One of the most significant investments most people ever make is a house. When it comes time to sell, you may find yourself asking, “How can I sell my own home?”

Some people think that selling their home without a real estate agent will save them money. While this isn’t always the case, we can offer you some insight into the process of selling your own home.

πŸ€” What does a real estate agent do?

Essentially, a real estate agent performs the following tasks for a commission;

  • Lists properties on the Multiple Listing Service (MLS).
  • Facilitates home showings and hosts β€˜open house’ events.

woman at laptop on white desk

  • Markets home sales with flyers, advertisements, and a website.
  • Acts as an intermediary during negotiations and accompanies you to the closing.
It is important that you have good knowledge of these duties before embarking on your home sale.

πŸ’΅ Price Your Home Competitively

Ensure that you price your home competitively before placing it on the real estate market. Get an online home value estimation to get an idea of what your home is worth in today’s market.

Woman looking at tablet and holding phone

Since your goal is to sell your home, ensure that the asking price is realistic. Don’t fall into that trap of overpricing your property with the hope that it will bring in higher offers.

πŸ“± Contact RL Real Estate Group

You don't have to sell your home alone!
We can help market your home’s listing to reach as many potential buyers as possible. We’ll be with you from the start through the closing and beyond! ☎️ Call us at 605-212-8431. πŸ“± You can also text us!

Popular ways to market your house for sale include:

  • Place a For Sale sign in the yard.
  • Build a website for marketing.

mac notebook with Google on screen

  • Create brochures to hand out.
  • Advertise in newspapers and online.

It’s important to consider that some of these will cost money, and you should think about that in contrast to paying a real estate agent’s commission. In addition to paying money for these things, you’ll have to spend time on marketing.

πŸ›‹οΈ Prepare for Showings

Prepare your home for private showings and open houses by staging your home so that it appeals to a broad range of buyers. Hire a professional stager who can help make the most of your home’s space and high points.

staged kitchen with oranges on counter

Keep in mind that a real estate agent has plenty of experience knowing what appeals ot buyers in your area. By selling your own home, you may need to pay a stager for their professional skills and furniture items.

πŸšͺ Organize an Open House

You can market your home by holding an open house and inviting potential buyers to tour the home. Place some signs around the neighborhood and run an ad in the newspaper.

open house sign

Prepare light refreshments, have some brochures handy, and be ready to answer lots of questions. When you have a real estate agent, you don’t need to be present for such things and they handle all the questions.

πŸ’ͺ Highlight Home’s Strong Points

Your property’s selling points should be highlighted to potential buyers. The content of your ad copy for websites or brochures should include the price, location, number of bedrooms, lot size, number of bathrooms, and other specific details which may increase the interest of potential buyers.

🀝 Prepare for Negotiations

In real estate negotiations, a contract is submitted to the seller which they can either accept or revise before submitting to the buyer. This continues until bothΒ parties sign the final contract.

man and woman looking at contract

If you are unfamiliar with the contract, you can either submit it to an attorney for review or hire a real estate agent to assist you with this part for a flat fee. Since this is one of the most important steps in the home selling process, you want to be sure to know the legal side of contracts.

πŸ‘ Conclusion

Many people lack sufficient time and patience to sell their own home, but there is hope in following the tips above. Should you decide that you need a real estate agent, we would love to help you!
Get in touch with RL Real Estate Group today!

☎️ Call us at 605-212-8431.

πŸ“± You can also text us!

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Summary
How Can I Sell My Own Home?
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How Can I Sell My Own Home?
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Are you wondering, "How can I sell my own home?" Take a look at these helpful tips to help you during the home selling process.
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RL Real Estate Group
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