4 Tips to Sell a home, Without a Real Estate Agent

Do we really need to use a Real Estate Agent? It is the first question that every seller or buyer should ask themselves before calling the service of a Real Estate Agent. In fact there is no law anywhere in the world which stops an individual from buying or selling a house without the help of a real estate agents.

After the first question, if the person decides to go himself then this is the right place. There are some tips which can be handy during the sale or purchase of the house by yourself. Following are the tips for someone who will prefer to go himself rather than taking the help of Real Estate Agent to sell his house:

1) Prepare The House:
Before doing anything, make sure that the house is in good shape to show. That means making sure it is clean, de-cluttered, odor-free, brightly lit and freshly painted. Curb appeal is also important. Show the house in full light(day light) as generally people like bright houses.

2. Price it correctly:
Second and the most important step is pricing your house correctly as If you price it high then also you wont get any buyer and if you price it less then everything will go in vain. The biggest mistake for sale by owners make is pricing their home too high.

Use listing Web sites to get a starting idea of what a house is worth. A look at a listings site, will reveal what sellers are asking for in the neighborhood. Free comparative market analysis before setting an asking price through 2 or 3 real estate agents will give you a rough estimate.

Go to neighborhood open houses to see what other homes are selling for. If the home is unique and difficult to compare to others, consider having it appraised. Up-to-date information on what is happening in the marketplace and the price, financing, terms and condition of competing properties.

3. Market it Correctly:
The Internet can be a big help in marketing a property. Listing sites will allow a seller to post a listing to gain Internet exposure.

Other online options include community marketplaces such as portals like Yahoo. When placing a newspaper ad, also make sure to ask if it will be posted online for free.

But don't underestimate the power of a sign. Directional signs can call attention to a home from nearby roadways, and signs in front of the home should have an information tube or box filled with informational flyers. Just make sure you're clear on area sign laws.

4. Get the papers Ready before selling:
Decide early on whose services to use for the paperwork. That means either finding a title company or a real estate attorney to assist in completing the sale. Your backend should be up to date with all the paperwork.