With the real
estate market having an uptick lately, now may be a good time for owners
thinking about selling their homes to put their properties in play. For those
who do, there are several ways that money can be saved on the transaction!
Below are three ways to keep the tab down.
1. Hire a lawyer with real estate experience.
Especially for
those who are not well versed in real estate transactions, the presence of a
lawyer who’s been through the process could save all kinds of time and money
for the seller. Among other things, they can help you deal with various
financial conditions of the process and they will be able to let you know what
you are required to disclose to potential buyers, preventing future headaches.
2. Don’t work with a realtor.
This is a
no-brainer. If a seller goes through with a transaction without using a
realtor, they can avoid paying a pricey commission. However, short of
advertising strictly through word of mouth or papering a neighborhood with
flyers, some sort of cash will have to be laid out to promote the sale.
Numerous websites deal with homes that are For-Sale-By-Owners (FSBO), which
list them in exchange for a fee that can be significantly less than what a
professional realtor might charge. According to the National Association of
Realtors, 9% of all homes sold in 2012 were done through FSBO transactions
3. Don’t put everything in storage!
If you’re moving
from a larger place to a smaller one, there may not be room in the new place
for all of your old belongings. For things you might want to keep but don’t
have room in the house for then look into that, for a fee, will hold onto the belongings you
want to maintain in your possession. According to the experts at storage facility in Baton Rouge, leaving behind some nice
extras for buyers might help facilitate a deal and allow you to charge a little
extra.
There’s all kinds
of red tape attached to the sale process depending on where you live, so
selling a home is rarely a cut-and-dry process for anyone no matter how well
kept the residence may be. However, the three tips above are some basic ideas
that can help someone trying to move property avoid any pitfalls along the way.
Do you have have any questions or suggestions? Write in comment section.
