Thinking about selling home on your own? Here are 4 tips for you;
1. Do your homework
The first thing you’ll need to do is research the recent transacted price in the areas and don’t deduct the agency commission. Some of the homeowners make mistake of simply pricing their home without checking the recent selling price. If you want to sell your home at higher price, you’ll need to point out the specific conditions of your home that the buyer willing to pay for. Besides, if you don’t know the market value of your property, you can hire a property valuer to look at your house.
2. Get a lawyer
No matter you are buying or selling the house, you are required to get a lawyer to handle the legal paperwork for you. Lawyer can advise you beyond standard issues o contracts and processes to that of taxes and titles. It is advisable to find a lawyer who familiar the area as they may know the local department officers and this can help them to get the things done quickly.
3. Advertise your home
Place a signboard in the vicinity of the property. Ask your friends and families to help you to spread the word. Post your advertisement on social media pages or groups. Buy newspaper ad or post your advertisement on online property portals.
Once you get the reply on your advertisement, you’ll need to request identification prior to your scheduled viewing and avoid showing the property alone.
4. Set a cut-off date
Once you put your home advertisement on social media or whatever places, you’ll need to set a cut-off date and come out a plan if your home didn’t sell out within 3 or 6 months. When reach your cut-off date, you can either continue to hold out if you are no rush to sell out your home, or look for a local property agent to takeover.
Although is is a good idea to sell your home on your own and save your money from the agent commissions, but its not a best option at all. Especially if you want to sell out your home quickly or you don’t have any free time and energy to prepare the materials and information to sell out your home. Then you should go for property agent instead.
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