One of the most important and significant life events for a person is purchasing their first home. The feeling of buying your own home after years of hard work is something unmatched. However, life is unpredictable, and you may need to sell your home at some point in your life.

Most people tend to work with a realtor to sell their property, but some individuals choose to navigate this process themselves. This is termed as the ‘For Sale By Owner’ method, also known as FSBO. You can make lots of savings on commissions as well as have total control over your home’s sale. In this post, we’ll read about how to sell a home without a realtor.

Get Your Home Ready For Sale

When you think of how to sell my house in Rochester, you must first make your home more appealing to the eye by decluttering and cleaning the home thoroughly. Remove all extra furniture items as well as personal belongings that can distract buyers.

Address any maintenance issues and repairs like wall holes, leaky faucets, stuck drawers, etc. Every single component should be in good condition as it indicates a well-maintained property to potential buyers. As people will first see the exterior, you should enhance the curb appeal by trimming hedges, painting the front door, and maintaining the lawn.

Set a Realistic Price Tag on Your Home

Before we buy houses in Rochester, NY, the first thing we look at is the price of the property. If you set the price too low then you are likely to lose money, while if the price is too high, then potential buyers will not consider making an offer for your home. Check out similar homes in your neighborhood and see the prices at which they have been sold recently.

There are several websites that will offer you information about comparable properties so that you have an idea of the market value. You can even consult a professional appraiser to get an accurate valuation of your property. This way, you’ll be able to set a competitive, unbiased price. Use online tools and calculators to estimate the price of your home based on factors like location, size, and other features of your property.

Advertise & Market Your Home to Potential Buyers

If you want potential investors and buyers to consider your home, then you’ll need to market it in an effective manner. List your property on popular real estate websites with detailed descriptions, unique features, high-quality images, and information about the amenities and neighborhood. You can schedule open house sessions for people to visit and tour your home.

Additionally, social media platforms are an effective way to reach a broader audience so you should advertise your home on Twitter, Facebook, TikTok, Instagram, and more. Consider designing a professional flier with key details and high-quality images of your property. Distribute them around your neighborhood as well as local businesses and markets.

Stay Ready For Negotiations

Before we buy houses in Rochester, NY, we try to get the best deal for ourselves. As you receive offers from potential buyers, go through them thoroughly and read each detail in-depth. Pay attention to the proposed price, money deposit, home inspection, financing, and other important details.

If you don’t like an offer, feel free to make a counter offer and negotiate with the potential buyer. If you have multiple offers in hand, then you have to determine the best option for your needs and financial goals.

Manage Paperwork & Deal Closing

There is a lot of paperwork involved when you are considering how to sell my house in Rochester. Use a standard purchase agreement to make sure that all necessary terms and conditions are there in your purchase agreement. All information about your property’s condition, defects, issues, etc. must be there in the required disclosures. Also, work with a title company for handling the ownership transfer, title search, and smooth transaction.

Once all the paperwork is in place, it’s time to finalize and close the deal. Review every single document, making sure everything is complete. Let the buyer take one final walk in the property to make sure everything is as agreed upon. Sign the necessary documents for ownership transfer and receive the payment from the buyer.

Sell Your Home Without Hiring a Real Estate Agent

If you are willing to put in the time and effort needed, it is possible to sell your home without a realtor and save a lot of money on commission fees.

Prepare your home and make sure it is the best condition possible, set a realistic price and market your property on different platforms, and then choose the best offer out of all the ones you receive. Draft the final paperwork to close the deal and you will be able to successfully sell your property without a realtor.