How To Sell Your Own Home

How To Sell Your Own Home

How To Sell Your Own Home

Selling your own home can be just as quick and easy as using an agent. It does not take too much effort to sell your own home and by doing so, you will end up saving thousands of dollars.

Remember, you know every feature of your home and you can be the best and most convincing person to sell your home.

Knowing The Area Before You Sell Your Home

When you prepare to put up your for sale sign, you should already be well versed in the surrounding area. How much are other houses in the suburb selling for? What are the perks of living in your neighbourhood? Knowing the prices of the homes selling around yours will give you a fair estimate as to how much the market value of your home is.

To help sell your home, knowing details about the schools and the nearby facilities will be useful facts and selling points. These features, like shopping centres, medical facilities and public transportation can increase the overall appeal of your home to buyers.

Contacting An Independent Valuator

Next, you should get an independent evaluation of your home. If you over price your home and it stays on the for sale list for a long time, potential buyers may think that there is something wrong with the home since it is not selling. An independent evaluation will help to prevent you from selling your home for too high or too low and in turn could help with the speed of the sale also.

Creating The Contract For The Sale Of Your Home

You will have to bring in the professionals when it comes to delivering a legally binding contract. Contact a solicitor to draw up a contract for the private sale of your home. In certain states, you must have this contract ready before you even put the home on the market.

Make sure the contract includes points such as a settlement period timeframe, what is included and excluded in the sale and anything else that is relevant.

Building Inspections and Buyer's Packets

Next, you will need to contact a pest and building inspector to make sure that your home is up to par. After being inspected you will have a list of issues that you will need to resolve before putting your home on the market. These actions will prevent any delay in the selling of your home. You can include this information when you create an information pack for your home to give to buyers on inspection days. These packets assist greatly in buyers' final decisions.

Once your home is ready to put on the market, you can use various mediums to make sure that your home is advertised properly. The internet is always an excellent tool to get your home noticed. There are some fantastic websites now that provide you with all the information and tools you need for selling your own home.

You can also advertise the sale of your home in a newspaper and with the traditional for sale sign in your yard.

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