How You Can Sell Your Home Without an Agent

Selling your home can be stressful, and hiring an agent can contribute to stress. There are ways you can sell your home without an agent such as doing a sale by owner, selling to a cash buyer, and selling to someone you know.

Sale By Owner

Selling your home by owner can save costs from not hiring a real estate agent. It is not always the best route to go, so you should do your research. If you know of an interested buyer before selling your home, selling by owner can be the way to go. A high-demand market can also be an opportunity to sell by owner with less risk. Don’t forget the marketing aspect and get professional photos of your home for a listing to appeal to buyers.

Sell to A Cash Buyer

Selling to a cash buyer allows you to sell your home much faster. A cash buyer is not dependent on a mortgage to secure the home, so the closing of the sale can go much further. Before you sell your home, you need to check the value of your home. You need to ensure that you aren’t being taken advantage of. A cash offer may end up being less than a financed one, however it may be worth it to get the closing taken care of faster.

Sell to Someone You Know

When you are selling your home, you may get lucky and have someone who is waiting to buy. Even if you think you have found the right person, you should hire a real estate attorney to help you with legal documents. Not the same as an agent, a real estate attorney can help with both drafting and interpreting documents needed for closing. Some states may even require a real estate attorney to be at the closing, even if you have an agent. The pros of getting an attorney are that they take care of all the contracts with all the details like inspections, sale price, and closing dates. Your attorney is also there to step in if there are any legal disputes.

Selling without an agent can save you a little bit of money but you should be careful when you choose to do so. Selling without an agent can save you some money in the right conditions. To sell without an agent you can do a sale by owner, sell to a cash buyer, or sell to someone you know.

Check out this article on the situations in which you need a great real estate attorney!