In today’s economy, you may want to sell your own house. After all, the real estate agent will take up to 6% of the sale costs. And with the decreasing value of today’s home, that may be all the profit that you make. It may even eat into what you need to pay off the mortgage. So doing it yourself can seem like a good idea.
There are a few things you need to consider before you start this process. First, you need to know there is a lot of paperwork. So you will want an experienced professional to help you deal with the paperwork for your state or city.
Before you list your home, you need to do your research into current market prices. Look at what houses in your area are priced at. Also, look at what houses have recently sold for. If there is a big difference between market price and actual sale price, you will want to make your price similar to the sale price. This is especially true if you want to sell your property faster.
Before you place your house for sale, make sure you get it ready. You want to ensure that your house is clean and in good repair. Also, make sure it smells nice. A lingering odor can make a very bad impression on a prospective buyer.
If there’s just one area that you pay attention to, make it the front of your home and the entryway. A buyer gets their first impression from these areas. They say it only takes 10 seconds to decide if you want to buy a house or not. So if you make your first 10 seconds count, you have a much better chance to sell your own house.