Sale by owner: Top 7 useful tips

There is no denying the fact that home prices have been touching zenith lately. Even the real estate commissions have been soaring since 2021. Since the market is being identified as the hot selling, it is believed that more than 70% of the FSBO homes are selling fast, reportedly in less than fifteen days.

Like many Americans, if you are also thinking to sell your home without a realtor, then you can safely go ahead with a flat fee MLS listing. Using high-tech For sale by owner websites such as Houzeo, you will also be able to sell your home through FSBO quickly. Selling the home without needing a real estate agent or a realtor has never been so easy ever before. However, it is imperative to take the help of this guide to know how to go ahead with selling a home without a realtor.

Selling a home without a realtor: Best tips

There is a lot you need to do. Virtually, in the absence of the realtor, you have to become your own agent and do the things such as pricing your home competitively, marketing your home on the MLS, keeping the extensive paperwork ready, countering an offer, or requesting the highest and the best quote offers, and more.

Now, let us know the best tips for selling the home easily and efficiently.

1. Start when it is the best time to sell your home

Yes, there is the best time to sell your home. You need to be aware that the home buying season begins in spring and goes on till the summer is over. The peak season is the months of June and July. If you list your home on the real estate agent website during these months, then it is possible that you get a premium and also wrap up the home sale much quicker than expected.

Also, most homes are listed on a Thursday as they sell quickly and also at a price point higher than the listing price. Though these are the general know-how of the real estate market, you can never be sure of anything. The interest rates may shoot up anytime, the economy can shake, and so on. Dell your house when you are sure and prepared for it!

• Price your home reasonably

It is one of the most important tips to know. When you begin the home sale journey without real estate agents, then ensure to price your home correctly. To do so, do not miss the Comparative Marketing Analysis CMA which is one of the best tools that has been helping a number of sellers with fetching the right listing price for their homes. Try not to price your home more than what it is worth, and under it to lose the value of your house.

• Prepare your home

You may not give much importance to this tip, but it is an extremely crucial one. It is vital to prep up your house for sale. Begin by cleaning your house, creating a visually appealing look, depersonalizing your home, decluttering and adding more virtual space, and more.

You can also consider getting minor repairs done such as fixing the doorknob, repairing the nonworking gadget or equipment, leaky faucets, and much more. This will go a long way in positively impacting the buyers. You can also improve the overall look of the home by starting the paint job on your house. One of the other ways to augment the look of the house is to add a lot of lighting.

• Post attractive pictures

If you have not yet considered hiring a professional photographer to shoot your home pictures, then do so at the earliest. It plays a critical role in selling your home not just faster but also to increase the list price of your home. Good photos of the property attract buyers and companies that buy houses for cash. It acts as the first thing that the buyers notice in your listing. If you have a knack for photography, click good-quality professional photos for your listing.

• List on MLS

Do not skip this one. Listing your home on the MLS will ensure that your home sells faster and for more money. But to list on the MLS, it is imperative to get a realtor’s help. If you are wondering, where can I list my house for sale by owner for free, then you need to know that MLS listing is only available for real estate agents or websites. Also, if you want to list on MLS, it does not mean that you have to hire a high-commission listing agent and pay the extra commission. You can avail of the services of the Flat fee MLS company. They can list your home on the MLS, make the listing description more appealing, add professional photos, etc. at just a small flat price. The sale by owner websites can also list your home along with providing you a competitive buyer agent commission.

• Market your home

Listing your property on the MLS alone may not help. There are other powerful marketing tools for your property such as getting a Yard Sign that will help attract buyers from the neighborhood, creating a listing on social media sites, and printing flyers or brochures mentioning the property specifics such as property description, price, address, contact details, etc.

• Proper Negotiation

By now, you must be getting a lot of offers. You can accept, decline, or ignore the offers. You must review the offers, check their merits, and counter the offer, and when you are sure that the offer is not worth countering or accepting, you can decline the offer. If negotiation is not your cup of tea and you need help, then consider hiring the services provided by Houzeo. They will help you review, counter, compare, and request the best offers.

Houzeo, one of the top flat fee MLS listing companies, can help you with most things in their package. At a flat fee, they offer expert services to their clients and they get the best support at an upfront fee. This way, you are able to save a lot on the commission which can be between 2.5 % to 3%. The company will also help you list your property on the market within 24 to 48 hours. You get to interact directly with the buyer as well as the buyer agent without any intermediary in between, making the entire home selling process faster and simpler.