There are a couple of things in life an individual has to learn on his or her own. Although selling a property doesn’t make this long list, it’s okay to try out and get the feel from experience. In this real estate industry, we have brokers or realtors that are always willing to help you out to find the right buyer. However, their services usually come at a fee, and most of the times this commission is way expensive for an average individual. That’s the reason why some people opt to roll with it and stay optimistic the sale will be successful.
If your motivation is to sell your home on your own, there must be a few things compelling this action. For instance:
- Keeping up with your mortgage has been an issue, and you can foresee foreclosure coming your way
- Your home has no or very little equity and affording a realtor is impossible
- You don’t see the need of working with an agent whereas you have the option of saving if you go at it on your own
- Selling with the services of such a professional will mean you have to wait for months end so you want to give it a shot an see if you can manage to find a buyer more quickly
All those reasons make perfect sense. You’ll be happy to know it’s possible to sell a house without the help of an agent especially since the market has been recovering trend after the global economic crunch.
Therefore, to avoid the migraine of having to pay the real estate agent or the expensive process we’ve decided to draft this piece that will act as your compass along the way. Here are some tips you can work with:
You need to look into what the market forces dictate. Conduct a research but confine yourself to your neighborhood. Look at other similar homes and find out what the asking price is and the average listing rate. It’s also imperative you find out whether most houses are undergoing foreclosure because such a process usually drives the costs down.
- Assess the property
Sellers usually want their properties to stand out – look different. It should bring something unique to the market, so the first order of business is to ensure it’s in pristine shape and top condition. Tailor your marketing techniques around features that other houses in the area lack. Take for example you’ve noticed some homes don’t have a fireplace or driveway parking. Use this to your advantage while negotiating the price.
The social media happens to be an excellent source of information in this day and age. Take walk-through videos of your place and pictures then post them online to reach out to a broader audience. Videos are usually more transparent compared to photos so if you can, use them instead.
- List your home on the Local MLS
Today we have so many low fee real estate brokers who will gladly let you put your property on MLS. Go an extra mile and place ads in newspapers, or signs along the road. Don’t forget to hold an open house.
All you have to do is to be creative and open to possibilities if you want to sail through with minimal hiccups. But if you still find all this too much a hassle, Get in touch with Lynk Capital, Inc. which is a real estate investment firm that buys all kinds of properties at a competitive price.