Disclaimer: While we’ve done our best to research laws, guidelines, and policies related to the topic of “how to sell a house by owner in Kansas,” HomeLight always recommends that you look into the local regulations for your area and when in doubt, consult with an advisor. When the time comes to move, some tenacious homeowners in Kansas are eager to take over the reins of their home sale and figure out how to sell a house by owner. A house is typically a person’s largest financial asset, and the decision to sell solo is often understandably driven by a desire to save on commission fees and pocket more equity from a hard-earned investment. In recent years, the previously hot Kansas real estate market and a steep rise in equity added extra incentives to maximize profits. Impulsive home purchases also weren’t unheard of during the pandemic, so maybe you haven’t owned your Kansas home very long and are concerned about covering the cost of selling your house. As the market shifts, you may have new concerns about how much you can get for your home and the amount of your net proceeds. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow). Of those, 50% already knew the buyer of the home, according to data from the National Association of Realtors (NAR). While the method can work for Kansans, it does come with some risks. Selling a house is a pretty rare event for most people, so you don’t know what you don’t know. In this guide to selling FSBO in Kansas, we’ll cover what can be the most difficult aspects of selling by owner in the Sunflower State, including the steps that might be harder than you think. We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. Note: Once you’ve seen what’s required, you can roll up your sleeves and get started with your FSBO sale. Or — in the event you’d prefer to work with a real estate agent — HomeLight would be happy to introduce you to highly-rated professionals in your Kansas market who can help you command top dollar and provide a low-stress selling experience. FSBO is a method of selling your home without the involvement of a listing agent. In a FSBO scenario, the seller assumes the responsibilities that would normally fall to their agent, such as pricing the home, marketing it to potential buyers, arranging showings, and negotiating the deal. In an agent-assisted sale, the seller typically pays a commission amounting to around 6% of the sale price, which is then most often split 50/50 with the buyer’s agent. That 6% is deducted from the seller’s proceeds at closing. By selling FSBO, a seller can eliminate the cost of the listing agent’s commission (so around 3%), though they may still need to offer a buyer’s agent commission. Buyers’ agents will expect compensation for the work they do to bring a buyer to a sale, such as arranging showings and helping to tee up and qualify the buyer. Plus, when a seller isn’t working with an agent, the buyer’s agent may end up carrying more of the weight to get the deal to the finish line. Next: Consult our guide on who pays closing costs when selling a house by owner for more details. Finally, a FSBO sale does not mean that a seller won’t need any professional assistance. In Kansas, sellers are not required to hire a real estate attorney, but FSBO sales typically warrant legal and professional oversight of some kind to avoid an abundance of legal risk. Most people who sell by owner will need to hire an attorney to review and prepare key documents and make sure paperwork is filled out properly, such as the seller’s disclosures. We’ll address what disclosures are required when selling a house in Kansas later in this post. The top three reasons people cite for selling FSBO include: “did not want to pay a commission or fee” (36%); sold to a relative, friend, or neighbor (30%); or that the buyers contacted the seller directly (8%), according to NAR data. To get a firsthand perspective on selling homes in Kansas, we spoke with four top-performing Kansas real estate agents: Chandler says of the Kansas FSBO sellers he encounters, most are trying to save money. “They think they are saving money by foregoing that agent commission,” he says. “Or they think they can do a better job of showcasing their home themselves.” However, 2022 data from NAR shows that “FSBO homes sold at a median of $225,000, significantly lower than the median of agent-assisted homes at $345,000.” This NAR data contrasts the median prices among all FSBO homes (for which we have limited data) against all agent-assisted homes, regardless of distinctions like square footage. However, an independent study from 2016 to 2017 which does adjust for square footage, also shows a significant price difference: FSBO homes sold for an average of 5.5% less than agent-marketed sales. As you can see, FSBO is a mixed bag. So, before we share our selling tips, let’s lay out some pros and cons to help you decide if this is the route for you. In spite of the cons, we’ll help you navigate the challenges of FSBO if you’re committed to selling your Kansas house without agent assistance. For some, selling a home FSBO is a challenge worth accepting, and success can be measured in more ways than one. Next, let’s review the FSBO process step by step. Whether you’re selling with an agent or FSBO, at a minimum, you’ll want to get your Kansas home into respectable shape before any showings to increase your chances of receiving a fair price. Here are a few standard tasks to add to the list. These efforts will go a long way toward impressing buyers