Selling your home without using a real estate agent
When you consider the charges involved in hiring a real estate agent, along with the scams and tricks we hear about these agents using in order to make more money for themselves, it is not surprising that more and more people are choosing to sell their homes themselves. The main thing that puts people off selling their home themself is the fact that they think it is going to be very difficult or near impossible and so it is worth paying the estate agent fees. This is not the case, if you are willing to put a bit more time an work into moving home, you will be able to sell your house yourself possibly saving yourself a lot of money and maybe even stress. Knowing where to start and the process involved is most important, and that is what will be covered here. The first thing you need to do is to appoint yourself a solicitor to take care of the legal side of things, this is one thing you can’t do yourself. Your solicitor will explain to you any real estate laws that you must be aware of, and will prepare any documents that you might need in order to be able to put your house on the market. Before you put your house up for sale, you need to get a good idea as to how much it is worth. To do this correctly you need to appoint an experienced and reputable valuation company to take a look at your home and tell you what they think it is worth. You can also have a look at the properties in your area and the prices that they have been sold for, but keep in mind that estate agents may have sold houses for too much or too little, depending on what benefits them most. You should also get a buildings report and a pest report. Most buyers will want to see this, and it will highlight to you any problems there are with the building (which will help you when valuing it). Consider your strategy, you have an asking price but what are you willing to accept? How quickly would you like/do you need to be sold? Tips to help you sell your home:• Put together a booklet or leaflet noting the reasons why you love your property, why you will be sad to leave it, what you like about the area the house is in, etc. This is an excellent way of advertising your property, and shows a personal touch that a real estate agent cannot match. • Make a sign to display to notify people that your home is for sale, ensure it looks professional.• Advertise your property in local newspapers, newsletters…anywhere you can, even the post office! When you write your advert try to keep it factual and short, without giving too much information away. Don’t mention in the advert the address of your property, it will not look good to people if they keep seeing your advert week after week in the paper. Don’t over sell your property in the advert, you do not want people to be disappointed when they come to view the house and it is not what they imagined. • Make up some flyers advertising your home, hand deliver these to homes in your area and/or ask a local newspaper or leaflet distributor to hand them out for you. Once you have done all of the above, all you can do is sit back and wait for people to become interested in your home, arrange viewings at your discretion (show them round but give them space), negotiate a price (ask for firm offers to be placed in writing) and finally, sell your home.