Most searched “for sale by owner’ questions – answered

Selling your home by yourself is hard if you don’t have a proper guidance system in place. It requires time, energy, market knowledge, and some upfront money. With people coming in and poking around your closets and cabinets, complaining about the design and build of your home, and offering you less money than you believe your home deserves, ‘for sale by owner’ can become an emotional roller coaster in no time.

Minus The Agent helps home sellers list their properties on realestate.com.au, domain.com.au, realestateview.com.au, homesale.com.au, etc. and also provide on-going assistance to make the sale or leasing a stress-free process when you opt for sale by owner.

If you are planning to sell your home by yourself, here are a few questions we answered for you so that you have a smooth home selling process:

Q) How much is my house worth?

A) A home’s fair market value defines what you could expect to receive if you were to sell your home on that day. There are a number of factors that determine a home valuation such as:

– Location – Number of rooms – Square footage – Age of the property – Upgrades and improvements – Market trends – Construction and repair

You can run a comparative market analysis by yourself and study the market trends and prices of the properties around you in your neighborhood. Match your property to comparable properties in your neighborhood in terms of features, to get an estimated value of your property. In addition to this, there are numerous websites available on the internet that can give you an estimate of your home’s worth. You can use these sites, along with other methods, to build a rough estimate of your property’s market value.

Q) Should I make repairs before listing the house?

Home buyers want the property to be in a ‘move-in-ready’ condition. Get real estate tips online on home improvements, make the necessary repairs, light the house properly, de-clutter every room, touch-up or repaint the rooms if necessary so that when the potential buyers come to visit your open-house, they can make a proper decision.

Q) How long will it take to sell the house?

A) The time it takes to sell your house depends on various factors including the location of your home and the conditions of your local housing market. The condition of your property, its staging, and the way you market the house can also play a huge role. Just remember that selling your house is a process that takes time and tests your patience at every step. You can get assistance in selling your home fast and efficiently by listing it on minustheagent.com.au.

Q) How much does it cost to sell a house?

All this can amount to 10% of the sale price. Moreover, don’t forget the moving expenses and if you are not moving to a new house that you already own, you’ll need to account for the rental fee as well.

Q) What can I do if my house isn’t selling?

Moreover, the financial rewards can be tremendous.