Sell Your House Without a Realtor  (3 Elements to Deal With)
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Sell Your House Without a Realtor (3 Elements to Deal With)

Today we’re talking about selling your house
without a realtor, and the three main elements that we need to deal with. So let’s get started. So it’s time to sell your house, and you’d
like to do so without a realtor. The tips in this video can provide a good
blueprint for you, and at the end of the video, you’ll be able to download a guide that I’ve
created that will help walk you through the process. Hi, I’m Mary Anglin with United Real Estate,
Los Angeles, your local San Gabriel Valley real estate expert. I publish new videos every Thursday, so be
sure to subscribe and hit the bell to be notified when my new videos are released. There are definite steps you’ll need to take
to get good exposure for your home among all the competition out there. There are some things you’ll need to do once
you’ve got people responding to your marketing, and especially once you go under contract. And there are things you’ll need to be on
the lookout for and guard against. So I’ll briefly touch on these three elements
in this video. But first, take a second to comment below
and let me know what inspired you to take on this task of for sale by owner. Before you go live, make sure your home is
well-prepared. Use a critical eye to view everything and
fix anything that needs it. Clean, clean, clean. Super important is your curb appeal. If that’s lacking, it will be really hard
to get people in the door to look at the house. Watch a bit of HGTV to get ideas about staging
and what’s currently trending. Really essential is a professional photographer. It will cost you a few hundred dollars, but
I can’t stress enough how critical this is for all of your marketing. Before you go live, you’ll need to make sure
that you have all the required documents on hand. It’s safest to hire a real estate attorney
to make sure that nothing gets overlooked, but if you choose to do it yourself, California
requires these forms. First, you’ll need the California Residential
Purchase and Sale Agreement, a Transfer Disclosure Statement, a Natural Hazard Disclosure Statement,
a Lead-based Paint Disclosure, and also a Megan’s Law Disclosure. You should be able to find these forms online
or you can get them from an attorney. You’ll also need to order a title report from
a title company or from the county recorder’s office. An attorney can clarify any additional forms
that you might need. You’ll also want to familiarize yourself with
the buyer’s contingency periods and requirements. These will normally be in the areas regarding
loan, appraisal, and a physical inspection. If something isn’t satisfied within the contingency
period, the buyer has the right to cancel the contract. Something you might want to consider to do
is getting a home inspection done by a certified inspector before you put your home on the
market, so that you can fix any issues ahead of time that could otherwise cause a stumbling
block in your negotiations. Again, this is probably going to cost around
$400 or so. In order to determine the correct price, find
three to six comparable properties within about a half a mile of your home that sold
within the last six months. They should be similar in size, amenities,
and condition. Calculate your price based upon what they
sold for, accounting for any differences, again in condition, size, or amenities. You can look, and you should, at homes that
are currently on the market to get an idea of what your competition is, but you can’t
actually use their listed prices in your price calculation. A point to note, is that the longer a home
sits on the market, the less interest it garnishes. The theory of overpricing your home to leave
room for negotiations no longer works. So be really careful here. You might want to get a professional appraisal
done ahead of time to make sure that you’re in line with what the market will bear. Now, what to look out for. Realtors who tell you that they have a buyer,
and they want to come by and see your house. Most of them are actually just trying to get
a foot in the door so that they can get you to hire them. You might ask them to actually send you a
copy of the pre-approval from their buyer’s lender. Watch out for wholesalers and investors. You’ll always get low-balled, because they’re
looking to get the best deal possible for themselves. Also watch out for seller financing requests. These buyers are not usually financially qualified
and are not able to get a loan from a lender. Be wary of anyone who is unwilling or unable
to give you a deposit. Open houses can be dangerous. If you really want to do one, see if you can
find a lender or a realtor who will manage one for you. But if you do that, make sure that you both
understand what each of you expects before you get started. If you receive an offer, before you accept
it, have it reviewed by your attorney to make sure that it’s all on the up and up. A point that you’ll want to think about is
if you’re willing to work with a realtor who brings a buyer. You’ll likely need to pay 2.5% to 3.0% commission
to that realtor. Just be aware that that realtor is representing
the buyer’s best interests, not yours. That’s it in a nutshell. So don’t forget to click on the link in the
description box to access my free report, Home Seller Tips When Doing It On Your Own. Take a look through my channel to get more
tips and tricks on selling your home. If you’re in the San Gabriel Valley or the
Inland Empire, I’m right here in West Covina. Just give me a buzz if I can help you in any
way. If this video was helpful to you, remember
to hit the like button and share it with someone else who could benefit, and I’ll see you on
the next video.


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