How Do I Sell My House Without a Realtor?
The vast majority of those who sell their homes do so with the help of a realtor. According to the National Association of Realtors, about 90% of the people who sell their homes each year have a realtor in their corner when they do it.
But you should know that you don’t have to call on a realtor for help when selling a home. You can hold a DIY home sale and sell a house yourself in an attempt to save money on realtor fees.
If you’ve been wondering, “How do I sell my house without a realtor?”, we’re going to walk you through the steps you’ll need to take to do it. It should make completing a home sale by yourself way easier than it would be otherwise.
Here is a guide on how to sell a home without the help of a realtor.
Start by Coming Up With the Right Price for Your Home
A lot of people make the mistake of listing their home for way more than it’s actually worth when they’re selling it on their own. They don’t have a realtor to bring them back down to earth by telling them what their house is really worth in the end.
Don’t make this mistake when you’re selling your home by yourself! Instead, look around to see what other homes like yours have sold for in recent months. It should put you in a much better position to come up with an accurate price for your home.
If you attempt to sell a house on your own for way more than it’s worth, it’s going to sit on the market for months on end without getting many bites. It’s why you should be realistic when generating a price for your home.
Put Together a Great Listing for Your Home
In addition to coming up with a price for your home prior to putting it up on the open market, you’ll also need to create a listing for it. People will be able to read this listing to see what your home has to offer.
Before you begin putting together a listing for your home, you might want to look around at some of the listings for homes in your area. It’ll give you a better idea as to what your listing should sound like.
Ideally, you want to make your listing sound as enticing as possible so that people will want to come and check your house out. You should be sure that you include all of the important facts and figures related to your home in your listing so that people will know whether or not your house is going to check all the boxes for them.
Market Your Home Sale Accordingly
The hardest part of selling a home is marketing it to the masses in an attempt to get offers on it. The marketing aspect of things is one of the biggest reasons why people hire realtors to help them sell their houses.
But if you’ve already asked yourself, “How do I sell my house without a realtor?”, and you’re committed to doing it, you should know that you can market your home sale on your own. You just have to say, “I’m going to sell my house without a realtor!”, and aim to make it happen.
You can market a DIY home sale by:
- Sticking a “For Sale By Owner” sign in the front yard
- Hanging up flyers about your house sale in your neighborhood
- Getting your home listed on one or more of the “For Sale By Owner” websites that exist
It’s not necessarily going to be easy to market your home when you’re trying to sell it. But you’ll have to figure out how to do it to begin to get bites on your house.
Prepare to Schedule Tours of Your Home
As soon as you start marketing your home in an effort to sell it, you’re going to have people reaching out to you to set up tours of it. Some of these people will just want to be nosy and get a glimpse of the inside of your home, while others will be serious about wanting to buy your home from you.
You’ll need to let them all come into your home to see what it has to offer. You should check both your phone and your email early and often and get back to anyone who shows an interest in taking a tour of your home.
Be Patient While You Wait on Offers for Your Home to Come In
It usually takes between a month and two months for a homeowner to sell a home these days. As a result, you’re going to need to be patient while waiting for your home to sell when you’re selling it yourself.
Under normal circumstances, you would have a realtor telling you to practice patience. But when you’re selling a home on your own, you’re going to have to give yourself pep talks and convince yourself that everything is going to be OK even if your house doesn’t sell right away.
Consider Selling Your Home to a Cash Buyer
If you’re in a huge hurry to sell your house fast, you might want to consider skipping all the steps that we just laid out and contacting a cash buyer in your area. They’ll be prepared to make you an immediate offer on your home and take it off your hands for you ASAP.
At the very least, it would be worth asking yourself, “Should I sell my house to a cash buyer?” It could be the best option for you based on your current predicament.
Stop Asking, “How Do I Sell My House Without a Realtor?”, and Get Out There and Do It
Now that you know the answer to the question, “How do I sell my house without a realtor?”, you should start exploring actually doing it. It’s not as difficult as you might think to sell a home on your own.
It’s nice to have a realtor by your side as you attempt to sell a home. But it might not be necessary. As long as you follow the steps listed here, you might be able to sell your house on your own and save yourself money on realtor fees.
Browse through some of the other informative real estate articles on our blog to get more tips on selling a house.