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Sell Your Home 101: The Five Must-Do’s of Selling Your Own Home
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The past decade has witnessed a trend in the real estate market of “for sale by owner” transactions. Whereas homeowners once wouldn’t think of attempting to sell their houses without the help of an agent, today sellers are beginning to see the many benefits of bypassing the usual agent route and staking their own sign at the end of their driveway.
“Wait!” you may be saying. “I’ve never sold a girl scout cookie, let alone a home!” Not to worry. Selling a home is something that even a novice can do. All that you need are the proper tools and a bit of direction. And for both of these things, you’ve come to the right place. NoCommish.com is here to provide you with all of the information and tools you need to sell your house.
Below are the Five Must Do’s of selling your own home. Follow these guidelines and you’ll be on your way toward reaping the many benefits of being your own agent.
DO make sure that your home is correctly priced. Just because you’re not working with an agent doesn’t mean that you’ll be able to sell your home at any price. The Wall Street Journal’s Real Estate Guide suggests paying an independent consultant to provide a market-worthy estimate for your home. Plus there are many sites, such as Zillow.com, that help owners determine their home’s value, free of charge.
DO ensure that your home is “sale ready”. Simple cosmetic improvements can perform wonders in improving the salability of your home. Take the time to repair the cracked window, add a coat of paint, or plant a few flowers in the yard.
DO have all the facts about your home readily available. While “spacious” may sound like an adequate description of your living room to you, in all likelihood a potential buyer will want to speak in terms of actual square footage. Have a clear and easy-to-read printed copy of your home’s specifics available for every potential buyer who comes to view your home.
DO develop an advertising plan. Selling your home will most likely require a bit more focused effort than simply placing a “For Sale” sign in the yard and waiting for the phone to ring. Advertising in local newspapers is good, but posting your home on the web, particularly on high-volume sights specializing in home sales such as NoCommish.com, is even better as it greatly increases your home’s visibility and will be well worth the small investment that may be required.
DO have all your legal T’s crossed and I’s dotted. Have all the necessary contracts and closing documents prepared and ready ahead of time. This way, when a buyer expresses interest, you’ll be well equipped to answer any questions and close the deal smoothly and amicably! You can find links to legal services in the seller help section of the site.
Remember, the first attempt at anything can be intimidating, but with these Five Do’s in your pocket and www.NoCommish.com on your computer screen, you’re on the right road to closing the deal and selling your home!
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