Selling your house privately is a great way to avoid paying commission to real estate agents. You can do it in a number of ways. One way is to use the services of an online estate agent. This is a good option if you are looking for someone who will be able to conduct the sale quickly and efficiently, without giving up a percentage of the selling price. You can also sell it yourself with professional advice and tools. In this article you will read more on how to sell your house privately.
Looking for a partner to help you sell your home? Contact Red Sand Group today!
To sell your home privately, there are a couple of tips and facts that every seller should know about:
- The legalities of the sale are the same as if you were selling your house through a realtor.
- Make sure to get a home inspection to make sure that there are no hidden problems with the house.
- Set up an attractive listing that includes photos and a video walkthrough of your property.
- Utilize social media to advertise your property and reach as many people as possible.
Step 1: decide on the bottom asking price of your property
Selling your property is typically an emotional process, which is why it’s important that you find the right buyer for your home. Unfortunately, selling from an emotional perspective will also make you blind to the right value of the home. That’s why you should always focus on the bottom price that makes you comfortable. The price you set will have a great impact on how quickly your property sells, how many offers you receive, and the final price you get. Try to look at recent sales and asking prices on comparable homes in the area to figure out which price is acceptable to your target group.
Step 2: get a home inspection
One of the most important things to do after setting a bottom price, is getting a home inspection. A home inspection will help you identify any problems with the house that may affect the sale price or lead to expensive repairs in the future. You should also make sure that your property is clean, tidy and presentable for potential buyers by getting rid of clutter and making sure that there are no odors in the house. You should also get quotes from different contractors and tradespeople before proceeding with any work on your property and make sure that they are qualified and have a good reputation.
Step 3: create an online listing
It’s important that your listing is accurate and complete, as this will help potential buyers to see if the property is right for them. You should also ensure that it includes information about any special features or amenities that might make it more attractive for buyers, such as a garden, parking space or garage, and more. Make sure to include good pictures that can map out the atmosphere and size of the space, and create a walkthrough video of your home. This will help drag in offers from a larger target group.
Step 4: prepare your home for showings
If you are planning to sell your house privately, it is important to prepare your home for showings. If you don’t, buyers may not be interested in the property. This often happens because people can’t see through the clutter in your home. That’s why you should remove personal items such as photographs of your family or souvenirs from your traveling days. Some of the things that you can do are:
Cleaning up the exterior of the property and make sure that it looks tidy and well-maintained.
Fix any cracks or holes in walls or floors.
Make sure that all of your furniture is neat and clean.
Add any finishing touches such as fresh flowers or a vase with freshly cut flowers on a table, candles, etc.
Step 5: organize showings and drag in offers
A major advantage of selling your house privately is that you will get to choose and most importantly, meet the buyers during showings. There are many people who are willing to buy your house, and by selling privately, you can choose the buyer who is most likely to pay the price you want. Selling your house privately can be a great option for people who don’t want to deal with the hassle of finding an agent and going through the process of listing their home on the market.
If you have no negotiating skills, then actually selling your home can be a daunting task. Do you need help? Contact Red Sand Group now for more information on selling your home.