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How To Successfully Sell Your Home In Massachusetts Without A Realtor

Published on May 27, 2023

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How To Successfully Sell Your Home In Massachusetts Without A Realtor

An Overview Of The Sale By Owner Process For Massachusetts

Selling your home without a realtor in Massachusetts can be a daunting task, but it is possible with some preparation and attention to detail. Before you start, familiarize yourself with the state's real estate laws so that you understand the process and all of the necessary steps.

You will need to obtain disclosure forms to present to potential buyers so they are aware of any issues that may affect their purchase. After setting a price, you will need to find ways to market your home such as holding open houses or placing advertisements online.

When you receive offers from interested buyers, review them carefully and negotiate for an agreeable price. Once you accept an offer, there are several documents that must be signed and submitted such as a purchase and sale agreement, deed of trust and other closing papers.

Lastly, arrange an inspection of your property prior to closing so any necessary repairs can be completed before finalizing the transaction. With some diligence and patience, selling your home in Massachusetts without a Realtor is possible!.

Utilizing The Fsbo Method In Massachusetts

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For those looking to sell their home in Massachusetts without using a realtor, the For Sale By Owner (FSBO) method is a viable option. This process allows homeowners to take control of the sale of their property and save on realtor commission fees.

However, it is important to note that there are various steps involved for successful FSBO sales in Massachusetts. First, homeowners should familiarize themselves with local zoning laws and regulations by visiting their local municipality office or website.

Additionally, homeowners must understand all relevant taxation rules and file any necessary paperwork correctly. Homeowners must also be prepared to handle marketing and advertising efforts as well as negotiations with prospective buyers directly.

It is recommended that they price the listing competitively while still leaving room for negotiation with potential buyers. Finally, when an offer has been accepted, closing should be handled with the help of an experienced attorney in order to ensure the legality of all documents involved in the sale.

Utilizing these steps can help potential sellers successfully complete their home sale without the assistance of a real estate agent or broker in Massachusetts.

Advantages And Disadvantages Of An Fsbo Sale

Selling your home without the help of a realtor can be an appealing option for some home sellers in Massachusetts. While selling your home For Sale By Owner (FSBO) offers many advantages, such as the potential to save thousands in commission costs, there are also certain disadvantages that must be considered.

One of the biggest challenges is that FSBO sellers will have to do their own marketing and advertising. Additionally, they will be responsible for all negotiations and paperwork related to the sale, which can be time consuming and difficult.

Selling FSBO may also require more attention to legalities than a traditional sale since all contracts must be written correctly and up-to-date. Lastly, a FSBO sale may take longer because buyers often prefer to work with an agent or broker when making offers on homes.

Understanding both the pros and cons of an FSBO sale is key to successfully selling your home in Massachusetts without a realtor.

Alternatives To Consider When Selling A House By Owner In Ma

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When selling a house in Massachusetts without the help of a realtor, there are some alternatives to consider. For example, homeowners can list their property on online marketplaces such as Zillow or Craigslist and create an advertisement for potential buyers.

Advertising through these outlets can increase visibility of the property and make it easier to attract buyers. Homeowners may also contact local real estate investors who specialize in purchasing pre-owned homes directly from sellers.

This option can be more advantageous than traditional methods since it avoids realtor fees and commissions, but still provides access to qualified buyers. Social media platforms like Facebook Marketplace offer another alternative for marketing a home by owner in MA, with the added benefit of being able to target people in specific geographic areas.

Finally, sellers may choose to host open houses or advertise through local newspapers or publications in order to reach potential buyers directly.

Pros And Cons Of Selling Without A Real Estate Agent In Ma

When it comes to selling a home in Massachusetts without the help of a real estate agent, there are both pros and cons. The biggest benefit is that you will save money by avoiding having to pay the realtor’s commission.

Additionally, you can use free online resources like Zillow and Redfin to advertise your property, as well as social media sites like Facebook and Instagram. On the other hand, it can be difficult for you to determine what a fair market value for your home is and potential buyers may not take you seriously if you do not have an agent representing you.