looking for a home in Kansas: Chandler notes that a seller will get the highest return by renovating kitchens and bathrooms, but something as simple as a paint job can also make a huge difference. “Painting is one of the most inexpensive, easiest ways to improve your house,” he says. He adds that investing in professional cleaners is also a good way to entice buyers. “Get the house professionally cleaned rather than doing it yourself,” he says. “Those cleaners are going to clean areas you’re likely to miss, and it’s worth it to make your house look clean and inviting.” Data from HomeLight’s 2022 Top Agents Insight Report shows that, on average, “Buyers will pay 7% more for a house with great curb appeal versus a home with a neglected exterior.” Some important curb appeal upgrades can include: DeMoro says that when a buyer arrives to look at a home, they often will be sitting outside of the house for a bit while they wait for their agent to arrive. “They are scanning the outside of the house, and judging it at that point,” she says. She suggests making sure that the home exterior looks good no matter what time of year it is, from putting flowers out in spring to shoveling the driveway in winter. You’ve arrived at a critical moment in your FSBO process: setting a listing price. You don’t want to leave money on the table, yet you want to encourage activity on your listing. Before listing a home, an agent usually conducts a comparative market analysis (CMA). This is a highly-detailed study of “comps” — similar homes nearby that have sold recently, are pending, on the market, or were previously listed but taken off the market. Some may have even been pulled off the market without a sale. “Setting the correct price is one of the biggest problems with FSBO,” says DeMoro. “I know of sellers who ended up selling their home for way under the value of what it should have listed for.” On the other side of the coin, because the Kansas market appreciated at a record pace in recent years, Friesen says some sellers may be overly optimistic about pricing their homes now that interest rates have gone up. “When sellers over-price, the home sits 30-45-60 days. People think there’s something wrong and move on to other properties – even if there’s a price reduction.” Without an agent, you’ll miss out on the complexity of a full CMA and the know-how to interpret it. However, with a little time and money, you can set a competitive price yourself. It’s time to roll up your sleeves and research. As a starting point, look at several online estimators for your home’s value. HomeLight’s Home Value Estimator aggregates publicly available data such as tax records and assessments, your home’s last sale price, and recent sales records for other properties in the same neighborhood. We also add a new layer of information to our estimates using a short questionnaire. Tell us a few details about your Kansas home, such as: Using these insights, we’ll provide you with a preliminary estimate of home value in under two minutes. Whether you use Zillow, Chase, Realtor, or Redfin to get a home value estimate, think of any online home price tool as a first step (not your only source of truth) — and recognize that the data used may be limited. When you’re ready to find comps, you can choose from sites like Zillow, Trulia, Redfin, or Realtor. You’ll want to filter your searches to the area very near your house (within blocks if possible) and with similar characteristics. If you’re not finding any comps, expand your search map. You’ll also want to filter results by details like: Beyond the above criteria, the more houses you find with floor plans and an age similar to yours, the better. As an example, let’s take a look at how to filter your search for comps on Zillow. If you want to further reduce guesswork, top agents recommend paying an appraiser to provide a professional opinion of value for your home. An appraiser will combine recent property data, research of the surrounding market, and information collected from a walkthrough of your home to determine an appraised value. For a single-family home, an appraisal will likely cost $500 to $600 — well worth it to avoid possibly over- or underpricing your house by thousands. DeMoro and Rousselo both say that getting an appraisal in advance isn’t necessarily the best way to determine the value of the home. “I don’t think getting an appraisal in advance is a huge asset,” says DeMoro. “If you have a contract in place, the appraiser can look at that sales price and adjust the comps accordingly.” “This is where having a professional is important,” adds Rousselo. “We’ve probably walked through those comp homes and know which ones are going to be most similar.” Friesen agrees and cautions, “An appraisal is an opinion. It’s very subjective.” Compare your home’s features against the nearby comps you collected. Hopefully, the houses you studied give an indication of an appropriate price range for your home. From there, you can make dollar adjustments based on characteristics that add value (patios, curb appeal, an extra bedroom) versus detracting from it (a busy street, deferred maintenance, less square footage). Consider the differences and similarities of comps with the appraised value of your home to choose a price that will encourage activity (too high, and it may seem out of reach to many buyers), but will also maximize your profit. Because Kansas lies in “tornado alley,” Friesen says a basement is an important feature. “Eighty to 90% of buyers