Selling Without An Agent
Investment properties and house flipping are great ways to generate more money for you and your family. But did you know you could save yourself more money by going without an agent? It’s a bit more work, but the extra cash could make it worth the effort.
By not going with an agent and not having to pay commission fees, you can save thousands of dollars, but you have to do more of the legwork. This means taking on showings, negotiating the final price of the home, and handling the legal and financial paperwork. Having a plan and clear goals can make this task easier, and Matthew Scott can help you make it!
Building A Personal Sales Plan
Before selling without an agent, you need a plan. While the specifics are always different, they can follow these beats:
- Set a sensible price on the property. Be realistic about the worth of your property. If you need to, have it professionally appraised, or use an online calculator that can estimate your home’s worth based on things like the size and location of the home.
- List your home… or don’t. Income properties can benefit from off-market listings, especially in a hot market. If you choose to list, include a description of the home, including the price, the age of the home, the location, the number of bedrooms and bathrooms, and the number of rooms overall. Don’t forget to take a comprehensive set of photos of both the exterior and interior.
- Do some advertising. Even if it’s an off-market listing, you can still advertise the home yourself. There are ways to control the listing that isn’t just sticking a sign in your lawn and hoping someone sees it.
It’s important to be patient during the process. It’s unlikely that you’d get an offer on the first showing, and if your strategy has failed to generate anything, you can always revisit your strategy.
Investment Property Guru Matthew Scott knows every aspect of property sales, from renovations to selling the property without an agent. He can walk you through the process, help you determine the right plan of action, and make sense of your financial and legal obligations. Know what to ask of lawyers and prospective buyers with Matthew’s help!