Can You Sell A House Yourself?
If you are looking to sell your house, you are most likely thinking about how you can maximize your profit. The problem with this is that most people are unaware that it is possible to sell a house yourself, and instead they choose to hire a real estate agent who will charge a very high commission fee which will take a large chunk of your potential profit. Still, most people do not know how to go about selling a house yourself. As most people are unaware of exactly how to sell a house themselves, we have produced this handy little guide to show you exactly how to go about it.
Don’t Listen To Real Estate Agents, Of Course You Can Do It Yourself
The first step to selling a house yourself is to completely avoid real estate agents. Most agents will tell you that it is either not possible or incredibly difficult to sell a house yourself, but they are only saying this because they want to make a good payday off the commission they will charge you to sell your house. No matter what a real estate agent tells you, it is always possible and actually quite easy to sell your house on your own and doing so will definitely allow you to make a much bigger profit from the sale, and below you can find out exactly how to do it.
List Your House on As Many Real Estate & Classifieds Websites as Possible
The best way to go about selling a house yourself is to create a property listing online on real estate and classified ad websites. There are hundreds of these sites which will allow you to list your house for free and they are a great way to avoid the high commission fees charged by real estate agents. Still, sometimes the free listings are not always that effective, but you still have other options. The best way to sell your house privately is to use a paid for sale by owner website such as forsalebyowner.com.au. While you will have to pay a fee to create a listing on these sites, the fee will still be only a tiny fraction of what you would have to pay to a real estate agent. These sites have a very high success rate and are definitely the best and easiest way to sell a house yourself. When creating a listing on these sites, you can be guaranteed that your listing will be seen by many potential buyers and you should soon start receiving inquiries.
Negotiate a Fair Price for Your Property with Interested Home Buyers
Once you start receiving inquiries for your home, you will then need to schedule times for the potential buyers to come look at your home. After this, you should start getting offers and you can begin negotiating directly with the interested parties. By selling your house yourself, you will have complete control over the whole process which will allow you complete freedom to wait for the right price. Additionally, you can actually sell your house for less money than a real estate agent would while still making a larger profit by avoiding having to pay real estate commission fees. Just be sure to not be soft during the negotiations and you should soon be making a larger profit by selling your house yourself.
This article written by James Patrick on behalf of ForSaleForLease.com.au – a Sell My House Real Estate Agency based in Australia.