There are a number of things you should know before selling your house on your own in Connecticut.
Many people believe that they can sell their house with a for sale by owner listing (FSBO), and sometimes they can. However, the costs, the time spent, and the effort that goes into the entire process is often much more than they bargained for. An agent is typically able to get sellers more money than selling on their own, but then the seller is faced with traditional high commissions and other costs. Or you can save thousands by choosing Venture One Realty to sell your house for you with our INNOVATIVE 1% FULL SERVICE LISTING PLAN.
However, If you do decide to sell your house on your own in Connecticut, please be aware of some of the issues you might experience.
Advertising Costs
When selling your house on your own, you’ll need to look at the costs and decide which methods will be right for you. There is signage, printed materials, online listings, open house costs, and much more. You don’t have to use every method in order to sell your house fast in Connecticut just need to do a good job getting the word out. This becomes difficult without using the MLS.
Answering Questions
If you’ve done a good job marketing, you’ll have a lot of people calling you and inquiring about the property. You’ll have to screen the phone calls, answer questions, and set up appointments for people who want to view the home in person. It can be a lot of work, especially if you are doing a good job marketing the property and dealing with your normal family and job responsibilities.
Property Showings
Hopefully, people will want to see your home. This always means keeping it clean and showing ready at all times . Many people choose to use items to stage the house, making it more appealing to potential buyers. In many cases, the house will also need to be professionally cleaned to look its best for showings. When representing the house yourself, you will need to make yourself available when people want to see the home. And you must make sure you don’t get defensive if someone makes a comment about the house that you don’t like.
Repair Costs
Repair costs can add up quickly for a person hoping to sell their house in Connecticut. You will have to fix all the small things that have gone ignored over the years, plus any larger repairs that you feel will add more value to the home. Keep in mind that in many cases, a potential buyer will ask for even more repairs be made after the official inspection has been completed as a contingency to the sale.
Legal Responsibilities
If you decide to sell your house on your own in Connecticut, you will be responsible for all the legalities that come along with it. From the contracts to the deposit process, you will be in charge of it all, making sure everything is completed accurately and completely. Disclosures will need to be completed correctly, inspections will need to be set up and completed on time, and you will have to negotiate on what repairs are necessary to close. An experienced Realtor can help you navigate thru these issues.
Timeframes
When you choose to sell your home in Connecticut on your own, the process can take weeks or even months. The worst part is that once you’ve waited all this time, the sale can fall through due to an inspection problem or a low appraisal. This is an important issue. Selling this way provides no guaranteed sale date and can leave you living in limbo for months to come. Working with an experienced Realtor, like the ones at Venture One Realty, will help you avoid these problems.
Venture One Realty has recognized that Connecticut Homeowners need and want a way to keep more of their hard earned equity when selling their home. Our Clients save Thousands of Dollars without sacrificing the services that are critical to maximizing the sale price of their home. We offer all the same MLS exposure, marketing tools, technology, quality of service, expertise, and personal attention as the Other Realty Companies but without the costly Real Estate Commission. You pay only 1%.
We are a full service Real Estate Agency that will manage the entire home selling process from listing to closing. You get everything you would expect from a traditional Real Estate Agent but with the added benefit of working with a technology enabled and customer focused team of Agents. Our results speak for themselves.
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