If you want to sell your house, you should consider the idea to sell by owner.  This can usually end up saving you money as you do not have to pay a real estate agent a commission that is based on the sales price of the property.  You can save thousands of dollars when you sell your property on your own using your own MLS listing provided by an online broker for a flat fee.

 

The MLS listing is a listing through the multiple listing service.  This gets the house out there for others to see and is the easiest way to advertise your home.  Most people who are looking for a home for sale will look towards a listing that they pull up off of this service.  They can go online and view homes that are listed on the MLS that are listed by real estate agents or they can have their real estate agent pull up the list for them.

 

 

If you choose to sell by owner, you first should get your property in good repair.  Come up with a price for the property based upon the selling price of homes in the area.  Remember to look at the price that the house sold for and not the price that the property was listed.  You should also list the property with the knowledge that the buyers will likely offer less, so leave some bargaining room.  When you sell by owner, you are going to have to be prepared to haggle out the difference. 

 

You can then get an MLS listing for your home.  You can go online and use a real estate brokerage site that will allow you to let them list your home on the MLS for a flat fee.  You just pay one fee and you can use the MLS listing for your property.  This is the most important step that you can make when you are going to sell by owner.  This allows others to see your home.  You can even include photos of your home. 

 

Once a buyer decides that they want to purchase your property, they will make you an offer.  When you sell by owner, they will make the offer directly to you.  You can accept the offer or counter offer.  Many sellers will counter offer so that they can get a few extra dollars out of the sale.  Once the deal is made, you can just sell your home in the same way that you would if you were selling with an agent.  You can pay a fee to get the contract drawn up or  hire a real estate attorney to proceed with the closing as you would ordinarily as an agent can only draw up a contract and cannot act as a real estate attorney on your behalf. 

If you want to sell your home, you should sell by owner to save money. You can put your home on the MLS listing by going to Bloomkey.