Selling your home can be anxiety-inducing. Going at it on your own is even more so. There are plenty of options to sell your home, but if you do it properly, it could save you thousands of dollars.
Here are a few tips that can help you sell your home without a realtor:
Fix up all the things you have had on your to-do list. If it's something that you have wanted to fix, a potential buyer will also want to make those changes.
Take a walk through your house and fix the most noticeable things. Ask a friend to also take a walk through your home as they will notice things you are "blind" to.
Related: 7 Home Improvements Buyers Want Most
You should learn what your house is worth in your immediate neighborhood. Don’t ever guess your home’s value. You may perceive the value to be higher than it actually is. This could mean your home sits on the market for long periods of time and might hurt your ability to sell.
Don't settle on one cost market analysis (CMA). Get several CMA’s as the value may vary greatly between them.
Marie Kondo your home. Go minimal and let buyers see themselves in the space. Empty countertops, personal decorations, portraits, or crafts. No photos of the kids, no report cards on the fridge, no hygiene products on bathroom countertops – nothing.
After clearing your home of personal items, consider brightening up the home. Add lighting if necessary and use natural light whenever possible.
Do not use your cell phone to photograph your home. Most home buyers will be looking for homes online and professional photos sell. I know your nephew might be taking a photography class in his undergraduate program, but you need a professional. Find a photographer who specializes in real estate photography to show off your home's best features. Professionally photographed homes sell 32% faster and command a 47% higher asking price per square foot.
Compare listings in the area and make note of the features that are important to the seller. Sift through a the best listings and craft your own.
Put your phone number in the listing as realtors can pay to list their phone numbers above yours. Sites like Zillow allow realtors to plaster their numbers on your listing for a fee.
Once your listing is live, know which calls to ignore. Requests from real estate agents will flood in initially and they might be misleading. Politely let them know that you are not looking for a realtor.
Finally, set up a lock box so buyers can come by with their own realtors to visit your home when you aren’t around. Buyers prefer to visit a home without the owner present.
Once you get an offer, you can choose to accept or counter the offer. You should consider countering their offer at least once.
When you have decided on a price, sign the Purchase and Sale Agreement. The buyer will set up an inspection and you'll need to repair anything that comes back.
The bank will then send someone for an appraisal to confirm value of the home.
When everything is complete, you'll meet to transfer the title, make final signatures, and accept payment.
You can simplify this process by selling your home as-is to a home buyer like Nine8 Redevelopment. Selling as-is means you do not have to share a portion of your sale with a realtor. You don't have to make costly repairs, wait for the perfect offer, or show your home to endless potential buyers.
There are many ways to sell your home and some have more profit than others. We actually made an easy way to calculate the profit of selling your home (no email or sign-up required!).
Reach out to Nine8 Redevelopment and we’ll get you a free, no-hassle offer for your home. You could be on your way in as few as 7 days!