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Selling Your Home Without a Realtor Though the housing market has been on pretty good incline in recent months, many people who are trying to sell their homes are still having a hard time making a profit. One thing to consider, that has the potential to save you thousands of dollars when you sell your home is to forego using a real estate agent and selling the home yourself. Though this process may seem like an intimidating process and perhaps more work than it’s worth, it’s easier than you may think to sell your home on your own. Here are a few tips to consider on how to sell your home without using a real estate agent. Education The first and most important step to selling your home without a realtor is to do a lot of research. Read through the purchase and sale agreement from contract when you bought your home, review local listings online and in real estate publications and try reading blogs and books about selling by owner. Your research can help you understand the language and processes of the real estate business and most importantly can help you know what your home is worth, and therefore how much you might be able to list it for. Preparation This is where a lot of hard work comes in. You need to focus on getting your home ready to be shown. Paying attention to things like paint, carpet and landscaping are important. Also, de-cluttering your house so people can actually envision themselves living there is a key. The best way to go about this is to put yourself in the shoes of the potential buyers. What would you be looking for? What would impress you? What would detract from the appeal of the house? Since you won’t be using a realtor, it is important for you to be the salesperson. Understand the key selling points of your home. What makes is different or better than others in the area? What things do you want to highlight to potential buyers. Pricing The key to selling a home is to price it effectively. If you end up pricing your home too high, then it will scare buyers off. Plus, if it stays on the market for too long because of the price being high, potential buyers will assume that there is something wrong with the house and might pass it over in their search. The lower the price, the faster it will sell, presumably…but you need to make sure that you are making a profit as well. Marketing This has become a lot easier in recent years. Take advantage of the Internet and local websites. In a lot of these cases, for a small fee, you can place your listing on the Multiple Listing Service that real estate agents use, which means more potential buyers will be exposed to your home. You can also consider placing a listing in the local newspaper to attract buyers that want to stay in the area. Be prepared to be flexible and negotiate with potential buyers, and you should be able to pull off a sale without a realtor. If you are looking for a new home, consider a Utah manufactured home by Luxury Homes. Give us a call today and let us show you what we have to offer.
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