There's more to selling your home on your own than simply sticking a For Sale sign in the yard and running a few ads. It's important to remember that estate agents have a lot of specialized training, not only in sales but in the legalities of property transfer, specifically to protect both buyer and seller in the closing process. You would probably be shocked to discover how many things can go wrong in the closing process, things that a good real estate agent can avoid or help straighten out if necessary.
When you're selling a home on your own you'll quickly discover that it takes up quite a bit of your time. If you think of it as a second job that will help you allocate the time needed to market and show your home, as well as follow along during the closing process. Your road to receiving a check at the closing table may be long and filled with adventure. I say that because I've been through thousands of closings over the years and some adventures often pop up along the way.
When I use the word adventure I'm referring to issues with the legal status of the property itself, property ownership for example, or surprise liens against the property that must be paid prior to closing. And I'm also referring to issues with buyer financing or lack of financing. This can be an especially big issue in the current difficult market conditions.
The trick to sell a house on your own is recognizing what you know and what you do not know, because recognizing the difference can spare you unnecessary and costly problems. Making sure you have professional back-up in the form of a lawyer, a real estate agent or a title company closer from whom you can obtain advice when needed is a very practical and astute practice. Simply admit that you don't know everything about selling a home on your own and find people to help you. That's the smartest thing to do when you're selling a home on your own.
Once you have your professional back-up system in place you are prepared to write ads to post online, hold open houses, and send out post cards to your neighbors promoting your home for sale. Those are just a few examples of typical marketing activities that will be your own responsibility in order to sell a home. Make sure you are set up for success by knowing what you know and what you don't know to protect yourself in the home-selling process.
When you're selling a home on your own you'll quickly discover that it takes up quite a bit of your time. If you think of it as a second job that will help you allocate the time needed to market and show your home, as well as follow along during the closing process. Your road to receiving a check at the closing table may be long and filled with adventure. I say that because I've been through thousands of closings over the years and some adventures often pop up along the way.
When I use the word adventure I'm referring to issues with the legal status of the property itself, property ownership for example, or surprise liens against the property that must be paid prior to closing. And I'm also referring to issues with buyer financing or lack of financing. This can be an especially big issue in the current difficult market conditions.
The trick to sell a house on your own is recognizing what you know and what you do not know, because recognizing the difference can spare you unnecessary and costly problems. Making sure you have professional back-up in the form of a lawyer, a real estate agent or a title company closer from whom you can obtain advice when needed is a very practical and astute practice. Simply admit that you don't know everything about selling a home on your own and find people to help you. That's the smartest thing to do when you're selling a home on your own.
Once you have your professional back-up system in place you are prepared to write ads to post online, hold open houses, and send out post cards to your neighbors promoting your home for sale. Those are just a few examples of typical marketing activities that will be your own responsibility in order to sell a home. Make sure you are set up for success by knowing what you know and what you don't know to protect yourself in the home-selling process.
About the Author:
Stop by Leo Kingston's webpage to find out more about how you are able to sell a house in Kansas City quick for cash.
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