9 Steps to Selling a House by Owner

For Sale By Owner

 

You`ve decided to take advantage of this hot seller’s market.

 

You should be able to  sell your home without an agent right? What are the steps to selling a home on your own? That’s  what we’re talking about today.

 

I talk all about the Ramsey, MN area and give you some real estate tips along the way.  Today we’re talking about the steps of selling your home without hiring a real estate agent. 

 

Even in this crazy seller’s market, there is more to selling your home than sticking a ‘for sale’  sign in your yard and waiting for the phone to ring. There are a number of items to consider and  prepare for before you can sell your home.

 

1. Prepare your home for the market.  

 

Make sure that your home is show-ready before you ‘go live. For more tips on preparing your home  to ensure a fast sale for more money email me at vanmillrealestate@gmail.com

 

2.Set a realistic price.

 

Pricing your home right is very important.  Setting the price too high and you risk the home sitting on the market for a while,  setting the price too low and you may leave money on the table. You can rely on the different  automated pricing systems online (like Zillow or Redfin) or you can pay to have an appraisal  done before you list. The choice is yours.

 

3. Decide whether you will pay a buyer’s agent.  

 

Even if you decide to list on your own without hiring a listing agent, you can still pay a  buyer’s agent and save a good chunk of money. Many people selling on their own appreciate having an  agent there to take care of the paperwork and help to facilitate the escrow process.  If you decide that working with agents isn’t an option, make sure to communicate that out  of the gate with potential buyers.

 

4. Hire a photographer.

 

Taking photos  with your iPhone may not present your home in the best light. Photos are very important.  The goal is to get people in to see the home in person and imagine themselves living there. Photos with poor lighting or editing can prohibit that from happening. 

Photography

 

 

5. Market your home.

 

Paying a fee to advertise on the Multiple Listings Service may be well  worth the money to ensure the most eyes see your home online. But if that’s not an option for you,  then Zillow, Craigslist, Facebook, and newspaper ads are all options.

 

 6. Be flexible with showings.

 

Making sure that your home is available for prospective buyers  to view is very important. As a seller without an agent, you must be there for your showings  (unless you decide to work with buyer’s agents). You can also hold  open houses on the weekends to pack multiple showings in if that works for your schedule.

 

 7. Review offers and confirm proof of loans or funds.

 

Decide how you will review offers.  Will you review them one at a time or will you have a deadline for offers if it looks like  multiple offers may come in? Make sure that you ask to see a pre-approval for buyers who  will be getting a loan or proof of funds for cash buyers.

Doing your due diligence at the  beginning can help things go smoothly later.

 

8. Negotiate and accept an offer.

 

It’s okay not  to accept the first offer that comes in. If the terms don’t fit what you’re looking for,  make sure to ask for what you need.

 The worst they can say is no. 

 

9. Handle contract paperwork and disclosures.

 

If you aren’t working with buyer’s agents, make sure  to either consult with a Real Estate Attorney or do your research on the required documents.  When it doubt, disclose, disclose, disclose.

 

 Things can get ugly even after the sale is  done if anything is hidden during the deal. I hope you found this information helpful.

 

 

How much does a house cost in Anoka?

240 Anoka homes for sale in 55303 in MN. The Van Mill Group has access to the latest real estate data including single family homes, condos/townhouses, open houses, new listings and more in Anoka MN.

 

How is the housing market in Anoka?

The median list price in Anoka is $322,858. The median list price in Anoka was less than 1% change from October to November. Anoka’s home resale inventories is 26, which decreased 7 percent since October 2021. The median list price per square foot in Anoka is \$199.

 

What are the popular zip codes and neighborhoods in Anoka MN?

 

When you’re ready to buy, The Van Mill Group will connect you directly and can guide you on your journey to buying your dream home.

 

 

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One thought on “9 Steps to Selling a House by Owner”

  • Does zillow show all houses for sale? – The Van Mill Real Estate Group

    […] off-market property is one that isn’t listed, period. Its owners might not have any intention of selling. Buyers often find these homes by driving around neighborhoods they like and seeking them out. […]

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