For Sale By Owner: Tips for Being Your Own Realtor



Selling your own home can be an intimidating process with countless variables you must keep track of at all times. Even with quite a few risks, however, it can be lucrative when done correctly. Take a look at these four tips that will help you sell your home as quickly as possible without slashing your asking price.

For Sale By Owner - Tips for Being Your Own Realtor-bio

Become a Master Stager

One of the most valuable services that a real estate company can offer is staging. Staging a piece of property not only requires you to think like a buyer, but you must also take the personal touches out of your home. Whenever you are in doubt, it is always better to go with a clean and simple appearance. While a few personal items are generally not a big problem, it is vital that the potential buyers can see themselves turning your house into their home.

Price It Right the First Time

As a general rule, the first month that a house is on the market should be the busiest. If you price your home too high with the belief that buyers are willing to do some serious haggling, then you could miss out on the flurry of initial activity. A professional appraiser can help you price your home right the very first time with a number that is both fair and appealing.

Use Technology to Your Advantage

Since you will not have the backing of a large real estate firm, you need to start thinking about ways you can reach a larger audience on your own. One great way to do this is with an online real estate marketing tool that allows you to turn your rider sign into an advanced advertisement. Potential buyers can simply scan your QR code or bump your NFC chip with their smartphone to learn more about the property or schedule a viewing.

Consider Hiring a Real Estate Lawyer

Selling your home could be one of the biggest financial transactions you ever make, and you never want to leave the legal side of it up to chance. Real estate lawyers often provide their clients with affordable services to look over all of the documents and contracts to make sure they are airtight. They can also inform you of some of your legal obligations during this process such as telling potential buyers about certain maintenance issues.

With a little extra planning and some help from technology, selling your own home won’t just be a breeze—it will save you thousands in realtor fees!

 

About the Author: Emma Sturgis is a freelance writer based in Boston, MA. Information used in this article on the importance of marketing tools like Homecodec was provided by a real estate professional. To see more from Emma, say hi on Twitter.