Realtors come in handy because they take care of all the stress that comes with putting a house on sale. They take control of everything from marketing, to viewings, and the legal work needed to get the property sold. However, most realtors charge a considerable amount of agency fees. If you would like to cut cost on the huge agency fee, then you can sell your house privately. One of the perks of selling a house without a realtor is that you get to keep a higher percentage of the money after the sale.
Selling your house without an agent will take a longer time. It takes time to get the home ready for viewings, advertising, and negotiating with prospective buyers. However, with the right plan and dedication, you can ultimately sell your home without an agent. Here are seven ways to successfully sell your home without an agent.
Renovate and Spruce up Your House
Even before you have your house valued or attempt to put it on the market, you need to ensure it is fit for sell. It would be best if you took your time to upgrade and improve the exterior and interior of the house. Ensure the house gets a fresh coat of paint, get rid of clutter, and do some landscaping. Check the fixtures and repair any available leakages. You ultimately need to give your buyer value for money. Not only will your house sell quickly if it is in good condition, but it will also fetch a higher value.
Get Your House Valued
You should not attempt to value your house based on what you feel is the appropriate value. It would be best if you researched how the rest of the houses in the same neighbourhood are valued. You also need to check the listing and selling price of other similar property because these two prices will always be different.
You can get your house valued by other companies. Most companies will value your home free of charge. The key things to keep in mind when valuing your house is its age, its condition, number of bedrooms, size of your garden, and location.
Get Detailed Descriptions of Your Home
Before you start marketing your house, you need to get good photographs. If you have the time and the money, you can hire a photographer to take beautiful photos. Ensure that you make a detailed description of the house as well. Focus on its size, its proximity to amenities, and other outstanding advantages.
You need to understand that unlike in the past, simply putting a for sale sign will not sell the house quickly. There are a lot more ways to advertise. You need to make the most out of ads. For instance, you can put up an ad on your local newspaper, online listing sites, and community boards. You can also use social media for advertising your house. Just be strategic about it.
Once you advertise, you can host viewings. You can choose to stage the home with neutral colours. This allows buyers to envision themselves in the house. Take your time hosting viewings and let your prospective buyers go through the house. Focus on conclusively answering any questions they might have.
Keep Your Head in Negotiations
After your property is valued, have a mental picture of your asking price. Identify how low you are willing to go on price when negotiating. Take your time listening to the buyer’s final price and try to negotiate with them. Be flexible, but be keen during negotiations, at the end of the day, you do not want to sell your house at a loss or undervalue.
Seek the Services of a Solicitor
You do not want to get stuck with the legal work involved in selling a house. You also need to ensure that you do not make costly legal mistakes. So hire a solicitor who will handle all the legal aspects of the work.
If you are looking to keep a considerable percentage of the money after the sale by getting rid of agency fees, then selling your house without an agent is the best idea. It will not be easy, especially if it is your first time. However, there is a lot to gain if you choose to sell your house privately.