Real Estate Professionals
Selling your home without a realtor is brave, but also risky! Whether you’re in San Francisco or New York City, selling your home without an agent is tough, but not impossible. So if you’re going to try and sell your home FSBO, for sale by owner, first you’re going to need a comprehensive list of things to do.
Hopefully, you’ve got some time on your hands, because there’s probably a lot a real estate agent does that you are unaware of! But if you’re determined to sell your house without a realtor, this post is designed to tell you how, and offer great tips!
Set Your Asking Price
This is a very important part of what a real estate agent does to begin your case. You want to have this part right because one of the most common mistakes FSBO sellers make is not setting a realistic price. To do this, a real estate agent would do a comparative market analysis (CMA), but you can do your own. For a flat fee, you can also hire a real estate agent just to do a Broker Price Opinion, or have an official appraisal done.
Compare Houses Near You
To determine the market value and best price for your home, simply research comparable homes in your area and what they’ve recently sold for. Don’t set it too high, but your sales price should leave room for price negotiations. A house priced too high will linger on the market and you’ll have an even harder time selling. Remember, you want to sell quickly.
Write Your Listing Description
Selling your home without an agent means you won’t be able to use the MLS (multiple listing service), which is the main source most real estate agents use to find available properties for sale. You need to be able to get prospective buyers and buyer’s agents to be able to see your property, so advertising online is your best bet. Write a detailed description of your home’s selling points, and try forsalebyowner.com to advertise.
Prepare Your Home’s Interior
Before you advertise, you’re going to want to deep clean the house from top to bottom. You’ll be hosting open houses and showings, so get rid of all unnecessary clutter. Potential buyers want to imagine their own things in the house anyway. Make sure there’s plenty of light in each room, and if a room needs a fresh coat of paint, use a light, neutral color. For sale by owner doesn’t have to mean any less quality.
Prepare Your Home’s Exterior
The next thing you’re going to want to address is your curb appeal. Remember, you won’t have a seller’s agent that advises sellers on these kinds of things, and you never get a second chance to make a first impression. Landscape your lawn, clean up the yard to make it appear well maintained and pay attention to the entryway.
Put a coat of fresh paint in a nice accent color on your front door and window frames, and perhaps add a hanging plant or some potted plants in the entryway. Some light wind chimes and perhaps a welcome mat to make it look inviting and attract buyers. Think photographs.
Hire a Professional for Photos
Selling a house without a realtor doesn’t mean you should skimp on having a quality listing of your own, so spend money and hire a professional photographer. It will cost no more than a few hundred dollars, and professional photos will make all the difference. It’s true nowadays you can take pretty good pictures simply with your smartphone, but don’t make the mistake of thinking they’ll compare to a professional. Stunning photos sell houses.
Advertise
This is where it gets tricky to sell your home without an agent, but it’s still possible with good advertising. The ForSaleByOwner website linked above is a good place to start and is by far the most popular. Get the word out on as many outlets as you can, even social media. Have an open house, and make up flyers. Offer scheduled private showings to potential buyers as well. Anything to attract the most buyers!
Additional Costs
Don’t forget you’ll need to bring your closing paperwork to a title company to complete the transaction, and you’ll still have all the regular closing costs to deal with. And in case you’re trying to save money by selling without an agent, you’ll still have to pay the buyer’s agent half of the commission, which would be 3% of the purchase price, even though you don’t have your own agent. You should also consider hiring a real estate attorney to look over all the paperwork and make sure you’re not getting cheated in any way.
Get a Cash Home Buyer Instead
Another way many sellers don’t realize to sell your home without a real estate agent is to skip the entire process and sell to a cash home buyer instead! With Sell Your House Fast – Las Vegas, you can get a free, no-obligation cash offer just by filling out the short form on our homepage, right here on this website. You could have your money in less than two weeks! It might be a little less money than you wanted, but look at all the benefits.
Benefits of a Cash Sale with Sell Your House Fast – Las Vegas
FSBO homes sold account for (approximately) only 8% of all sold homes each year. If you’re looking to save money on selling costs with an FSBO home instead of being able to sell your home with a real estate agent, check out these savings and other benefits from Sell Your House Fast – Las Vegas:
- NO HOME INSPECTIONS!
- NO APPRAISALS NEEDED!
- NO REPAIRS NECESSARY – WE BUY HOUSES IN “AS-IS” (ANY) CONDITION!
- NO CLOSING COSTS – WE PAY ALL FEES ASSOCIATED WITH THE SALE OF YOUR HOUSE!
- NO REAL ESTATE AGENT COMMISSIONS OR FEES!
- NO OPEN HOUSES!
- NO SHOWINGS!
- GET THE MONEY FROM THE SALE IN AS LITTLE AS TWO WEEKS!
- CHOOSE YOUR CLOSING DATE!
- NO HIDDEN FEES OR COMMISSIONS!
So contact us here at Sell Your House Fast – Las Vegas for your free cash offer today – we’re the cash home buyers who care, built on integrity and reliability you can trust.
