Selling your home without a real estate agent can be an overwhelming process but with – a few tips, a little planning, and a lot of work – you can do it too. You will be doing a lot of things that real estate agents normally do but with a little preparation, you’ll be able to nail it better than an estate agent. When you sell your house without an agent, it’s natural to want to get the highest return on your transaction. This is why some homeowners prefer ‘for sale by owner’ as the perfect choice.

‘For sale by owner’ can save you a huge fee when you eliminate the typical 7 perfect commission fee for the real estate agents. Homeowners, who are worried about selling their house without an agent, remember that it is a learning process.

With all this in mind, if you do decide to sell your house without an agent, here are five tips to help you get started:

Get educated

Learn about the legal formalities that you may need to do along the way.

Price your home right

Get the word out

Getting the word out about the sale of your property is the way to go when you sell your house without an agent and unfortunately, sticking a ‘for sale’ sign in your yard and hoping for the best is not enough anymore. Use your social media presence to your advantage and put up an advertisement on various Facebook and Instagram pages. Most homebuyers search for properties online nowadays so advertising your home online is really important. You can also list your property on various listing websites such as realestate.com.au, domain.com.au, realestateview.com.au, homesale.com.au and many more through minustheagent.com.au. In addition to this, you can also create a few flyers and brochures and distribute them around the town.

Hire a lawyer

Even though it’s an additional expense, hiring a lawyer who can assist you with the legal work can do wonders for you. Unless you are significantly experienced in selling a house, having a real estate lawyer by your side will provide you the peace of mind that you will need during the process. The lawyer will not only help you reviewing the contracts, evaluating complex mortgages or leases and complex offers, but will also tell you what things, by law, you need to disclose to potential buyers and help you formulate a disclosure agreement.

Negotiate

This includes appliances, closing date, and closing costs.

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