When most people think, "I want to sell my house", they immediately think that they will need to hire a real estate agent to sell the home for them. While this might have been true in the past, technology and the internet has made it quite easy to sell a home on your own. If you follow the steps listed below, you should quickly be able to close the deal and sell your home for the maximum amount of profit.
List Your House Online With FSBO Websites
The first step to selling a house without a real estate agent is to list the property on one of the many for sale by owner real estate websites. The majority of these sites charge quite small fees to list your property, which can save you a lot of money compared to the very high commission rates charged by real estate agencies.
Creating a listing on these sites is quite easy, and only requires that you sign up, choose how to pay for the listing, and then upload pictures, a description, and any other relevant information.
You can then just sit back and wait for people to start to show interest in buying your home.
Receive Enquiries & Talk to Potential Buyers
After creating your listing, you will most likely start to receive enquiries from potential buyers quite quickly. At this point, you can start a dialogue with them and eventually invite them over to tour and inspect your home to see if it's right for them. You will most likely start getting offers from at least some of the people who came to look at your house, and if you do not get any offers immediately, don't worry. Still, if you have many people come to look but none that wants to make an offer, then you may need to lower your asking price.
Negotiate A Deal with Interested Parties
Once you have received a few offers, then you can start negotiating directly with the potential buyers. This step is vital, as you can try to play the offers against one another in order to get the highest possible price for your home. You should not just take the first offer that comes in (unless it is really good), but instead you should be patient and wait to see just what kind of a deal you can negotiate.
Have Contracts Drawn Up By Your Local Solicitor
Once you have negotiated a price with the buyer and come to an agreement, you will then need to hire a lawyer or a solicitor to draw up the contracts. Under no circumstances should you attempt this step yourself. A solicitor will have experience in these contracts and will be able to make sure that the sale is done completely within the framework of the law. This will help you to avoid any potential problems or headaches that could arise down the road.
Settle Your Property in No Time & For Half of the Cost
One thing that is constantly heard from people who have sold their homes using a for sale by owner website is that the entire process went very quickly. If you are truly motivated to sell your home, then you could complete the entire deal within a matter of days. As soon as you have come to an agreement with a buyer, all you need to do is have the contracts drawn up and signed, making the process quick and easy. In addition, you can feel happy knowing that you made the maximum amount of profit possible by not having to pay the incredibly high commission fees charged by most real estate agents. So why not try to sell your home online and see just how easy it is and just how much extra money you can make by avoiding real estate agents and selling your home privately.
Contributor Profile: Contributed by http://www.nocommissionrealestate.biz – a no commission real estate agency in serving the greater part of Australia.
