Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

How To Go About Selling Your Home On Your Own


In days of booming real estate, you would think that selling a home shouldn't be too much of a task. And if it's going to be that easy then why not do it on your own and save yourself on thousands of dollars in commissions. Well, you would be right in thinking so! Selling a home on your own has become much easier these days compared to earlier and it's something that has been done successfully in the recent past by many homeowners. Nevertheless, you cannot totally eliminate the 'option' of considering the services of a real estate agent. It's worth a try selling your home on your own but if things don't seem to work out then it's best to go back and rely on the services of a trusted agent you know.

So how should you go about selling your home on your own? Outlined below is a useful checklist of how you can go about selling your home on your own and points you'll need to keep in mind while you go about the home selling process.

First things first. Before putting your home on the market, make sure your home is ready to sell. You don't want buyers coming to your home and walking back without a trace of interest for reasons you could very well avoid. Spruce up your interiors, have your entry way done up, improve the curb appeal of your home, ? Basically, do everything that you think would impress you if you were a buyer for your home. If you choose to make improvements to your home, do consider whether the cost of such improvements can be justified by a hike in the price of your home or in selling your home faster.

Next, you'll need to set an asking price for your home. You may ask an agent to give you a comparative market analysis of homes in your area, you may look up data on how much homes in your neighbourhood have sold for in recent times or look around your neighbourhood for homes on sale and compare their prices. Make sure you don't over-price your home. (You may get a free home appraisal done here.)

Importantly, put a 'For Sale' sign outside your home. The implications of this are quite obvious - it would tell your neighbours and passers-by that your house is for sale and the word will spread.

Compose a flyer for your home with picture and details of your home. You could put these flyers in a transparent folder on your 'For Sale' sign for interested buyers to take home with them to look through. Distributing these flyers in supermarkets and other stores will also help in increasing the chances of a quick sale.

Get a set of real estate contracts and disclosure forms. You may find these in some stores or you may also get them from the Internet.

Plan your advertising budget and the mediums you choose to adopt for advertising your home. You may choose from TV advertising, Newspaper Classifieds, Real Estate Magazines and Internet Ads. With a number of people using the Internet these days to begin their search for a home, advertising on the Internet proves to be a cost-effective medium.

Plan and execute an 'Open House' for buyers to come and inspect your home. Effectively, Saturday and Sundays would be ideal for such purpose.

Finally, you'll need to rope in a real estate attorney to handle the closing, when you've got a buyer who's presented you with a signed offer that's perfectly acceptable to you.

Selling your home on your own will require some patience and perseverance on your part. It's not something you can do if you're too busy to be able to show your home to buyers or to be able to effectively market your home. Selling your home on your own though will save you a lot of money in real estate commissions and is something definitely worth the effort and time you put in. So, following the outlined points above should get you through most of the home selling process. And once your home's sold, celebrate!

Sameer S Panjwani is the CEO and Founder of the popular FSBO website ChoiceOfHomes.com


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Forbes

Why Real Estate Entrepreneurs Should Retire The Term 'House Flipper'
Forbes
Working in real estate for five years now, however, I have the learned the vast difference between reality and reality television. One big thing I've realized along the way is that the term “house flipper” is quite often a misnomer. In fact, I'd even ...



Forbes

How A New Agent Can Claim A Territory In Real Estate
Forbes
When one decides to start in real estate, their family and friends are typically ready to support them in their new venture by connecting with the new agent to help buy or sell. But, how does a new agent connect with locals in their area beyond friends ...

and more »


Forbes

The Fundamental Difference Between Single-Family And Commercial Real Estate Investing
Forbes
When it comes to real estate investing in single-family residences (SFRs) versus commercial real estate (CRE), there is a common misperception of grouping the two into the single broader category of "real estate investing." Grouping in this manner ...



Forbes

Three Ways Commercial Real Estate Lenders Are Going To Change The Way We Work
Forbes
When I first started working with large multifamily lenders, I was surprised how few of them made loans for apartments under 50 units. Since larger transaction volumes support larger fees, it makes sense that nearly all of the major real estate lenders ...



Forbes

Real Estate Agents Answer: What Should Buyers Look For In A Home?
Forbes
Suddenly, everyone seems to have an opinion on which features your new home needs to have. We thought we would take this debate to the experts to settle it once and for all. In that light, we asked real estate agents what buyers should look for in a home.



Riverfront Times (blog)

St. Louis' Real Estate Market Just Keeps Getting Tighter and Tighter
Riverfront Times (blog)
If you're seeking to buy a reasonably priced house in the St. Louis area, may we offer our condolences? The region's real estate market, which has been on a hot streak for a few years now, just posted another set of monthly numbers that speak to just ...



Hartford Courant

Real Estate Alphabet Soup
Hartford Courant
BPO (Broker's Price Opinion): The real estate broker's opinion of the expected final net sales price, determined prior to the acquisition of the property. CMA (Comparative Market Analysis): The analysis used to provide market information to the seller ...
Common Mistakes Real Estate Investors Make Early On And What To Learn From ThemForbes

all 6 news articles »


seattlepi.com

Thurston County remains hot in a cooling real estate market
seattlepi.com
Thurston County remains hot in a cooling real estate market. Blame it on the affordability. By Zosha Millman, SeattlePI. Updated 11:51 am PDT, Wednesday, September 19, 2018. A bright home with laminate floors, soaring ceilings and air conditioning.



Bisnow

In The Changing World Of Commercial Real Estate, A Degree Is Becoming A Requirement
Bisnow
For Casey Flannery, an administrative job out of college at a commercial real estate firm in Memphis, Tennessee, soon sparked an interest in trying her hand at brokerage. But it was only after Flannery, 29, took that position that she realized the ...



Real estate transactions in Greater Fall River: Sept. 21
Fall River Herald News
Dartmouth. 21 11th Street, for $342,000, from John L. Rogers to Linda J. Mackler. 20 8th Green Drive #20, for $415,000, from Leonard M. Grandfield to Maria E. Martin. 2 Clarks Cove Drive, for $1,100,000, from Richard A. Shuster to Mario Gomes. 516 ...

and more »

Google News

home | site map
© 2006 TIGER MEDIA