10 Tips to Sell Your Home Without a Realtor in Jacksonville!
Want to sell your home without a realtor in Jacksonville, Florida? Selling a home on your own is a difficult task, especially if you don’t know where to start.
The idea of not having to pay a commission to a realtor is attractive to any home seller. However, a number of issues can arise during the for sale by owner process.
If you ask anyone who has ever tried to sell their home themselves, they’ll tell you that from the moment the “For Sale by Owner” sign goes up, the phone begins to ring. Unfortunately, many of those calls won’t be from prospective buyers, but rather from realtors looking to obtain your listing.
If your goal is to sell your home without a realtor, the key is to prepare in advance. Otherwise, your home could remain on the market longer than you expect because you are not attracting and getting offers from qualified buyers.
Many homeowners eventually become frustrated and consider giving up selling their home on their own. However, there are many sellers who are successful, and you can be one of them.
Our team at Your Home Sold Guaranteed Realty - Phil Aitken Home Team has created a guide to help you understand the elements involved in the for sale by owner process. That way, you can sell your home quickly and for the most amount of profit. This guide includes ten tips you should know before you decide whether or not selling your home without a realtor is the right approach for you.
1. Price it Right
Setting the right asking price is critical. Pricing your home too high can be as costly as pricing too low. Home prices are determined by fluctuations in the marketplace, not by your emotional attachment or by what you feel your home is worth. In order to establish a realistic price for your home, look at the price, features, and condition of similar homes in your neighborhood that are currently listed and recently sold in your area over the past six months. It’s also important for you to be familiar with the terms of each potential sale. Terms are often as important as price in today’s market. Carefully budget your selling costs and prepare a net proceeds sheet to calculate your best estimate of what you will take away from your home sale. Prospective buyers may also request this kind of analysis of buying costs.
2. Prepare Your Home for Sale
Buyers’ first impressions of your home are crucial. Ensure your home makes a positive statement by carefully inspecting all details and viewing it through the objective eyes of a home buyer. Don’t gloss over needed repairs and fix-ups, as your prospective buyers won’t. Your job is to make your home stand out from the competition.
3. Pre-Qualify Your Prospects
Don’t waste your time entertaining home buyers who could never afford your home. Only negotiate with buyers who have been pre-approved by a reputable mortgage lender. In addition, ask serious buyers to make an earnest money deposit into an escrow account.
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