While many sellers opt to sell their properties through an agent, it is possible to sell your house quickly and easily without the involvement of a third party. The major advantage of selling your house without a real estate agent is that you will save money and commissions. If you choose to self-list, here are some simple steps to help you sell your house without a realtor.
Time Your Sale
There are certain times of the year when selling a home is more profitable than others, though this will also depend on your location and events in your area. For example, it may be more difficult to sell a house when school has started because most families with children would not want to change school mid-semester. The weather is another important factor to take into consideration. Depending on your location, you may have a lot of snow to deal with during winter. So sell your home at times of the year when your yard and landscaping would be most appealing to potential buyers
Prepare the House
Make sure the home is ready for sale by carrying out various home improvements. It is advisable to seek the services of a house inspection professional to assess its current condition and recommend the steps for any adjustments or renovations. To increase your home value, work on its curb appeal or first impressions. Consider refreshing the house with paint and plant more flowers to make the outdoors more inviting. Clean it thoroughly, and make sure everything is set in a systematic manner.
Determine the Actual Value of the Home
Now let’s get to the most important factor – pricing. To get the best pricing, you need to find out the current market value of your home. You can know this by researching on the recent sales in your neighborhood. If someone has offered his home for sale in your neighborhood, ask him what factors he has used to determine the value and price of the home. It is important to keep the cost within favorable rates to attract more potential buyers.
Selling a house is about exposure and hence anything that would expose it to more buyers is beneficial. Balance the cost of newspaper advertising, property information sheets, flyers and word-of-mouth. Costs can shoot up quickly so determine what you are ready to spend. Whatever you do, ensure you put a sign in your front yard which can be noticed by passersby. Provide essential information, like number of rooms, contact information, etc. Internet advertising is also a very effective tool for advertising your home. Choose your websites carefully as the goal of many of these sites is to promote the organization hosting them.
Inspection by Buyers
Give potential buyers an opportunity to visit the house. Before presenting it to potential customers, ensure you remove all of your items, including furniture, from the house. This will make it look bigger as well as allow potential buyers to check it freely. When discussing the features, try to focus on positive points.
Negotiate the contract
After putting your house on the market and allowing buyers to view it, finally you have found someone who is willing to make an offer. Now you need to know how to accept the offer. Ask for written offers only. Serious buyers will always be willing to write up an offer. Be ready to negotiate a good deal. Prepare a list of items, upgrades, improvements and other elements that may help you in defending your price. Have information about commuting, schools, stores and your town in general.
Paperwork and Handouts
Have the contract, closing paperwork and other legal formalities checked by an attorney. The deed and mortgage papers should be prepared properly for your own protection. Get help from a reputable real estate attorney with a good track record in real estate matters. Work with him to carry out all the formalities about ownership transfer, tax formalities, registration matters etc. Make sure the buyer gets a buyer’s title insurance cover, so that in case of any problem with the title after the closing, the title insurance will cover the process of making it right.
By following these tips, you will definitely increase the chances of getting a good deal, while saving on agency fees. If you need to sell your house in the Metroplex area, you can check out these people. They buy houses with cash for fast closings – http://www.sellhousefastdallas.org/ in Dallas, in Fort Worth – http://www.sellhousefastdallas.org/we-buy-houses-in-fort-worth/, and in Arlington – http://www.sellhousefastdallas.org/we-buy-houses-in-arlington/
Here is a video on how to help sell your house without a realtor