The first guideline is to price your house properly. How do you do that? Don not place an unrealistic price to your house because you had replaced those old kitchen cabinets a few years ago or you have stopped your roof from leaking. Your house is not worth more than the market value of comparable houses in your neighborhood.
One way to do this is to check the assessed taxes of all the recently sold houses in your neighborhood and their selling prices. Comparing the assessed taxes of your house with that of the recently sold houses, you will be able to determine the market value of your home.
What did you do when you purchased your home? You hired an inspector to point out problems in the house you wanted to buy. Hire an inspector to find problems in the house you intend to sell. Any potential buyer of your house is going to do the same thing. Take proactive steps to discover problems in your house and fix them before a potential buyer finds them using a home inspector.
The appearance of your house from the outside and the inside is the most important selling point. So, take care of it before the first potential buyer drives by your house. If you are selling the house during the prime summer season, regularly mow your lawn and keep it neat and tidy. Also, don't forget to water your lawn and keep all weeds pulled.
If your house has a vinyl siding, wash the outside using soap and a pressurized water jet. If your wood sidings require a fresh coat of paints do it. If you have not painted the inside of your house in the last five year you may want to do that as well.
Pick up inside including the basement, storage room and garage. You never know what people are going to look at.
For marketing your house, use a variety of methods. Use paid websites like fsbo.com or completely free web sites like freeadposting.com or to list your house with pictures and details. Use classified ads in your local newspaper . Put up flyers on the free bulletin boards of your local supermarkets, grocery stores, churches, work places, etc.
And don't forget the word-of-mouth. Tell all your friends and folks and request them to tell their friends and folks about your house for sale.
When it is the time to finalize the sale, use a title company. They will make sure that all legal entities get all the legal papers of your house sale. Also, a title company helps you go through the legality of selling a house. The legal aspect of selling a house will require that you get professional help to make sure everything is done properly.
A House For Sale By Owner
Selling a property by the owner has become a growing concept, especially for those of us that want to size down after the children are gone and settled in their own homes and the house seems too big to clean or live in without them, not to mention the expenses in maintenance and taxes every year. Here are some useful tips and suggestion on selling a house yourself that will help you get the best price in the shortest time.
Educate Yourself
Every state has specific real estate laws that you need to find out and follow as they do not apply nationwide; most of these laws you will be able to find online as well as download the necessary forms and agreements that are standard and need to be used by owners selling their own house.
Know the value of your house my checking other similar properties for sale in your area; this should give you a fair idea of the price range you can expect but not before you make a list with what needs to be repaired in your home. Many home owners don't take care of the house anymore as they did when they know they are going to sell it shortly but that can seriously cut down your asking price, as people who make such investments will look for the small details that eventually will cost them the big bucks to fix.
Advertise Your Property
Advertisement is key when you are selling a house yourself because that is the only way you will let, as many people as possible know about it. Advertise your home on the Internet with pictures and full details as well as the price; place your house in the local newspaper and also make flyers that you can place in local grocery stores or other public places.
Selling a house yourself will require you to have open house days, preferably on the weekends when people are free and have the time to indulge. Ensure that when you have open house days the house is clean and the little things are impeccable such as, the lawn, the scent in the house, the attic and/or basement is organized and very appealing to the potential buyers.
Other Helpful Tips On Selling A House Yourself
Place a sign in on your lawn advertising your intentions to sell the house and if possible make flyers available with all relevant details of your house including the price and a contact number for possible viewing. Selling a house yourself can a great experience and even entertaining if you have time on your hands and do your homework as far as educating yourself about your own property and negotiation.
Both Jeff Schuman & Andrew Jamaz are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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