I need tips to sell my house by myself. The same house in my neighorhood just sold for 230K with a realtor and another sold for 225K. I am a teacher so I have the whole summer to sell it. I have put an ad in the paper for 220K and have had no showings. I live in Las Vegas where houses have been typically selling in a few hours with multiple bids and for over the asking price. How do I get showings? Did I not price the property correctly? What other strategies do I need to use? I would really appreciate any help you can give me.
Get your house on MLS before you do anything else!
There is a misconception that realtors charge astronomical fees to sell your home. A few are very successful, therefore wealthy. On the whole, however, most earn a fair to moderate living after paying multiple fees for licenses, errors & omission insurance, advertising, broker and co-broker commissions, and an occasional refrigerator or cash shortage for a disgruntled buyer or over-financed seller. When you try to sell your house at a discount through a realtor, you remove the incentive for another realtor to show yours to a potential buyer. Why sell yours for 4% when another listing will pay 6%?
2 posts, 2 voices
dolsonk writes, Apr 23, 2007: (8 posts)
I need tips to sell my house by myself. The same house in my neighorhood just sold for 230K with a realtor and another sold for 225K. I am a teacher so I have the whole summer to sell it. I have put an ad in the paper for 220K and have had no showings. I live in Las Vegas where houses have been typically selling in a few hours with multiple bids and for over the asking price. How do I get showings? Did I not price the property correctly? What other strategies do I need to use? I would really appreciate any help you can give me.
atzamore writes, Apr 23, 2007: (1 post)
There is a misconception that realtors charge astronomical fees to sell your home. A few are very successful, therefore wealthy. On the whole, however, most earn a fair to moderate living after paying multiple fees for licenses, errors & omission insurance, advertising, broker and co-broker commissions, and an occasional refrigerator or cash shortage for a disgruntled buyer or over-financed seller. When you try to sell your house at a discount through a realtor, you remove the incentive for another realtor to show yours to a potential buyer. Why sell yours for 4% when another listing will pay 6%?