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Tips for selling your house by owner

You can be successful selling your home without a real estate agent. If you do a little research and work, you’ll be selling your home in no time, without expensive real estate agent fees.

Prepare your house for sale

Any prospective buyer will hire a home inspector to find problems with the house before closing. Prevent buyers from experiencing unexpected delays, backing out of the sale, or negotiating for a lower price by hiring your own inspector early in the process. Knowing what to expect when you walk in will give you the opportunity to fix problems now, provide complete information to buyers, and strengthen your negotiating position.

Price Research

Pricing your home too high will make it hard to sell, while pricing too low means less money in your pocket. Compare your home to others already on the market and to recent sales in your neighborhood. Take into account the special features that your home has. You may want to consider having your home professionally appraised ahead of time to eliminate uncertainty and give you a stronger negotiating position.

Don’t leave a mess

Keep your home clean and organized as you prepare to show it off to buyers. If you have accumulated a lot of clutter over the years, now is the time to clean it up. Having less furniture and clutter will make your house look bigger, which is a big plus for potential buyers.

Market your house on the Internet

The National Association of Realtors reports that 93% of buyers begin the home search process online. There are many different real estate listing sites available online. Doing a simple search for “for sale by owner” is a good way to find online websites where you can list the details of your home. Popular online classifieds sites like Craigslist are updated minute by minute with new listings. Going to all of these sites will help buyers searching the Internet “find” your home. Take a good number of high-quality photos that show the best features of your home and list as many details as possible. Buyers are much more likely to consider a home with accurate descriptions and abundant photos.

Hire a Real Estate Lawyer

Real estate contract law is complex and needs to be handled by a professional to ensure everything is legal and binding. You want to make sure all the paperwork is in order and that your closing goes smoothly.

Don’t get impatient or give up

I can hear you now. “But I want to sell my house fast.” The fact is that selling a house from the owner may take a little longer, but the good news is that you will be able to save some money. However, you may need to lower your asking price, make changes to your marketing strategy, or make some repairs. If your home has significant damage or needs to be sold quickly, try buying houses business. This may mean that you won’t get as much for your house as you expected, but it will sell faster.

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