These days, it’s a plus if a homeowner can sell their own home rather than rely on an agent to sell it for them. There are numerous benefits, all of them pointing toward increased profits in the end. The bottom line is that it’s cheaper for a homeowner to sell their own home, and they can make much more in the long run. So how do you go about selling your own home?
Step One – Market Pricing
In the home selling guide, you will find that understanding market pricing is one of the important steps to selling your own home. One option would be to hire a professional to give you an appraisal on your home, but that can be an unnecessary expense. It’s simple to do research on your own by going online to sites you’ll use in order to list your home. Take a look at what other homes with comparable square footage, features, and rooms are priced at in your neighbourhood or surrounding areas. Then, list your home competitively, yet leave some room for some negotiation in the process.
Step Two – Pictures
These days, most buyers are going to shop online for a new home, and they’ll narrow down their prospective list by browsing online before they step foot into a home. This is why you need some eye-catching, but truthful, photos. Think of your listing as an open house. Take excellent photos with a high-quality camera and post as many as the site you add them to will allow.
The best way is to use a high-definition camera and some natural lighting. Figure out the specific time of day that your home looks its best or take pictures at different times of the day. Open the curtains or blinds wide and allow as much natural light into the room as you can. This makes your photos look natural and your home look appealing.
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Step Three – Detailed Listing
When you’re writing out a listing, be sure you include all the details! The pictures are going to help, but pictures can’t tell the whole story, especially if the buyer is looking for a specific detail to be in the home.
If you’re not sure what to write, check out other listings that attract you to them. What do you like about those listings? What stands out about those homes? If you’re still confused because you’re not comfortable with writing, find someone who can write the listing for you. Alternatively, you can hire someone for a few dollars to do it.
Step Four – Be Available
Once the listing is up, potential buyers are going to come to you, so you have to be ready. Being available in many ways is essential for excellent marketing. Potential buyers should be able to contact you by phone, e-mail or in person. Some potential buyers will e-mail you first and they won’t want to meet in person until they know a little more about the home. The goal is to engage the potential buyer in conversation and attempt to get them to look at the home in person eventually.
Step Five – Be Ready for Closing
Before you even begin to market your home, it’s imperative you know what you’ll need in order to close. This might be a difficult process with a lot of paperwork. You need to stay up to date with that paperwork and make sure the buyer is on top of everything, too.
Selling your own home is not impossible once you read over a guide on how to do it. In addition, it can definitely increase your monetary gain.