won’t look at a home without a basement.” In addition, she says acreage – or at least a yard – is in “high, high demand” in Kansas, “People look for land for years – even if they have to bulldoze the house. You can’t create more land.” “In our area, it depends on what part of the city you’re in,” says DeMoro. “Some neighborhoods don’t have attached garages on any of the homes, so it’s not expected, but in others, all the houses have three-car garages, and if yours doesn’t, that will affect the price and marketability.” Chandler adds that the style of house and amenities can also affect value. “Where I live, a multi-level house is likely to be less popular than a ranch style,” he says. “And while you might think a pool is always a bonus, people don’t always see it as a good thing.” Listing photos are powerful, either pulling in buyers for showings or keeping them away. “It’s the number one mistake I see FSBO sellers make,” says Chandler. “Poor quality photos, images that are too dark, or the pictures are taken when the house isn’t clean.” To give your listing an edge, consider hiring an experienced real estate photographer. While they may charge as much as $140 to $180 an hour, professional photographs can make or break a deal. Professional photos and videos make “a massive amount of difference,” Friesen believes – as opposed to the “sideways cell phone pictures with an open toilet or the side of a wall, that are too dark or make the home look small.” But if you do go the DIY route, make sure to: Review our guide on how to take quality real estate photos for further guidance. Along with stellar photos, you’ll want to craft an informative and compelling listing. Leverage both the listing description (a paragraph or two highlighting key features) and the property details to show potential buyers all about your home and what makes it desirable. Draw in potential buyers with a powerful listing description that tells a story about your Kansas house, including details like: When Friesen writes a listing description, she blocks out several hours so the end result “pops.” She advises FSBO sellers to “keep it concise” and not make it sound “flowery” or “fluffed.” Be careful with language. “Some words convey the wrong message.” Finally, pay attention to grammar and spelling. Chandler notes that when he is creating a new listing, he always asks his clients to provide a top-10 list of what they love about their house, and why. “You should say what you think are the best things about your property,” he says. “You live there — what do you love most about it?” Rousselo cautions that sellers need to also be aware of fair housing act restrictions. “You cannot word your listing in a way that restricts it to certain groups,” she says. “You also can’t say whether or not something is in walking distance, or indicate that it’s a “safe” neighborhood.” Lastly, and this is crucial: specify in your description the commission a buyer’s agent will receive from the proceeds. Most agents don’t want to show their clients properties from which they’d receive a paltry commission. When you list in the MLS, you must include a buyer’s commission. It can be as little as $1 but recognize that may limit your buyer pool as buyers’ agents typically expect to be compensated for their efforts. If you choose not to list in the MLS so you can forego the buyer commission, you’ll seriously limit the exposure your home will get. Aside from writing the description, you may be prompted to enter information like: Many real estate agents and potential buyers really do read this “fine print” on your listing — so include accurate details, and plenty of them. “There can be issues down the road if a seller puts down incorrect or false info,” says Rousselo. “Make sure you’re exact on things like square footage and acreage. Friesen adds that buyers want basements, so don’t forget to mention yours. It’s finally time to post your Kansas home online. While you can create FSBO listings for free on popular search sites, you’d have to painstakingly post site by site, and your listing wouldn’t reach the majority of buyers and agents. To give your home the most exposure, pay to have your home put on your local MLS (multiple listing service) — a platform agents use to share properties with one another as well as major real estate sites. Posting there will feed your listing to buyers’ agent databases and to common sites buyers use. Only licensed real estate agents and brokers who are MLS members can post to the MLS. However, you have two options to gain access: paying an agent to post for you or using a FSBO platform online. A local agent may be willing to list your house on the MLS for a flat fee, without any other involvement in your real estate transaction. If you decide to go this route, ask whether the fee includes updating your listing if necessary. You can use various paid websites to list your Kansas house online as “for sale by owner.” These sites offer packages ranging from about $100 to $400 for just a listing, or a larger flat fee of $3,000 to $5,000 that includes any number of additional professional marketing services. Some of these companies display their rates on their websites, but others won’t quote a fee until you input your address or select an area of the country. A few examples include: It’s important to note that some of the Kansas companies don’t serve the entire state, and that some of the companies serve FSBO sellers nationwide, which can cause challenges if the assisting representatives