Sell Your House Yourself and Save Big
Are you ready to sell your house yourself and keep the commission you would otherwise give to a realtor? Well, you’re in good company. In today’s hot real estate market, more and more home sellers are opting to “go at it alone.” As the “sell your house yourself” trend expands, so do the range of tools that sellers have to help them through the home selling process. From books to web sites, Internet discussion groups to adult education courses, sellers who chose to sell their homes without a realtor’s assistance are finding that they really are not alone.
Of course, it helps if you have previous experience buying and selling a home. The terminology and the steps involved in the home selling process are unique. But even a novice can survive the home selling process if he or she approaches this task in an orderly and planned manner.
When you decide to sell your house yourself, the first thing you should do is research your market. A visit to the local tax appraiser’s office will give you the recent sales figures you need on recent comparable home sales in your neighborhood. Or, simply log on to your computer because in many counties, this information is available online. Regardless of who handles selling your home, you’ll have a better chance of selling it quickly if you set a reasonable and fair asking price right from the start. Any realtor will tell you that your best selling opportunities occur within the first 3 weeks of listing your home, so don’t be greedy.
In addition to county records, there are plenty of web sites that will provide you with an estimate of your home’s fair market value such as this one located at www.homegain.com/home_prices/index?entryid=4518. The nice thing about these types of sites is that they offer so much additional information about the home selling process. It doesn’t really matter which method you choose to research your home’s fair market value; just make sure you do it.
Once you’ve made the decision to sell your house yourself, and you’ve determined the right asking price, get ready to act quickly. In some markets, even homes that are offered FSBO sell fast. Stick to your checklist and when you have time to breathe, think about all the things you might do with the money you’re saving by not using a realtor!
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Categories: Selling A Home Tags: Discussion Groups, Neighborhood, Real Estate Market
Selling Your House for Cash
In the reasonably uncertain real estate market, there is only one real guarantee. Everyone who puts a home on the market wishes to sell the house for cash and make a nice profit on the sale. But this usually does not happen by chance. There are several things that you can do as a homeowner to ensure that you sell houses for cash and make a tidy profit for you and your family or business. Take the time to evaluate your home or properties, determine what repairs or esthetic fixes need to be made, and you too will find the key to sell houses for cash.
One of the biggest things you can do is to clean up the home, inside and out. This means that you must not let prospective buyers come to your home for a look and find a mess. Throughout the selling process, you must keep your home spotless inside and out to give buyers a chance to see the real charm of the home. To sell houses for cash, you do not want buyers struggling through a maze of mess and clutter. Let the home in its more pristine state speak for itself.
Another way to quickly sell houses for cash is to set your selling price reasonably. Do not try to make a huge profit by out pricing yourself. Do your research and determine what other houses in the neighborhood that are comparable to yours are selling for, and set yours close to those numbers. After a few days on the market, you will learn if you have the house priced at a level that is sufficiently interesting to prospective buyers and can adjust accordingly.
There are other things that you can do as you look to sell houses for cash. Get that “For Sale By Owner” sign in your yard as soon as you are ready to move on the sale. Place ads in the local newspapers which will attract a world of prospects, and even go to local apartment complexes and shopping venues to distribute fliers about your home. And do not ignore the power of the internet! When selling houses for cash, the internet can be a great tool for getting your information out to hundreds of people with little to no advertising cost to you. You will be amazed at how many people are able to sell houses for cash by using this fast growing resource!
Finally, be willing to negotiate. A good salesman is always going to be willing to haggle just a little and find the way to close a deal. If someone wants to pay you less for the home, counter offer and ask him to pay closing costs or for any repairs on the home which may be needed. There is always room for negotiation when selling houses for cash! This can be a great way to turn properties over quickly and to make money either for your next investment or for your new home. Selling houses for cash can be quite profitable when you use some of these very easy tricks of the real estate trade. Be sure to put these ideas to work for you.
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Categories: Selling A Home Tags: Real Estate Market, Selling House, Tidy Profit
Selling a House Without a Realtor
Several years ago when the real estate market was at its peak, it was easy to put a sign in your front yard and have your house sold in a short period of time…sometimes in just a few hours…you didn’t even need a realtor. Those days are long gone now. In fact, there are several reasons why selling a house without a realtor isn’t so easy anymore.
The main reason why selling a house without a realtor may be difficult has to do the multi-listing service, or MLS. If your home is listed on the MLS it will be viewed on a number of different websites as well as through a nationwide network of real estate brokers. Selling a house without a realtor is certainly possible if you’re not listed in MLS, but almost 90% of all home sales that take place are a direct result of being listed in MLS.
Your best option if you do plan on selling a house without a realtor is to find a real estate broker that will list your home in MLS for a one-time flat fee. Then you can go about your business of trying to sell your home on your own. As long as you find a buyer without the help of a real estate agent, you will only pay the one-time flat fee for the listing. If your buyer happens to have their own buying agent then you pay a small percentage (usual 3%) of the sale price to that agent. Either way, you still save thousands of dollars when using a flat fee listing service over a traditional real estate transaction of 6%.
In the end, if you are selling a house without a realtor, you still must get listed in MLS and the best way to that is by using a flat fee listing service.
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Categories: Selling A Home Tags: Front Yard, Real Estate Market, Real Estate Transaction































