Realtors fee can be really high, and if you have the time and dedication to do the work by yourself, you can save yourself a lot of money. You need to make sure you do everything properly and have all the correct paperwork, but it can be done successfully.
Spend a lot of time preparing your home. Make sure your home has curb appeal because realtors may frown on bringing their buyers to your home. You want to make it stand out from the crowd. Ensure that all necessary repairs are done on the home, so that the house is ready for the buyer to move into.
It is also recommended that you get your home inspected and appraised. The home inspection is nice to know if there are any repairs needed to be done on the home if you have missed them, but it is also good to have to show the potential buyers that you have kept your home up.
An appraisal will let you know where about to set your price. If you sell with a real estate broker they will do a market analysis on your home. This means they will give you an idea of what your home will sell for today, compared to ones close to you. Since you will not have a broker, you will need to do this for yourself.
The biggest mistake with people selling their home without a broker is that they want to price their home too high. They got an idea of what the house would sell for by many different realtors and were not happy with the number, so they are selling it themselves. This is a big mistake because it will detour a lot of potential buyers.
Advertise your home as much as possible. Put your home in the newspaper, and even have open houses on it. Since you are selling it by yourself you need to act like the realtor in this position. Make sure you have clear signs out in your yard as well. The more people who see that your home is for sale, the more activity your property will see.
You will also need to find a title company or attorney in real estate to complete the paperwork when you have found a buyer. This is something you should do before you even list your home. They will also be able to answer any other questions you may have. You may feel a little overwhelmed, but you can sell your home by yourself and save a lot of money.