Eliminating non-qualified buyers, and being sure you only show your home to financially approved buyers, is not an easy task.  Many buyers who are looking for a deal are often looking at homes priced higher than what a lender may actually approve them for.  Sellers must learn to be tactfully upfront with buyers and if a buyer is not willing to provide you with the name and number of their loan officer, then they might not be a good prospect.

There's a false expectation that For-Sale-by-Owners can receive a higher price by not paying a commission. But the reality is, home buyers know that you're saving from paying a commission, so they'll expect you to lower your price by at least 3% to 6%.

Be sure that you provide your buyer with all of the necessary disclosures required by law.  Just because you sell your home yourself does not exempt you from providing buyers with certain documents and disclosures that are required by law.  Don't place yourself in jeopardy of a lawsuit, and consult with an attorney if necessary.