Have you ever thought about selling your house yourself? There are several reasons why one might want to sell your house yourself however, just because it might make financial sense to do so, are you aware of all the pros and cons and ins and outs involved? Read this blog post to learn several things you should know about selling your own house in Fort Worth.
Selling your house? Sure, a lot of people get a real estate agent to help them but is that really necessary? If you want to save money on commissions and also have more control over the process then you might want to consider selling your house by yourself. Here are a few:
Things You Should Know About Selling Your Own House In Fort Worth Texas
#1. You Should Make Your Home Market Ready
As a seller, it’s your job to make sure the house is as attractive to buyers as possible. That means, you should walk through the house as if you were a buyer and decide what a buyer might want.
For example, if buyers in your neighborhood want houses that are finished and move-in-ready then you might need to make sure all the little work (such as baseboards and light switches) are present.
Or maybe your buyers want a house that has a beautiful backyard then you need to think about installing a deck and putting in some landscaping.
#2. The Price Is Right
Selling a home not only has to be “ready” to sell but it also must be “Priced Right” to sell. Have it priced too low and you leave money on the table. Price it too high and it may not sell as fast as you like. You need to strike a balance so that it sells within your timeline at a reasonable price/profit. One mistake many make is wanting a higher price which may cause it to take 6 to 9 to 12 months to sell, rather than selling fast at a lower price but much fast. By the time to wait 12 months, all your extra profit may be eaten up by the added holding time and expense i.e. taxes, insurance, maintenance, upkeep, vandalism, etc. You might ask a local agent or a local real estate investment company such as TMC Property Solutions with pricing right.
Now that the curb appeal and price is right, it’s time to develop a marketing strategy and begin marketing. One of the key secrets to selling your house is to get lots of buyers walking through it, and to do that, you need to market your house.
There are many places you can do that – from local websites to bulletin boards at the grocery store, and from social media to a sign on the corner. Get the word out and start getting buyers in.
#4. Accept The Fact It’s Going To Cost You
Don’t be afraid to spend a little money on your marketing efforts to sell the house fast. Posting on FSBO web sites, doing a flat-fee listing to get it on MLS, printing flyers and post cards to promote open houses, etc. all cost money.
#5. Be Prepared To Negotiate
As a seller you want a higher price, and buyers want to pay a lower price. So, if you are selling your house yourself, you need to do what the agent does – and try to find the right price that makes both parties happy. Therefore, some negotiation skills are necessary.
Selling a house requires some paperwork – including contracts and disclosure statements, and perhaps other documents depending on where in Texas you’re planning to sell. So make sure you understand what paperwork is required.
#7. It’s A Lot Of Work
Selling a house is a lot of work for sure. If your afraid of hard work you may consider the help of a realtor or selling to a local house buyers such as TMC Property Solutions. Local investors buy houses fast and typically close within days. Let us take the load off you and we’ll buy your house. Give us a call today for your no-obligation offer.
Want to sell your house yourself? That’s a bold step but it can save you some money on commissions. If so, then the things you should know about selling your own house in Fort Worth include: making your home market ready, pricing it right, marketing actively, realize it’s going to cost you, negotiating, understanding the paperwork, and realize it’s going to be alot of work selling your house yourself.
If all of that process turns out to be more work or hassle than you want, you have another option to sell your house fast – you can always sell your house to us here at TMC Property Solutions. We are professional house buyers and we can make an offer to buy your house right away.
Click here to fill out our short form or call our office at (817) 550-5069 Ext# 4000
TMC Property Solutions is an accredited business and A+ rated members of the Fort Worth BBB and has been buying houses fast in Dallas Fort Worth since the year 2000. See what Google has to say about TMC Property Solutions here.
Together, We Can Create Your Solution!