Many homeowners take on the task of selling their home themselves. It can save you money in commission but you must be willing to spend some money to market your home. You also need to be aware of the real estate laws in your area
The first thing you need to do is prepare your home. You need to clean it inside and out. Make sure the yard is neatly mowed at all times. It is also important to make repairs to anything that is not in working order. A fresh coat of paint in stained areas wouldn’t hurt either.
Next you will need to determine a listing price. A lot of people don’t do the research and list a home for what they need to get out of it or what they think it is worth. This is definitely a mistake. You can look around the neighborhood for homes listed by an agent and call to see what those home are selling for. You can go to your county’s public records and see what comparable homes sold for in your area. You can also get a free comparative market analysis from a Realtor. Listing your home at the right price is key to selling it in a timely manner.
Next you will need to market your home. There are several ways to do this. It is a good idea to create a flyer explaining the features of your home. You should put a for sale sign in the front yard and purchase a container to put flyers in so that drive bys can pick up a flyer. You can get these at your local home improvement store. Then you will need to advertise your home. You can find online sites to post it. You can put an ad in your local newspaper or find local bulletin boards to post it on with tear off phone numbers. Areas to post could be your local shopping mall, stores, libraries, and apartment complexes.
You may want to have an open house. Hand out flyers to your neighbors and invite them to your open house. You never know who they know that might be looking for a home. Be cautious of who you let in your home. Since you are letting strangers into your home, it is a good idea to walk around with them at all times. In addition to the open house, you need to be available to show your home to prospective buyers. Plan to take calls regarding your home at all hours. You need to have a flexible schedule.
There are many other legal details that go into selling a home. You should consult with a real estate attorney or a local title company that specializes in real estate transactions. They can draw up a contract for purchase once you have a buyer. Other things that come into play when selling a home are an appraisal, a title search, a survey, inspections, and setting up a closing date and time. For more detailed information check out foresalebyowner.com.
Tammy Hayes, Realtor, Sandals Realty, Punta Gorda, FL firstname.lastname@example.org