What you’re about to read is the how-to guide for selling your house without a realtor. I am going to step back and talk all of this through in detail so that when we get done, it will make sense why someone would not want an agent and what they should do instead!

The following post will go over the six steps on how to sell a house, from pricing it correctly to finding potential buyers and the required paperwork once the sale has been finalized. 

But before we get into the nitty-gritty of how to sell your house without a realtor, I think it’s important to talk about some of the benefits of doing so because there are a lot of benefits to selling your house without a realtor.

The Benefits of Selling Your House Without a Realtor

Save money

Number one, you’re going to have a lot more cash in your pocket. You won’t need to pay those six percent realtor commissions, and it will save you from wasting any of the high-commission rates that agents charge!

A very straightforward process

Number two, it’s a very straightforward process. There are a lot of steps involved, but if you walk through them little by little, it’s not as daunting as it sounds. It’s very simple and easy to do on your own. 

Control over the process

Number three, you have more control over the process. You’re in charge of setting the price, you’re in charge of finding buyers, and you’re in charge of negotiating the sale.

Control over the outcome

This leads me to number four, you have more control over the outcome. Because you’re negotiating directly with the buyers, you can get a better price for your house. You’re not relying on a realtor to do that for you.

Fast process

And number five, it’s a speedy process. You can typically sell your house in 30 days or less by doing it yourself versus the typical three to six months it takes to sell a house with a realtor.

Now, one thing you want to keep in mind is that you’re not going to get the same price for your house if you sell it yourself as you would if you sold it through a realtor. 

But, there are plenty of benefits to selling without an agent, so, hopefully, these have helped tip things in favor of this option!

But now, let’s get into the nitty-gritty of how to actually do it.

Here are the 6 steps to sell a house:

STEP # 1: Price Your House Correctly

To sell a house the first step is to determine your asking price. You want to do this before you even list your house. Because once you list your house, it’s locked in at that price. You can’t go back.

So you want to make sure that you’re pricing your house correctly from the get-go. To determine your asking price, you want to look at similar houses in your area that have recently sold. What I mean by “similar” is they should be the same size, type, and age as yours! 

Do some research before pricing yourself accurately by requesting CMAs from one or more real estate agents depending on where you’re located. You can also use online resources such as Zillow & Craigslist.

Once you have an idea of what your house is worth, you want to price it a little bit below that. This will entice buyers and make your house more attractive. 

STEP # 2: Get Organized

To sell a house you have to get yourself organized and be prepared for the buyer. Along with getting your paperwork in order, you need to make sure that all legal documents are ready for when the time comes. This includes having a copy of the title or mortgage statement at hand to be presented quickly!

STEP # 3: Market Your House

Now that you have your asking price, the next step is to start marketing your house. And there are a lot of different ways to do this.

The first way is to list your house on websites like Zillow or Trulia. This will give potential buyers a good idea of what your house is all about. The second way is to put up flyers in your neighborhood and distribute them to local businesses. 

The third way is to post an ad in the local newspaper or online. And the fourth way is to contact real estate agents and see if they have any buyers interested in your house.

STEP # 4: Set Up an Open House

Once you’ve started marketing your house, you want to start getting people in to see it. The best way to get in touch with potential buyers is by setting up an open house. 

Potential clients can come to view your property without being guided through the process by someone else, which will save them money and time!

STEP# 5: Negotiate Directly with the Buyer

Once you’ve found buyers, it’s time to start negotiating the sale. This is where having control over the process comes in handy. You can negotiate directly with the buyer to get the best price possible for your house.

By negotiating directly with the buyer, you have more control over your house’s sale price, which can be especially advantageous if you are in a hurry to sell. 

STEP # 6: Finalize the Sale

And finally, once the sale is final, it is important to make sure all of the paperwork is in order and that both parties are in agreement. 

You will have successfully sold your home when all title-related tasks are completed.

This includes transferring ownership to the new owner and collecting any money owed from a sale price at closing time.

So those are the steps on how to sell a house without a realtor. 

You can do this! You’ll need to put in some work, but we promise it will be worth all of your time and effort if you follow these steps.

Conclusion

Selling a house without a realtor is possible, but it takes some work. 

There are many online resources to help you sell your house independently. It is important to price your house correctly and be prepared for offers.

Preparing your house for sale can make or break the deal.

Closing the sale of your home can be made with or without a realtor. 

The key to success when selling a house without a realtor is due diligence and organization.

Related Articles:

How to Hire a Property Manager: 6 Tips on How to Hire the Right One

Similar Posts