Learning how to sell your own home can save you money. If things turn out alright, you can save what you would have paid a broker. Keep in mind though that the process of selling a house can be difficult. Learn as much as you can so you can avoid common mistakes.
Make your home attractive
You don’t want potential buyers to arrive and see a messy house. This will just turn them off to the property, and they won’t be back. You want these people to see your house in the best possible light. So you have to prepare.
Clean the house thoroughly so that no matter what room they see, it’ll be clean. Do some cleaning, pruning and simplifying of the outside. Your house has to look good as soon as they see it from the street. Take advantage of simple decorating tips such as painting walls or hanging crisp white curtains.
Choose an appropriate price
This is important because if you price it too high, people won’t even visit. But if you price it too low, you’re leaving money on the table. You can check ads for similar properties nearby to get a general idea of price. Consider also how much money you need to raise from the sale.
In addition, consider bringing in a third party professional to appraise your home. An appraiser can look at a property from an emotional distance. He can use his resources to better compare your property to others available for sale. This appraisal can also be helpful if potential buyers will later try to lowball you.
Get the word out
People need to know that you’re selling a house. Buyers who are in the market for a home need to learn about your property. You can start by posting ads on craigslist and other online advertising sites. Post a helpful description of the property, as well as interior and exterior photos.
You should also put up a yard sign, in case someone interested passes by. You can also consider brochures, flyers and posters. But also consider having your property listed in the multiple listing service (MLS). Doing so will cost you, but it can bring in additional needed exposure.
Have good buyer inspections
Hopefully, as the word gets out there, people will begin to visit your home. You need to set aside time for these visits. If you have pets, keep them away for a while. Make sure that visitors will be able to view the entire house.
You need to strike a balance during these inspections. You have to be helpful so that if the buyers have questions, you can answer these. But at the same time, you don’t want to come across as intrusive or overbearing. Be there, but don’t be in their faces.
Selling your own home can be a stressful experience. It involves preparation, research and negotiation. Just keep on learning, and doing what needs to be done. Keep these points in mind, and the experience can turn out better.