Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

How To Go About Selling Your Home On Your Own


In days of booming real estate, you would think that selling a home shouldn't be too much of a task. And if it's going to be that easy then why not do it on your own and save yourself on thousands of dollars in commissions. Well, you would be right in thinking so! Selling a home on your own has become much easier these days compared to earlier and it's something that has been done successfully in the recent past by many homeowners. Nevertheless, you cannot totally eliminate the 'option' of considering the services of a real estate agent. It's worth a try selling your home on your own but if things don't seem to work out then it's best to go back and rely on the services of a trusted agent you know.

So how should you go about selling your home on your own? Outlined below is a useful checklist of how you can go about selling your home on your own and points you'll need to keep in mind while you go about the home selling process.

First things first. Before putting your home on the market, make sure your home is ready to sell. You don't want buyers coming to your home and walking back without a trace of interest for reasons you could very well avoid. Spruce up your interiors, have your entry way done up, improve the curb appeal of your home, ? Basically, do everything that you think would impress you if you were a buyer for your home. If you choose to make improvements to your home, do consider whether the cost of such improvements can be justified by a hike in the price of your home or in selling your home faster.

Next, you'll need to set an asking price for your home. You may ask an agent to give you a comparative market analysis of homes in your area, you may look up data on how much homes in your neighbourhood have sold for in recent times or look around your neighbourhood for homes on sale and compare their prices. Make sure you don't over-price your home. (You may get a free home appraisal done here.)

Importantly, put a 'For Sale' sign outside your home. The implications of this are quite obvious - it would tell your neighbours and passers-by that your house is for sale and the word will spread.

Compose a flyer for your home with picture and details of your home. You could put these flyers in a transparent folder on your 'For Sale' sign for interested buyers to take home with them to look through. Distributing these flyers in supermarkets and other stores will also help in increasing the chances of a quick sale.

Get a set of real estate contracts and disclosure forms. You may find these in some stores or you may also get them from the Internet.

Plan your advertising budget and the mediums you choose to adopt for advertising your home. You may choose from TV advertising, Newspaper Classifieds, Real Estate Magazines and Internet Ads. With a number of people using the Internet these days to begin their search for a home, advertising on the Internet proves to be a cost-effective medium.

Plan and execute an 'Open House' for buyers to come and inspect your home. Effectively, Saturday and Sundays would be ideal for such purpose.

Finally, you'll need to rope in a real estate attorney to handle the closing, when you've got a buyer who's presented you with a signed offer that's perfectly acceptable to you.

Selling your home on your own will require some patience and perseverance on your part. It's not something you can do if you're too busy to be able to show your home to buyers or to be able to effectively market your home. Selling your home on your own though will save you a lot of money in real estate commissions and is something definitely worth the effort and time you put in. So, following the outlined points above should get you through most of the home selling process. And once your home's sold, celebrate!

Sameer S Panjwani is the CEO and Founder of the popular FSBO website ChoiceOfHomes.com


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Wall Street Journal

Search for Amazon HQ2 Sparks Real- Estate Speculation
Wall Street Journal
Plenty of real-estate investors are poised to buy property in whichever city Amazon.com Inc. picks for its second headquarters. Some aren't waiting. Speculators are raising funds to invest in real estate near the winning site—wherever that may be—or ...



Forbes

Real Estate Loans Built Up Bank OZK's Reputation. Now CRE Write-offs Are Sending Shares Plummeting
Forbes
Bank OZK lost more than a quarter of its value on Friday after the Arkansas-based lender formerly known as Bank of the Ozarks wrote off about $46 million in commercial real estate loans on two unrelated projects in North Carolina and South Carolina.

and more »


Forbes

5 Key Steps To Retire Early With Real Estate
Forbes
He retired early, 36 years old, because of his real estate investments. No, he didn't inherit massive wealth from his father and invest it in hotels and golf resorts. No, he didn't become a real estate mogul under the tutelage of a billionaire. He's ...



Forbes

Property Taxes And Local Government Are The Keys To The LA Real Estate Market
Forbes
Have you ever opened your property tax bill and, after looking it over, wondered how they come up with that amount? Or, who "they" are? Maybe you called the tax collector's office and complained that your taxes are too high. You were likely directed to ...

and more »


Press & Sun-Bulletin

How much? Broome County real estate transactions
Press & Sun-Bulletin
Real estate transactions for July 29-August 4. BROOME COUNTY. Barker. Matthew Conklin sold 593 Pendell Hill Road to Benjamin Geertgens for $140,000 on August 3. Binghamton City. Thelma G. Whitehouse sold 24 Milford St. to Joseph G. Southee for ...
How much? Tompkins County real estate transactionsIthaca Journal
How much? Chemung County real estate transactionsElmira Star-Gazette

all 5 news articles »


Sarasota Herald-Tribune

REAL ESTATE PEOPLE
Sarasota Herald-Tribune
Coldwell Banker Residential Real Estate has named Dawn McClure as the new branch manager of the Manatee office, where she will lead about 28 independent sales associates. McClure has worked in real estate for 36 years. Before her career in real ...



Real Views (blog)

How drones are covering new ground in real estate
Real Views (blog)
A big part of that includes real estate and construction, with the sectors expected to pump US$265 million and US$11.2 billion respectively into drone technology over the next few years, according to the global investment bank. Their ability to collect ...



Local Real Estate: Still a seller's market in areas of Stark County
Canton Repository
Local real estate professionals gave their assessment for how the Stark County-area real estate market is doing now. Two local real estate professionals said despite rising interest rates, sellers still have the upper hand in a robust residential real ...

and more »


Does climate change affect real estate prices? Only if you believe in it
San Francisco Chronicle
11, explored how residential real estate prices are impacted by beliefs about climate change. Using a novel set of data, we were able to uncover a relationship between differences in beliefs about the occurrence and the effects of climate change – that ...



Wall Street Journal

Goldman Sachs Unit Buys its First Stake in Real-Estate Management Industry
Wall Street Journal
A unit of Goldman Sachs Group Inc. GS -0.71% that specializes in buying stakes in alternative investment managers has made its first purchase in a firm that's dedicated to real estate. The unit, Petershill, acquired this month a minority stake in ...

and more »

Google News

home | site map
© 2006 TIGER MEDIA