Owning a home is one of the biggest investments one can make. And when it comes to selling your home, the conventional practice is to hire a realtor. After the sale, your real estate agent makes away with as much as 7% of the total price. That is quite a hefty amount and will leave you wondering if it is worth it. This is the right time you should want to know how to sell your house without a realtor. Of course, many homes are being sold by owners and here is how to go about it:
How to sale your home without an agent
Set the price right
Before you put up your home anywhere for sale, you must get the price right. Do some research on home value and know where yours would lie. Make sure you value your home right. There will be other homes competing for the same buyers so you should make yours competitive.
Since you are doing it all on your own, a home listing will fall under your portfolio. According to owner.com, a leading platform where you can sell or rent your property privately, listing your property on multiple reliable listing portals is the best way to sell your home fast. Bargain for a flat fee as this is more economical. You can search online for property sale services in your market.
Be ready to market your house
Just because you have it on home listing does not mean your house will sell fast. You have to market it. Put up for sale sign at your home’s gate, create brochures and distribute them to potential buyers, list it on Craigslist, you could also build a website to market it or sell it over social media.
Ensure that your home will reach as many people as possible. Social media platforms are now one of the best places to sell your property. You should also let your friends and neighbors know that your house is up for sale.
Establish your house’s strong selling points
As you design a sale advert, you should emphasize on your strong selling points. Make them obvious to a would-be buyer. As long as your house stands out from the rest of the market, you can be sure to cash in more and fast.
Get ready for open house
You should get your house ready for viewing. Cleaning should be the first thing you do. Get it ready from the inside to the outside. Keep the curb appeal at its best. As long as a potential buyer could visualize your house as ideal, it will not take long to close the deal.
Be ready for tough negotiations
It will be tough going through the negotiations. Since this is your house, you will still have some attached feelings. But you should be ready for open negotiations. Do not stick to your price; be ready to take it down or up depending on the buyer.
When selling your property without a realtor, make sure that you comply with all property laws in your area. In every locality, there are laws that govern the sale of property all over the world. Take time to familiarize yourself with these laws and stick to them. Some of them will be specific to your area while others will be universal.