Can You Sell a House Without a Realtor?
Getting a home listed and on the market provides an amazing sense of accomplishment. Home sales recently reached the highest levels since 2006, so now is as good a time as any to learn how to do it.
Having the right house selling tips can help you find success once you’re ready to list a property.
But can you sell a house without a realtor? We’ll dive into these points below.
Understand the Benefits of Hiring a Realtor
First things first, working with a real estate agent is absolutely valuable, which is why most people do it.
For one, realtors will help you maximize the sales price of your home. They can also get the highest level of exposure, which introduces you to new buyers.
These professionals work within the real estate industry, so they understand every nuance with the territory. They will help out during the negotiation process and can help you research liens and check every box.
Hiring a realtor is the ultimate comfort for complete novices to sell properties.
Learn About the Perks of Doing It Yourself
There are also plenty of perks that come with going the “for sale by owner” route.
Real estate professionals charge upward of 6% for their commission fees. These fees are completely off the table when you decide to sell the property yourself. Instead, you will pocket the fees and cut out the middleman.
Additionally, some people find that they even sell their homes quicker when they do it themselves. A full-time real estate agent also has a full schedule and several other properties to work on.
Selling your property is your biggest priority, so you likely have more time and desire to get it sold and off the market.
Consider Selling Yourself if You Want More Control
When you value control in the process, it doesn’t get better than doing it yourself.
Depending on the time of year and several other factors, you can expect it to take roughly 30 to 50 days to get a home sold. Rather than being in the dark at any point during the process, you will have a hand in every single aspect.
This means holding one-on-one conversations with prospective buyers and answering questions about the property.
Brush up on Every Step of the Process
Conducting lots of research is one of the best home-selling tips you can follow. This is particularly important if you’re thinking about selling your home independently.
Perhaps you’d like to stage your home so that people can take tours and figure out if they want to buy. This would require you to learn what aspects sellers focus on and how you can help people imagine that they live in the home.
Study the strategies that real estate agents use, and consider reading some literature or even taking a course. The more informed you are during the process, the easier it’ll be to get the return on investment (ROI) that you’re looking for.
Think About Your Home-Selling Situation
Each situation is different, so always assess the type of circumstances that you’re dealing with.
You might consider selling your home as-is if it’s in poor condition or if you’re in a financial pinch. These sales often involve cash buyers and different aspects of the house that need to be fixed.
Perhaps you’re an active military professional that needs to sell a home in a quick and timely fashion. Other sellers might have expensive properties that cater to a particular tax bracket or demographic, which might involve different sensibilities.
Factor in these issues and work backwards to get the best out of your home sale process.
Figure Out How to List Your Home for Sale
If you’re going to learn how to sell your home, it all begins with the listing. Start by making sure that you have sharp images, high-resolution video, drone footage, and virtual tours to help you get your home sold.
The better you display the property online, the more you can answer peoples’ questions. This helps your home sell quicker and weeds out people who aren’t serious about making an offer.
Focus on cleanliness and depersonalization when getting your home ready for sale. This creates an amazing impression and helps people envision themselves living in the house.
Put Some Marketing Muscle Behind Your Listings
It’s important to learn how to list your home for sale in a way that creates an impact.
About 44% of real estate professionals said they gained new clients by publishing to social media platforms. In addition to creating a listing, make sure that you share your listing all over social media — particularly in places like Facebook and Instagram.
Reach out to your friends and family members and ask them to help you get more publicity for your listing.
Get an Accurate Appraisal for Your Property
Finally, you must know how much your home is worth before listing it. This happens when you get an appraisal from a professional.
You’ll pay upward of $450 for a property appraisal. Knowing your home’s exact value and tax rate will help you when it’s time to negotiate with buyers.
Can You Sell a House Without a Realtor? — Absolutely!
So, can you sell a house without a realtor? The answer to that question is a resounding yes.
However, it does come with some obligations you have to be willing to take on. Consider these points and decide which course of action you’d like to take.
Check out more of our posts when you’d like to learn more about business, real estate, and other different topics that can serve you.