By Alek Pulalo. House. Published at Sunday, February 17th, 2019 - 04:57:10 AM.
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.
Mistakes To Avoid When Attempting To Sell Your House Fast :In this housing market, it can be difficult to sell a house fast. These are the five mistakes you need to avoid if you want to have your house sold quickly: 1. Asking Too Much Setting your price too high is the biggest mistakes home sellers are making in this market. Your Realtor may give you a price that they feel the house should sell for that is higher than what it is likely to sell for. Some Realtors inflate their estimate so that the prospect of selling your house is more attractive. There is more incentive to sell your house. Make sure you have a good idea of what other similar houses are selling for in your area. You should be comparing houses with the same number of bedrooms and bathrooms, size that is within about 300 square feet of the size of your house, and similar amenities. Other factors that should be taken into consideration is the amount of time the houses sat on the market before they sold. This brings up another point in that you really should focus mostly on houses that have already sold. Anyone can ask anything they want for a house. What someone is willing to pay for it is an entirely different story. If you want to sell a house fast, you should price your house slightly lower than the others that are on the market. Evaluate your competition. See what their houses have that yours doesnt. 2. Not Being Aware of Your Competition This one is an extension of the last mistake. If you do not know what you are competing with, how are you going to know if you are priced right? Your house needs to priced lower than a house that has more upgrades. These upgrades include things like granite countertops, hardwood floors, new energy-efficient windows, new mechanicals, and just about anything else that buyers will find more appealing. You can compete by offering your house at a more attractive price. Visit open houses to get a sneak peak at your competition. Take note of anything theyve done to make the house more appealing that you might be able to incorporate. If there are not a lot of open houses taking place, you can have a Realtor show you the houses. 3. Being Stubborn Do not be the seller that is unwilling to negotiate or give concessions. Buyers want to feel like they are getting a great deal, especially these days. It is a buyers market and if you dont accept that, you shouldnt be selling your house. Even if you feel like you are giving them a good deal, you have to be willing to give a little. It doesnt have to be price that is sacrificied, you could offer to throw in some appliances or furniture that they might like. Get creative. If you are not getting showings and youve done your homework and know the house compares favorably with your competition, your best bet is to reduce the price. Do not be stubborn and refuse to budge. Your house will just sit and the costs you accrue while your house is the on the market will likely exceed what you would be giving up with a price drop. 4. Not Having The House In Sellable Condition Buyers are extremely picky these days because they can be. With a high number of houses for sale and lenders tightening their lending criteria, this is inevitable. You will need to make sure that your house is in move-in condition. Replace rotted wood, repaint inside and outside, update anything that is dated (including 90s style wallpaper and fixtures). You will need to make your house stand out and make the people viewing it feel like they can see themselves living there. Some things can be done relatively cheaply that will provide big improvements. Paint is the cheapest thing you can do that will bring the biggest returns. You can update cabinets simply by replacing the handles and knobs. Clean the windows. This always helps with the impression the house makes. If you cant afford or dont have the time or energy to complete necessary repairs, you will need to adjust your price accordingly. Most of the time the price needs to be reduced more than the repairs would cost due to the fact that buyers will want a good deal because of the hassle and unknowns that come with remodeling a house. Working with contractors can stress anyone out. 5. Refusing To Consider Selling To The We Buy Houses People If your house needs repairs that will scare off buyers, you really need to consider getting an offer from real estate investment companies that advertise We Buy Houses . These companies typically pay cash and buy houses as-is. This allows you to sell without providing any warranty or doing any of the repairs. Even if the house does not need repairs, they will make an offer to buy it so that you can sell the house fast. If youve inherited a house or just evicted some tenants and want to avoid renting the house again, real estate investors may be your best best. You can have an instant buyer rather than putting it on the market and having to have showings to try move it. These house buyers will make an offer and you can either accept it or not. Why not try them out and see if you could save a lot of time and hassle? The tradeoff with using a house buying company is that they typically need to buy the house below market value as they are buying for investment purposes. Its better to know this upfront. Most We Buy Houses websites do not mention this. For a lot of sellers this tradeoff is well worth it to avoid the hassles of selling a house in this market. Hopefully you can avoid making these mistakes while trying to sell your house fast. Understanding what to avoid will put you far ahead of the competition. Good luck with the sale of your house.
