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Advice For Selling Your Home Yourself

Posted Tuesday, September 11, 2012

When most people sell their home, their first call is normally to a relator to sign a contract allowing them to sell the property on the homeowner’s behalf. Unfortunately this convenience comes with a cost. Realtor fees begin generally are no lower than 6% of the selling price. This can add up fast, but fortunately it is possible to successfully market and sell your own home.

You must begin by fixing any maintenance issues. Consider removing some of the more personal items and re-arranging furniture so your home will sell well. Do not forget to tidy up the landscaping and the garage as well.

Once everything is looking its best now take photographs of the home inside and out. Now you must consider your asking price. Look at nearby comparable homes to see what they are selling for. Remember to set your price a little high to allow room for negotiation. It is advisable to hire an appraiser to get a credible opinion on the value of your home.

It is terribly important to get your home online. You can do this by creating a website for your home, with full pictures and details or listing it online with a website specializing in For Sale By Owner (FSBO) homes. To attract the attention of local real estate brokers you could choose to offer a 3% commission to a sales agent whose clients end up purchasing your home. Offering a small commission is like dangling a carrot in front of realtors that says sell my house!

Showing your home in the best light is important. Send the kids to grandmas, and give everything a good straightening up. Lock up or hide well any valuables. When potential buyers arrive, greet them and put them at ease. As you show the house keep it positive and focus on the highlights of your home. When the showing is over have a card or brochure printed up with the house information and your contact information so you can give it to them so they can follow up with you.

Once a buyer is found try to close as quickly as possible. Always make a counter offer to any offer they make to try and arrive at an agreeable price. Since the real estate process involves a lot of paperwork consulting with an attorney is advised for a quick and safe sale. Then you may settle into your new home sit back and relax knowing that “I was able to sell my house all by myself.”