don’t understand the local market trends in your Kansas neighborhood. Whatever you choose, read the fine print carefully: some sites may have hidden fees or even take a percentage off your sale — a detour you’d rather avoid on the FSBO route. If you’re determined to save money by foregoing the MLS, creating a free FSBO listing on Zillow might be your top option. You can post a video and unlimited photos, and get fairly wide exposure via Zillow and the Zillow-owned Trulia. Now it’s time to spread the word about your Kansas home. Experienced agents like Friesen, Chandler, DeMoro, and Rousselo, know that posting a home on the MLS is just the beginning of the marketing phase. A successful home sale requires a deliberate and targeted marketing plan to reach the right buyers and attract the best offers. “Not marketing effectively is another big mistake I see,” says Chandler, “It’s one of the most important parts of bringing buyers to your home.” Here are some of the steps you can take to market your home: Consider getting a custom yard sign rather than purchasing a generic one you write on with a Sharpie. You can order a custom sign on a site like Vistaprint with your contact information, plus a stand, for as little as $25 plus shipping. Note that some MLS providers may have rules about whether you can post a FSBO yard sign while your home is on the MLS. Share your home across social media — and ask your friends to share, too. “Social media is a huge part of the marketing process,” says DeMoro. She adds that there is a difference, however, between just posting something on Facebook and doing specific, targeted marketing, and this is where professional experience can come into play. “There are different ways to make the most of social media, and sellers don’t always understand that,” she says. Try these strategies for a successful open house event: Find more expert tips for how to hold an open house at this link. If your marketing is successful, your next step will be to show the home to prospective buyers. Welcome to the busiest phase of the home sale process. A major reason some FSBO sellers switch to an agent is that they underestimated the time, energy, and expertise needed to manage this crucial step. “You should ask whether or not you can dedicate the time needed to do this,” she says. “You have to schedule and manage the showings yourself, you’re letting strangers into your home, it can be challenging.” DeMoro adds that if it’s difficult for a buyer or buyer’s agent to schedule a showing, they sometimes will decide to skip viewing the house altogether and move on to other options. “If we have to wait for a seller to respond, or they are limited on showing times, sometimes buyers don’t want to bother,” she says. To manage the logistics of showings: If you’d rather not be present for every showing, consider using a lockbox with a code to let buyers’ agents enter the house. This is standard industry practice among agents. To ensure you’re working with someone legitimate, use Google or sites like arello.com to check their real estate license number. With unrepresented buyers, plan to be on the property for the showing. During a showing, we recommend you: DeMoro suggests that if a seller must be present, they shouldn’t brag about the house or try to oversell. Rousselo takes that one step further, saying, “If your buyer has an agent showing them the house, try to figure out a way to get a lockbox on the house so they can show the home without you being there.” Our agents agree that having a seller present during showings can be awkward for the buyers, and that you should try to allow them to look at the house in a way that they can honestly assess it. “Step out and let the buyer walk through,” says DeMoro. You’ve got your first offer — congratulations! Before signing anything, Chandler says you really need to go over your contract thoroughly. “Make sure you understand things like closing costs,” he says. “Your contract might read a 50-50 split of closing costs, but those don’t include any additional loan costs, which must be covered by the buyer.” He also says sellers should beware of anyone who wants an “owner carry” where the seller actually holds the mortgage. Here are key considerations when considering an offer on your Kansas home: In Kansas, a residential property seller is generally required to disclose the condition of the home to the buyer, typically within three to five days after accepting an offer. Kansas is not a caveat emptor state. Sellers must disclose material defects, using the state’s disclosure form. Some sellers may prefer to provide the disclosures before an offer has even been presented so that a prospective buyer is more informed beforehand and less likely to withdraw from a deal later on. In an agent-assisted sale, your listing agent would likely provide you with the required disclosure form(s). However, as a FSBO seller, you can find the form online. What will you be asked? In Kansas, you can expect to disclose any significant defects or issues you’re aware of concerning: If in doubt about a problem with the home’s condition, most top real estate agents would recommend you disclose it. If you know of an issue and choose not to disclose a major problem, and that defect is later discovered, you could be held liable for damage or subsequent costs. Time to button up that deal. While some states require that FSBO sellers hire a real estate lawyer to help close their sale, Kansas does not. However, it’s still a good idea to invest in