Tips to sell your house for better price
Owning a home is one of the biggest investments most people never do. When it comes time to sell your property, the usual practice is to find a realtor.
After the sale, the agent and the buyer’s agent will share about 7% of the sale price as its commission, equivalent to a significant share of its capital is losing realtors.
After the purchase and sale of several properties, I finally realized that I was paying realtors too much money for something that I could manage. I discovered how to sell a property without losing much more equity than if he had hired an agent.
What is a real estate agent do?
A realtor essentially four things for his committee:
- A list of the house with the Multiple Listing Service (MLS).
- Home markets despite flyers, advertisements, and a website.
- It facilitates projections of your home and perhaps open house event organization.
- It acts as an intermediary to begin negotiations and the accompanying closure.
After working with real estate agents, many times, I decided to try to sell a house on my own. Here are the steps to follow if you decide to give up using a real estate agent to sell your home:
How to be your own real estate agent to sell your home
1. the price of your house for sale
Before putting the property on the Multiple Listing Service (MLS) or elsewhere, make sure you have the competitive price of the house. Using the Internet to get an idea of prices of similar homes in your sales region, then price your home accordingly.
It is easy to get stuck in this stage, especially if you have lived in your home for a while, you may feel compelled to overprice the house. Do not fall into this trap. Remember, the goal of this process is the sale of your home, so make sure the price is realistic.
2. Get a lump MLS list
The MLS is a complete list of properties for sale in the United States is available for real estate agents, and in some areas, potential buyers can also search for homes using the MLS. There are services that list your property on the MLS for a few hundred dollars. Search for “flat fee MLS” online to find similar services in your area.
3. Market your property
In addition to the list of a home in the MLS, advertising by placing “for sale” signs, creating flyers, put ads on Craigslist, and build a website to market the property. FSBO.com offers home-selling packages for homeowners from $ 69.95. marketing packages include items such as brochures and signs. There will be costs associated with advertising to sell your home, but it will be only a part of the commission of an agent. The real cost is the amount of time and energy it takes to put on the sale of your home.
4. Hold an Open House
You can also organize an open day to announce the sale of your home. Advertising for the open house by posting signs in your neighborhood. Take a glass and brochures available on the countries of origin that visitors can take with them as they leave.
5. Know outputs belonging
When writing the ad text for websites or brochures sites, make sure to include the basic information of the house, including price, number of bedrooms, number of bathrooms, the lot size, location, and of course the specifics They are the homes of special potential buyers.
Take a look at other ads on Craigslist, websites Realtors’, and Yahoo! Real Estate to get an idea of what kind of details sellers and agents are included in their advertisements. You will quickly learn that features such as granite countertops, stainless steel appliances, and large windows attract buyers. Determining what is special about your home and highlight these features in their marketing efforts.
6. Get ready to show your home
You have to prepare your home for an open house projections and days. Deep-cleaning the house, including washing kitchen counters and appliances, shampoo carpets, linoleum cleaning, and hide their memories in a closet (ie house cleaning tips for spring and checklist). The end result should be a home that is absolutely clean and stripped of most personal items.
7. Show your house
You will need to place a key in a safe and respond to calls from other agents or buyers. If you’re home during the day, you can show the house itself. Otherwise, you must verify the identity of the agent prior to its combination lock box.
Another option is to find a realtor in the letter, which will perform this function for sale without asking for a commission on the sale price of the house. After an agent shows your home, make sure you call to follow the screening. Some agents will share the feedback from the buyer with the owner if they feel they do not compromise the privacy of its customers.
8. Make your own negotiations
real estate negotiations take the form of a contract that is sent to the seller. The seller can accept the offer, or review the contract and send it to the buyer. The process continues until both parties sign a contract.
In most states, it is a model contract for the purchase of real estate. If you are not familiar with the contract, should the attorney review. Or, you can find a real estate agent that will perform this function with you for a flat fee. After passing through this process before, I am able to consult family members who were realtors and lawyers, and then negotiate with the other party to sell my house.
Agents to close deals quickly so they can get their commission, even if you do not get in the end the price you want for your home. They can transmit even without realizing its negotiating position for the buyer. If you are a seller in distress, this is the last thing you want an enthusiastic buyer to learn. You make your own business ensures that you do not give indications of significant distance from their financial strengths and weaknesses.
9. Comply with all applicable laws in your area
It is very important that you follow the laws as part of the sale of the housing area. Some laws are universal and apply to the sale of your home, no matter where you live. The Fair Housing Act stipulates that sellers can not discriminate buyers on grounds such as race, religion, and sex. Contracts and agreements found online can help start the sales process, but remember that these forms are not specific to your particular situation. It is best to have a board exam in real estate all documents and contracts for the sale of your home.
Selling a home is not for everyone. Many people do not have the time or patience to deal with this process. And for some, if the list price is low enough, the potential savings would not be worth the time and effort required to sell the house without a real estate agent. In any case, if you plan to list your home, at least consider the great savings you can enjoy the sale of the house on their own. If you know a bit about real estate, and can make the effort to do a good job, you can save a huge amount of money by selling their property.