| With a robust real estate market, selling a house | | | | 4. Post flyers or ads in your local property listings |
| isn't particularly difficult. Here's a primer on how to | | | | magazines. |
| sell your own house. | | | | 5. Put a sign on your lawn indicating you are selling. |
| How To Sell Your Own House | | | | 6. On the sign post, put a box with flyers |
| First and foremost, you need to educate yourself | | | | describing your home and the asking price. |
| on how real estate transactions happen. There | | | | 7. Hold open houses for buyers to view your |
| are online guides and plenty of books on the | | | | house. |
| subject at your local bookstore. When you | | | | 8. Clean your house before all open houses. Add |
| decided to sell your own house, you are | | | | fragrant flowers to rooms, mow the lawn and so |
| considered a FSBO seller [for sale by owner]. This | | | | on. |
| FSBO market is growing like mad, which means | | | | 9. Get rid of your junk through a garage sale and |
| you can find form contracts and agreements | | | | the trash. This includes cleaning out the garage |
| ready made for your particular state. | | | | and basement. Everything should be pristine. |
| A second thing to realize is real estate laws are | | | | 10. Create a documented record of all the |
| generally governed by states, not the federal | | | | improvements you've made to the home to |
| government. This means the particulars of real | | | | show potential buyers. |
| estate transactions in your state may be | | | | 11. Become conversant in the offer, counteroffer |
| different from those in another state. You should | | | | process. |
| look for references related to your state, not | | | | 12. Develop a clear understanding of what |
| nation wide advice. Nonetheless, here are a few | | | | happens during closing and make sure you'll be |
| universal pointers. | | | | able to take care of your part. |
| 1. Determine the price of comparable homes in | | | | 13. Figure out what you plan to do when you sell |
| your neighborhood. This is going to give you a | | | | the house, to wit, are you going to buy another |
| very good idea of what you can ask for your | | | | house and when will you move? |
| house when you put it on the market. | | | | While these guidelines will take you a long way, it |
| 2. Objectively look at your home and make a list | | | | is important you understand the specific laws of |
| of things that need to be fixed. Selling a house | | | | your state. Once you have those down, the |
| often comes down to the details. Buyers are | | | | process typically goes fairly smoothly. Considering |
| making a big investment, so they are going to be | | | | you'll save thousands or tens of thousands of |
| very picky about little things. | | | | dollars in real estate commissions, any bumps in |
| 3. List your house online with photographs at a | | | | the road will be more than worth it. |
| site like FsboAmerica.org. | | | | |