Additionally, without the experience of an experienced realtor, it may be harder to negotiate with buyers or find creative ways to market your property. Selling a home in Massachusetts without a realtor requires research, patience and dedication in order to be successful.

Benefits Of Selling A Home By Owner In Massachusetts

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Selling a home by owner in Massachusetts is becoming increasingly popular as homeowners look to save money and take greater control of their home sale process. Not having to pay realtor commissions can significantly reduce the costs associated with selling a home, leaving more money in the homeowner's pocket.

Additionally, it allows them to be fully involved in all aspects of the sale and make sure that their interests are being represented throughout the transaction. Selling a home by owner also provides greater flexibility when it comes to arranging showings or timing certain parts of the process.

This can be especially beneficial if there are specific considerations that need to be taken into account such as school district changes, job relocations, or other life events. Furthermore, since the homeowner knows their property better than anyone else, they are in an ideal position to answer questions for potential buyers and provide information about features and benefits of owning the home.

Challenges Of Selling A Home By Owner In Massachusetts

Selling a home without the help of a real estate agent can be daunting, and Massachusetts is no exception. From understanding market trends to managing paperwork and inspections, there are numerous challenges that come with a for-sale-by-owner (FSBO) transaction.

In order to successfully sell your home in Massachusetts without a realtor, it is essential to familiarize yourself with state-specific laws and regulations as well as become educated on the current housing market. Homeowners should also be prepared for tasks such as marketing their property, handling showings, negotiating offers, completing paperwork, scheduling inspections and appraisals, and more.

Selling a home by owner in Massachusetts requires dedication and commitment from the seller in order to maximize success.

Avoiding Common Mistakes With An Fsbo Sale

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When selling your home without the assistance of a realtor, it is important to be aware of common mistakes and pitfalls that could lead to a less than successful sale. One of the most common hurdles for those selling their home without a realtor is pricing.

Many homeowners make the mistake of overpricing their home, thinking they will get more money from potential buyers, but this often ends in frustration as buyers are turned off by an unrealistic price or lack of bargaining room. It is important to do research on comparable homes in the area and work with an appraiser to find out what price range your home falls into.

Additionally, when selling your house on your own in Massachusetts you must be mindful of understanding all local and state laws. Make sure you are familiar with all paperwork that needs to be completed and properly filed when selling a property, such as disclosure forms, transfer tax forms, and deed forms.

Negotiating can also be tricky when selling a home without a realtor; practice listening carefully to potential buyers and know what things are non-negotiable for you before entering any conversation about price. Finally, it is essential to remember that marketing and advertising should not be overlooked; think outside the box when it comes to reaching potential buyers so you don’t miss out on any opportunities.

Finding Reliable Agents At Affordable Rates

Finding the right real estate agent in Massachusetts to sell your home without breaking the bank is essential for a successful sale. It’s important to thoroughly research any agents you consider hiring, and compare rates to find someone both reliable and affordable.

Start by asking friends or family members who have recently sold a home in Massachusetts for their recommendations. Online reviews can also be a great source of information on local agents, as well as the National Association of Realtors website.

Additionally, make sure to check with local real estate firms in the area you are selling - they may have agents with lower rates than more established companies. When interviewing potential agents, ask about their experience selling homes in your area and how they will market your property to maximize its value.

Be sure to get references from previous clients as well before signing any contracts so you can verify their past success rate. With some careful comparison shopping, you can find an experienced realtor who meets all your criteria at an affordable rate.

The Ultimate Guide To Selling Your Own Home Without A Realtor In Ma

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Are you looking to sell your home in Massachusetts without a realtor? If so, this guide will provide you with the ultimate tips and tricks for successfully selling your own home. From understanding the local market conditions in MA to preparing your home for viewings, there is a lot to consider when selling on your own.

First and foremost, it’s important to research the current housing market in Massachusetts, as well as familiarizing yourself with the state real estate laws. Once you understand these basics, it's time to list your property by taking professional photographs of your home and writing an accurate description of its features.

After that, you will need to create a plan for marketing and advertising your listing. You can do this through social media platforms or by using direct mailers.

