You can sell your own home, but it can be a time-consuming and frustrating process. Usually I would recommend listing with an agent, but in the right market, it may make sense to save the commission and do it yourself. If you try, use the tips here to do it right, and to avoid common mistakes.
1. Understand house values. It’s not what you think your house is worth, and it doesn’t matter how much you put into it. The value is only what it’s worth to potential buyers. See what they’ve paid for similar homes before you decide on a price.
2. Try to be objective. Get your most honest and open friend to walk through the house with you. He or she will see problems you didn’t even know were problems.
3. Make a plan. What will your kids say to those who call? Where will you close? Will your documents be prepared by an attorney? Plan well, and it will all go smoother.
4. Start a list. What needs to be repaired, cleaned, changed, or removed? Always do the most obvious things first.
5. Prepare to sell. List questions a buyer might have, and be ready with answers. Prepare comparison sheets showing other home sales, so...
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