Facts About the Four Major Feng Shui House Types : Classical feng shui students learn about the four major house types within the first few days of instruction. These houses are described in broad brush strokes. Two of the four are supportive for health and relationships and two are not. Two of the four are supportive for financial luck and the other two are not. But to place too much emphasis on these four categories of house types, is like judging a book by its cover or a painting by its frame. In the 20th century, these four house types were given catchy descriptions, translated from more non-literal Chinese terms, whereby we have one house type that is now labeled good for people/good for money (aka Wang Shan Wang Shui). The exact opposite house type is referred to as Reversed, as in the reverse of the best house. Then there are the two mixed house types, with one being deemed good for people/bad for money (Double Sitting) and the other one good for money/bad for people (Double Facing.) In reality, we know that life is more complicated, and yet we all know someone who is wealthy, but unhealthy or wealthy but very unhappy. We also know of people who are strong physically and mentally, with loving family members and close friendships, but maybe chronic financial struggles. So it is easy to assume that these four major house personalities cast their influence on the occupants to create these real discrepancies. In studying Xuan Kong Fei Xing, there are actually 144 different house charts, but these 144 flying star charts can all be grouped into the four major categories. These categories are determined based on when a house was built and what direction it is sitting or facing, so it is not like seeing a house with certain physical characteristics which would be so obvious. One of the most frustrating things I encounter frequently is a prospective client who wants me to assist them in house hunting and they have heard about this good for people/good for money house and they only want to live in that house type and no others. This is a very myopic way to go house hunting since what qualifies as good Feng Shui overall is based on a lot of criteria which is not determined based solely on the houses orientation or year built. In fact, there are so many instances when a floor plan lay-out is flawed, that it seriously undercuts or over-rides the nature of the so-called best house of these four major categories. For example, I had one client whose house was deemed this Wang Shan Wang Shui (good for people/good for money house type.) Meanwhile, the actual floor plan demonstrated that the bedrooms, entrance and home office were in the worst parts of the house. To backtrack a little, it should be understood that no house on the planet has all inherently positive areas. On average, there are about four of the total eight basic directional zones in any structure that are considered better or worse than the others. Here is a specific example: For a house which was built in 1985 and facing south between 160-170 degrees, the best locations (in the flying star chart) will be in the northwest, north, northeast and east sectors. The other directions (west, southwest, southeast and south) are not as inherently positive in the current times for that particular house type. So at this point, we have not even studied the floor plan. We are just speculating about the most positive influences for that one house, being one of the 144 total flying star charts to consider. So with this house in mind which was supposed to be so good, that client had perpetual financial problems, marital woes, problems with his children, legal issues, kidney problems for both husband and wife, as well as a serious burglary where they lost valuables totaling $100,000.00. So, I would not call that a good for people/good for money house. In contrast, I have a client who enjoys world-wide fame as an actor in TV and film and yet he lives in a Reversed house type, which is supposed to be bad for people and bad for money. He has a happy home life and does quite well in his career which has spanned more than 30 years. So, how is that possible? Well, aside from destiny which over rides Feng Shui, this man happens to naturally dwell in the most positive parts of his house instead of the most negative parts. His bedroom and office and convenient back door entrance totally support his good fortune. This is why I sometimes beg my clients to provide me with a floor plan when they are house hunting. So many people get the mistaken impression that all I need is an address, to look up the year built and compass reading on the internet. Without a floor plan to study, about 80% of the information is missing or based on guesstimates. So, now I hope I have well established that the four major house types cannot and do not predict exactly what kind of fortune or misfortune the occupants may experience. The basic house type must be collaborated with the unique floor plan, and understanding of qi flow, the impact of the immediate exterior environment and even personal compatibility with the house based on the occupants birth data and occupation. The lesser known fact about the four major houses styles still eludes many long time practitioners. And that important fact is that the four house types do not retain their status into perpetuity. Many practitioners assume once a Reversed house, always a Reversed house. And they assume the same fate for the other three house types. But this is actually, technically not so. What established the four major house types to begin with is based on criteria relevant to the Period in which a house was built. Once a house surpasses its own Construction Period, it relinquishes its title as one of the four major house types. For example, Period 5 was from 1944 through 1963. For houses built during that 20 year Era, they are referred to as Period 5 houses. However, they are no longer the Wang Shan Wang Shui, Reversed, Double Sitting or Double Facing house type that they originally were. In each 20 Year Era, there are sixteen different house types based just on orientation and then they get further grouped into the four major house types. However, after 1964, those Period 5 houses ceased to be defined by those definitions. In Period 8, which is from 2004 through 2023, we have houses built during this time frame which are correctly classified as one of the four house types, but those terms will end in 2024 when Period 9 begins. At that point in time, only Period 9 houses will qualify as one of the four major house types. Houses from all other Periods are exempt. We have 9 Periods that each last for 20 years. This means that most houses are not one of the four major house types, even though it sounds like a category that all would fall into.
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