Generally, when a homeowner in Harahan, Louisiana sells his or her house, he or she does so with the help of a real estate agent. However, it doesn’t have to be this way. There is another option available: you can sell your house on your own.
Does the prospect of selling your home on your own intrigue you? Wondering how to sell a house by owner in Harahan? In this article we’re going to take you step by step on how to apply this process to your selling strategy so you have the best opportunity for success.
How to Sell a House by Owner in Harahan
Selling a house by owner in Harahan is generally much more complex than when utilizing the services of a real estate agent. This is because you’re essentially acting as your own real estate agent.
As such, you have a number of responsibilities that you wouldn’t otherwise have. These responsibilities include the following.
Come up with a Listing Price
First and foremost, you must come up with a listing price for your house. Failure to devise an adequate listing price can hinder the speed of your Harahan home sale, ultimately costing you money in the form of mortgage payments and marketing costs.
To get an accurate listing price for your home, you’re advised to utilize the services of a professional appraiser. He or she will assess the many aspects of your home, compare it against other homes in your area, and come up with a listing price that is neither too low nor too high.
If you don’t want to hire an appraiser, you could attempt to come up with a listing price yourself. Note, however, that this can be challenging and requires a good deal of research.
Advertise Everywhere
Once you’ve come up with a listing price for your home, you need to start advertising it. The more eyes you can get on your home, the more offers you’re bound to obtain, and the better offer you’re bound to receive.
Not only should you plop a for-sale sign in your yard, but you should also advertise your house on listing sites such as Zillow and Trulia. You should also consider sites such as Facebook and Craigslist.
When listing, make sure to include clean, detailed pictures as well as thorough and accurate descriptions. You want to make your home appear as beautiful as possible.
Clean up Your House
To prepare your home for showings, you want to make it as attractive as possible. This includes rearranging furniture, scrubbing down floors, walls, and ceilings, and keeping clutter to a minimum.
It might also include updating some appliances. For instance, if you have a 20-year-old oven range, you might consider installing a new one. Prospective buyers will be much more enamored with a brand new oven range than they would be with a slowly dying oven range.
When cleaning up, it’s imperative that you take care of the exterior of your home as well. In addition to scrubbing siding, patios, and roofing, it’s also a good idea to keep trees, bushes, and grass trimmed.
Assume the Position of a Real Estate Agent
As was noted above, when selling your home on your own, you basically have to become your own real estate agent. What this means is that you’re going to be busy.
Not only must you answer calls at all hours of the day, but you must also schedule showings, make big decisions about price changes, negotiate with potential buyers, attend the appraisal, and attend the inspection. You must also get in touch with necessary professionals, including lawyers, accountants, HVAC companies, contractors, and more.
Selling a home on your own is like a full-time job. This is why most sellers opt to utilize the services of real estate agents.
Ask for Funding Certification
The primary goal of selling your house is to make money. Unfortunately, there are plenty of unscrupulous individuals out there with no regard for other peoples’ finances.
For this reason, when considering a buyer, you must obtain some sort of funding certification. If the potential buyer is looking to pay with a mortgage, you must obtain a pre-approval letter. On the other hand, if the potential buyer is looking to pay out of pocket, you must obtain a bank statement.
Failure to obtain these documents can blow up in your face, halting the sale of your home and ultimately causing you to lose money.
Utilize the Services of a Real Estate Attorney
Real estate transactions are complex. They include a great deal of legal precedent and must be handled with care.
For this reason, it’s often a good idea for home sellers to hire real estate attorneys. In fact, in some states, you are required to hire a real estate attorney in order to sell your home. Note, however, that Louisiana is not one of these states.
Your attorney will look over important documents, direct you through the process of your sale, and ensure that you’re abiding by the law every step of the way.
Sell to a Real Estate Purchasing Group
If you want to sell your house as quickly as possible, you should consider selling to a real estate purchasing group. These groups buy real estate of all kinds, regardless of the home’s age, state, or location.
As far as selling real estate goes, this is the easiest way to do it. There’s no need for marketing, staging, or showcasing, and the group which buys your property will handle all of the financial matters.
In other words, if you want to make the selling process as simple as possible, you should sell to an investment group.
Looking to Sell Your Home Fast?
And there it is, that’s how to sell a house by owner. While selling a home on your own has its challenges, it can also be quite rewarding. If you’re intrigued by the prospect, it’s certainly worth a shot.
Looking to sell your home fast? If so, We buy houses in Harahan, LA you should consider selling to a real estate purchasing group like the ones discussed above.
Looking for a real estate purchasing group in the Harahan, Louisiana area? Compass Property Group, LLC is the company to call.
Contact us today to discuss your sale!