There can be a few reasons why you may want to try and sell your home without an agent. The top reason is usually that people want to save on commissions. Another is because the home is in need of significant repairs and an agent has informed you that you need to make these expensive repairs before they will list it. So now you want to try and sell your property without using an agent and don’t know where to start. If you are one of these people, keep reading to learn some great tips on selling a property yourself as quickly as possible.
How To Sell Your Home Quickly Without An Agent
Selling you house yourself is going to take some work. There is a reason agents make the money that they do, but with all of the info on the web these days, it is a lot easier to sell your home yourself.
Selling your house yourself, or For Sale By Owner (FSBO, pronounced Fizz-bo) requires a little investigation and planning on your part. The biggest thing where a lot of homeowners miss the mark is properly pricing the property. Get this wrong and not only will you NOT sell your house fast, but you may end up holding onto it for months. Here is some good advice from the site For Sale By Owner:
Above all, that means listing your house for a fair price.
It’s easy enough to find out what your home is worth. Sites like realtor.com, zillow.com and homegain.com can help you review comparable real estate listings available in your neighborhood.
You should also ask a realtor or two to stop by for a comparative market analysis. They don’t charge for the service, you can be honest about your intent to sell-by-owner (they’ll be waiting if it doesn’t work out) and they might even give you some good ideas on quick fixes to help you sell faster.
Once you’ve arrived at a fair market price, you can either list for that amount or, considering the growing inventory of available homes, discount your price just enough to position your property as a bargain.
There are even more sites that you can use to help determine the true value of your property like Trulia.com and Redfin.com and possibly more in your local area. The more places that you have to look for comparables (properties similar to yours), the better of a chance you will have to correctly set the right price.
Depending on how many properties are available in your local neighborhood will determine if you need to set your price a little lower or not.
The next thing you are going to want to do is get your house ready to sell. What do we mean by that? Cleaning, decluttering and making any repairs that you can to the property. Here is something from Pocket Sense to help guide you:
Prepare your home like a professional. For example, you’ll want to make the best first impression on potential buyers by having curb appeal. You may have to invest a little money in paint or landscaping services, but the reward of selling your home quickly will be worth it. Choose neutral colors for your home’s exterior areas, such as the front door and window shutters. Paint dingy interior walls with neutral colors, such as white or beige as well. Clean out clutter and remove any traces of your family’s unique personality inside the home. Some people even hire professional home stagers to get the ideal look before a weekend open house showing. Save money by simply paying for a one-time consultation and do the staging work yourself.
All of that is really good advice. Decluttering, depersonalizing, painting and staging can be worth it’s time to help make your property stand out from the rest. Curb appeal is extremely important. You only get one chance at making a good first impression. Most potential buyers form an opinion about your property within the first minute of arriving and before even entering the property. To learn more on curb appeal check out our previous article “Exterior Painting Will Help Curb Appeal And Sell Your House“.
Now you may have done everything listed above and you have an interested buyer. Now what? This is where it pays to do your homework. No matter what you need to contact an attorney to help you with all of the correct documents for your state. Here is some good advice to help the closing and turnover of the property to go smoother from AOL:
Make sure you are familiar with the required closing paperwork for a home sale in your state. Hopefully, your buyer will have already shown you their written preapproval and you will sail through the closing process. But be prepared for snags or delays along the way. Add some cushion to the closing date: Schedule your move and the turnover so that it’s somewhat flexible, should the mortgage approval process be delayed. Be prepared for the results of any home inspections and appraisals, and come to the closing table with everything mandated by state and federal law.
Hopefully your buyer can be a little flexible in case things don’t go as smoothly as you hope. Sometimes there are little snags, like a previous loan or HELOC on the property isn’t showing paid off, or other title problems. Sometimes inspections might throw a snag in your closing as well. To help avoid this go ahead and have your own home inspection prepared beforehand to help identify any potential problems you may not be aware of.
Lastly, anyone in the Metro Atlanta area will recognize this person that gives some good advice about selling your house yourself:
Clark pretty much reiterates that you need to have a plan when it comes to selling your house. However he does leave out one method of how to sell your house fast without an agent, and that is selling your property to an investor.
Investors are in every city in the U.S. and will buy your house quickly, most of the time no matter it’s condition. Not all of the companies are legitimate though. To learn more about finding a good company to buy your house check out our previous article “Finding A Reputable Company That Buys Houses“.
Summing It Up
There are 3 things that you have to do when attempting to sell your house yourself fast without a realtor. First, make sure you get the price right. If you need to help pricing your property, ask an agent. Second, get the house ready by cleaning, decluttering and lastly make sure you know what it is going to take to close the deal as far as paperwork.
If you want to sell your house yourself fast without an agent and are in Dallas Georgia, or any other part of Metro Atlanta, contact us by visiting our website or call us for a free, no obligation offer at 770-756-8680.