Selling your house is something you’ll have to do maybe just a few times in your life. And unless you know a local Weatherford & surrounding area real estate agent who will sell your house for free or at a hugely discounted commission… it can be a real pain in the rear and an expensive one as well.
So… you landed on this page about “How to sell your house by yourself in Weatherford & surrounding area TX” because of a few reasons I’m guessing…
- You have no or very little equity in your house so you can’t afford to pay a real estate agent’s commission.
- You have equity, but want to try to save money by selling the house yourself before you consider hiring an agent.
- You’re in foreclosure (or heading that way) and just need to sell fast without incurring thousands in agent commissions.
Whichever one applies…there are ways to sell your house by yourself here in the local real estate market.
Since 2013, the housing sector has been experiencing a major recovery. Selling your house at this time will definitely be profitable if you do it right. In most cases, it is about using smart marketing strategies and being realistic about your expectations on what you want to achieve with this sale.
This article will provide some guidelines to help you sell your house yourself.
How To Sell Your House By Yourself In Weatherford & surrounding area TX – Let’s Dive In
Know the Weatherford & surrounding area Real Estate Market Well
The first and most important step is doing a market research on your neighborhood. This step involves visiting various home marketing sites (Zillow, Eppraisal the Chase home value estimator, etc.), calling a real estate agent or two to see what your home is worth, or reading about the various market pricing techniques. Proper homework on these issues will allow you to come up with the right price for your house and also helps you to avoid making certain selling mistakes.
If you don’t want to hassle with trying to come up with a home value yourself._give us a call at 682-333-0091, and we’ll give you an honest fair valuation of what your house is worth on the retail market. And if you want to…we’ll make you a fair offer on your house to give you that option of selling quickly.
Assess the Market
This step is almost similar to conducting market research only in this case, you are bound to your neighborhood and similar houses. Are there lots of houses for sale in your neighborhood? If so, what is the average price they are listing for? Are there lots of foreclosures in your neighborhood? That may drag your house price down.
Assess the House
As a seller, your house should be in top condition in order to sell at a good price. Identify certain unique characteristics about it and emphasize them during marketing. For example, a house with garage parking may be more attractive to buyers compared with one with only a carport.
Also, does your house require repairs? Does it need to be repainted inside or out? How is the condition of the roof? Is the landscaping in good shape? Is the house outdated at all (you know, those popcorn ceilings ;-)? All of these things can make the house more attractive or less attractive depending on the buyer…which changes the price they would be willing to pay.
After all of this…come up with an asking price for your home that is fair…isn’t so high it’ll take you 12 months to sell the house, but is attractive so you get a frenzy of buyers who are ready to buy it quickly.
Use Photos or Videos
Buyers are obsessed with media. Taking walk-through videos of the house and using the videos to advertise will enable you to reach a wider market. In fact, these videos are considered more transparent than taking photos. However, this should not stop you from using the latter option since it is more affordable compared to the video.
So take some great pictures. Take a picture of every room in the house that helps show it off. Take a picture of the house from the outside from a few different angles…people want to see the house before ever driving up. So, having great pictures of your house online could be the difference between getting the right buyer quickly…or waiting months to sell.
Get Your House “Listed” on the Local MLS and Market It
You can find low or no fee (fee is different than commission) real estate brokers these days who will charge you a few hundred dollars to put your house on the local For Sale by Owner MLS. This gets your house in front of all the real estate agents quickly (so be prepared to pay those “buyers” agents a 2-3% buyers broker fee if you plan to have their support in helping you find a buyer).
Place ads in the local newspaper, signs on the roads (check local laws first), and hold an open house.
All Of This Sound Like A Lot Of Work To Sell Your House Fast Yourself?
It can be.
And in the end, many house sellers think they’re saving money and time by marketing the house themselves when in the end it can cost them more money (and hassle) to go that route.
When you sell your own house, here are some things you need to consider…
- If you’re not a good marketer or aren’t ready to spend a bunch of time marketing your house right…selling it yourself may not be your best bet.
- If you don’t do a good job preparing the house and the marketing materials…and working with buyers to really build the value of your house in their minds…you may actually sell the house for 3-8% less than an experienced person marketing the house for you.
- Too many sellers never think about holding costs or opportunity costs…every month that your house doesn’t sell means another mortgage payment, tax payment, insurance payment, utilities, etc. So, if you were able to sell that house more quickly…would it make sense for you to provide a buyer a discounted price today so you could close quickly and move on? Something to think about.
If you’d rather not deal with the hassle of trying to sell your house yourself…and would rather just sell it quickly for a fair price without paying any commissions or fees…
… here at Peg and Rosa Buy Houses we actually buy local Weatherford & surrounding area TX houses.
We’d love to make you a fair, NO OBLIGATION and NO HASSLE offer on your house.
We can close quickly which would save you thousands of dollars vs. trying to sell the house yourself and perhaps waiting for months.
Also, when we buy local houses, you do not need to make any repairs (we buy As-Is), so you don’t have to worry about that.
If you want to see what we can pay for your house, just fill out the quick simple form through the link below.