It’s possible to sell your home on your own, called “For Sale By Owner” or FSBO, it means more work for you, but can be potentially rewarding. If you’re planning to sell your home yourself, here are some of our best tips to make it easier for you.
Be Prepared for Closing Day, Download our Closing Day Checklist
One of the most common mistakes made by owners is to overprice their house. Agents have a good idea of what a house will go for in an area, and they will price your house in order for it to sell within a reasonable period of time. If you price your house too high, you may wait a long time for it to sell, or even fail to sell your house at all.
Keep the Place Tidy
Keep your lawn mowed, the gardens weeded, and the driveway pressure washed so your house has the best curb appeal possible. Inside, do your best to keep the house in top condition. This doesn’t mean simply keeping your house clean, but also keeping your things organized. Even though your personal items aren’t being sold with the house, many people will pass on a disorganized home because it makes them feel like they will be disorganized. Even small factors like this can change whether people want to buy your home or not, so work hard to keep your house in top condition.
A clean home is more inviting to potential buyers.
Don’t Turn Down Showing Opportunities
Everyone who asks to see your home is a potential buyer. Without the opportunities made available by an agent, you’re going to have to work extra hard to get the attention of buyers. If someone asks to see your home, make it available, and don’t ask to reschedule for a better time unless absolutely necessary.
Take Great Photos
Most buyers will decide whether or not they want to see your house at all based on the pictures they see on markets such as Zillow. If the pictures are anything less than stunning, you could be losing buyers who decide to look at more eye-catching homes first. Consider staging your home with decorations and furniture to make it stand out, for tips on staging, check out our blog, How to Stage Your House While Living in It. Without a realtor to help draw buyers in, you need to take advantage of every opportunity available to you.
You Still Need a Title Company
Selling a property yourself means that you can save on the realtor, but what about the title company? Even if you do everything else yourself, the title company is one essential you’ll still need. During the sales process, the title company conducts a search on the title to ensure you are in fact the owner, and that you can sell it to the buyer.
Title insurance is available to protect you and the buyer from financial harm should a problem arise with the title. It’s a valuable tool during the sales process and can act as an incentive to buyers in a crowded marketplace.
It’s possible to sell your own home. If you are successful, you’ll save money on your seller’s agent, and probably also the buyer’s fees as well. If you are motivated and resourceful, you can get it done, and these tips can help. No matter where you are in the United States, reach out to Millennial Title for more information or to get started on your title insurance needs.