| tart --> | | | | before the sign goes up in the yard. First |
| Although it is certainly possible to successfully sell | | | | impressions count so make sure that your home |
| your home without an agent, keep in mind that it | | | | makes a positive statement. In fact, try to look |
| generally requires a great deal of dedication, extra | | | | at your home through the eyes of a buyer and |
| effort, and some good, old-fashioned know-how. | | | | make appropriate changes. |
| Okay, so how to sell your own house - for | | | | The price is critical as well. Pricing your home |
| starters, you will need to determine the value of | | | | appropriately is serious business. This will be based |
| your home by researching other homes sold in | | | | on current market value and not what you think |
| your neighborhood over the past six months | | | | the house is worth. The key here is to detach |
| including ones currently on the market. This can | | | | your emotions, although sometimes hard. Be sure |
| be done by checking with your local city hall or | | | | to budget your selling costs and then prepare a |
| following flyers, newspaper advertisements, or | | | | list of your net proceeds so you have a good |
| books that list homes for sale. Records with the | | | | estimate as to the money needed out of the sale. |
| National Association of Realtors show that about | | | | Then, there is the factor of legal documentation. |
| 33% of people selling their own home say they | | | | Another tip for how to sell your own house |
| would never do it again. The main reasons include | | | | involves understanding the various forms of legal |
| challenges with setting the asking price, liability | | | | documentation to include the contract, which you |
| concerns, marketing/advertising handicaps, and | | | | are responsible for assembling, completing, and |
| time invested. However, by being prepared, you | | | | most importantly, understanding. Other documents |
| can not just sell your own home but sell it for | | | | needed might include mortgage payoff, loan |
| more than you expected. | | | | application, deposit received, buyer's cost sheet, |
| After setting the price, you want to advertise so | | | | property fact sheet, personal property, closing |
| buyers know your home is now on the market. | | | | and settlement fees, property survey, exclusion |
| Place a "For Sale by Owner" sign in your yard, | | | | list, seller's statement and/or plot plan of |
| take out local newspaper space, and even post a | | | | representation, and appraisal. |
| sign at the local grocery store. Before long, you | | | | Finally, be sure to use effective marketing and |
| will get calls but remember that the majority will | | | | stay optimistic. For the marketing, once the price |
| only be inquiries and not from serious buyers. | | | | has been set, make sure your marketing and |
| Therefore, be patient and diligent. | | | | advertising is strong, telling potential buyers in an |
| The first and probably most important thing you | | | | effective manner why your house is better than |
| need to do is ensure your property is ready for | | | | any other house. Then, as potential buyers look at |
| sale. If everything is not in perfect condition, then | | | | your home you will need to be there since you |
| serious buyers will not take the bait. This means | | | | are the "selling agent." However, it is important |
| you have curb appeal, nice plants in the yard, | | | | that while showing the home, you also provide |
| green grass, and the house is painted, etc. For the | | | | buyers the opportunity to look around without |
| inside, the flooring needs to be in great shape, | | | | you hanging over their shoulders. Whenever |
| walls painted, countertops cleared of unsightly | | | | possible, take the time to point out positive |
| belongings, and so on. Presentation is the key to | | | | characteristics about the house. |
| attracting buyers so be sure you are prepared | | | | |