How to Sell a House by Owner - A Comprehensive Guide
Do you know that, according to the research, on average, you spend around $12300 on a listing agent commission? There is also a similar percentage on the buyer side. The primary motivator of a 61 % seller is to save money while selling a house to the owner.
The reason could be anything. Selling a house by the owner is a golden opportunity to make a valuable profit. You might be wondering how to sell a house by owner. In this article, we will discuss this in detail.
House Selling by Owner
Selling a house without any agent is a very
challenging and daunting task. The challenges that are faced by the house owner
are in paperwork, negotiating offers, and closing a deal on time. There are so
many websites available in the market that help you to overcome these
challenges. But you have to be careful while choosing the best one. Here in the
steps that you have to consider while you are selling the house by yourself
Step 1- Accurate Price Evaluation of your home,
You might be wondering how much is my house worth. As we all know, the listing price is
the most important and deciding factor for selling your house yourself or
through an agent. Evaluation of the right listing price attracted are huge
number of potential buyers. Don't confuse the listing price and sale price. The
listing price is just for driving traffic and not for sale. Always try to strike a balance between
overvaluation and undervaluation of price. Overvaluation leads to a loss of
huge potential buyers in the market; on the other hand, undervaluation misses
the opportunity to make a valuable profit in the market.
To beat the competition, you have to set the price lower than your competition. You can also consult the best house value estimator in San Bernardino.
Step 2 - Preparation for Home Sale
You have to consider certain things for a home sale.
● Keep your place and surfaces neat and clean, such as a dining table, TV table, study table, and more. Make sure you keep away towels, dustbins, and trash cans. Pack personalized items like photo frames, fridge magnets, toys, etc.
● Paint your home again. You might wonder why it is so because it appeals to your potential buyers. On a listing website, it stands out from the competition.
● If you look at the photography angle, use light bulbs. Natural lights are a positive trait for photography. Make sure the curtains are open.
Step 3 - Market our Home Properly
●
Efficient marketing leads to
closing a house sale very fast. You should hire a professional photographer who
can take amazing photos of your home. I can be used in every listing platform
and social media platform.
● There are so many sale-by-owner websites available in the market. Choose the website wisely and list your home there.
This is the full guide on selling your home by owner.
For more information, visit the 1%
listing fee website.
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