What is the fastest way to sell a house by owner?
Because selling a house follows a rather lengthy process. Most people tend to want a realtor to handle the sale on their behalf.
This does not come without agency fees and commissions, however.
One way to ensure you retain 100% of the proceeds of your home’s sale is by handling the deal by yourself.
While this might sound intimidating at first, it’s reassuring to know that many people do it successfully every month.
5 Steps to Selling a house By Owner
What is the fastest way to sell a house by owner? By learning the correct process to follow, you should handle the sale process from start to finish.
Read on.
1. Determine the Home’s Value
This is step is fundamental as it will dictate how much you will have at the end of the sale.
While you want to make as much as possible, going too high can outprice prospective buyers, leaving your house on the market for too long. Going too low means, you will be leaving the cash you deserve on the table.
The three main ways to do this are:
- Get a competitive market analysis from a realtor at a fee.
- Use online real estate valuation tools.
- Hire a licensed property appraiser
2. Get Your Home Ready For Sale
You can expect walkthroughs once you advertise your house for sale. As such, you need to make sure it looks its best to entice buyers.
To maintain objectivity, assume this is not your beloved home, and you are there as a prospective buyer.
Ensure to note down any unpleasant aspects of your home and to make the improvements by the time you are showcasing the house.
3. Market the House
With an asking price and your house in tip-top shape, it’s time to let buyers know there is an available home for sale.