    Good luck!!!

    Reply
  26. Avatar for TGTG says

    October 5, 2010 at 10:05 am

    How long will you try the FSBO method before seriously considering a realtor? (Your gorgeous home will probably sell with in a month.)

    Reply
    • Avatar for YoungHouseLoveYoungHouseLove says

      October 5, 2010 at 10:06 am

      Hey TG,

      That depends if we find a house we like right away or not. We’re figure things out as we go people! But we’ll keep you posted with updates!

      xo,
      s

  27. Avatar for JillJill says

    October 5, 2010 at 10:05 am

    Just a little bit of reiteration here, but…

    Your house speaks for itself. You’ve put so much time and effort and WORK into this place that I doubt you will have any trouble selling. And on the plus side, I think your fame (yes, you guys don’t like to hear it but you are famous in a lot of respects) will help your house market itself. Good luck to you both and I can’t wait to see what’s in store for you guys (both on the house hunting and new home remodeling front)!

    Reply
  28. Avatar for KristinKristin says

    October 5, 2010 at 10:06 am

    Good luck for selling your house, although it’s bittersweet!

    You’re lucky that you do not have to publish your address on the blog (I think it’s a very wise decision, especially for an home improvement blog), as in germany it is mandatory to publish it and you can receive a costly warning / C&D if you do not do so…

    Reply
  29. Avatar for StaceyStacey says

    October 5, 2010 at 10:07 am

    Best of luck!

    Reply
  30. Avatar for SarahSarah says

    October 5, 2010 at 10:07 am

    Congratulations! Would you be willing to talk about some general things that people should do when they’re getting ready to sell their house? I’m getting ready to move into my parent’s house and one of the reasons is that they need someone to make it sell ready (they are in another house). I’d love some generic tips!

    Reply
    • Avatar for YoungHouseLoveYoungHouseLove says

      October 5, 2010 at 10:08 am

      Hey Sarah,

      Of course! We’ll share those details as we go!

      xo,
      s

  31. Avatar for DonDon says

    October 5, 2010 at 10:08 am

    Re: Comment about using a buyers agent

    While the seller does pay it,it’s still an expense that the buyer pays through a higher sale price. If you’re unrepresented and don’t say anything, the seller’s agent gets the full commission. But it’s something you can easily negotiate before placing an offer (tell the seller’s agent you’re unrepresented and you’ll only bid if they drop their commission). The seller’s agent makes the same as if they were selling to someone who’s represented by a buyer’s agent. That frees up the seller to take approximately 3 percent less.

    Ask yourself if the advice you’ll get from a real estate agent is worth the 2.5% to 3% (plus interest).

    Reply
    • Avatar for YoungHouseLoveYoungHouseLove says

      October 5, 2010 at 10:09 am

      Great tip Don! Good to know!

      xo,
      s

  32. Avatar for CrystalCrystal says

    October 5, 2010 at 10:08 am

    “OFFICE ME”
    I would a work space that is open, but with a grandview (of the beach would be nice).

    Reply
  33. Avatar for CaroleCarole says

    October 5, 2010 at 10:08 am

    good luck, I am sure all will go well (and quickly) for you!

    one little trick we tried that our buyer said she paid attention to–we wrote down all of the showings on a large calendar in the kitchen…some days we had 3 or 4 showings, and seeing that on the calendar increased the buyer’s sense of urgency to make a (more than full price) offer!

    Reply
  34. Avatar for LisaLisa says

    October 5, 2010 at 10:10 am

    Get out!! I would buy your house in an instant, but sadly we are stuck to apartment living for the next few years. Good luck! Sure it will sell in no time!

    Reply
  35. Avatar for LaurenLauren says

    October 5, 2010 at 10:11 am

    Good luck! I’m definitely interested to learn about your experience with the for-sale-by-owner process. A house on our street had an open house a few weeks ago so we stopped by…and saw two other neighbors while we were there! I’d also like to add to the previous requests to see your house flier (with all the location info blocked out, of course!).

    Reply
    • Avatar for YoungHouseLoveYoungHouseLove says

      October 5, 2010 at 10:12 am

      Hey Lauren,

      Will do!

      xo,
      s

  36. Avatar for LaurenLauren says

    October 5, 2010 at 10:11 am

    I love these short, personal posts! Good luck selling your house! Although I’m sure you will have no trouble, since I envy it everyday.

