Be your own agent: how to sell your home by owner

for sale by owner sign

Selling a home can be difficult. This is doubly true if you’re trying to sell a house it without the help of a real estate agent. However, it’s important that you know: it can be done.

Thinking about selling your home without the help of a real estate agent? Need some help doing so? Here is how to sell your home by owner.

Here’s How to Sell Your Home By Owner

Selling a home by owner is a little different than selling a home via a real estate agent. Here are the keys to getting it right.

Price it Correctly

First and foremost, you need to price your home correctly. Failure to do so will lead to a lack of buyer attention, leading to a house that sits on the open market for months.

The question is: how do you get the price right? There are a few different strategies you can utilize, but the best option is to find the sale prices of similar homes in your neighborhood.

If a similar house sold for $215,000, you should think about pricing yours at $215,000 as well.

Note, however, that there are other factors to consider as well. For instance, when pricing your home, you need to remember the buyer agent fee.

This is a sum of money that you pay to your buyer’s real estate agent upon the completion of the sale. In most cases, it consists of between 2.25% and 3.5% of the total sale price.

Don’t want to lose money paying this fee? Increase the listed price of your home to make up the difference.

Make Enhancements

If you want to sell your home at a reasonable price, you have to make it something worth selling. Most buyers aren’t looking for homes with 20-year-old appliances and antiquated floors. They’re looking for modern.

This is why, before you put your house up for sale, you need to make enhancements to it. Update the appliances, replace the flooring, siding, and roofing, gussy up the yard, and do everything you possibly can to make your home more appealing to prospective buyers…
 
Continue reading the article and learn more about selling your home on LifeIsAnEpisode.com.
 
 

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