Steps To Selling Your Home On Your Own

Property Ownership in Malta

Many people are selling their own homes in order to save the commissions they would need to pay a realtor.

Be sure you price your home correctly. You may want to hire an appraiser who can advise you of the fair market value for your home. Or, you can research comparable homes in your area and their sale prices. If you price your house too high you will wait much longer before a sale. If you guess at a price and then find it is too low you will not be able to raise the price if you already have a signed contract.

You need to advertise your house for sale with more than simply putting a sign in the yard. Try advertising in the newspaper or online. One site to look at is Forsalebyowner.com.   Be sure you provide the information a buyer really needs such as number of rooms, number of bathrooms, garage, etc. It is a smart idea to take some good pictures of your home both inside and outside. Provide a link to the photographs in your marketing material.

If someone is interested in purchasing your home have them contact a lender and become pre-qualified for a loan. This will help eliminate potential buyers who will not qualify for financing.

Make sure your home is free of clutter and personal items so it shows better. You want the outside of your home to look inviting and well maintained so a potential buyer wants to come inside and see more.

If anything either inside or outside the home is in need of repair or refreshing be sure it is done before advertising your home. The old adage that you only have one chance to make a good first impression holds true.

How-To-Sell-Your-Home

Expect a buyer to have a hone inspection before purchase so be sure your home is in good condition before you try to sell it.

Schedule appointments for home showings when it is convenient for you. Saturdays are usually just as good as Sundays to hold an open house.

If you are selling your home completely on your own you need to be certain that you understand the laws and regulations that apply to the sale.

Many do it yourself home sellers engage the services of an attorney to handle the legal details and paperwork.

There are also companies designed to help do it yourself home sellers with the sale. These companies charge only a fraction of the cost of a realtors commission. They will assist you with advertising and real estate lawyer services. They may also conduct seminars to assist you with pointers for selling your own home. These companies may publish brochures or magazines advertising houses which can include a listing for your house for sale.

Be prepared to be patient when you are selling your home. It may be some time before a qualified buyer is ready to make a purchase.