Your very own home is probably the biggest purchase you will make in your life. It requires a lot of effort, energy, dedication, patience, and, of course, time. It’s no small feat to buy a house. It’s also no small feat to sell a house either. In fact, selling a house is so complicated that an entire industry of trained professionals handles such transactions. Indeed, the real estate business has been booming for generations because people can rely on these experts to sell their homes at a fair price and with as little hassle as possible.
However, it is practically possible to sell your home without the assistance of a real estate agent. In fact, many people do that all the time. Yet, while it is possible, it’s not very easy. Selling a home without an agent is incredibly difficult and requires that you practically immerse yourself in the world of real estate during the entire process.
Yes, you can sell your home on your own without the skills and labor of a real estate agent. However, here are the things you will have to keep in mind and stay on top of during the complicated process.
Make Sure It’s Priced Right
One thing that real estate agents are familiar with is the value of homes in your area. This directly influences the price you can ask for when you are selling your home. Without a real estate agent, you will want to be sure you find a price tag that is appropriate and fair for your home.
You will judge the value of your home based on the condition it’s in, the required maintenance that it needs, the value of other houses around it, and other factors such as added amenities and more. Therefore, you need to have the most current and up-to-date information and need to be honest with yourself. Honesty is one of the best things a real estate agent will bring because they will tell it to you straight and give you an honest and possible price for your home.
Make Your Home Presentable
This is perhaps one of the most important steps in selling your home without a real estate agent. You need to make a good first impression on any possible buyer. And how do you do that? You make sure that your home looks ready to live in. Make sure the paint looks fresh and good, the carpets are clean and vibrant, the entire home looks enticing and inviting and warm and cozy.
If you don’t make your home look sellable, it won’t be marketable. While real estate agents are experts at doing this, you will have to tackle it on your own without their help.
Once you have people looking to buy your home, you need to handle all of the negotiations on your own if you aren’t using a real estate agent.
Negotiating your house sale on your own means that you need to meet with the buyers, you need to also converse with the buyer’s agents, you need to work in concert with inspection companies and examine the house and address any concerns.
Of course, you will also have to stick to your guns and your bottom line when you are looking to sell your home for a specific price point. Accept nothing less than your realistic and achievable goal. Do not settle for a much lower number than what you want because you think it’s the only one you’ll be offered.
Negotiating means you need to have confidence and knowledge and combine the two.
Stillwater Real Estate Professional
Located in Stillwater, Minnesota, Wendy is an experienced and knowledgeable real estate agent who can help you navigate today’s demanding real estate market. With over 20 years of experience, Wendy has worked with hundreds of clients, both buyers and sellers, and has built her successful business on word-of-mouth and client recommendations.