How to Be Your Own Real Estate Agent

A real estate agent can help you sell your home in a timely manner. While there is definitely a time and a place for real estate agents, sometimes you might be better off to sell your own home. Being your own real estate agent will take a little work on your part. However, hanging onto the commission from your house can save you thousands of dollars. Here are a few things that you can do to be your own real estate agent. 

Evaluate Your House

The first thing that you will need to do is evaluate your house from the eyes of an outsider. Do not look at your house as the building that you have lived in for the past several years. Look at it as the house that a potential buyer is looking at. Take note of any flaws that need to be corrected. Make a list of the necessary repairs and decide what you can afford to fix. 

Once you have done a walk-through, you need to come up with a listing price. While you may not have access to all of the tools that a real estate agent does, you can still come up with a value for your house. If you want to get a very accurate estimate, you could have a real estate appraisal done. However, if you don't want to pay a few hundred dollars for an appraisal, you could come up with the value on your own. Usually, there will be other houses in the neighborhood that are for sale. You could look at their flyers and gauge how much you should list your house for according to the competition. You should also take into consideration how much you owe against the house and how fast you want to sell it as well. 

Fix the House

After you have evaluated the house, you will need to fix the house up a little in order to achieve a quick sale. Most of the time, a coat of paint and some cosmetic fixes will be enough to get the job done. Focus on the outside of the property as curb appeal has a huge affect on potential buyers. 

Market Effectively

In order to sell the house, you are going to need to get the word out. Let as many people as possible know that your house is for sale. You will definitely need a sign in the yard and on the street corner to get some drive-by traffic. In addition to that, put an ad in the newspaper. 

You might want to consider investing in a spot in an online MLS database as well. Instead of hiring an agent, you may be able to pay a one-time fee just to list your house. This is how most home shopping begins and it will get your house out there to the masses. Be creative in your marketing and eventually you will find a buyer. With these steps, you can skip the real estate agent and keep the commission. 

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