    Reply
  37. Avatar for RabbitRabbit says

    October 5, 2010 at 10:12 am

    Good luck and have fun! Very excited for you guys :)

    Reply
  38. Avatar for SaraSara says

    October 5, 2010 at 10:12 am

    Judging by your blog it’s a SHOE in for a quick sale… what with everything being so beautiful and PERFECT. Makes me wish I was still living in Richmond!

    Reply
  39. Avatar for JamieJamie says

    October 5, 2010 at 10:12 am

    Evidently I missed something! I didn’t know you guys were selling. Good luck, and I can’t wait to see the new place!

    Reply
  40. Avatar for liz @ bon temps beignetliz @ bon temps beignet says

    October 5, 2010 at 10:13 am

    lol @ y’all hiding by the window. I would totally do that.

    Keeping my eyes crossed for you!!!

    Reply
  41. Avatar for christachrista says

    October 5, 2010 at 10:13 am

    I’m really excited to be able to watch you guys go through this process and to learn some dos and don’t for when we put our house up for sale (hopefully in May…) and buy a new one (hopefully somewhere warmer!)

    Good luck!

    Reply
  42. Avatar for KatieKatie says

    October 5, 2010 at 10:14 am

    Good for you! We sold ours on our own last year (DIY’ers all the way), and while it was a bit of a roller coaster ride, we are glad we did it! Only took 4 weeks (and 2 open houses) to have an offer. Good luck and just don’t get discouraged – you won’t believe the things people will say (good & bad) about your house right in front of you!!

    Reply
  43. Avatar for Valerie ReedValerie Reed says

    October 5, 2010 at 10:14 am

    Good luck! We are in the process of selling our place to. We sold our first house on our own and it was a great expereince but with the market so tight right now we went the route of paying to have it listed on MLS. No luck yet but we hope everyday that it changes! Keep us posted on your diy home sale efforts! Thanks!

    Reply
  44. Avatar for MeganMegan says

    October 5, 2010 at 10:15 am

    I think your house will sell very quickly!! Maybe we should start a betting pool….. I bet its sold within 3 weeks!

    Reply
  45. Avatar for kelsey Moorekelsey Moore says

    October 5, 2010 at 10:18 am

    we sold our last house FSBO and it wasn’t no big deal. we posted it on a ton of websites and it worked! good luck!

    Reply
  46. Avatar for NicoleNicole says

    October 5, 2010 at 10:18 am

    I have a feeling your house will be the market too long. ;)

    Reply
  47. Avatar for NicoleNicole says

    October 5, 2010 at 10:19 am

    Sorry! Will NOT be on the market too long. Having trouble typing with a 7 week old in my arms! :)

    Reply
  48. Avatar for KellyKelly says

    October 5, 2010 at 10:20 am

    Good luck!! I am sure you will sell it very soon! I wonder if it will be a YHL fan that buys it? Very exciting!!

    Reply
  49. Avatar for LinLin says

    October 5, 2010 at 10:21 am

    Although I am sure you have made up your mind on doing a FSBO, I might caution you (knowing several people who have done this) that those who do a FSBO tend to quite a bit less, on average, than people who use a realtor. This tends to be for several reasons, including under-appraising the home, or the fact that many people searching for homes see a FSBO as a “deal” and underbid consistently because of this. I’m sure your presence on the web will help, but in the case that the interested buyers are non-readers, you might just want to keep this in mind. I am not a realtor, btw, just someone who just sold their house and has some experience in that area. In the long run, saving 6% on a realtor might not be that much when you look at the potential loss you might leave on the table if you do a FSBO (studies have shown that is the average loss on a FSBO is 11%). Just my 2 cents.

    Reply
    • Avatar for YoungHouseLoveYoungHouseLove says

      October 5, 2010 at 10:22 am

      Hey Lin,

      We actually got an appraisal on our home since we made so many improvements (which helps to show buyers that our house is worth as evaluated by a pro). We’re not opposed to going the realtor route if this doesnt work out, but since my family has done it many times and because we’re DIYers at heart we gad to try! Will keep everyone posted!

      xo,
      s

  50. Avatar for StefaniStefani says

    October 5, 2010 at 10:21 am

    This may have already been answered in another post, but how do y’all feel about selling your house furnished? Especially if someone finds it through YHL, they may want to buy the whole kit and caboodle!

    Reply
    • Avatar for YoungHouseLoveYoungHouseLove says

      October 5, 2010 at 10:22 am

      Hey Stephani,

      We’re planning to leave a lot of stuff behind if the buyer is interested but some things are too sentimental to walk away from! We’ll explain more as we go.

      xo,
      s

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