Finally, be sure to carefully screen potential buyers and make sure they are serious about purchasing before opening up negotiations. By following these steps, you can successfully sell your own home without engaging the services of a realtor in MA.

How To Sell A House By Owner For Cash In Ma

Selling a house without the help of a realtor in Massachusetts can be an intimidating process, but if you are willing to put in the effort, it is possible to successfully sell your home for cash without any outside assistance. By understanding the local laws and regulations, preparing and pricing your home appropriately, marketing it effectively, and being aware of potential pitfalls, you can ensure a smooth transaction.

Start by familiarizing yourself with the state's real estate laws; consult with legal professionals if needed. You'll also need to determine the estimated market value of your home and set a fair price that will appeal to buyers; enlisting the help of an appraiser or doing research online can help.

Once you have price set, take steps to make sure your property looks its best so it stands out against other listings; this includes taking care of necessary repairs and making sure the exterior is well-maintained. Additionally, create detailed listing information which should include all relevant details about the property; sharing both online and offline will help you reach more potential buyers.

Lastly, be prepared for any contingencies that may arise during the sales process - from inspections to financing - as well as how you'll handle closing costs. Selling a house on your own requires dedication and hard work but if done correctly can result in a successful sale for cash in Massachusetts.

Understanding The Cost Of Selling Without A Realtor In Ma

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In Massachusetts, selling a home without the help of a realtor can be a daunting task. It is essential to have an understanding of the costs associated with selling your home on your own and the potential savings you may experience by going this route.

You can expect to pay more in closing costs when selling without a realtor due to the fact that they are typically responsible for handling these expenses. In addition, you may have to pay for legal and financial advice if you do not have expertise in these areas or need help with paperwork.

Advertising expenses can also be high since you will be taking on all marketing efforts yourself. However, there are many advantages to selling without a realtor, such as avoiding commissions which can be expensive and saving time by avoiding the lengthy process of finding an agent and then waiting for them to set up showings, etc.

Knowing what costs are associated with selling on your own is paramount for those trying to successfully sell their home in Massachusetts without using a realtor.

Exploring Regulations For Sellers In Ma Real Estate Market

When selling your home in Massachusetts, it is important to understand and comply with the necessary regulations. All sellers must be aware of the state’s real estate laws and regulations, including disclosure requirements, taxes, transfer fees, and inspections.

The first step in successfully selling your home without a realtor is to gain an understanding of all applicable laws in the area. Massachusetts requires that all transfers of real property over $500 are recorded through the Registry of Deeds in the county where the property is located.

Additionally, you must be sure to provide any disclosures that may be required by law on any material defects found on the property. In terms of taxation, the seller is responsible for any capital gains tax due unless otherwise required by a transfer tax or other local ordinance.

Furthermore, there are certain inspection requirements for septic systems or lead paint if applicable. It is also important to have an understanding of any transfer fees that may apply as well as other related costs such as title insurance.

Understanding these regulations can help you confidently complete the process when selling your home without a realtor in Massachusetts.

Should I Sell My House Without A Real Estate Agent?

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When it comes to selling a home, having the help of a real estate agent can be invaluable. Agents are experienced in the process of marketing and promoting properties, as well as negotiating with buyers.

However, if you're looking to save money and take on more of the responsibility yourself, you may want to consider selling your home without an agent in Massachusetts. It is possible to do so, but there are some important steps that need to be taken in order to successfully complete the sale.

First and foremost, research local laws and regulations pertaining to real estate transactions so that you have a clear understanding of what is required from both parties. You will also need to determine an accurate price for your home by researching comparable sales in your area and creating an effective marketing plan for attracting buyers.

Lastly, once your house is sold, make sure all paperwork is filed properly with local authorities so you can close the transaction quickly. Selling a home without a real estate agent involves hard work and dedication, but by following these steps you may just find it's easier than expected.

Alternatives To Selling Without An Agent In Massachusetts

Selling your home without the help of an agent in Massachusetts can be an intimidating prospect. Fortunately, there are a variety of alternative methods available to those who wish to go the route of selling by themselves.

