Wednesday, October 11, 2006

How To Sell a House By Owner

As the internet revolutionizes the real estate industry, more sellers are bypassing realtors. This raises the question of how to sell a house by owner.
How To Sell a House By Owner

Selling a house by owner, at least initially, only involves the decision to do so. Sure, later there are some extra steps, but right away it involves whether or not you decide that you want to sell it yourself. Yes, it will require additional time and work, but the dividends can be great due to the lack of real estate agent fees that you will avoid being pounded with.

Assume you sell your home for $300,000. A typical realtor commission of 6 percent will equate to a commission of $18,000. That represents a good chunk of the equity you have been building up over the years. Learning how to sell your house by owner can avoid such a loss of wealth.

Once you’ve decided that you want to take the path of selling a house by owner, begin to do the steps necessary to spice up the house. Clean it up both on the outside and inside. The outside is something people often forget about, but curb appeal is extremely important. First impression means a lot. When the potential buyers first drive up, they want to see an attractive house in front of them.

When the outside looks appealing, focus on the inside and have everything cleaned and spiffy. Impress your potential buyers. Carpets should be cleaned, paint touched up and so on. You want the home to have a new, well cared for appearance. This is particularly true if your home is an older structure. Remember, the buyer is trying to picture themselves living in the property. Give it the once over. Then ask a friend to walk through and point out problems spots. Fix them and then prepare to list your home for sale.

Once the home is ready to go, you need to do exactly what you are doing now – use the internet. A vast majority of homeowners now sit and click at their desk when looking for real estate. This evolution has been bad for real estate agents, but great for people selling their own homes. In fact, over 30 percent of homeowners now intend to sell on their own when it is time to do so. As the internet continues to evolve, this number will only grow higher.

If you really want to know how to sell a house by owner, there are three words you have to focus on – free, photographs and information. Free refers to a free listing on a site such as this one where you get the first 30 days. Photographs refer to the fact you must upload digital photographs of the exterior and interior of your home so that buyers can see what you are offering. Information refers the fact you should upload as much information as possible on your home including age, unique features and so on. Focus on these three steps and you will be on your way.

The question of how to sell a house by owner is answered fairly easily. Spiff it up and use the internet to reach buyers.
As the internet revolutionizes the real estate industry, more sellers are bypassing realtors. This raises the question of how to sell a house by owner.
How To Sell a House By Owner

Selling a house by owner, at least initially, only involves the decision to do so. Sure, later there are some extra steps, but right away it involves whether or not you decide that you want to sell it yourself. Yes, it will require additional time and work, but the dividends can be great due to the lack of real estate agent fees that you will avoid being pounded with.

Assume you sell your home for $300,000. A typical realtor commission of 6 percent will equate to a commission of $18,000. That represents a good chunk of the equity you have been building up over the years. Learning how to sell your house by owner can avoid such a loss of wealth.

Once you’ve decided that you want to take the path of selling a house by owner, begin to do the steps necessary to spice up the house. Clean it up both on the outside and inside. The outside is something people often forget about, but curb appeal is extremely important. First impression means a lot. When the potential buyers first drive up, they want to see an attractive house in front of them.

When the outside looks appealing, focus on the inside and have everything cleaned and spiffy. Impress your potential buyers. Carpets should be cleaned, paint touched up and so on. You want the home to have a new, well cared for appearance. This is particularly true if your home is an older structure. Remember, the buyer is trying to picture themselves living in the property. Give it the once over. Then ask a friend to walk through and point out problems spots. Fix them and then prepare to list your home for sale.

Once the home is ready to go, you need to do exactly what you are doing now – use the internet. A vast majority of homeowners now sit and click at their desk when looking for real estate. This evolution has been bad for real estate agents, but great for people selling their own homes. In fact, over 30 percent of homeowners now intend to sell on their own when it is time to do so. As the internet continues to evolve, this number will only grow higher.

If you really want to know how to sell a house by owner, there are three words you have to focus on – free, photographs and information. Free refers to a free listing on a site such as this one where you get the first 30 days. Photographs refer to the fact you must upload digital photographs of the exterior and interior of your home so that buyers can see what you are offering. Information refers the fact you should upload as much information as possible on your home including age, unique features and so on. Focus on these three steps and you will be on your way.

The question of how to sell a house by owner is answered fairly easily. Spiff it up and use the internet to reach buyers.

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