Well if you want to sell your house yourself that is up to you. Here are a few things you might want to consider in selling your home yourself.
Selling your home yourself is not all that difficult. It does not take a genius, however you, must contact several people that will help you in this important asset
To solve the fliers situation go to Staples or Office Depot and for approximately $5.00 or so you may buy a container to hold the fliers. Now make sure that you place this some place on your property that can readily be seen. The fliers should have a front picture of you home as well as a few inside shots mainly the kitchen and living rooms. You want to use words like large kitchen,(Only if it is true) Huge master bedroom.
Now one of the first things you might want to do is find someone that might or is willing to assist you with the sale of your home. Look in your telephone book for a mortgage broker, call him, tell him you are selling your home and need someone to assist you in qualifying potential buyers as well as assist with any open houses. Keep calling until one of the mortgage brokers will commit to assisting you.
Now that you've got this mortgage broker aboard he will take care of most of those so called disclosures that might be required in your state. (Not so scary any more is it)
Now if one of those real estate agents drop by and ask if you are willing to pay them a commission if they bring you a buyer, tell them you are not and they should get their commission from the person that hired them. The reason being is that you are attempting to get the maximum amount of the proceeds from the sale of your home into your pockets and not those of a real estate salesperson. Be polite but firm.
Now you also need to make sure that your home get the maximum exposure possible. So place as many fliers in the community as possible especially in the commercial places around your area. Ask the owners of liquor stores, cleaners and other places if you can place a single flier in their business, especially the business you frequent in your neighborhood. Ask your boss if you can place one in the work place.
There are also many web sites that will allow you to place free ads of your home for sale, so find them and place your home in as many of them as possible.
Now about those nice real estate agents, you will need to contact at least three of them. Tell them you are thinking of selling your home and you are in the process of selecting a method of doing this and you want to see what they can do to assist you in the sale of your home. Be truthful. Tell them you are considering selling it yourself, getting a cut rate broker or getting a full time real estate agent.
By doing this you will be able to get one or two to give you some idea about what to sell your property for. They will give you an estimate or what is called a CMA. They will leave that with you, interview 3 agents.
After you have looked at what they have offered, don't leave them hanging, call them back and tell them you have decided to sell the property yourself. Thank them for their assistance.
Now you want to get the house in shape to sell, get a professional Gardner to landscape the outside at least once.
Look inside the house see if there are anything needing repair that you know of, get these things done now. Check the carpet, either get it steam cleaned, get new carpet or give the buyer a few hundred dollars to change the carpet. Be especially mindful of the kitchen and bathroom.
Now once you get a possible buyer that is not pre-approved to purchase the house make sure the mortgage broker is called so he can take care of that for you. If you find one that is pre-approved he/she already have a mortgage broker that will assist in the closing of the transaction by opening an escrow closing agent, getting a title company. The mortgage broker will also be able to assist you in preparing a sales contract.
I hope this has been of some use to you, good luck.
';FIGHT ON';Getting divorced, selling SF home NJ %26amp; 2nd home FL. Would like to FSBO. Any %26amp; all advice welcomed.?
I'm biased, I've been helping buyers and sellers of real estate as a licensee since the 70's and know the nightmares of buying and selling real estate without the proper representation. I will ask you two questions and give you an analogy as to why you should get proper representation.
Did you represent your self in the divorce? If not, did you feel you could have done better than your legal councel?
Analogy time: If you like a nice warm bathtub full of water to get into after work don't let the fact that it's water your getting into lure you into jumping off a cruise ship in to the water out in the middle of the ocean if you don't know how to swim.
I wish you the best. If you want to know what you need to know about real estate and what you want to embark in, go to this link http://www.realestateformnm.com/Research鈥?/a> and those do not include each state's information.
Buena SuerteGetting divorced, selling SF home NJ %26amp; 2nd home FL. Would like to FSBO. Any %26amp; all advice welcomed.?
I can tell you that you will spend more time than it is worth trying to do it FSBO. With the right professional, you will avoid being sued down the road for violating local ordinances, or not disclosing something that should be disclosed. Also, are you prepared to hold open houses at your homes, do all of the follow up with the prospective buyers, meet all of the applicable inspectors, arrange for any and all work to be done once the inspections are done and the reports come in? Not to mention all of the time and money you will spend trying to market the house...my advice is don't try to be a brain surgeon if you are not, and don't try to sell your most expensive asset if you are not a specialist in that field, either. For more info, go to www.TerraBruns.com.
Here is some advice. Get a Realtor, they can sell your house for more, they do this for a living, they understand the contracts, disclosure statements and forms required in a real estate transaction. They can price your home base on the comparables in the area. You may know how to price your home, but you may not have access to the comps in the area to price it correctly. Realtors are objective and they focus on how well the home suits a potential buyer.
Are you prepared to be available 8:00 a.m. - 7:00p.m., daily to show your home? Are you prepared to screen buyers, that is, separate the looky loos from the buyers?
Realtors also know how to negotiate and handle contingencies and counteroffers. Then there is home inspection, termite inspection, title insurance, escrow, final walk thru things that a agent will see to.
Even though you may go to court and defend yourself in a lawsuit or do your own taxes its probably not the smartest thing to do. Then in light of that, do you think it's a good idea to sell the largest single asset you have yourself?
Hire a Realtor, and he or she can recommend another Realtor to sell your home in the other cities. And remember, commission is negotiable keeping in mind that the buyers agent may not show your home if the commission is to low. 6% is the going rate. 3% per side.
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