Tips for Selling Your Home For Sale By Owner

Tips for Selling Your Home For Sale By OwnerSo, you have decided to move and need to sell your home. You can either sell it with the help of a realtor or do it yourself. Selling a home yourself — “for sale by owner” — is a great option for those who want to save some money because they won’t have to pay a realtor’s commission. However, it is also challenging and may be much more complicated than you think. This does not mean though that the task is impossible. You can definitely do it if you are well equipped with proper information. Here is a list of tips that should help you in selling a property for sale by owner:

Check Similar Homes in Your Area and Evaluate the Current Real Estate Market

The first step you need to take is find comparable homes in your neighborhood in order to understand the current condition of the local real estate market. You can always hire an experienced real estate agent, who will do a comparative market analysis and provide you with estimated home value.

Do Not Overprice

When you know the average price of the houses in your neighborhood, try not to overprice your property. Overpricing is one of the most common mistakes people trying to sell a home make. If the price is too high, your home can sit on the market for a long period of time. Experts recommend coming up with a competitive price that is slightly lower than the competition.

Keep Your Property Clean

You should have your flower beds weeded, the lawn mowed, and the house made spotless. Your home should be well organized so buyers can see how much space the home has. And don’t forget about curb appeal because it is what encourages buyers to exit the car and see the house.

Take High-quality Photos

Photos are an absolute must because the vast majority of potential buyers look for homes online. If you do not know how to take beautiful photos or do not have a professional camera, you can always hire a photographer to do it for you.

Be Flexible With Open Houses and Showings

Sometimes buyers may request a showing without much prior notice. You’ll need to be flexible in order to meet the needs of a possible buyer. However, before letting people in your house, make sure you depersonalize your home by removing all your personal belongings, including photos. This is important to do so potential buyers do not get distracted and can easily imagine themselves living in this home.

Make Sure You Know Your Home’s Selling Points

Each property has something unique and valuable. If you want to sell your home fast and for top dollar, you should think about what makes your home stand out. Try to answer the following questions:

  • Why did I buy this house?
  • What do other people like about my house?
  • What makes my home special, interesting, and unique?

Use Social Media

Social media is a powerful marketing tool that you can use for advertising your property. Share your property with friends and ask them to share as well. You can have lots of eyes on your property with just a few clicks.

Sell Your Home Fast With Purple Mountain Holdings

If you own a property in Colorado Springs and you want to sell it fast without the help of a realtor, you can do it yourself and put your house up For Sale by Owner, or you can use another popular method: selling to a home investment company. Purple Mountain Holdings is a great example of this type of company. We purchase all types of houses in any location and condition. You do not have to worry about repairs and cleaning. We buy homes as-is and pay you cash. If you have any questions or want to start the sale process, do not hesitate to contact us online or call us at (719) 476-2727.