Selling your home on your own has always been possible but with a wide range of digital tools available, it has also never been easier. Just because you can sell your home by yourself, however, doesn’t mean you always should. If you are selling a home for the first or second time, you might still consider using an agent. If you have been around the block a time or two and want to give it a go on your own, here are 4 steps to selling your own home.
Prep Your Home For Sale
Prepping your home for a sale should be similar to detailing a car. You want everything to be as perfect for buyers as possible. Prepping your home means cleaning every nook and cranny and making your home look as much like a high-end show home as possible. You will also want to research the market carefully to set an appropriate price.
List And Show Your Home
Listing your home on MLS is a time-consuming process, but it is also one of the best ways to get serious exposure for your home and get it in front of buyer’s agents. There are also a number of other websites you can list your home on. The more places you list your home, the more likely you are to get a large enough pool of buyers to get a good price.
Field & Negotiate Offers
Negotiating offers is sometimes tricky for DIY sellers because there are so many potential variables and ways to make a deal sweeter for both parties. In some cases, a lower offer can be worth more in the end than a higher offer depending on the type of financing the buyer has and the concessions they want.
Call in the Pros
Listing a home and finding a buyer is one thing, but when it comes time to actually close the sale, you are going to want professional help. At this stage, you may want to enlist the aid of a title company, a real estate attorney or an escrow agent. Any one of these professionals can help guide you through the byzantine process of actually transferring possession of your home to someone else and ensuring everything is done properly and legally.