How to Sell Your Inherited Property Fast – Part 5

March 10, 2010 at 9:24 am , by Russell Bradchulis

Selling your own home is never easy, and the difficulties are more than just missing an agent. There are those memories and sense of belongings to get over, for one. You want to make sure the house you’ve lived in moves to the best buyer possible – and you want to make sure they’re willing to pay what its worth. Do you really think you can do this? A lot of people managed to sell their own home quickly. Here are some tips that might help:

  • Make sure you have all legal issues covered before you even think about handing your house over. Does your state law require you to give property disclosures to potential buyers? It’s always a good idea to invest in a good attorney to help you.
  • An attorney can also come in handy for helping you make the contract firm. Selling your own home requires a contract that would both protect you and the buyer – think about the buyer’s deposit and the local estate laws.
  • A useful but normally disregarded tip in selling your own home is make sure you pick out the best picture to put in the advertisements. Like humans, not all houses are “photogenic”, so pick out the best angle that still represents what your house has to offer.
  • Something the agents have and you don’t is experience, especially in observing buyers. The large amount of potential buyers coming to your house should not convince you that everyone can finance for a house. If you’re selling a house on your own, more buyers will come in hope of a more flexible negotiation – check them all. Ask if they’re able to buy your house immediately, or do they need to sell their own house first.
  • Cleaning and preparing your house for home showings is only part of your effort. Some potential buyers love to do drive-bys, and rely on that first impression. Make sure your lawn and the front part of your house is well maintained. If your curb appeal is low, clients are reluctant to see what’s inside.
  • These tips on selling your own home came from people who managed to sell their house successfully. There’s a lot to consider before you take every next step, so take your time. And remember, it’s useless to do the selling on your own if the revenue taken from not hiring an agent is spent heavily on fixing your own mistakes!

Russell Bradchulis is the CEO and Founder of Foresight Home Solutions, LLC, a full-service real estate solutions provider specializing in Foreclosure Assistance, Residential Redevelopment, and Estate Liquidation. You may call him at 781-333-4447 or email him at russell@foresighthomesolutions.com

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