Statistics show that at least 80% still go for the traditional route of selling their homes which is through real estate agents.  Because of the high rate of agent’s commission however, many are starting to look into other possibilities.  A lot of people are now considering selling their own homes on their own which is not exactly a bad idea especially with a little help from real estate agents who are willing to do some work at a greatly decreased rate of commission.

Let us first go through the steps which I will do if I were to sell my home:

1.  Clean the Home from Top to Bottom

This step is always the first one to do when considering the option of selling a home.  Owners will of course be interested in getting the best price for their property.  This is not possible unless owners are able to show their homes in the best light.  Nothing can cover up a dirty house.  A clean house has more appeal and is more welcoming of appreciation.

2.  Have the House Inspected by Professionals

Buyers will want to inspect a house for sale, so it would be proper to ensure that required repairs are done before the house is offered in the market.  Professionals can do the best in the aspect of inspecting the house for required repairs.  Homeowners are expected to act accordingly depending on the results of the inspection.

3.  Have the Property Appraised

Most homeowners will have their own idea of what constitutes as a suitable price for their properties.  It is highly possible though that homeowners are not basing their price on realistic assumptions.  An appraiser can quickly provide a realistic range of prices based on prevailing rates in general and value of homes in the neighbourhood in particular.

4.  Prepare to Market the Home

Marketing the home does not only mean putting up a “For Sale” sign.  It is doing everything that is needed to make known that the house is for sale.  The most important thing is to create awareness on all forms including the online environment.  Homeowners need to discover their property’s best points and focus in this.  Be prepared to show buyers your own home or at least have someone ready to do it for you.

5.  Be Prepared to Negotiate

Homeowners will need to be flexible enough to negotiate with prospective buyers and agents whose assistance they may need along the way.  It helps to be aware of possible financing options that can be suggested to serious buyers.  Some homeowners have also discovered the art of sweetening the deal which basically consists of putting add-ons such as furniture which a buyer may have shown particular interest in while viewing the house

About the Author

Roger is a marketing executive who is contemplating in selling his present house due to an impending job transfer.