Selling a house by yourself without the help of a real estate agent or broker is becoming very popular amongst home owners today. Selling your own home is much easier than most people think. One might ask, why should I sell my house by myself? Do I really need a Real Estate Agent or Broker to sell my home? The answer is no, you don’t need an agent or broker. For starters, the amount of money that can be saved from listing fees and agent fees can be tremendous. For example, if you are selling your house for $300,000 and your agent commission fees are in the neighborhood of 6 or 7 percent of the final sales cost, you will end up paying anywhere from $18,000 to $ 21,000 in commission fees.
Also, when you sell your own residential property, you will be able to price it more aggressively which in turn will help sell the property quicker. For example, selling two comparable houses in the same general area by different methods usually affects the actual cost of the properties. When an owner is represented by an agent, the markup on the property is usually more. The seller now has to sell for a higher price because there are commission fees associated with selling through an agent. On the other hand, if an owner sells their own property they will be able to price the home more competitively. This will in fact make your house sell quicker. Selling your own house quickly and efficiently is the name of the game. Regardless of whether you are selling your house through an agent or you are a For Sale by Owner, HouseLocator.com can help.
Capturing the eye is one of the most important aspects of selling a house. Home buyers are attracted to clean, spacious, organized houses. Houses that are cluttered do not look good to potential buyers. If your house is aesthetically pleasing to the eye, it will improve your chance of selling your home. Once you have taken care of all the odd jobs that needed to be done in order to show the house, invite a friend or neighbor to walk through to give you an opinion on your house.
Pricing your home is a very important aspect of selling your house. You don’t want to underprice or overprice your home. If a seller were to underprice their property they could be loosing out on profit. If the house is overpriced the owner could deter potential buyers. This is the single biggest problem with selling your own home. Owners in the past did not have access to tools that could give them an accurate idea of what the market price of their home was. HouseLocator.com offers the Homesmart Value Report that generates an estimate of your property. The Homesmart Data Report allows you to see recent sales activities within your area. Another way to determine your home’s value is to look up recent sales records recorded in your town or county clerk’s office. This will give you a better analysis in figuring out how much your house is worth.
Realtors use similar tools to come up with the basis of how much your house is worth. They will add or subtract according to your home’s advantages. Also, comparing houses already sold in your area by year built and actual square feet will give you a much better idea of how much your property is worth. Even if you are using a realtor or an appraiser, you can still use the tool at HouseLocator.com to analyze the value of your house. Don’t let your house be undersold!
Hiring a Real Estate Attorney is very important. Although it is an additional expense, your attorney will be responsible for reviewing your contracts and protect your interests throughout the entire transaction. Since there are many clauses and stipulations in a contract, sellers are recommended to be protected legally. For example, if the buyer put a clause into the contract stating that your Plasma TV is contracted with the house and you are not aware of it, by law you are obligated to give up your TV according to the contract. Hiring a reputable real estate attorney is to your advantage. Also, an attorney will advise you legally about what is required by law to disclose on your contract. Once your contract is bonded, your attorney will be your escrow agent for deposits and down payments.
It all boils down to having a licensed individual watch over your interests. Unless you have extensive experience of the entire process and what it entails, it would be advisable to hire a reputable Real Estate Attorney.
The name of the game is to market your home to a large base of people. Advertising your home to millions of potential buyers is the type of exposure you want. If you would like to sell your home quickly, HouseLocator.com offers a unique service.
HouseLocator.com provides exposure of your home to millions of potential buyers worldwide. With over a half million listings, HouseLocator.com has become a very powerful research tool for buyers. HouseLocator.com has an extensive advertising and marketing budget which provides sellers with unlimited exposure of their property to potential buyers.
