How can I sell my house without the assistance of a real estate agent?
Looking to sell your house without a realtor? You’re in luck! In this guide, we will walk you through the entire process of selling your house on your own. From finding a buyer to negotiating the sale price, we will teach you everything you need to know. Plus, we’ll introduce you to a company that buys houses fast – perfect for sellers who need to sell quickly. So whether you’re looking to save money on commissions or want more control over the sale process, read on for tips and advice that will help you sell your house without a realtor!
DISCLAIMER – Eagle Cash Buyers, our firm, is buying houses from sellers; we pay cash, buy as-is and close on your timetable, and in this post, we’ll reveal some of our secrets regarding selling homes. Our company’s typical process is to rehab and re-list the majority of the properties that it acquires.
A buyer’s agent or a listing agent can cost about 2%-3% of the final sale price. You will also have about 2%-3% you will pay the seller’s agent. Some other costs you might have to pay even when you’re not working with a real estate agent would be a real estate attorney (depending on your state), title search, and commissions.
Here are 7 quick-selling strategies that have worked for many people.
This is more than simply advice on how to sell your property fast. This is a structured checklist, as well as a step-by-step procedure, to ensure that your property sells quickly (without the need for a realtor)!
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Check The Competition
The first step is to understand what properties are selling in your neighborhood. Look for recent sales, visit open houses, and research listings online. This will give you a good idea of what buyers are looking for and how much they are willing to pay. Use websites like: zillow.com, realtor.com, trulia.com, etc.
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Make sure to inspect your home to prevent any unpleasant surprises.
I realize you wish to save money, and that is the reason why you are selling your home without a real estate agent. I get it. However, GET AN INSPECTION! This is a must-do that can’t be ignored. The reason is that your potential buyers will inspect your house, and you want to prepare for that. After every rehab project, our team of experts does a final walk-through to ensure everything is up to snuff. We don’t want any inspection surprises when we sell the property. I would recommend you use an ASHI inspector. A home inspection will typically cost about a few hundred dollars, anywhere from $200 to $500, depending on your location and the size of the property.
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Fix Everything That Needs To Be Fixed
Go over the inspection report with the inspector and ask what most buyers would require to be fixed. Remember you’re saving on a real estate agent (realtor cost) and the buyer’s agent cost. You want to ensure you invest your money smartly to attract buyers and get the highest final sale price possible. If you’re looking to get top dollar on your property or if you’re in a hot market, You can also consult with a real estate agent about any upgrades you need to do to get the highest sale price, I know what you think, why would they help me, right? You would be very surprised that most real estate agents would love to help you. Real estate agents get paid at the closing.
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Presentation – Never Skip That Part!
Potential buyers actively looking to buy a house see a lot of houses on the MLS (multiple listing service) or sites like: redfin.com, realtor.com, zillow.com, etc… or when they go to an open house, you have competition! And making sure your house is presentable, inviting, and, most important, looks like a home your potential buyers will want to live in. Clean your house and dress it up. Here you can find some tips on how to stage your house.
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Take stunning pictures
You can hire a professional photographer, or if you have a good camera and editing skills, you can take the pictures yourself. Pictures are a huge part of the presentation and will be the force that will move potential buyers to visit your house. If you’re an iPhone user, we found a great guide on how to take professional pictures using your phone – Check It Out.
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Tell Everyone about your house.
Your house is ready, and you should ensure it has been shown to potential buyers. Usually, FSBO sellers list their on: ZIllow.com, fsbo.com, and forsalebyowner.com , make sure you list your house with all three real estate websites. Put an FSBO sign on your yard. Maybe it’s time to consider a flat fee MLS service. The cost is a few hundred dollars, but keep in mind you only save on your own agent (seller’s agent). You will still pay the buyer’s agent.
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Learn your Contracts
Since you’re not working with a real estate agent and your buyer is also not working with a buyer’s agent, you will need to provide the buyer with a sales contract. If you are familiar with a local real estate attorney, he might be able to provide a purchase agreement. If you end up selling to a cash buyer, you can ask the buyer to provide the purchase agreement, the cash buyer will be able to walk you through the purchase process as well. Most of the time FSBO sellers simply google “Standard Purchase Sale Agreement [STATE]”, and replace [STATE] with your state name. Make sure you understand your contracts since you’ll need to convey them to your buyer.
To conclude:
Selling your house without a realtor can be done, but you need to understand the process and have some time to invest in it. It would be best if you also prepared your house for sale by making any necessary repairs and upgrades, as well as ensuring it is clean and presentable. You will also need to take stunning pictures of your property and list it on various real estate websites. Finally, you will need to learn your contracts so that you can sell your house without any legal complications.
With a little time and effort, you can sell your house without a realtor and save on commission fees! Good luck!
P.S. If you’re looking for a hassle-free sale, you can always sell your house to a company that buys houses! These companies will make you a cash offer on your property and close the deal in as little as seven days! Check out this link for more information: eaglecashbuyers.com
