Selling your home is a big deal, and most people use a realtor to help them out. If you choose to sell your home on your own, you cut out the need to pay a realtor commission, which can lead to a higher profit for you. Use these tips to sell your home fast in a fickle market without a realtor taking a percentage of your profit.
Know what your home is worth
There is more to pricing your home than just knowing how much your current property is worth. Your proximity to schools, local businesses, and parks, and even the neighborhood you live in can all affect the overall value of your home. A great way to get a true value of your home's worth is to look up the value of neighboring homes for sale in your municipality, and adjusting your home's value according to its personal perks. Factors of your home that can impact its value include:
- A fenced yard
- Property size
- How many bathrooms you have
- Energy-efficient appliances
- Hot tub/swimming pool
Really market your home
Simply putting a 'For Sale By Owner' sign on your front lawn with a few balloons isn't going to sell your home anytime soon. In a competitive market, you have to make your home stand out and really 'sell' your house before you sell your house. Host an open house every weekend and serve light snacks and beverages to people who stop by to take an interest in your home. Prepare flyers that potential buyers can take home with them. Start a blog for your home, so people can remain updated and provide comments. Advertise your home in all social media outlets and take every interest from any buyer seriously. The more visible you make your home in your community, the more likely you are to sell it.
Hire a title company to handle closing
A title company helps with all your closing needs when it comes to selling your house. They factor for you the monthly payments (and send them out to your buyer), interest accrued, put in writing all the details attached to the selling of your home, and give you the peace of mind knowing that your home's sale is complete. A title company can even factor in who pays the current property taxes on your home, so no penny is left unspent where it needs to be.
Selling your home without a realtor is a great way to save money and get the most out of your home's value. Use these tips to sell your home fast, and you can net a large profit from your efforts.