You may love your current home, but you might eventually want to sell it someday. If this happens, it would be good to know how you can sell your house even without the assistance of a realtor so that you can save money. Meanwhile, this article provides you with eight (8) practical tips that you can bear in mind when selling your home by yourself.
1. Organize Your Real Estate Documents
If you want to sell your home by yourself, check if you have copies of important documents about your property. If you are able to collect all the necessary documents, keep them in a safe place until it is time to meet a prospective buyer. You can use the documents later on after a prospective buyer checks out your home.
2. Organize the Contents of Your Home
Even if you are still living within the property, you will want to show your house at its best. This means boxing your belongings, ready to place in storage. You can keep a minimum of your stuff that you need for daily use, but be ready to move out at any moment a buyer agrees to buy your house.
3. Get Everything Clean and Tidy
If your home is not looking its best after clearing out your stuff, do a thorough general cleaning of everything. If you have pets, have someone take care of them while you try and find a buyer. Make a checklist of problems that your house has while you are cleaning it so that you can fix those problems. This is very important, particularly when the property is a few years old.
4. Take Professional Photos of Your Raw Space
Get professional photos to show off the raw space of your home. Buyers will be looking at this raw space carefully because they have stuff to place in certain areas. Great photos on a real estate listing site will help you get serious buyers who will be willing to pay your asking price.
5. Determine Your Asking Price
You need to have a definite price range before you commit. For example, your house may be in a nice neighborhood which will be a good point to bring up during negotiations with a prospective buyer. There might also be essential businesses and schools nearby that help raise the market value of your home. If you are unsure how much to ask for the selling price, check out real estate listings online to find definite offers in your area such as those from Element Homebuyers.
6. Expand Your Reach
It may be necessary to extend the reach of your net by putting your for-sale-by-owner (FSBO) notice on many websites. You may also include a written description of the house and its history, as well as other amenities that the house has. You can even spread the word about your FSBO property to your social contacts via email and on social media. If you don’t want to go into all that, you can simply contact Cream City Home Buyers to get a definite buyer.
7. Check Your Timetable
How soon do you need to close the deal? Are you in a hurry to sell? A buyer may have a different timetable so be prepared to wait. For one thing, the buyer may be thinking of the right source of funding to pay you for your house. The buyer might have also noticed some flaws in the house that you may have overlooked. Because of this, you may want to have a series of prospective buyers check out your property before you can sell it.
8. Have Your Lawyer Make the Necessary Documentation of the Sale
You will definitely need a lawyer for the sale documentation, in case there are laws that you need to comply with. Although the lawyer’s fee may be considerable, at least you know that you are selling your home the legal way.
Takeaways
If your home is well maintained and with no encumbrances, it may be a good idea to sell your house as an FSBO deal. Though you might get a fair price by asking for help from a real estate agent, you can probably still get a good deal by selling your home by yourself. The most important part about selling your home is making sure that all the documents for the sale are complete, signed, and will hold up in any legal proceedings. You can then accept the payment from the buyer with a clear conscience since you accomplished what you set out to do.
