The real estate market can seem intimidating when you want to sell your house on your own. While using a real estate agent requires less work, it also leaves you less money due to the agent’s commission. It’s also not the best option if the home needs to sell as soon as possible. Instead, successfully sell your home without a realtor by implementing the following methods below.
To prepare your house for the market it’s crucial to know how to price your home, market it effectively, and negotiate its sale with confidence.
Know The Requirements of FSBO (For Sale By Owner)
For California homeowners, sellers have specific regulations they must adhere to if they are selling property without a real estate agent. This includes filing mandatory paperwork; some of which are forms you’ll need to provide the buyer to disclose information on the property.
Disclosure forms you’ll need to fill out include:
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California transfer statement to disclose any known problems with the property and its major appliances and systems.
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Natural hazard statement to disclose if your property is near an area where natural disasters occur such as earthquakes or wildfires.
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Statewide buyer and seller advisory to explain the rights of all parties involved in the sale.
Research The Market
Use every credible website, book, and source to conduct thorough research on your city’s real estate market. See what other homes are selling for in your zip code and be sure to compare homes that are similar in size, rooms, etc. After gathering this information, you’ll then need to account for your specific circumstance.
This will include how urgently you must sell, how much equity you have in your home, and the flexibility you do or do not have when it comes finding a buyer in a specific timeframe. If you’re in a position where options are limited, the way you price your home may also be limited to account for financial or time constraints.
Set A Price
Zillow and other real estate websites will help assist you in setting a price. When deliberating on your home’s price consider the number of rooms there are, the home’s square footage, and any unique features the property may have.
You may also opt for getting a third-party professional opinion on your home’s selling value. Sellers can do so by obtaining a broker price opinion report. This report gives a valuation on the home and is conducted by a licensed real estate professional.
Create A Listing
Even though you don’t have a realtor, you still need to write and post a listing. Listings help to market your property and inform potential buyers on the history of your home. Look at some examples for inspiration here.
Your listing will have the following details:
Photos of the property that showcase every room, the exterior, and the home’s best features.
A compelling description of the property that makes readers want to buy it.
The year it was built.
Ready Your Home For Buyers
There is more than one way to prepare your home for potential buyers. They include:
Cleaning up the property inside and out.
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Junk can take away from a property’s overall appearance. Unnecessary items in rooms or in the yard should be organized, donated, or thrown away to present a clean space.
Conducting any home repairs:
- Broken appliances, peeling paint, or holes in walls can be distracting to potential buyers and may not leave the best impression. If it’s within your means, consider fixing up your home before taking photos or giving tours.
Cleaning up the property inside and out.
- Staging the rooms in your home: This will likely already be done if you have furniture in your home. This can also include repainting walls and removing personal items to create a neutral look for your home. This allows buyers to easily imagine how their life will look in the home.
If your circumstance prevents you from making repairs or deep cleaning your property, you can choose a buyer that will purchase your home as-is.
If you choose to sell your home to Quickturn Property Solutions, our team will assess your property, situation, and provide you with a cash offer to buy your property as-is.
You may also opt for getting a third-party professional opinion on your home’s selling value. Sellers can do so by obtaining a broker price opinion report. This report gives a valuation on the home and is conducted by a licensed real estate professional.