One option is to use online home-selling services, which allow you to list and market your home on websites like Zillow and Redfin. Additionally, you can list the property yourself with a “For Sale By Owner” sign or advertise it in local newspapers or real estate magazines.

It’s also important to be aware of legal requirements and regulations when it comes to selling your home on your own, as well as research any potential taxes and fees associated with the sale. Furthermore, while an agent may have experience negotiating prices and contracts, it’s possible for sellers to do this independently as well if they are prepared and willing to put in time into researching comparable sales in their area prior to listing their home for sale.

Questions You Should Ask Before Listing Your Home By Owner

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Before you decide to list your home without the help of a realtor, there are some important questions that you should ask yourself. First, what is the current market like in Massachusetts? Knowing the state of the local housing market will help you understand if it is a good time to sell your home and what price range to list it at.

Second, do you have experience with contract negotiation and paperwork? Selling without a realtor means taking on these tasks yourself, so having prior knowledge of this process can be very helpful. Additionally, do you have enough time to devote to marketing your home and showing it to potential buyers? If not, enlisting the help of someone who does may be necessary.

Lastly, how much are closing costs typically in Massachusetts? This will ensure that you understand all of the costs associated with selling your home so that there are no surprises at the end of the sale. Answering these questions before listing will put you in a better position for success when selling your home in Massachusetts without a realtor.

How To Comply With Paperwork Requirements When Selling By Owner In Ma

When selling a home without the assistance of a realtor in Massachusetts, it is important to understand and comply with the paperwork requirements. The seller should begin by obtaining a copy of the Uniform Residential Real Estate Sales Contract, which must be used when selling a property without a realtor.

This document is available from the Massachusetts Association of Realtors (MAR). In addition to this contract, sellers must also obtain disclosure forms which detail any known defects with the property.

It is also important to provide potential buyers with copies of any existing leases or rental agreements on the property along with any other relevant documents such as town-mandated surveys or inspections. Buyers must also be made aware of all liens attached to the property prior to purchase and the seller should provide copies of these documents as well.

Lastly, all closing costs associated with the sale must be noted in writing and provided to both parties before closing.

Navigating The Fsbo Process Step-by-step In Massachusetts

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Selling a home in Massachusetts without a realtor can be a daunting task, but it is possible to do so successfully with the right knowledge and preparation. To get started, it's important to understand the FSBO (For Sale By Owner) process.

The first step is to understand what laws and regulations apply when selling a property in Massachusetts. Knowing the rules and restrictions that govern FSBO sales will help you avoid any potential legal issues.

Next, you'll need to price your property correctly by researching comparable homes in your area. This will help you determine an appropriate asking price that will attract buyers without pricing yourself out of the market.

Once you have established an asking price, you'll need to create an effective marketing strategy that utilizes both online and offline resources such as newspaper listings, open houses, and social media postings. Finally, negotiating offers from potential buyers can be tricky if you don't have experience in this area.

Consider consulting with a real estate attorney who can provide advice on how best to handle offers from prospective buyers.

Making Informed Decisions About Selling Your Home In Massachusetts

When selling your home in Massachusetts, it is important to make informed decisions that can help ensure a successful outcome. Researching the real estate market in your area and pricing your home accordingly is key to finding a potential buyer.

Additionally, understanding the costs associated with selling a home without a realtor can help you plan financially for the process. From determining closing costs to knowing when to hire an attorney or inspector, being aware of all the factors involved can help you make wise decisions about selling your home.

Preparing for showings by making necessary repairs and staging your home will also be essential in creating an attractive offer from buyers. Finally, being present during negotiations and keeping up with paperwork can help ensure that the sale of your home goes as smoothly as possible.

What Does A Real Estate Agent Do?

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A real estate agent plays an invaluable role in the process of selling a home, especially in Massachusetts. They help to market the property through listing services, create interest with buyers, and negotiate offers on behalf of the seller.

An agent is also responsible for providing advice on matters such as pricing and staging the home to maximize its attractiveness to potential buyers. Additionally, agents are knowledgeable about local regulations and paperwork that must be completed when selling a home in Massachusetts.

