How to Sell a Home

If selling a home were easy, nobody would use an agent. But there are things you can do to make the process easier.

Difficulty: Moderately challenging

Instructions

Things You'll Need:

• Yard Signs
• Real Estate Ads
• Real Estate Agents
• Real Estate Attorneys

1. Choose an agent to help you sell your home, or decide to put it on the market as 'For Sale By Owner' (FSBO).

2. Set the price for your home. Talk to an agent or study the sale prices of comparable homes in your neighborhood (usually listed in local news-papers) to get an idea of what your home is worth. Visit open homes to get an idea of value, and contact a title company or real estate company to learn about final selling prices.

3. Get inspections completed and make necessary repairs to your home.

4. Prepare your home to be shown. Clean it thoroughly, get rid of clutter and tidy up the yard (see "eHow to Get Your Home Ready to Sell').

5. Show your home at an open house and make it available to be shown also by appointment.

6. Ask a mortgage broker to provide free financial flyers for potential buyers.

7. Consider offers and evaluate contracts.

8. Accept an offer.

Tips & Warnings

• Be prepared to answer these questions from buyers: How long has the property been on the market? Have there been any price reductions? Have there been any previous offers? How long have you owned the house? What improvements have you made?
• Never tip your hand to a buyer or a buyer's agent and admit the lowest price you will accept.

[stone24]

on 5/15/2009 http://www.ehow.com/how_4996648_information-property-value-ownership.html

[vikki9]

on 7/27/2008 Interesting article. Thank you.