Homeowners may choose to sell their homes without enlisting the assistance of a real estate agent. Let’s take a closer look at how to sell a house without a real estate agent.

🕵️‍♀️ Research the Market

Before you can set the correct asking price on your home, you’ll need to research the local real estate market. Start by making a list of the sale prices of recently sold homes in your neighborhood that are similar to your property.

houses in a suburban neighborhood

Get a free home valuation report to find out how much your home is worth. Keep in mind that this report does not take things into account like upgrades you’ve made, recently sold homes, and current market trends. To get a more comprehensive report, you’ll want to consult with a real estate agent.

💵 Determine the Sale Price

Setting the asking price correctly from the beginning is essential for a successful sale. Once you’ve done the proper research and determined the property’s value, you can choose a price that makes sense for the location.

To avoid a delay in the sale of your home, you don’t want to set the price too high. Asking too much for your property can be a turn-off for potential buyers and leave your home sitting on the market for an extended period. If this happens, you may be forced to take the home off the market and wait to list it again after several months.

Setting the asking price too low can be just as bad as setting it too high. A low price may bring in a buyer but it could cause you to lose a great deal of money on your investment.

👉 RL Real Estate

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. 📱 You can also text us!

📰 Market the Home

Sellers can advertise their homes as for sale by owner (FSBO). Such advertisements can be placed in local newspapers, magazines, and real estate websites. Signs can also be strategically placed in the front yard and neighboring street corners.

red house shape with word sale in middle in white letters

In addition, sellers can create flyers with details about the home and attractive pictures of the interior. These flyers can be given to friends and family members. Home advertisements can also be posted on area bulletin boards at the local city hall, courthouse, and anywhere else that businesses will allow.

💲 Negotiate Price with Buyer

It’s important to have a clear idea of the lowest price they will accept as they move forward with the home selling process. Having this price firmly in mind will help you stay focused in the event that you receive offers that don’t align with your goals. Since you won’t be working with a real estate agent, you’ll need to do all negotiations without additional support.

🏘️ Selling the Home

After the offer is accepted, an appraisal and necessary inspections will be scheduled by the lender. If issues arise after the appraisal or inspections, you may need to revisit the neotiations table to work through the problems and find solutions that work for both parties.

For sale sign with sold sticker

Once the final offer is accepted and paperwork is complete, you’ll want to set up the closing day and proceed with the legal requirements for selling the home. Again, without the assitance of a real estate agent, you’ll want to make sure you understand the legal aspects clearly. You may want to speak with an attorney while you’re learning how to sell a house without a real estate agent.

How to Sell a House Without a Real Estate Agent
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How to Sell a House Without a Real Estate Agent
There are times when a homeowner may want to choose a for sale by owner option. Let's take a closer look at how to sell a house without a real estate agent.
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RL Real Estate
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