If you are planning on selling your house without an agent, you should take steps to get the sale you want.
Selling your house is already a challenging process and can be even more difficult if you try to do it yourself. However, thousands of people sell their homes every month. Once you’re familiar with the process, you will find that it is achievable.
By developing a strategy, you can ace the steps and understand what to expect.
Understand The Fair Market Value Of Your House
This step is pretty essential. If you price your house too high, potential buyers may overlook it, and it will sit on the market for months. Price your home too low, and you may make far less on the sale than you deserve.
You can determine the value of your property by:
- Going on real estate valuation websites
- Get a competitive market analysis
- Go to a licensed appraiser
Prepare Your House For Selling
This can start with walking through the home as if you were a prospective buyer. Look for details that you like or wouldn’t like.
When a buyer walks through your house, they’re looking for any flaws that could become a headache after closing. They also want to see if it is well-maintained, has curb appeal, or has enough space for furnishings.
This may be challenging as you know and own your house. However, it is vital to be objective. If necessary, get an outsider’s perspective.
- Make improvements and repairs necessary, including windows that won’t open, leaky faucets, loose door hinges, and faulty electrical switches and light fixtures.
- Repaint rooms that need a touch-up with neutral colors
- Remove any clutter
- Make sure the house is clean and smells nice
Advertise Your Sale
There are many ways that you can sell your house yourself, including starting with a customizable yard sign. Brochures and flyers are a great way to inform buyers of the details and advantages of your home. It doesn’t hurt to include attractive, professional photos of the interior and exterior.
Make sure you include your contact information, the house address, property specifics, and sale price. Include any information regarding the local community and school district.
There are many reputable websites where you can advertise online. Some websites will allow you to list your home and list your platform with a commission fee.
Host An Open House
Opening your home to the public during a nice day is an excellent way for prospective buyers to walk through, ask questions, and get a good feel of the neighborhood. The best times for an open house are on Saturdays and Sundays when most people can spare an hour or two.
You can start advertising your open house a week or two before setting up signs and giving out flyers.
Negotiate The Sale
In most cases, buyers will come with an offer that is below your asking price. They may also ask that you pay the closing costs. If you do not like the initial request, you will need to negotiate.
Once you have come to an agreement, the buyer should submit a written offer that goes over all the sale details, including closing stipulations, purchase price, closing date, and any contingencies.
If you are not using a real estate agent, you can follow a few steps to make the process easier. To make it easier, we buy houses and help make the sale as easy as possible.