I would like to give you some house selling tips because selling a house in any market can be difficult. Houses sit on the market for months and maybe years even if you have a Realtor. Most people don’t know how to sell their house privately. This is understandable because because being a real estate agent does take training that is not available to the average individual. The foundation to selling your house by yourself is simple. All you need to do is treat it like a job. If you take selling your house privately very seriously the extra revenue that you will get by not using a Realtor will make your time and effort well worth it.
The first house selling tip that every owner should get is that you need to do your research. The first phase of research is your local market conditions. Thanks to the internet this is easily findable on a variety of financial sites. This will help you decide if you can hold onto your house a little longer if the market is that bad. Some people don’t have that option but if your selling your house without a Realtor chances are you have some time to wait out a bad market. The second phase of your research has to do with comparable houses on the market in your area. I would stick within a 10 to 20 mile radius of your house to get accurate conditions. The more local you stay the better. You really only need to look at 5 to 10 houses to get a good feel of pricing. While doing this research you need to look at price, condition of the house, location, and features. Another great house selling tip in this area is to contact the listing agent for some of the houses on sale. While speaking with this Realtor it will benefit you greatly to get as much information as possible from them. Ideally you want to know how many offers have been submitted and how many people have shown interest in the property. You also will want to note how the property was listed. Go online and read the descriptions of the houses on sale to get an idea of how to word your posting.
The second phase of selling your house privately is the condition of your house. Upgrading your house to look amazing often only takes a few bucks but can get costly if you don’t know where to invest your money. The first area you want to upgrade is the outside of the house. This is called “curb appeal”. This includes your landscaping and general condition of housing and other permanent features like your sidewalk or patios. The outside of your house is your first impression. An unkept landscape will make potential buyers drive right by. This should be the first place you spend your budget. A good tip to keep in mind is keep it simple and clean. As for the inside major upgrades are usually unnecessary and will end up not worth the extra investment. The major rule of the inside of your house is to de clutter it. Just like the outside keep it simple and clean. Make sure your house is dusted and the walls are perfect. The only major renovation I would recommend if you have the budget and the proper layout is a finished basement and extra bathroom. These are 2 major points that will separate you from your competition. An extra bathroom may be necessary if you only have 1. And a finished basement should be done if it is already insulated and just needs some carpeting and drywall. If your basement needs a major overhaul, don’t do it.
So in closing of this house selling tips guide the key phrase here is keep it simple and clean. The second key point to selling you house without a Realtor is to do your research. If you take the extra time you will be rewarded. Stay positive and don’t get greedy and you should be able to sell your house privately in any market condition.