It’s hard to imagine selling your home without the help of a real estate agent.
You have to learn the process of listing your property yourself as well as notifying potential buyers. Truth is, it’s not difficult at all. As a matter of fact, selling a home without an agent is simple once you understand how it’s done. One of the major benefits of such decision is that you won’t have to bother about paying agency fees and commissions.
This post will be aiming to reveal how to sell a home without an agent. This is easier than you are thinking at the moment. Just read the details below and apply them wherever necessary.
1 – Make Your House Sellable
When your house is sellable, there won’t be any need using the expertise of a real estate agent. This entails trying as much as possible to ensure your home is presentable. It is funny that people take their time to look for potential buyers. Your focus should be on making the house look appealing as much as possible.
It is all about giving potential buyers a very good reason to check your home before others. Remove clutters and clean the place. Ensure unnecessary items have been gotten rid of to make it appear spacious. This can make a huge difference.
2 – Setting The Price
You have to be careful here in order not to over price your home. This is one of the reasons why many homes don’t sell fast. Their owners set prices that potential buyers consider to be very unrealistic. One of the easiest ways of doing this is visiting websites where houses are listed. Compared the prices of homes that have been sold recently. This will give you a rough idea about how much homes are sold for in your location. Ask friends and loved ones if you have to. The right price can help you sell home fast.
3 – Upgrading The Kitchen And Bathroom
When it comes to how to sell your home, there are areas that you need to pay serious attention to. Studies have shown that over 70% of potential home buyers check kitchens and bathrooms before striking a deal. It is important to upgrade other parts of the home. However, pay more attention to these two spaces to ensure your home sells faster.
Hire experts to renovate the kitchen and bathroom. This may cost you some money but it can help to boost your conversion rate to a great extent. Change the cabinets in the kitchen and paint your bathroom to give the spaces a new look.
4 – Have A Marketing Plan
Lack of an effective marketing plan can make you end up struggling while selling a home without an agent. No matter how good such home is, you may not get any offer from potential buyers when people are not aware of its existence. For example, you need to ensure it is advertised in the right places. You can also use “For Sale” tags to call the attention of neighbors. Amongst all of the methods of marketing a home, advertisement is more effective. You can start getting calls from people within 12-48hours after it has been done.
5 – Thinking Ahead of Other Sellers
This is a very important strategy that can enable you sell home fast without using the services of an agent. It is connected to the above point on price. When setting the price for your home, ensure to include a small percentage of discounts. In the description, let people know that such offer will last for a limited time.
Whether you are including 5% or 10%, there is a very high chance that potential buyers will show interest. This is because such offer can enable them to save money. Everyone loves discounts after all!
6 – Taking Great Photos
Don’t ever make the mistake of taking photos of your home for the sake of it. This is because potential buyers will be viewing them. Imagine taking photos that they don’t consider impressive. This means they will check out the homes of other sellers. Selling a home without an agent doesn’t have to be complicated in this regard. With high-quality photos, they would want to see more.
It is recommended that you hire the services of a professional real estate photographer. These experts know the areas that potential buyers are always looking at like kitchens, bathrooms, living rooms and more.
7 – Developing Your Negotiation Skills
When thinking about how to sell a home without an agent, there is something you need to understand. This is the fact that you will always come across some buyers that are very good at negotiating. If you lack great negotiation skills, there is a very high chance of selling your home at a price that is far below its market value.
One of the easiest ways to do this is trying to explain everything in details to potential buyers why the price has been set at such amount. For example, you could tell them that lots of expenses have been incurred while trying to renovate the home. This works like magic.
8 – Be Honest
It is true you are planning to sell home fast without the help of an agent. However, such doesn’t mean you need to be dishonest while dealing with potential buyers. The truth about these individuals is that most of them don’t like homes that are being sold by agents. They are of the opinion that agents are always after commissions. Due to this, they are not honest enough while trying to explain the condition of homes being put up for sale.
This gives you an upper hand since your home is not being marketed by an agent. Try as much as possible to be honest in order to close deals. If something isn’t up to standard, let them know. They will trust you and decide to buy such home.
Final Words
The details of this post have revealed that selling a home without an agent is very possible. You only need to know the right steps to take in order for such to become a reality. The secrets have been exposed above.