Published at Friday, February 01st, 2019 - 12:24:50 PM. House. By .
How To Sell Your House By Yourself: A Short Guide Selling your house is something youll have to do maybe just a few times in your life. And unless you know a local real estate agent who will sell your house for free or a hugely discounted commission... it can be a real pain in the rear and an expensive process for you as well. So... you landed on this page about How to sell your house by yourself because of a few reasons Im guessing... • You have no or very little equity in your house so you cant afford to pay a real estate agents commissions • You have equity but want to try to save money selling the house yourself before you resort to hiring an agent • Youre in foreclosure (or heading that way) and just need to sell fast without incurring thousands in agent commissions • You cant wait the months and months it sometimes takes to sell a house in your area, so you want to try to sell it more quickly Whatever one you land in... there are ways to sell your house yourself in your local real estate market. Since 2013, the housing sector has been experiencing a major recovery. Selling your house at this time will definitely be profitable if you do it right. In most cases, it is about using smart marketing strategies and being realistic about your expectations on what you want to achieve with this sale. This article will provide some guidelines to help you sell your house yourself. How To Sell Your House By Yourself - Lets Dive In Know The Real Estate Market Well The first and most important step is doing a market research on your neighborhood. This step involves visiting various home marketing sites (Zillow, Eppraisal, Redfin, etc), calling a real estate agent or two to see what your home is worth, or reading about the various market pricing techniques. Proper homework on these issues will allow you to come up with a right price for your house and also helps you to avoid making certain selling mistakes. If you dont want to hassle with trying to come up with a home value yourself... contact a local cash home buyer. Theyll be able to give you an honest fair valuation of what your house is worth in its current condition. And most cash homebuyers can make you a fair all-cash offer on your house within 24 hours, to give you that option of selling quickly (most cash homebuyers can close within 14 days). Assess the market This step is almost similar to conducting market research, only that in this case, you are bound to your neighborhood and similar houses. Are there lots of houses for sale in your neighborhood? If so, what is the average that they are listing for? Are there lots of foreclosures in your neighborhood? That may drag your house price down. Assess the house As a seller, your house should be in top condition or shape in order to sell at a good price. Identify certain unique characteristics about it and emphasize them during the marketing. For example, a house with garage parking may be more attractive to buyers compared with one with driveway parking. Also, does your house require repairs? Does it need to be repainted inside or out? How is the condition of the roof? Is the landscaping in good shape? Is the house outdated at all? (you know, those popcorn ceilings. All of these things can make the house more attractive or less attractive depending on the buyer... which changes the price theyre willing to pay. After all of this... come up with an asking price for your home that is fair... isnt so high itll take you 12 months to sell the house... but is attractive so you get a frenzy of buyers who are ready to buy it quickly. Use Photos or Videos Buyers are obsessed with media. Taking walk-through videos of the house and using the videos to advertise will enable you to reach a wider market. In fact, these videos are considered more transparent than taking photos. However, this should not stop you from using the latter option since it is more affordable compared to the video. So take some great pictures. Take a picture of every room in the house that helps show it off. Take a picture of the house from the outside in a few different angles... people want to see the house before they ever show up to see it. So having great pictures of your house online could be the difference between getting the right buyer quickly... and waiting months and months to sell. Get Your House Listed On The Local MLS And Market It You can find no or low fee real estate brokers these days who will charge you a few hundred bucks to put your house on the local MLS. This gets your house in front of all of the real estate agents quickly (so be prepared to pay those buyers agents a 2-3% buyers broker fee if you plan to have their support in helping you find a buyer. Place ads in the local newspaper, signs on the roads, and hold an open house. All Of This Sound Like A Lot Of Work To Sell Your House Yourself? It can be. And in the end, many homeowners think theyre saving money and time by marketing the house themselves... when in the end it costs them more money to go that route. When you sell your own house here are some things you need to consider... • If youre not a good marketer or arent ready to spend a bunch of time marketing your house right... selling it yourself may not be your best bet • If you dont do a good job preparing the house and the marketing materials... and working with buyers to really build the value of your house in their minds... you may actually sell the house for 3-8% less than you may get for the same house an experienced person marketed the house for you • Too many sellers never think about holding costs or opportunity costs... every month that your house doesnt sell means another mortgage payment, tax payment, insurance, utilities, etc. If your mortgage payment is $1,500/mo... and $1,300 of that is interest... if it takes you 7 months to sell your house... that cost you an extra $9,100 (not to mention taxes and insurance you paid during that time). So, if you were able to sell that house more quickly... would it make sense for you to provide a buyer a discounted price today so you can close quickly and move on? Something to think about. A local cash home buying company can give you a fast offer for a fair price.
