There’s no doubt that real estate agents can help you sell your house easily without causing you a lot of worries, but you should also think about whether it’s worth asking for their help. FSBO or for-sale-by-owner listings are common nowadays, and 11% of homeowners completed their sales without paying a real estate agent.
Selling your house without services from a real estate agent can help you save as much as 6% of the price that your agent will have as their commission. For instance, if you’re selling your house for $250,000, you can save at least $15,000. However, the process will not be easy, so you have to make sure that you’ll keep track of what’s happening during the whole process.
You can take note of these ways on how to sell your house without paying a real estate agent’s commission:
Sell Your House To A Home-Buying Company
A home-buying company can buy your property straight off. All you have to do is to show them your house, and they will assess it to estimate the value of your property. If you’re a person who doesn’t want to handle things and wants to settle as soon as possible, a home-buying company is perfect for you.
Some people opt for a home-buying company, such as Very Fast Home Buyers, located in Houston, Texas, because they buy houses as-is. If you don’t have enough time and money for renovations and other preparations, all you have to do is sell it to a home-buying company that is willing to buy your house even if it’s not in the best condition. They will pay you a fair price, and you’re good to go.
Also, advertisement is another aspect that you should consider when selling your house. With a home-buying company, you don’t have to worry about advertising and they will give you the payment immediately. You can also avoid stressful and tiresome processes, especially if you’re a busy person.
Get Your House Prepared
Begin your preparation by decluttering. Get rid of your personal belongings that are displayed, like family pictures and other items that can indicate your personality. You can get a storage unit to store your things while you’re trying to find a buyer.
Also, ensure that you clean the house and eliminate the dust that may disappoint your buyers. Furthermore, keep in mind that the exterior of your home also affects a buyer’s decision, so make sure that you pressure wash the driveway and walkways, and keep the garden appealing.
Lastly, wrap up any unfinished projects and look into places that you don’t usually see to know if there are things that need replacements. Usual projects include:
- Reorganizing furniture
- Adding decorations and homey accents
- Repairing cracked walls
- Using artificial lighting
- Upgrading countertops
- Repainting the walls with neutral shades
- Changing obsolete appliances
Preparing your house before putting it on the market is necessary to show to your potential buyers that it is ready. This will let them imagine themselves living in your house, and doing these simple changes can increase the chances of you getting an offer.
Advertise Your Property
MLS listings and “For Sale” signs near your house are not enough to advertise and attract the attention of potential buyers. Some social media platforms can help ensure that you are doing enough marketing. FSBO and real estate sites can greatly affect the process of advertising your property.
Additionally, local classified websites are also available for free, and home sellers and buyers commonly use these. You can also try to post an advertisement through your Facebook account or a house tour using your YouTube channel.
There are various ways to market your house, so don’t hesitate and try out these approaches. The next thing you know, you’re receiving a lot of calls from your buyers.
Know Your Home’s Value And Set Your Price
The first step when deciding the price is knowing the value of your house. It can let you sell it quickly because of the low price, or let it stay in the marketplace for an extended time because of an expensive price. You can seek help from real estate industry sites that can estimate your house’s value.
You can also try to compare the homes available within your area to have an idea of how much you should price yours. Find houses that have similarities with yours and determine if your price is too expensive or not. A low price can also cause a bidding war that will make the price of your house costlier than it should be.
Collect Information And Create Your Listing
Gathering pieces of information about your house and creating your listing is important to inform possible buyers on what to expect in your house. These pieces of information should include when the house was built, the size of the house, how many bathrooms and bedrooms there are, the lot size, parking structure, and particular details that can attract buyers, like the style, yard, garden, and curb appeal.
Selling a house without paying for a real estate agent’s commission is possible, but you have to make sure that you’ll keep an eye out during the whole process. And whether you opt for a home-buying company or you’re willing to handle everything, these methods can ensure that you’ll sell your house without paying for a realtor.