How to Sell a House Without a Realtor

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Realtors can help owners sell faster and at the best price possible. However, although home sales can be complex, selling your house without a realtor’s help is possible. If you’re considering going solo, read this quick guide on how to sell a house without a realtor so that you know what you’re getting into.

You can also chat with Chattanooga Property Solutions for ideas on how to “sell my house fast in Chattanooga.” Our locally-owned company has over 20 years of experience.

Should I Sell My House Without a Realtor?

For the record, experts recommend selling with real estate attorney assistance. Realtors navigate the housing market daily. A 2023 NAR study also found that FSBO (For Sale By Owner) homes go for about 23% less on average than realtor-sold homes, so it isn’t just about paperwork.

Still, certain circumstances might make selling on your own feel like the right choice. If you have a little experience with selling property, you may feel confident in listing and marketing the place. If not, a realtor will maximize your chances of getting the best deal.

Four Steps to Selling a House Without a Realtor

Do you want to know how to sell a house without a realtor? If you are still set on the idea, follow these four basic steps.

1. Pricing Your Home Correctly

What does the surrounding neighborhood and the overall housing market say about your asking price? The more accurately you price the home, the faster you will sell it. 

Most houses sell for less than their listed price. When you’re setting the asking price, don’t be afraid to list it at slightly less than your ideal range.

2. Home Staging and Marketing Your Home

How ready is your home for showings or an immediate move-in? You’ll want to schedule open houses and walkthroughs to show off the house to prospective buyers. Still, you don’t want to do this until your home is in tip top shape.

You should also consider a pre-listing inspection to identify issues that can delay your home sale. Working with a lawyer also helps you understand which housing features or issues you legally must disclose for the sale.

3. Review Homebuyers’ Offers

After receiving an offer, you will go through a period of negotiating the sale to determine: 

  • Final price
  • Closing costs
  • Length of the sale (usually 30 to 60 days)

You can also make a counteroffer or move to another buyer’s offer.

4. Close the Home Sale

If you’re happy with all the details, the last step is to close the deal. Usually, this involves signing a sales contract, which is far easier with a real estate attorney to iron out the kinks. 

Once the money changes hands and you pay the closing costs, you’ll hand over the keys to your home’s new owner!

Sell My House Fast in Chattanooga!

Learning how to sell a house without a realtor shows it is possible with a little hard work. It is also a reminder that there can be complications, such as selling a house with code violations

For more information or to receive a free cash offer for your house, contact Chattanooga Property Solutions online or call (423) 454-3070 today!

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