To sell house without realtor or not. This is a common issue facing many homeowners in Phoenix. If you’re considering selling a home without a real estate agent, there are several important things you need to know before ever putting it on the market. Read on to learn more about how to sell a house without a real estate agent!
Reasons to Sell House Without A Realtor
There are many reasons why you may be considering selling your house without a realtor, including:
- Can’t Afford It
- Need to Relocate
- Inheritance or Probate
- Too Many Repairs
- Illness/Death in the Family
In many instances, a homeowner will choose to sell without a realtor to avoid the exorbitant commissions and fees that come with hiring one.
How to Sell A House Without A Real Estate Agent
If you’ve decided to forego a real estate agent and want to sell your house on the market, here are the steps you need to follow:
- Set Property Price
First, you’ll need to set a price for the house. To do this, you can search online to get an idea of what similar homes in your area are going for. You can search by neighborhood, town, zip code or city.
- Create An MLS Listing
Next, you’ll need to place the house on the Multiple Listing Service, otherwise known as MLS. Both realtors and potential buyers have access to the MLS.
You will need to pay a fee to list on the MLS, which typically costs hundreds of dollars.
- Market Your House
After you’ve listed the property, you will need to start marketing it. Social media is a good place to start, as you can advertise your home in many cases for free. You can also advertise with flyers, brochures, and newspaper ads, but there’s almost certainly fees associated with these methods.
- Prepare for Viewings
Now that you’ve advertised your home for sale, you need to prepare it to be seen by potential buyers. If you’re selling without a realtor, it’s recommended to hire a professional house stager, which costs an average of $800.
You’ll need to be able to schedule times for viewings that work around a buyer’s schedule, not your own. This means you very well could be showing your home during odd times, nights or weekends.
- Negotiate & Close
Finally, if you find a buyer, you will need to negotiate and close the sale. This back-and-forth process could take weeks or months to be resolved. Any contract needs to be reviewed by a real estate attorney so that all local and national laws are being followed.
Once you’ve dotted all the I’s and crossed all the T’s, you can generally complete the sale of your house within a month.
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With Cash Home Buyers Phoenix, selling a home without a real estate agent has never been easier!