Real estate agents can also provide invaluable guidance during negotiations between buyer and seller, ensuring that both parties get a fair deal. Ultimately, using a real estate agent offers peace of mind throughout the entire sales process and can help ensure a successful sale at an optimal price.

How Do I Sell By Owner In Massachusetts?

Selling your home in Massachusetts without a Realtor is an attractive proposition for many homeowners. By selling your home by owner (FSBO), you can save on commissions, increase profits, and be in control of the process and timeline.

To successfully sell your home by owner in Massachusetts, there are several key steps to take: research the market, prepare to show your home, list your property and advertise it effectively, negotiate with buyers, and close the transaction. Researching the Massachusetts real estate market can help you determine a realistic asking price for your property.

Preparing to show your home involves cleaning and staging it so that it is appealing to buyers. When listing your property, consider different marketing channels such as online platforms or local newspapers.

Additionally, ensure that you provide potential buyers with detailed information about the property including photos and descriptions. Negotiating with buyers requires strong communication skills; be sure to remain professional throughout this process.

Lastly, closing the transaction requires transferring ownership of the deed and completing all other paperwork necessary for a successful FSBO sale in Massachusetts. With adequate preparation and careful planning, selling your home without a Realtor will be a successful endeavor.

How Do You Prepare For A Sale By Owner?

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In order to successfully sell your home without the help of a realtor in Massachusetts, it is important that you adequately prepare for the sale. Begin by researching the current market prices and trends in your area to determine an appropriate asking price for your property.

Then, create a detailed list of all of the features and amenities that make your home attractive. Consider investing in minor repairs or upgrades that could increase the value of your property.

Additionally, create detailed marketing materials such as a brochure or website to showcase your home and attract potential buyers. Finally, research local laws surrounding real estate sales so you are sure to comply with all necessary regulations during the process.

By following these simple steps, you can be confident that you are well prepared for a successful sale by owner in Massachusetts.

Do I Need A Lawyer To Sell My House In Massachusetts?

No, you do not need a lawyer to sell your home in Massachusetts. The process of selling your home without a realtor is known as a “For Sale By Owner” (FSBO) transaction and is legal in the state.

However, it is important to understand that there are certain steps that must be taken to ensure the process goes smoothly and successfully. A few of these steps include researching current market values in the area, understanding local laws and regulations, advertising the property for sale, negotiating with potential buyers, and closing on the sale.

Additionally, hiring an attorney can provide additional protection against potential legal issues when selling your home without a Realtor.

Do You Need A Realtor To Sell A House In Massachusetts?

Selling a home in Massachusetts without the help of a realtor is certainly possible, but it is also important to consider whether or not it is the best course of action. Realtors have extensive experience and knowledge of the housing market in their local area, and they may be able to secure a higher sale price than you would on your own.

In addition, a realtor will handle all the paperwork involved in the sale process, which can be tedious and time-consuming for homeowners unfamiliar with complicated real estate regulations. Furthermore, a realtor will be familiar with any potential buyers and can more easily negotiate on behalf of the seller.

On the other hand, if you choose to sell your home without a realtor in Massachusetts, you will save money by avoiding commission fees and have complete control over the sale process. You must be prepared to handle all aspects of marketing your home as well as handling paperwork yourself - from staging to open houses to pricing and negotiating offers.

Ultimately, careful consideration should be taken before deciding whether or not to hire a realtor when selling a home in Massachusetts.

Q: What should I consider when doing a sale by owner in Massachusetts, including comparative market analysis, listing broker, MLS, and Multiple Listing Service?

A: Doing a sale by owner in Massachusetts requires careful consideration of various factors. Comparative market analysis is key to understanding the current real estate market in your area. You may want to work with a listing broker to help you navigate the process and list your property in the MLS (Multiple Listing Service). This will increase the visibility of your property and make it more attractive to buyers.

Q: What are the benefits of using a Flat Fee MLS service when doing a sale by owner in Massachusetts?

