What’s important to know about selling my home without a realtor?

Making the decision to sell your home is the first step in a new chapter of your life. Some people decide that they don’t wish to work with a realtor in order to sell their home and would rather do it themselves. The Internet has made it easy for people to look at homes for sale in their area and quickly obtain information about the real estate market. When one chooses to list their home as “for sale by owner,” they are facing a number of challenges that those using a realtor may not have to worry about. However, for sale by owner sellers are saving money on real estate agent’s fees, so it is important to weigh these factors to determine which option best suits your needs.

When you sell your home without a real estate agent, one of the most challenging parts is setting a fair price. Some people want to price their home higher than it is truly worth because they have a sentimental attachment to the property. Keep in mind that you can’t price your home for the memories and that you should compare it to other similar homes in the neighborhood to determine a fair price.

Another important factor when selling your home without a realtor is to make sure you market the home the best you can. Take many clear, high quality pictures of the home. Have a nice “for sale” sign. Provide as many bits of information about the home as you can for potential buyers and be ready to answer any questions about the property that buyers may ask.

If you have questions about selling your home without the assistance of a realtor, it is still important to have the guidance of an experienced real estate attorney.

Joseph Gachko, Esq. is an experienced New Jersey attorney who can assist you in any of your estate or real estate-related legal matters. If you require legal counsel for your real estate matters, please contact The Law Office of Joseph Gachko today to set up a consultation.