Looking to sell your home without an agent? Yes, it is possible to sell a property privately. When you sell without an agent, you save on the commission to be paid which can be exorbitant. But is it easy to sell on your own?
Well! The answer to this is that selling a home on your own is quite an easy process but it requires your dedicated time and efforts. If you are willing to do it, it will be beneficial for you!
Benefits of selling a home privately:
• You do not have to share your profits with anyone
Since you are selling the property without hiring an agent you do not have to a commission which is a percentage of the total sales amount.
• You are in control of the sales process.
When an agent sells your property, he has the control over the process. On the other hand, when you sell your property privately, you have control over the entire sales process.
• You have the flexibility to arrange viewings as per your convenience.
• You can negotiate a price you deem right.
How to sell your property privately?
Clear up your home to remove any articles of personal nature.
Inspect your home for any faults or defects and correct them.
It is decorating your home to attract buyers. You could consider professional home-staging services. Home-staging not only attracts buyers but also helps your property fetch a better price.
Price your property
Accurate pricing of your property is important for selling it quickly. For this, you could research the prices of similar properties on the internet. You can also consider taking the services of a professional evaluator.
List your property
List your home on a reliable, high-visibility property portal. This will ensure that it reaches a large number of potential buyers. You could also consider multiple listing to enhance your reach. It also helps to promote your listing on social media channels to increase its exposure.
Connect with potential buyers
Potential property buyers will connect with you directly after viewing the listing.
Arrange visits for your potential buyers to view your property. You have the flexibility to arrange the viewings at mutually convenient timings.
You are the owner of the property and you can decide what price you want to sell it. You can negotiate the price directly with the buyer.
Close the deal
Close the deal with all the necessary documentation. You can consider hiring a legal expert to scrutinize the documents.
These are the basic steps for selling your property privately.