Selling A House Without a Realtor In Arizona
In Arizona, selling a house without a realtor can save you anywhere from 2.4% to 5.8% in commissions. While 33% of new home buyers use realtors when selling their homes, according to NAR, it is one of those things that not many people realize they can do themselves.
If you decide to sell your home on your own, do note that it is going to take a little bit of work. However, you’ll also be happy saving that 6% that you would have handed over to the realtor in the other case.
Continue reading to find out more about how to sell your house without the use of a realtor in Arizona.
Top Benefits of Selling Your Home FSBO (For Sale By Owner)
While putting your own home on the market might seem like an arduous task, there are plenty of benefits to doing so that you can hopefully use to keep yourself motivated throughout the process.
For starters, homes that are sold by their respective owners tend to sell faster than those on the market through a realtor.
Secondly, when you are in charge of the sale of your home, you have complete control over the open houses, the price, and the knowledge of your neighborhood and community that a real estate agent might not have. Plus, you aren’t dealing with tons of clients at one time, meaning you can focus on your house only.
Of course, as we mentioned in the beginning, you could end up saving up to 6% on commissions as well.
How To Sell Your Home Without A Realtor
Clean The Space
We’re not just talking about a quick tidy-up job. When we say clean, we mean declutter your rooms, finish any unfinished projects, repaint the walls, remove personal items, and fix anything that is broken.
Come Up With Your Asking Price
You want to make sure that the price you are asking for is fair. Hiring a realtor might be beneficial when it comes to picking a price, as they might have a better understanding of the market value and the surrounding neighborhood. Consider hiring them only for pricing and evaluation services.
List With Strong Details
Include as many details as you possibly can with your listing. Make sure to highlight the best features and be certain that your photos are clear and professional. You might want to consider hiring a professional photographer.
Advertise the Sale
In modern times, we have a wide variety of social media platforms and websites to list homes. Make sure that you are taking advantage of every classifieds website, realtor website, and social media platform that you can. You may even want to consider using MLS.
If you want to throw in some old-fashioned flair, host an open house!
Negotiate Your Offers
Don’t jump the gun on the first offer you get. You will need to be in direct contact with the buyer since you are selling the home yourself. If you’re new to the game, you may want to hire a lawyer for the contractual portion of the deal.
Expect there to be some back and forth until you reach an agreement from both parties.
FSBO – It’s Not As Crazy As It Seems
While selling a home without a realtor can present some challenges, it is not impossible by any means. By putting in a bit more work, you can keep more money in your pocket at the end of the day.
Make sure to check out the rest of our blog here at National Cash Offer for more helpful home selling tips.