Building A House In Thailand? Some Facts You Should Know : Will Your Retirement House In Thailand Have Two Floors Or A Single Floor? This is maybe the most significant factors determining the cost and time needed to construct your house in Thailand. Until recent times Thai houses were traditionally designed with the living accommodation elevated from the ground on wood or concrete columns, or posts as the Thai refer to them. A normal Thai house may be constructed with, say, a dozen posts arranged in a three by four matrix, and this is called a twelve post house. Our own house in Pakchong (Pak Chong) where we plan to retire to, Thailand, is a sixteen post house (4 by 4 posts) and the upper story containing the living spaces is 3 meters above ground floor level. This is considerably more difficult to construct and more expensive than a single floored house building with all the accommodation on the ground floor. The difference between a Thai two storey house and a western one is that:- A western house usually has the living accommodation on the ground floor and the bedrooms on the second floor. A Thai house has the living accommodation and the bedrooms on the second floor. The ground floor if it has any rooms at all would probably be a utility area. The tradition of having elevated living accommodation in the Thai houses goes back hundreds of years and there are two reasons why this tradition developed:- 1) Rooms higher than ground floor level were safer from prowling animals like lions and tigers that were prevalent at the time and. 2) Much of Thailand is flat and prone to flooding. A house elevated on stilts (posts) is safe from flooding. My husband undoubtedly wanted a post house, and I adore it, but I would have been equally happy with a single storey house. My husband is paying the price of his decision to have a traditional Thai post house in terms of additional cost and longer time to construct. Therefore think with care if you actually must have a post house or if you can resign yourself to a one-floor construction which will be less costly and faster to construct. Bathroom With Bathtub Or Simple Shower Only Room This is one more choice that will shape the price and time to build your retirement house and yet again, it is a Thai compared to Western subject. Traditional style and typical Thai houses are usually not designed with a bath tub as is the norm in a western bathroom. Actually, my husband, who is British, did not want to have a bathtub, because he doesnt take a bath. He likes to take a shower so for this reason a straightforward shower room is all he wanted to have. Odd for a Thai, I love to relax in a bath tub filled with hot water and those aromatic bath salts or bubble bath. Consequently my husband has agreed to install a bath. Seeing he wanted to have a walk-in shower room, we will be having two bathrooms, one for myself with a bath, WC and hand wash basin, the other a shower room with hand wash basin and shower only. Yet again, the choices are made as a result of posing the question Who is the house for? Type Of Kitchen - Thai Style Or Avant-Garde Western Style Kitchen The style of kitchen you make your mind up to design for is one more topic that always has a large influence on the cost of the house. Normally a whole lot of preparation of Thai food for cooking is done at floor level. I mean sitting on the floor, whether floor level is at ground floor level or second floor level. Whilst we have a customary western standard kitchen in our home in England, I still put the crock on the floor to pound the cooking ingredients. In addition, Thai food is very often cooked on a single gas ring (or even a charcoal fire), or sometimes two heat sources, but no more than that. According to this food preparation and cooking approach, Thai kitchens historically are very plain affairs, and are without the long worktops and ovens, grilles, integrated sinks and integrated cupboards and appliances that practically every western kitchens has. In fact so simple are Thai kitchens that kitchens even in new Thai houses, are often not constructed as an enclosed room, instead they are a minimal exterior area perimeter wall with a roof and maybe a simple counter-top. It follows that if you are building a Thai-style house you do not have to pay for a western style kitchen with all the luxurious fittings that are expected in a modern western house. In Thailand, as a westerner, you must have a refrigerator but countless Thai kitchens do not contain a fridge or a freezer nor clothes or dish washing machines. Yet again, our retirement house in Thailand is planned with a western style kitchen, including a long granite counter-top and integral dual sink, fridge and freezer. Installing cupboards, drawers and washing machines is not in the current scheme, however, but may be provided afterwards. Whether To Have Air Conditioning Or Not Whether or not you choose to have air conditioning can appreciably influence the construction of your house if it is appropriately designed. A house in Thailand correctly designed for air conditioning will be considerably different from one designed to utilize the natural flow of air for keeping cool, instead of air-con. How A House Built In Thailand Is Designed For Natural Ventilation (Not Having Comfort Cooling) In a Thai house without air conditioning you will be relying on natural flow of air blowing through the rooms to dissipate the heat. Our retirement house in Pakchong (Pak Chong), Thailand is designed like this. You should have plenty of options for the natural wind to flow throughout the rooms. The house should be built of light materials that do not easily absorb and re-emit heat. Our house has external walls made from wooden planks that allow the wind to blow through. Openings to permit the natural air drafts to flow will feature open windows and doors, air flow louvres and open-area room designs. Windows with glazing must be avoided as they prevent the breeze from blowing in and windows focus the suns rays like a greenhouse. You only have to look at the traditional Central Plains Thai houses built a hundred years ago to appreciate how to design a natural-cooling Thai house. Features Of A House Designed For Air Conditioning Air-con works like a fridge and the house should be configured like a fridge to get the best out of the Air Conditioning. This means preventing natural air currents - it must be designed as an extremely well sealed building, tightly closed doors and windows - well insulated and if you must have natural light this ought to be provided through windows with glazing, preferably which has a coloured coating to reduce heat from the suns rays. Double glazing also helps.
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