How To Sell A San Antonio House
Without A Realtor
The San Antonio real estate market is a fast growing industry with many people looking to buy and sell homes in San Antonio. San Antonio Board Of Realtors released a report last year December showed the state of the real estate market in San Antonio. The results showed that the San Antonio housing market is fast growing with home buyers exceeding home sellers. The demand for homes in San Antonio is favorable for homeowners who want to sell their house fast, with the stats showing the state has a lower “months of inventory” of 3.5 months which is lower than the national average of 5.1 months. “Months of inventory” is used in real estate to refer to the period it would take to sell all the houses in the market. Hence, it is true that houses are selling faster in San Antonio, TX compared to other metros. That means if you put up your house for sale in San Antonio, it would not take more than 70 days on average for the property to find a willing buyer.
If you are a homeowner, there are different options you have when you want to sell your home. You can decide to hire a real estate agent to market and sell your home, then pay them a commission based on the sale. Or you could sell the house privately. Selling your house in San Antonio directly to a cash buyer can prove to be a smart financial decision for the homeowner. Today, realtors in San Antonio usually charge clients a 6 percent commission on the final price of the house which is up for sale. If the real estate agent manages to sell your house, the commission you pay them eats up your profit.
The financial benefits that come with selling a house on your own has made many homeowners want to take this direction over hiring a realtor. However, selling your home on your own can be a difficult feat to achieve with the National Association of Realtors showing that 70 percent of for sell by owners (FSBO) eventually hire a realtor for assistance. While the remaining 30 percent, only half of them successfully manage to sell their homes on their own. It might seem easy to put your house up for sale by owners, but in reality it is not straightforward. This is because it requires FSBO home sellers be skilled, knowledgeable about the local housing market, and put in the effort. If you are wondering how to sell a San Antonio house without a realtor, you can use the following important tips:
Do Your Research
The first bit of research you should do is on the price of your property. Some people tend to overprice their houses which take longer to find a buyer. It is not uncommon to find FSBO home sellers who overprice their houses hoping to make a profit only to lower the price when the house has failed to find a buyer. If you are not sure about the right price for your house, you should hire a professional appraiser to help you determine the market value of your house. This will save you money on the holding cost and time taken to sell your house.
Also, it is important that you do a research about the local housing market. You can do this by reading the necessary paperwork and contracts involved and checking the market trends in terms of changing housing prices. This information will make you knowledgeable so that you can quickly and profitably sell your house.
Hire A Professional Photographer To Stage Your House
When you are putting your house up for sale by owners, you want to make sure it looks presentable to potential home buyers. The good thing about hiring a professional home stager is that they see your house from the buyer’s eye view. Therefore, hiring a good home stager will make sure all the positive features of your house are captured in the photo while the bad ones are left out. For those FSBO home sellers who don’t want to stage their homes, you can do the following to make sure your home sells faster.
· Clean your house
Before you take a photo of your house, make sure it is clean and in perfect condition. Home buyers want to be sure they are making the right investment decision buying your house. Therefore, make their decision easier by cleaning your house and repaint the walls. While repainting the walls remember to keep the color neutral.
When it comes to selling your house, you only got one chance to impress a buyer. Don’t lose a buyer because your house has a poor landscaping. Therefore, make sure the yard is well trimmed, the garage is painted and the garden has no weeds.
De-clutter the house
You want to create the impression that the house is spacious. To achieve this you need to remove unnecessary items and put them in a storage prior to showing. Also make sure you remove personal items like photos before showing. This will give potential buyers the perception that the house is spacious.
When your house looks presentable, has no repair or repainting issue and is listed properly, you should expect it to sell.
Learn how to negotiate with a buyer
While selling your house, it is important you learn how to negotiate with potential buyers on your own. To be a good negotiator, you need to think like a buyer. A buyer is not concerned how quickly the house sells, which you might, but wants to have the best deal out of the negotiation. Make sure you have an open mind if they put an asking price which is close to the price of your house. Good negotiation with a buyer will help you sell the house faster.
There are different methods you can use to market your house to home buyers. One way is by putting a signage in front of your house. In addition to a signage, make sure you have flyers to market your house. Another way is to list your house online on for sale by homeowners sites like FSBO.com. Other online sites you can use include Craigslist. You can also create a walk through video of your house and upload it to sites like YouTube. This is a good way to reach millions of people who cannot be reached via other means, which will help you sell your house faster. You can also choose to advertise the house in local newspapers. We buy houses in San Antonio every month, from homeowners just like you…so feel free to contact us for a free cash offer.
Selling a house in San Antonio is easier because many home buyers want to move into this unique and beautiful city. In addition, the city is currently experiencing the best real estate market in the past 10 years.With the real estate market expected to continue its growth, there is no better time for homeowners to sell their houses.