the services of an experienced attorney as you close one of the biggest and most complex deals of your life. By doing so, you’ll minimize your legal and financial risk, plus simplify the process for yourself. “A lot of lawsuits happen in real estate,” Chandler says, “and a lot of those are FSBO situations.” Real estate attorney fees can vary depending on location and how much help you want or need. In Kansas, the average hourly rate is $248 — well worth it for professional guidance in closing one of life’s largest legal transactions. On your FSBO journey, watch out for these major pitfalls: Chandler says that a lot of people who want to go the FSBO route don’t understand the complexities of it. “A lot of people think it’s simple, but they don’t understand that pricing effectively, marketing effectively — it can be quite difficult,” he says. “And then you have the contract, the paperwork, knowing how to talk to an appraiser, inspections, repair requests. These are all things most sellers really don’t know how to do.” Friesen adds, “There can be confusion over whose job it is to do what – like letting the inspector in.” If you decide you don’t want the hassle or pressure of FSBO, you’ve got other solid options. Ultimately, the services and price gains you can get with an experienced real estate agent may put more money in your pocket than FSBO. A proven agent is also better equipped to help you achieve your selling and moving timelines. “I had a client who initially tried to sell on their own,” says Chandler. “The house sat on the market for about four weeks, listed at $158,000. We took over, listed it at $200,000, and sold it for $217,000.” After one FSBO seller’s home sat on the market for four months last year, they called Friesen to represent them. Almost immediately, she received two offers on the house, which she listed at a higher price. Rousselo says she’s also had former FSBO clients ask her to step in, and they ended up making more money than they would have selling on their own. “I’m out there doing this every single day,” she says. “I know what to look for, I have the relationships and connections, an agent network, all things that help bring sellers to closing in the smoothest way possible.” Interested in such expertise? HomeLight can connect you to top-performing agents in your Kansas market. Our free tool analyzes over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs. It takes only two minutes to receive your matches. If you’d like to skip the sale prep altogether — plus avoid paying agent commissions — you can opt to sell your home “as-is” to an all-cash buyer instead. For a low-stress experience, consider requesting a cash offer from HomeLight’s Simple Sale platform. Tell us a few details about your home, and in as little as a week, we’ll send a no-obligation all-cash offer your way. If you decide to accept the offer, Simple Sale sellers have the ability to close in as little as 10 days. Without leaving the Simple Sale platform, you’ll also be able to compare your cash offer to an estimation of what your home would sell for on the open market so you can make an informed decision. Unless you already have a buyer lined up, selling a house by owner in Kansas requires a significant investment of time and effort. You’ll need to pull your own comps, capture excellent pictures, create a listing, market the house online, field inquiries, host showings, negotiate, and close the deal. And that’s after preparing the house itself. You also have to consider that FSBO listings tend to sell for less than agent-assisted sales. An experienced agent who knows the area can make recommendations for targeted upgrades to help you maximize your sale price and get a premium offer. This can help to offset or, in some cases, more than make up for the cost of commission — while saving you time and headaches. If you choose to go FSBO, you should have a good idea now of what to expect from the process. Otherwise, our internal transaction data at HomeLight shows that the top 5% of real estate agents sell homes for as much as 10% more than average, and we’d be happy to introduce you to some of the best agents in your Kansas market. Writer Jody Ellis contributed to this story. Header Image Source: (Nathan K / Unsplash)How does selling by owner (FSBO) work in Kansas?
Why sell a house by owner in Kansas?
Pros of selling a house by owner
Cons of selling a house by owner
Steps to sell a house by owner in Kansas
1. Prepare your house for sale
Indoors
Outdoors
2. Do the homework necessary to set a competitive price
Conduct your own “CMA Lite”
Start with an online home value estimate
Narrowly filter your search for comps
Use a site like Zillow to collect your data
Invest in an appraisal
Make sense of the research
3. Photograph your home
4. Create a detailed, compelling listing
Tell a story with your description
Don’t skimp on the property details
5. List your home online
Pay an agent to list your home on the MLS
Use a FSBO platform with an MLS option
Not willing to pay for the MLS?
6. Market your home
Place a nice FSBO sign by the road
Share on social media
Hold an open house
7. Manage showings
Should you be present for showings?
8. Evaluate offers, negotiate a deal, and make disclosures
Property condition disclosure
9. Close the sale — with professional help
FSBO mistakes to avoid in Kansas
Alternatives to selling a house by owner in Kansas
Enlist the help of a top-rated real estate agent
Request a cash offer to buy your Kansas home
Ready to sell your Kansas home?