Selling a house without an agent or realtor is nothing uncommon, but you have to be duly prepared to do it just right. There are certain things that make the whole process a success. In this article, we will outline the steps that you should follow to sell a house without engaging the services of a realtor.
Research widely to price the home just right
Many first time sellers make the mistake of under or over pricing their home. However, with enough time and some groundwork, it is not too hard for you to know the price of your home. Just find out online from many websites what a house like yours should fetch. Pricing the home is usually the very first thing that you ought to know when you want to sell your house without a realtor.
Advertise your house right
Like any other product, you need to advertise your house when you are selling. It is ok to put it on OLX, but are you giving the bestselling details? What is special about your home? Do you have nice features like water features (fountains, waterfalls, etc), a rock bed, a garden, an extended lawn or what… anything that can give your house an extra edge over the competition. Among some of the places where you can list your house for sale in the USA include MLS, a one-stop center for people looking for houses on sale.
Do a thorough preparation for sale
This means preparing a house for sale. No matter how impressive, a dirty home is a total turn off for buyers because most of them want to visualize their life there. Clean your house thoroughly inside out and then dust it every day that it is listed. Shampoo the rugs and carpets thoroughly and keep the windows open for air. You should remove as many personal items as possible to enable the buyers to visualize themselves living in the house.
Get a house inspector
You will need to have your house inspected to bring up any issues that may be in the house. This is going to cost you some money, but it is worth it. Repair anything that needs to be repaired or make sure you disclose it in the sale agreement. If you do not, you may be sued or the deal could backfire badly on you.
You still need a real estate attorney
Buying or selling a house is a big decision and that is why you should cover your transaction by making everything legal as need be. You will need a lawyer to draw the contract, and to close the deal.
Make the house accessible to potential buyers
You should leave the key somewhere accessible so that people can see the house even when you are not there. If you have made proper signage and posted it in the neighborhood, keep your phone nearby as you will be getting many calls. Answer all of them and show people the house or tell them where to find the key.
Signage is very important as it tells people there is a house for sale in the neighborhood. It is best that the signage be professionally done. You can also make brochures for marketing. This will cost as will advertising the house online, but it will be worth it.
So, if you want to sell your house without a realtor, you should consider following the above mentioned steps. The more careful and systematic you will be, you will have better chance of getting the best price for your house.