Tips on Selling Your Own Home:

When home sellers express their intent to sell on their own, I give them the pros and cons and leave the final decision upto them, since I respect their opinion.

The real estate fees charged by a realtor are sometimes considered a considerable sum of money. And without knowing the detailed ramifications of selling on one’s own, you’ll agree it is tempting to try to save those fees by selling your property yourself. So, if you do decide to market your own property, I invite you to consider the 22 tips that you can use in order to save the real estate commission:

Tip 1.           Carry out a detailed inspection of your property – both inside and outside (curb appeal). Write down all the items that need repair or improvement. (Details provided separately, if required)

Tip 2.           Arrange to carry out the necessary repairs and improvements in advance of advertising your property.

Tip 3.           Conduct a thorough research on the prices, terms and conditions of similar properties in the area.

Tip 4.           Arrange to meet with various mortgage lenders to find out if you can offer financing alternatives to your prospective buyers who may have “challenges” with getting mortgage pre-approved.

Tip 5.           Decide on the costs and options that various media offer i.e. Internet, newspapers, etc. to ensure your property would get the maximum exposure for a limited budget.

Tip 6.           Research and set up an advertising budget. Be prepared to increase your budget in the event your property does not soon enough.

Tip 7.           Design an attractive media campaign that will draw the right buyers to your property. Make arrangements to publish your ads as well as upload unlimited pictures of your property on the Internet.

Tip 8.           Make provision to attract buyers from out of your area, as well people relocating since they command a sizable share of home buyers.