How To Sell House By Owner - Save Thousands In Fees
Why pay a realtor thousands in fees with no guarantees of a quick sale
. How to sell house by owner is a lot simpler than most of us think.
In Canada 1 in 4 people sell their homes privately so this can be a very attractive option especially in a depressed housing market. The secret is to follow a proven sales plan, one that works for thousands of others in the same situation as you. To sell house by owner is not impossible it is quite simple , you can do it and successfully.
Good news. You won't have to drop your price to achieve a fast sale.
VALUE VERSES PRICE
To sell house buy owner in a buyers housing market is not about reducing the price. Please don't fall into this trap you can still get the best market value with a quick sale. The fact is lowering your asking price will usually do more harm than good. Realtors often use this ploy in an attempt to get a quick sale. A realtor doesn't care which house they sell or at what price so long as they sell one that week. But you have to SELL your home and for the best possible price. Apart from bargain hunters most purchasers 'want the house' and not usually because of price.
PROMOTIONS
One of the biggest errors people make when trying to sell house by owner is advertising the same way as everyone else (realtors). According to an article in USA Today there are up to seven million houses for sale at any one time - so naturally you have to make your house STAND OUT from the crowd. You then keep potential buyers focused on your house so they ignore others in your area. Don't continue wasting your precious money on promotions and advertisements that haven't got your realtor results.
To change the outcome you have to change the way you do it. Otherwise you will always get the same results.
INTERNET MARKETING
Marketing on the internet is great but it is not the only or best form of advertising. If you are not careful it can also be expensive. One specifically worded advert in your local newspaper will start your phone ringing. Follow this up with a free advertisement on a realtor website and the results will astonish you. The secret is in how you word your advertisements. With a bit of practice & research and you will soon be able to write an ad that can stimulate curiosity and compel a buyer to want to respond to you, even if you are a complete novice.
Don't know a thing about real estate? It doesn't matter. It makes no difference what back ground you come from to sell house by owner is not as daunting as it may first seem. You will need to do a little homework to find the right advice and publications that can assist you, but the time invested will get you results and potentially save you thousands of dollars in realtor fees.