We are all familiar with those bright red yard signs. The ones that boldly read, “FOR SALE BY OWNER!” Selling a house by owner is exactly what it sounds like: selling your house without a real estate agent. A popular reason to sell your house on your own is to avoid paying commission for the agent. This can be as high as 6 percent of the home’s sale price. Without the involvement of a realtor, there are no extra fees and therefore, more profit for you.
FSBO has seen a sharp increase in popularity since the ease-of-access to online listing services. A greater share of profit doesn’t come without its share of legwork, however. There is a large amount of work that comes along with selling your house by yourself. The hassle involved with selling by owner can take a toll financially and mentally.
Those who want to sell their home by owner should consider whether or not they will be able to physically show their property. You should also be aware of the worth of your home and be cautious of not receiving a bad deal. If you do research on your home, as well as the surrounding neighborhood, you should become comfortable enough with the numbers to set a desired price and stick by it.
Once you’re able to commit to a fair market price, list and promote your home for that amount. For example, i your home would normally list for $450,000 with a realtor, consider lowering your asking price by 3 percent to equal $436,500. However, if you’re keen to sell, reducing the price by 4 percent to sell for $432,000, offers an appealing discount while still letting you come out ahead.
When trying to learn how to sell your house by owner, the numbers can be intimidating. While you don’t have to worry about your profit suffering from a realtor’s fee, you will do all the hard work yourself. Also remember, your home needs curb appeal to sell. This means repairs, updates, or renovations need to be completed beforehand, which could cost you time and money.
Luckily, with HomeGo, you can sidestep all the hard work that comes along with selling your house by yourself, and still make the same amount of profit.
HomeGo works hard to help homeowners who don’t want to deal with the cost of selling their home through a realtor or just want an easy way to sell their home hassle-free. Instead of wasting time and money with a traditional sale or the stress of listing your house FSBO, HomeGo is set to benefit you the most.
We will buy your house through a process that is easy and fast. As opposed to traditional real estate agents, HomeGo doesn’t require you to pay for repairs or renovations before you sell. HomeGo will buy your house as-is— even with extensive damage. You don’t have to spend extra time or hard-earned cash on repairs and improvements. HomeGo will give you the highest amount of money for your home no matter what. The sale will close in as little as even day and you can walk away with your cash.
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