A: Using a Flat Fee MLS service can help you maximize your exposure and get the most out of your sale by owner in Massachusetts. The listing broker will list your property on the Multiple Listing Service (MLS) for a flat fee, making it easier to reach potential buyers and to compare and evaluate market trends with comparative market analysis.

Q: What should I be aware of when doing a sale by owner in Massachusetts, with regards to email messages, binding contracts, home inspections, and warranties?

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A: When selling a property in Massachusetts as a for sale by owner (FSBO) it is important to understand the legalities involved. Any emails or messages sent between parties must be clear about the terms of the agreement and should be kept for reference. All agreements should also be formalized in binding contracts, signed by both parties. Additionally, home inspections should be conducted prior to closing and any warranties included should be clearly outlined in the contract.

Q: What should I know about valuation when doing a sale by owner in Massachusetts?

A: When conducting a sale by owner in Massachusetts, it is important to understand the value of your home. A comparative market analysis can help you to determine the estimated value of your home, as well as provide insight into current market conditions. It is also beneficial to consult with a listing broker or use an MLS (Multiple Listing Service) for further information on pricing and other details about the local real estate market.

Q: What tools are available to help me with a sale by owner in Massachusetts, such as mortgages, mortgage rates, fair housing laws and Multiple Listing Service (MLS)?

A: When doing a sale by owner in Massachusetts, it is important to understand the rules of fair housing laws and the MLS. You should also consider researching mortgages and mortgage rates that may be available to help you finance the transaction. Additionally, there are many online resources available that can assist with comparative market analysis, listing broker services, binding contracts and home inspections.

Q: What photography services should I consider when doing a sale by owner in Massachusetts?

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A: When selling your home in Massachusetts, professional photography is a must as it can be a key factor in helping to market and showcase your home. Professional photographs will help you create an effective online listing and ensure your property stands out from the competition. Additionally, having professional photos taken of your home prior to listing can help you better prepare for viewings and showings.

Q: What resources are available to help me finance a sale by owner in Massachusetts, such as loans, lending, and the internet?

A: When pursuing a sale by owner in Massachusetts, you should research all of the financing options available. Loans and lending institutions are two great resources to consider for financing. Additionally, you may find helpful information on financing through the internet, such as mortgage rates and financial advice. It is also important to keep in mind that all kitchen appliances must be included with the sale.

Q: What should I be aware of when doing a sale by owner in Massachusetts, regarding Homeowner's Association (HOA), home warranty, and home staging?

A: When doing a sale by owner in Massachusetts, it is important to consider the potential impact of the Homeowner’s Association (HOA) on the sale. You should also be aware that buyers may require a home warranty, so you should factor this into your budget. Additionally, it is important to consider home staging to ensure that your property appeals to potential buyers.

Q: How can I use a discount brokerage when doing a sale by owner in Massachusetts?

A: When doing a sale by owner in Massachusetts, using a discount brokerage can help you achieve your goals and save money. Discount brokers offer lower commission rates than traditional full-service brokers, and they will list the property on the Multiple Listing Service (MLS). They may also provide advice and guidance regarding staging, title issues, and other aspects of the sale process. However, you should be aware that discount brokers may not provide the same level of service or support as traditional full-service brokers.

Q: What steps should I take to do a sale by owner in Massachusetts, such as researching the market, setting a competitive price, staging my home and advertising?

A: When doing a sale by owner in Massachusetts, it is important to research the local real estate market to get an idea of what comparable homes are selling for. This will help you set a competitive price. You should also stage your home to make it more attractive to potential buyers. Finally, advertise your home through various mediums such as online platforms, newspapers and real estate agents to get maximum exposure.

Q: What strategy should I employ when remodeling or renovating to maximize the value of my home for a sale by owner in Massachusetts?

A: When remodeling or renovating to maximize the value of your home for a sale by owner in Massachusetts, it is important to consider factors such as comparative market analysis, pricing strategies, home inspections and warranties. Additionally, research into resources such as mortgages, mortgage rates and fair housing laws can help you make informed decisions about financing. Finally, staging your home and advertising are key steps to take when selling your home by owner.

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How To Do Sale By Owner in Massachusetts. How To Sell A House By Owner

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