How To Sell Your Own House

By: Britt Phillips
Submitted: 2007-01-17 16:16:36
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There are so many rewards to selling your own house. You can very easily save $4,000., $8000., or even $14,000. or more simply by not having to pay a commission to a realtor. Sadly only about 20% of home owners feel up to the challenge of selling their own houses. Realtors will tell you this is because of a lack of knowledge or expertise. The sobering reality is that realtors want you to stay dumb and not to learn how you can very easily sell your own home. They know it certainly is something home owners can do and they do not want you to be educated about how to sell your own home.

Some of the advantages when you set out to sell your own home are as follows:

No brokerage fees to be paid. You get to keep all the proceeds. This is a huge incentive and benefit to sell your own house.

You are the head honcho in charge of the transaction. You so not have to bow down to a realtor while he or she dictates to you the terms of the sale. It's a great feeling to know you are in charge and you get to call the shots when you sell your own house.

You are able to show your home more frequently and at a time when you are most comfortable and ready to show it. Realtors love to schedule the showing of your home when they feel like it based on their convenience not yours. They tell you to be available all the time and yet still dictate to you when they will show your house to a potential buyer. When you sell your own house, you get to decide when you would rather show your house instead of having a realtor dictate your schedule and availability.

No one is going to work harder for you than you will work for yourself. And especially given the fact that when you sell your own house, you are keeping 100% of the fee and not handing it over to a realtor.

There are what some would call a few disadvantage to selling your own house. However if you take your time, do your home work, and take it a simple step at a time, you should realize that just like most things in life, selling your own house is not rocket science. You can sell your own house much easier than you might think. Let's look at some of the more common things a realtor might try and convince you are obstacles when you want to sell your own house. You have to do it on your own. A realtor will try and convince you this means you are alone and that you have very little chance of finding a qualified buyer. The reality is this is simply not true. Everyday there are countless people looking to buy a home either to live in, to sell, or to rent to tenants. Most would rather deal directly with the seller because usually it means a much better deal for everyone involved can be reached.

You of course have to cover your own advertising costs but still in the long run it will mean far less money out of your pocket when you include the huge fee any realtor is going to charge you for doing what you can certainly do for yourself. You can find several places on-line to list your home and spread the word about your available property. And since more and more people are relocating and using the Internet to search for houses to buy, this makes for a perfect match.

Realtors will convince you that the all mighty MLS - Multiple Listing Service is something only they have access to. The truth is you have access to it too. You might try several other methods of listing your property and then if you don't get any interest or offers within a reasonable amount of time, then put a listing in MLS.

Realtors will tell you it's easy to under price or over price your property without them. And while it is true to do either, the fact is you don't need a realtor to figure out what other comparable homes in your area are worth and what each has sold for. You can check with local agencies and do a simple public record search to quickly find this information.

Realtors will try and convince you that they will be able to get more money for your property. I guess so since they are working on a percentage of the total sales price. The reality is that once you take them out of the equation, you are still able to walk away with much more money then you most likely would have using them.

Remember, they get the full commission even if your house sales in the first hour it goes on the market or even less. This can work in your favor just as it can in theres and you don't need them for it to favor you.

Realtors will tell you every moment of your time is going to be eaten away trying to sell your home. This is not likely if you take some simple steps to spread the word and keep your lines of communication open.

Realtors will have you think your common sense isn't working if you sell your own house. It's true. Realtors will try to convince you that since it is your house and you have an emotional connection to it that you will somehow lose all common sense when it comes to any negotiation with a buyer. Do you think you will become ignorant simply because you are selling your own house?

To be the most successful when selling your own house, you have to be active in the sale or in others words, know what is going on with the sale of your home. Below you will find some very helpful tips when you set out to sell your own house. These tips have helped countless home owners say goodbye forever to a realtor and discover once and for all how to sell your own house.

Here are some helpful tips to sell your own house... Don't short cut on preparing your house to sell. Do your research. Click the banner at the top of this page for detailed information about how to sell your own house the smart and simple way.

Be aware of any legal disclosure issues in your local area. This will ensure you are fully protected from all buyers. Things like paperwork and other items should be carefully researched. Again this is not rocket science. You can easily get the information you need to be in compliance with your local area.

Discover how to make your house stand out. There are even a few great shows on TV that specialize in showing the viewer the absolute best methods of getting a house ready to sell and how to command the highest asking price and get it! Check your local listings for show times and channel.

Be careful not to discriminate. It's illegal and can get you in to hot water. Use your common sense on this one and consider all potential buyers based on one thing... if they are qualified and can afford to purchase your house!

Good luck, now go out there and sell your own house!

Britt Phillips reveals how to sell your own house and provides excellent tips, strategies, and resources from his http://sell-your-own-house.blogspot.com blog. Why pay a broker when you can save the money and still sell your own house? Visit Britt's blog immediately at http://sell-your-own-house.blogspot.com

How To Sell Your Own House

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