You asked: How do you sell your own home without a realtor?

Can I sell my own house without a realtor?

There are no rules requiring you to sell your home with a real estate agent. In fact, in 2019 around 11% of people chose to sell their property outside of the multiple listing service (MLS), listing it for sale by owner (FSBO).

What paperwork do I need to sell my house by owner?

The Most Common Paperwork For Selling A House By Owner

  1. Residential Property Disclosure Form. …
  2. Sales Contract. …
  3. Title Reports. …
  4. Deed. …
  5. Loan Documents. …
  6. Latest Utility And Property Tax Bills. …
  7. Homeowners Association Agreements And Rules. …
  8. Plans And Permits.

Is it cheaper to sell a house without a realtor?

Could net less money for your home: Selling a house without a Realtor typically leads to a lower sales price, according to data from the National Association of Realtors’ 2018 Profile of Home Buyers and Sellers.

What are the steps to sell a house by owner?

Steps to Selling a House by Owner

  1. Step 1: Determine Your Home’s Market Value. Finding the market value of your home will help you determine how much you can expect from the sale. …
  2. Step 2: Prepare for the Market. …
  3. Step 3: Get Your Home Out There. …
  4. Step 4: Wait. …
  5. Step 5: Negotiate an Offer. …
  6. Step 6: Close on the Sale.
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Who pays for closing costs?

Closing costs are paid according to the terms of the purchase contract made between the buyer and seller. Usually the buyer pays for most of the closing costs, but there are instances when the seller may have to pay some fees at closing too.

What is the first step to selling your home?

Here are 12 steps to take to sell your home in 2021:

  1. Hire an agent who knows the market.
  2. Set a timeline for selling your home.
  3. Get a pre-sale home inspection.
  4. Don’t waste money on needless upgrades.
  5. Get professional photos.
  6. Put your house on the market.
  7. Set a realistic price.
  8. Review and negotiate offers.