The Homepie EDGE | Part 1: Preparing for a Successful Sale By Owner
The Homepie EDGE | Part 1: Preparing for a Successful Sale By Owner
The GIST: Action Items
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Price it right: Do a Comparative Market Analysis (CMA) and use Homepie’s AVM tool to find a competitive price.
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Clean and declutter: Perform a deep clean and remove all personal items to create a blank canvas for buyers.
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Fix the must-haves: Address all safety and functionality issues, like roof leaks or sticky doors, before listing.
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Boost curb appeal: Tidy up the front of the home to make a strong first impression.
Preparing for a Successful Sale By Owner
The decision to sell For Sale By Owner (FSBO) is often motivated by the potential to save thousands in real estate commissions.1 However, the traditional FSBO model can be complex, and a core reason for its failure is the lack of specialized expertise in pricing, marketing, and legal paperwork.2 Homepie.com addresses these challenges by providing a guided platform with digital tools that empower the seller to act as their own agent.1
Accurate Pricing: Your Most Important First Step
Properly pricing your home from the start is the most crucial step.7 A common mistake is overpricing due to sentimental value, which can deter buyers, or underpricing, which means losing out on equity.2 To set a competitive price, you must conduct a Comparative Market Analysis (CMA) by studying recent sales of similar homes in your area.3
Homepie.com offers a free Automated Valuation Model (AVM) with its BASIC
listing, which provides a preliminary home value estimate as a starting point for your research.1 For a more professional valuation, the LUX
package includes an "Expert Manual Pricing Analysis" with a licensed agent.1
Method | Description | Cost | Accuracy | Source |
AVM | An automated online tool that provides a value estimate based on public data. | Free | Least Accurate |
Homepie's BASIC Listing 1 |
CMA | A detailed analysis of recently sold comparable homes in the area. | DIY Time/Research | More Accurate |
DIY research on sites like Zillow 3 |
Appraisal | A formal, professional valuation performed by a licensed appraiser. | Paid | Most Accurate |
Hired professional appraiser 3 |
The Pre-Sale Prep Checklist: Must-Haves vs. Nice-to-Haves
Preparing your home is a strategic process that involves making it as appealing as possible without overspending on projects that won't give a good return on investment (ROI).11
The must-haves are non-negotiable items that address safety, functionality, and basic maintenance.12 This includes fixing deferred maintenance like a leaking roof or cracked drywall, performing a top-to-bottom deep clean, and improving curb appeal by mowing the lawn and tidying the entryway.2
The nice-to-haves are strategic, low-cost upgrades that can offer a high ROI. Instead of costly renovations, a seller can focus on projects that create a fresh, neutral backdrop for a buyer's imagination.11 These include repainting bold walls with a neutral color, pressure washing the exterior, and updating old light fixtures.3 Staging and decluttering are also critical, and involve removing personal items and general clutter to create a "blank canvas."10
Category | Must-Have Tasks | Nice-to-Have Tasks | Reasoning |
Safety & Functionality |
Fix roof leaks, patch drywall cracks, realign sticky doors.12 |
Repair driveway cracks (if minor).11 |
Must-haves address safety concerns and deferred maintenance that would cause a home inspection to fail. |
Essential Cleaning |
Deep clean all areas, steam clean carpets, remove odors.8 |
Have carpets professionally cleaned.13 |
A spotless home signals it has been well-maintained and prevents buyers from being turned off by smells or dirt.2 |
Curb Appeal |
Mow the lawn, pull weeds, tidy the entryway.2 |
Pressure wash the house, add fresh mulch, paint the front door.13 |
Must-haves ensure a positive first impression. Nice-to-haves provide a high-ROI visual boost.11 |
Staging & Cosmetics |
Declutter visible areas, remove personal items and family photos.11 |
Repaint walls in a neutral color, update light fixtures, pare down furniture.13 |
Must-haves create a neutral, clean space. Nice-to-haves add a fresh, modern feel that can increase buyer interest.11 |
NEXT > Go to Homepie EDGE | Part 2: Marketing and Engaging with Buyers
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This Homepie EDGE 4 part series references data found in the following links, as of publishing date of 8.12.2025:
Based on the research, here is a list of the cited references from the article:
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https://sparefoot.com/blog/avoid-these-nine-for-sale-by-owner-mistakes-when-you-sell-your-home
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https://www.homelight.com/blog/how-to-sell-a-house-by-owner-in-wisconsin/
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https://www.bankrate.com/real-estate/how-to-sell-your-house/
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https://themortgagereports.com/33146/fsbo-your-complete-guide-to-for-sale-by-owner-transactions
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https://www.chase.com/personal/mortgage/education/owning-a-home/how-to-sell-a-house-by-owner
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https://themortgagereports.com/33146/fsbo-your-complete-guide-to-for-sale-by-owner-transactions
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https://www.hgtv.com/lifestyle/real-estate/15-secrets-of-home-staging-pictures
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https://www.homelight.com/blog/staging-a-house-while-living-in-it/
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https://blog.allentate.com/inexpensive-ways-to-prep-your-home-to-sell/
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https://www.houzeo.com/blog/paperwork-for-selling-a-house-without-a-realtor/
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https://www.homelight.com/blog/how-to-take-real-estate-photos/
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https://www.zillow.com/learn/listing-descriptions-that-sell/
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https://www.luxurypresence.com/blogs/a-guide-to-writing-property-descriptions/
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https://mystore.homepie.com/products/basic-plus-29-99-mo-mls-subscription
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https://www.houzeo.com/blog/paperwork-for-selling-a-house-without-a-realtor/
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https://mailchimp.com/resources/memorandum-of-understanding/
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https://eforms.com/purchase-agreements/property-disclosure-statement/
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https://www.bankrate.com/real-estate/how-to-sell-house-by-owner/