FOR anyone that has sold a home themselves..?

Question

where did you being to do that? a few people told me to try and do it on my own since market is down and people feel better negotiate with sale by owners because we will bend since we dont have to pay anyone else commission. but i want to do it right for both me and the buyer so i want to follow all rules and give it a chance before i go to a realtor...any suggestions or steps to follow, sites to check out, anything?

Answer 1

There really are no rules to selling a house (either through a realtor or by yourself).

You need to advertise and find the buyers, but it may be worth it to you to save the commission.

Just make sure you have a good real estate lawyer. If you need some research, I am attaching a link to some books available onthe fsbo website (fsbo = for sale by owner).

https://www.fsbo.com/retail_shop/

Answer 2

Do what a Realtor would tell you to do or do themselves.

Get your home in top marketable condition. There is alot of inventory for home buyers to look at, so yours has to stand out from the crowd. HGTV's website has some great articles on how to get your home ready to sell for every budget, check those out.

Most office supply stores will have standard fill-in-the-blank contracts that you can use. If anyone brings you a RE drawn offer to purchase with contingencies, get your own attorney to look at it first. (I love the term wackie-doodle contingencies, I am going to use that) Some savvy buyers prey on naive sellers and get them to accept contingencies that are not favorable to the seller.

I agree that you should consider safety first. Pack up valuables and put your jewelry in a safe. Make sure you have a friend or family member present for showings and open houses. Some people will see your sign and knock on the door wanting to see the house. Enforce "by appointment only" if you are alone or are the least bit uncomfortable.

Decide if you will give a buyer's Realtor a commission for bringing you a buyer. They won't bring their prospects unless you advertise that you will cooperate with Realtors.

Advertise everywhere you can think of.

Good luck!

Answer 3

To begin, you need to prepare your home to be the best! It has to be the cream of the crop in the neighborhood. Pack away anything and everything you don't use on a daily basis. If you haven't painted in a couple of years, paint a nice neutral color to make it look fresh. Scrub all woodwork, including doors, you'd be surprised how much they collect dirt and smells. If you've smoked in the home, you will need to paint first with Kilz, then a regular paint. If you have animals, maybe have the duct work cleaned out. Fix anything and everything that you have put off doing since you moved in, such as replacing that cracked light switch plate. Things of that nature. You might consider having a professional come in and "stage" the home for better showing.

To spend a few dollars now, will save you time and money in the long run.

When you do show the home, make sure to turn on all the lights and open all the drapes/curtains for natural light. If you're having an open house, make sure to bake cookies! The smell is a buyers dream.

Good Luck!

Answer 4

I sold a home myself - but I had already been approached by a ready and willing buyer. We had negotiated the price before hand and so it was pretty cut and dried.

I looked up sales contracts for my state (each state requires different things) at the court house and wrote up the sales contract myself.

But if you're not schooled in real estate - you may wish to pay the commission and sell through an agent.

At the very least, contact a lawyer and have them draw up the sales contract for you.

Answer 5

I'd promote by way of an agent simply given that of the entire paper paintings that is concerned. I simply do not need the time and inclination to determine all of it out and be certain I do it adequately. I believe it can pay to have any person who is an educated on writing truly property revenue contracts, contingencies, and so forth. Plus, whilst you promote regardless that an agent you get your condominium indexed on MLS. It perhaps feasible to get the condominium on MLS these days despite the fact that you're promoting it your self, dunno for definite. And there perhaps different directory offerings for homeowners who're doing it themselves. And eventually the agent will have to be very acquainted with the marketplace and be equipped to deliver you a extra expert opinion approximately whether or not presents are a well rate or now not. It definitely is luxurious and I do not precisely recognize whether or not you get your cash's valued at, however I'll nonetheless use an agent as an alternative that do it myself while I finally promote my condominium. Seems to me that the advantages are normally valued at bills. Especially if I have a role and cannot have enough money the time to exhibit the condominium and be gift for inspections and what now not.

Answer 6

Check out www.realtor.com.

Click on "Seller's Guide."

Read all the info on preparing the house for sale, marketing, etc.

Be very careful about letting strangers into your home (never do it when you are alone), and that you don't say or do anything discriminatory in nature.

When you do accept an offer to sell, be sure to to provide all the required disclosures (check your local laws on that, plus federal stuff like lead paint, asbestos, mold, etc.), make sure your buyer has a commitment from a lender (get it in writing), and that the contract you sign has definitive dates and protects you from additional out-of-pocket costs and buyer defaults (and no wacky-doodle contingencies or expectations).

Good luck and best wishes.