Are you thinking of selling your house without a realtor? Well, we don’t blame you.
After all, most real estate agents charge a 5 to 6% fee. That’d mean a $15,000 to $18,000 cut on a $300,000 property! Go without their support, then, and you can save a pile of cash.
Selling FSBO isn’t without its issues, though, so it’s crucial to know what you’re getting into. With that in mind, check out these 4 things to know before you sell your own home.
1. It’s a Steep Learning Curve
People hire realtors because it’s convenient. Remember, these guys and gals are experts in the field. They have years of experience selling houses, connections in the industry, and all the insights they need to navigate this complex process.
Most ordinary homeowners have none of the above! They’re walking this road for the first time and figuring things out as they go. If that’s true for you, then expect the sale to a) involve a steep learning curve, b) feel more daunting from the outset, and c) take longer to go ahead.
2. Staging Your Home Is Key
Staging is the process of displaying your home in a way that maximizes its appeal to would-be buyers. It’s crucial for making a good first impression and can speed up the sale like nothing else. So make sure you learn how to do it properly!
Start by uncluttering each room, fixing obvious issues, and doing minor renovations to make everything more attractive (such as applying a fresh coat of paint to tired walls). Oh, and do whatever you can to increase the amount of space and light on offer too.
3. Cash Buyers Lead to a Faster Sale
In a hurry to sell? Cash buyers are your best bet. These companies have money ready and waiting, which means they avoid the time-consuming hassle of arranging mortgages through a lender.
Now, you’ll never be offered as much money as your property’s actually worth. But you will sell it much quicker. If that’s your priority, then Googling ‘sell my house fast for cash’ should deliver a host of good options to look into.
4. Emotions Are Unhelpful
Most homeowners feel a sense of attachment to their property. After all, it’s packed full of happy memories! It’s worth distancing yourself from any emotions you feel about selling your house though.
Why? Because that sentimental value can cloud your judgment when it comes to pricing. You might charge more than it’s worth and price yourself out of the market in the process.
Time to Sell Your Own Home Successfully
Increasing numbers of people are choosing to save some money and sell their homes without the help of a realtor. It’s a brave call, but one that can be both successful and lucrative if you do it right. Follow the information in this article and you should be able to sell your own home with less trouble along the way.