There was a time when the idea of selling home without the help of realtor would give sleepless nights but not any more. At the same time one does not need to be rocket scientist to understand that the only the board of "for sell by owner" isn't enough. The only comprehensive solution is to follow some simple but effective steps. The following lines will introduce some of such steps.
Monotonous it may sound but till date the first step is to prepare the board saying for sell by owner. The next big thing is to make the proper estimation about the current market value of the property. A property appraiser or an online date base can be used to formulate the correct price. One must double check on the pricing, both over and under pricing will hamper the endeavor.
If the decision of selling the home appears to be final and the time is ripe, then, the next big thing is preparing the house. Preparation consists of cleaning, brightening and minor repairing (if needed) of the house. A neat and maintained house is more appealing. In addition, this is the ideal time to inspect the house for things like pest control mechanisms and electronic systems. Many buyers would like to inspect the same and it is wise to keep the house prepared.
The next job is to list launch the right marketing strategy for the house. List the house on news papers, websites and local sources. But the most innovative method is to make a video and to post it to You Tube. While making the video one must keep in mind to highlight the attractive parts of the house. A good editing will do the rest of the job. Maximum exposure means better chances of getting a suitable buyer. Word of mouth may sound obsolete but it helps. One may approach local sources and that can yield some prospective customers. Like any marketing strategy, the key is to know the prospective customers and approach them in a right way.
One must check on the financing institutions to cater to the financing needs of the buyers. Helping the buyers with the financial issues will only brighten up the chances of striking a deal.
As one reaches the final step and it is time to ink a deal, assistance from a lawyer is a must. A lawyer will help to make the most out the deal. Set the papers right and negotiate on offers before taking any final decision.
Monotonous it may sound but till date the first step is to prepare the board saying for sell by owner. The next big thing is to make the proper estimation about the current market value of the property. A property appraiser or an online date base can be used to formulate the correct price. One must double check on the pricing, both over and under pricing will hamper the endeavor.
If the decision of selling the home appears to be final and the time is ripe, then, the next big thing is preparing the house. Preparation consists of cleaning, brightening and minor repairing (if needed) of the house. A neat and maintained house is more appealing. In addition, this is the ideal time to inspect the house for things like pest control mechanisms and electronic systems. Many buyers would like to inspect the same and it is wise to keep the house prepared.
The next job is to list launch the right marketing strategy for the house. List the house on news papers, websites and local sources. But the most innovative method is to make a video and to post it to You Tube. While making the video one must keep in mind to highlight the attractive parts of the house. A good editing will do the rest of the job. Maximum exposure means better chances of getting a suitable buyer. Word of mouth may sound obsolete but it helps. One may approach local sources and that can yield some prospective customers. Like any marketing strategy, the key is to know the prospective customers and approach them in a right way.
One must check on the financing institutions to cater to the financing needs of the buyers. Helping the buyers with the financial issues will only brighten up the chances of striking a deal.
As one reaches the final step and it is time to ink a deal, assistance from a lawyer is a must. A lawyer will help to make the most out the deal. Set the papers right and negotiate on offers before taking any final decision.