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Using Craigslist To Sell Your Home

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You have heard me talk about the use of craigslist for selling your home, and I would be a hypocrite if I didn’t try it myself. We have been trying to sell our condo for the past three weeks now, and we have had TREMENDOUS success with our Craigslist ad. In three weeks, we have had 6 quality leads and one bid on our condo, whcih we turned down, because the offer was too low. What’s the trick? There is no trick. Here is what we did:

  1. Wrote a quality description with all of the most important information just as a realtor would write on a flier or the MLS database.
  2. Put four bright photos of the most important rooms or features in your home. Craigslist only allows you to put four photos for free. I am not sure if you can buy extra photos, but I’ll look into it.
  3. Relist your ad every other day. Craigslist sorts by the most recent day, so you need to keep updating the ad so it shows up on the top of the list every day.
  4. Watch the buyers role in!

The great thing about these leads has been NO REALTORS. We said in our ad, “No Real Estate Agents Please”. If we end up selling our condo from a referral on Craigslist, we will have sold our home commission free and paid nothing to market it! Does that sound like a good deal? If you are unfamiliar with Craigslist, get yourself acquainted with this wonderful free classified ad website. You can not only sell your house, but you can sell your car, furniture, or old clothes. Try it and see what kind of results you get. If any of you have had good experiences selling your stuff or even your home on Craigslist, write a comment to share with everyone.

Erik Folgate
Erik and his wife, Lindzee, live in Orlando, Florida with a baby boy on the way. Erik works as an account manager for a marketing company, and considers counseling friends, family and the readers of Money Crashers his personal ministry to others. Erik became passionate about personal finance and helping others make wise financial decisions after racking up over $20k in credit card and student loan debt within the first two years of college.

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