How to Sell My House Without Realtor: What to Know

When moving time comes around, you need to put some thought into how to sell your home. Maybe you’re considering going with a realtor. However, working with a real estate agent isn’t something that everyone can do.

Are you asking yourself the question of “how to sell my house without realtor?”

If you want to sell your home by yourself, we’ve got you covered. Here are some tips on how you can sell your home without the need for a real estate agent.

Why Go Without a Realtor?

When you work with a real estate agent, you will have to pay a percentage of your home’s selling price to the realtor. This usually ranges between 3 to 6 percent of the sale price. Depending on your home’s overall value, you could end up paying a considerable amount of money to sell your home with a real estate agent; selling your home yourself can save you thousands of dollars in the long run.

If you’re looking to sell your home quickly, then going without a real estate agent may be best. Houses typically sell faster when you are selling your home by yourself rather than with a realtor. This is especially true if you plan to sell your home to someone you know already, such as a family member, friend, or work colleague. 

The Downside of Selling Without a Realtor

Realtors offer a wide variety of benefits that you will lose by selling the home yourself. For example, real estate agents are trained to know how to evaluate the value of your home; without this knowledge, you may end up selling your home for less than it’s worth. That means that even though you saved money by avoiding realtor fees, you still lose money by underselling your home.

You will also be responsible for all of the aspects that come with selling your home. Staging the home, marketing the home, and closing the sale will all be entirely up to you. If you aren’t sure of how to handle these tasks, then you may want to sell your home with the help of a realtor. 

Tips on How to Sell My House Without Realtor

Now that you know the pros and cons of selling your home without a realtor, you need to know how you can start selling your home on your own. Here are some tips to make the selling process easier and faster.

Determine the Value of Your Home

Before you put your home up for sale, it’s crucial that you know the overall value of your home. If you don’t do your research prior to putting your home up for sale, you could end up making less money than your home is worth. The opposite is also true; if you overvalue your home, it could end up on the market for longer than you would like.

There are plenty of websites that offer estimates on the total value of your home. However, these can end up being inaccurate. If you want a solid estimate of your home’s value, you should contact a property appraiser or a real estate expert for assistance!

Prepare for the Sale

Once you’ve determined your home’s value, it’s time to prepare yourself and your home for the sale! You’ll want to impress potential buyers, so staging your home is important if you want to sell your home fast. That means cleaning, decorating, and repairing damaged sections of your home inside and outside.

Start by decluttering the house room by room. You don’t want potential buyers to see any messes that you’ve left lying around. You should also finish any unfinished repairs or projects to make your home show-ready.

Next, take down any personalized decorations, such as photographs of your family. Keeping your home as neutral as possible will improve a buyer’s chances of placing an offer on your home. It should feel like somewhere they could live in; having your own personal touches decreases their ability to imagine themselves living in your home.

How to Market Your Home for Sale

To get the best chances of selling your home, you’ll need to know how to market your home for sale. Start by taking detailed photos of each room in the house after you have staged it. Then you can upload your photos to various home-selling websites to improve your chances of potential buyers seeing your listing.

If your home has a lot of damage and needs repairs, you may want to consider selling your home locally. Local real estate investors are often willing to purchase your property as-is so you won’t have to worry about the costs of repairs.

Some buyers will even offer cash for your home. iBuyers and other companies offer cash for a quick sale of your home; this is a convenient option for many looking to sell their home fast. This is ideal for those with damaged homes that they don’t want to spend time fixing.

Unfortunately, you may receive a lower cash offer than you would for other sales. If you prefer a speedy sale over extra money, however, then selling your home for cash may be your best option. 

Get Your Home Sold Fast

You don’t have to work with a real estate agent to get your home sold. If you’ve found yourself asking the question “how to sell my house without realtor”, then use these tips and get your home on the market today!

Are you searching for a buyer in Memphis who can take your home off your hands?

We’re here to help. Contact us with any questions or concerns you have about our home buying process and continue reading our blog for more helpful tips today!