A Few Different Ways To Sell Your Home Yourself

Written by Posted On Monday, 27 January 2014 22:25

If you are looking to sell a house online, there are several ways that you can do it. Many real estate agents will argue that to list your house online privately is a big risk but that is simply not true and the argument (in most countries) that selling your house by yourself is illegal; is completely untrue. Hundreds of thousands of people worldwide decide to sell their properties privately and have done so successfully, have profited greatly and have avoided using an agent to represent them. The only reason why real estate agents will tell you NOT to sell a property yourself is because they have a vested interest and if you do happen to sell privately, they don't profit from the sale of your home; you do! So, what are some of the ways that you can sell a property online without using an agent?

1. List On Major Classifieds Websites Such As Gumtree Or Craigslist

These websites are used to list all kinds of items such as cars, boats, bikes and these days, even houses. They are usually free but there may be a fee to list your house, you will need to check with each individual classifieds site. Most will only charge if you choose to upgrade your listing to a featured listing and so forth. However, classified sites don’t really target anyone in particular; they advertise everything from household items to jobs. The chances that your property will be found this way are rather slim. It is true that you will get some exposure but it is not the most efficient and fast way to sell your house.

2. List Your Property With For Sale By Owner Sites Who Publish On Major Property Sites

Listing with For Sale By Owner websites is the most efficient way to find a buyer. It is also very fast and you earn a lot more from the sale than if you were to use an agent or realtor. These websites are so good at helping property sellers sell their houses online because they give maximum exposure by listing your property on the major real estate portals which normally provide access only to agents. These websites attract the largest proportion of traffic that is interested in buying real estate. 

Here are a few tips on creating a For Sale By Owner listing on these sites:

  • Write bullet points of all the things which you think will make your house attractive to buyers (Features and benefits) 
  • Get out a Word Document and expand the bullet points, describing each in detail. 
  • Take between 20 and 30 photographs of the items that were in your list.
  • Put aside some open for inspection times that suit you and that may suit potential buyers.

You now have all the information that you need to list. These sites typically offer their services in packages and it is rare to find a package that charges more than $1,000 to list. Once you select a package, you will be redirected to a page that asks for your contact details as well as payment. Once you have made payment, you will be asked to input the details of the home and to upload the photos. That is all you need to do to get your property listed. 

Enquiries will be directed to your inbox and you can arrange times with the respondents for inspections. Make sure that your house is ready for inspection by cleaning it and doing any necessary repairs. You conduct all of the negotiating and the closing of the deal yourself. If you are not very sure about your negotiating skills, you can ask a friend or family member to help you with it. Better yet, you can hire a real estate agent to help you nail down the best price, if worst comes to worst. They ask for a small fee to do this but it is nothing compared to how much they would charge you if they took over the entire process of selling your home.

3. Create A Dedicated Property Website Using A Free Website Builder 

It’s not very difficult to do and there are dozens of free website builders and dedicated real estate website builders out there to choose from. Get your copy in order using the process mentioned above and take pictures to display on your dedicated website. Load everything onto the website and make sure everything looks right and presents well.

Now comes the hard part…You have to direct traffic to the site. There are several ways of doing this. One of the free and easy ways of getting people to notice your property or your property website is to share it with your friends on Facebook and ask them to share it with their friends too. Another way is to create multiple listings on classified websites and place the link to your site within the descriptions or allocated spaces for property websites. This is a way that you can use strategy #1 and #3 to get the most amount of people to view your property.

All in all, if you are looking to sell your own home in order to save a few dollars, the best way to do this is by using For Sale By Owner websites. FSBO’s are becoming increasingly trusted around the world as the quickest, fastest, most efficient and most profitable way to sell your own home. Many property owners across the world have done it successfully and if you aren't afraid to spend a few dollars in the process (much less than what you would with an agent) you will have no problems generating interest and exposure for your property.

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