Selling by owner can save you a huge fee when you eliminate the typical 7 percent commission fee for real estate agents. Homeowners who are concerned about selling their home without an agent, remember that it’s a learning process.
Put a price on your house
If you are one of those people who do not know the real value of their own home, do not worry, you are not alone. The fair market value of a home defines what you could expect to receive if you sold your home that day. This value may differ while asking different realtors and estate agents. Most homeowners have no idea of the true value of their home. Use online home appraisal tools and conduct market analysis. In addition to this, you can also hire an appraiser who can help you calculate the value of your home in terms of square footage.
hire a lawyer
Although it is an additional expense, hiring an attorney who can help you with the legal work can do wonders for you. Unless you have significant experience selling a home, having a real estate attorney by your side will give you the peace of mind you’ll need during the process. The attorney will not only help you review contracts, evaluate complex mortgages or leases, and complex offers, but also tell you what you are required by law to disclose to potential buyers and help you formulate a disclosure agreement.
spread the word
Getting the word out about selling your property is the way to go when selling your home without an agent, and sadly, putting up a “for sale” sign in your yard and hoping for the best is no longer enough. Use your social media presence to your advantage and post an ad on multiple Facebook and Instagram pages. Most home buyers search for properties online these days, so listing your home online is really important. You can also list your property on various listing websites such as realestate.com.au, domain.com.au, realestateview.com.au, homesale.com.au and many more through minustheagent.com.au/. In addition to this, you can also create some flyers and brochures and distribute them around the city.
Deal
In order to sell your house and make a lot of money, you need to be objective. Yes, it is your home and you have your memories in that house, but at the end of the day, it is a financial asset. So negotiate the price of the deal as much as you can, but don’t push it too hard to scare the buyer off. Also, there are other things you can negotiate beyond price. This includes appliances, closing date, and closing costs.