Simple Steps Any Single Mom Can Take To Sell Her House Without An Agent

Being a single mom is very difficult. You are forced to raise a child all on your own and be both a father and mother to the kid. Even if you have the support of your friends and family members, at the end of the day, most major decisions have to be made by you.

One of them is to sell your old house. Although having a realtor could make things much easier and faster, it is also a more expensive option and most single moms will do anything they can to save some cash.

Namely, if you do not hire a realtor, you can save almost six percent in commissions. It’s easy to conclude that you do not need one, however, if you haven’t sold a house without an agent before, things may seem a bit intimidating. But don’t worry! With these tips, you’ll do it without having any problems!

How To Sell A Home Without Realtor? 

Be Realistic About Your House

Just because you do not have a real estate agent, it doesn’t mean that you shouldn’t be realistic when it comes to the price of your home. Frequently, people think that their house is worth more than it actually is.

Why is that? Is it because they are too emotionally attached to it? Probably, however, it still doesn’t mean that you should be biased. In these types of situations, you simply must put your feelings aside and be rational.

If you need any form of assistance, you can always find an online pricing calculator that is going to provide you with an estimation of your house’s worth based on numerous factors, such as the number of bathrooms, bedrooms, the size of your home, location, etc.

Besides, you can always check out your neighborhood to see the price range. Luckily, there are many reliable websites where you can also get this type of information. Another great option when it comes to it is to contact the Federal Housing Finance Agency.

Out there you will come across various tools that draw from house sale data that was withdrawn from mortgages that were backed by the Federal Housing Administration. One of those tools is FHFA’s House Price Calculator. 

How do you use it? Add the amount of money you’ve spent on the house and the year you bought it and it is going to determine your house’s worth based on the average rate of all houses in your area.

Consider Selling Your House To A Cash Buyer

If you need something fast and efficient, then you should definitely consider this option. When it comes to selling your property, you have two options. The first one is an individual, so-called iBuyer, and the second one, is typically a house buying corporation.

These people normally acquire houses outright without needing any lender financing. With these types of buyers, you usually feel much safer and have more convenience. Namely, a lot of people opt for this alternative, because it’s much less stressful.

They are not forced to have any type of open home showings. Being a single mother means that you are constantly flooded with various obligations. If you choose to get a cash buyer, you will save a lot of time.

More Options Coming Your Way!

Make Your Home Appealing And Sellable

As a single mom, you probably do not have too much free time on your hands to constantly clean your house, however, if you want to be successful when it comes to selling it, you simply have to do anything that’s in your power to make it as sellable as possible.

You have to be aware of the fact that potential buyers do not want to see a chaotic place. They want to see clean and neat rooms. Anything that doesn’t look appealing is going to decrease your chances of ever selling your home. Click here for any more detail.

It doesn’t mean that you should renovate your house right now, or replace things in your kitchen. The only thing that it’s definitely a must is to clean every spot in your household. In case there are any damaged things, maybe you should consider replacing them. 

Market Your Property For Sale

Before you decide to market your house, ensure to have at least one top-notch picture of every area of your household. Of course, it would be even better if you had two or three images. Now, if you do not have a knack for photography, you can always hire a professional.

Once you’re done with this, you should focus on writing down a solid summary that is going to help you market your property even better. If you do not have the slightest idea how to do it, you can always check out other listings that are in your neighborhood to see what others have written.

Once you get both of these things, you can consider yourself to be prepared for marketing. There are a plethora of ways you can market your property for sale. The best ones are Redfin, Zillow, Trulia, Marketplace, and even Facebook.

All of these pages allow you to market your house free of charge. Furthermore, depending on the location of your house, there are sites that will allow you to give something for a flat-rate fee. If you do this, you will get much more exposure than usual. 

Since you have decided that you do not want to have a real estate agent, then you do not have to worry about selling commission. This is something that has to be given only if you hire a realtor.

Remember To Be Patient

Just like with everything else in life, in this case, you have to be very patient. Nothing happens overnight. If you decide to have an open house and it doesn’t give you the results you expected, do not be disappointed.

If something like this occurs, revisit your price, see how you can enhance your marketing materials, and ensure your house is widely listed.

If you’ve decided to go through this process all by yourself, then you’ve got to be an extremely brave woman. If you stay persistent and follow this guideline, you will definitely sell your house in no time!