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After the decision has been made that you are going to sell your house there will be some questions. The big question you may ask yourself is should I sell my house without an agent. This is something that a lot of people are attempting to do. It may work for some but many will often tell you that they would probably not go that route again. This is because contrary to the belief of many the process you have to go through to sell a house yourself is not easy.
There are lots of reasons you would sell your house without an agent. If you have to move quickly and don’t have time for the house to sit on the market, this is an appealing option for you. Not to mention if you’re facing foreclosure, or want to auction your house for the highest price. If you’re thinking “Should I sell my house without an agent”, then this is the article for you. We’re going to talk about the steps you can take to sell your house yourself, without hassling with an agent.
The steps to sell a house yourself is going to begin with first knowing how much you should list the house for. When you are going through the process to sell my house without an agent you cannot just rely on guesswork. You will need to check your area to see what other houses are listed for. Then at the same time you will need to look at what some of the houses have sold for. To sell my house without an agent you need to look at the similarities of the houses that have sold compared to yours.
To sell my house without an agent means no expert advice.
Most often when people are putting their home on the market they go through various steps to prepare it for a sale. It may mean having to do some repairs. Without an agent to guide you as to what repairs are necessary you may end up doing a lot of repairs that are not needed. In the end you could spend money you didn’t need to.
The next step is putting the house on the market. This means you need to know how to advertise it. It is not just a matter of putting a sign on the front of the house and expecting buyers to flock to it. You may get some drive by interested parties. However, it usually takes several interested home buyers before the right buyer comes along. Attempting to sell my house without an agent takes a great deal of insight for marketing it properly. You will need to write enticing adds and place these in your area papers. This will give you some limited advertising. But there are no guarantees that those who read this area paper are in the market for a new house.
Then you are going to have to prepare yourself for the inconvenience of showings. With the sell my house without an agent concept it means you have to take on the role of an agent. You will have people perhaps knocking on your door at any time asking to view the home. This can be a real hassle, and it can be potentially dangerous. You don’t really know if the party is interested in buying your home.
When you do get an offer you are going to need a lawyer to review it. You could end up having to go through this process several time. Most often there is a lot of negotiating back and forth when it comes to the sale of a house.
The Pros to selling a house without a realtor is really only the savings on the real estate fees. These are those that you would normally have to pay. These can vary and will depend on how much you sell the home for. So in some cases they can be quite substantial.
The cons to selling a house without a realtor is a much longer list. There are still fees involved that you will have to pay. The advertising fees will likely be quite hefty. You will have to advertise in a variety of different mediums and they all cost money.
Then as mentioned you will have to rely on a lawyer for reviewing offers. If you are going to negotiate back and forth on an offer then the lawyer’s fees are going to increase.
There is the inconvenience of people showing up at your door unexpected to view the home.
The bottom line is with selling without a realtor pros and cons, is the cons far outweigh the pros.
There are other steps to selling a house by owner fast. This means taking the approach of selling to cash buyers. These are individuals who are in the business of buying homes for cash. It means that you do not have all of the hassles that you will go through. Selling a house by owner fast is something that you can enjoy with a quick cash sale.
When you look at how to sell a house by owner quickly it means you can accomplish this with a cash buyer. There will still be some negotiations on the price. However, this is to be expected no matter which sale procedure you go with. An experienced cash buyer will offer you a fair deal on the price of your home. They are very astute at knowing what a house is really worth. They will take into consideration the sale of other homes in the area.
With the cash buyer process you are not going to be faced with those advertising fees. Nor are you going to have the extra costs that can come with having to rely on an owner. You can negotiate quickly with the cash buyer. There will be no need to worry about what repairs need to be made to the home for the sale. Cash buyers will purchase the home as is. This means you only need to have a lawyer act on your behalf for closing the deal. The cash buyer will look after their end. It turns out to be a clean, simple deal with virtually no hassles. You don’t have to worry about whether the buyer can qualify for a mortgage. They already have the funds in place for the purchase.
With a cash buyer looking to buy your home you can forget about the question should I sell my house without an agent. You do not need an agent for this type of house sale.
There are lots of reasons you wouldn’t want to sell your house with a realtor. If you’re interested in getting a quick sale for cash, then selling to a cash buyer is for you. At Return On Investments LLC, we’ll make you a no obligations cash offer for your house in order to help you avoid the stress of listing with an agent.
Have a question? Give us a call! We’re always ready to talk. No matter if you have questions about the house selling process, or want to get a quote for your house, we’re more than happy to help! Reach us at 248-726-1409, or send us a message on our website!