6 Steps to Sell Your House without a Realtor

Interested in selling your house yourself to avoid that 6-percent commission to a real-estate agent? The thought of keeping that money in your pocket might motivate you to list your home yourself instead of going through a real estate agent. But, before you make the leap, keep in mind that the process is far from easy.

Six tips to keep in mind when selling a house without a real estate agent:

  1. Set a realistic price

    Before you list your house, you’ll want to make sure you’ve priced your home competitively. Use the internet to gauge selling prices for comparable homes in your neighborhood, then price your house accordingly. It’s a common mistake for sellers to list their homes too high. If you’re struggling to decide on a list price, you could hire an appraiser to give you an estimate.

  2. Give a detailed description of your home

    When you list your home, include photos of the exterior and interior. You could even consider hiring a professional so that your photos are as appealing as possible. Your listing should include all the basics:

    • Price
    • Location
    • Age of the home
    • Number of rooms, bedrooms and bathrooms
    • You’ll also want to highlight any improvements you’ve made to the home, like a new roof, updated floors or a water heater.
  3. Advertise

    Simply sticking a “For Sale” sign in the yard won’t do. According to the National Association of Realtors, 44 percent of home buyers looked for properties online first. It’s more important than ever before to get the word out on various online sites, like FSBO.com, Zillow.com, Trulia.com and others. 

  4. Prepare to show your house

    Get started on the deep cleaning! Your house will need to be spotless for showings and open house events. Scrub the kitchen counters, the appliances, shampoo your carpets and clean the floors. Also, do your best to declutter your house by stashing keepsakes and other valuables away. Check out our Spring Cleaning List for tips! If you have a lot of clutter, you might want to consider holding a garage sale before listing your house on the market. Click here for eight tips on how to have a successful garage sale. 

  5. Hold an open house

    With all the work you’ve put into cleaning your house, you might want to consider an open house to get as many interested buyers through as possible at one time. You’ll need to advertise for your open house on the internet and by posting signs in your neighborhood. Be sure to have some light refreshments and brochures about your home. 

  6. Be patient!

    Perhaps the hardest part! Don’t be disappointed if there are no offers after the first open house. Revisit your asking price, keep updating your marketing materials and make sure your home is widely listed.

Selling your home by yourself might not be for you. It can, undoubtedly, take a lot of time and patience to deal with the process. But, for some, the potential savings might be worth the time and effort. Whatever the case, be sure to keep your Farm Bureau agent in the loop so they can help you protect one of your biggest investments, and help ensure you’re covered.