Monday, March 16, 2009

How to Sell a House Without an Agent

You can easily sell your house yourself. Agents are not necessary. There are many sites available to give you the level of assistance you need.

Decide whether or not you would like some assistance. There are many companies that will help you sell your home yourself such as help u sell or for sale by owner. If you use some assistance, you will pay for it, however it will cost much less than using a real estate agent. For example, you may pay 1-2% commission instead of 3% commission. Either way, you will still have to pay the commission of the buyers agent.

Detail your home. Clean and organize your home inside and out. Once you have finished, photograph the highlights of your home including the front, yards and views. The more photos the better.

Decide on a listing price. Research recent sales in your area. You may want to actually visit other homes for sale so that you can see your competition. Comparables will have same or similar square footage, number of bedrooms and baths and be in similar condition. Price your home slightly lower. For example if your competition is priced at $300,000, price your home at $295,000.

Advertise your home in local papers. Include price, square footage, number of bedrooms and baths and a contact phone number. If you get an offer, you can always have an attorney review it before accepting it. You can also make a counter offer if you do not like all of the terms. Many standard forms can be found online. The buyer's agent commission is negotiable.

No comments:

Post a Comment