In How to Sell a House by Owner, Part 1, we pointed out the all important hand painted, pink fluorescent signs. They work! I have had as many as 250 flyers taken from the flyer box in a single weekend. For me, that has been the magic bullet on how to sell a house by owner and get a swift house sale.
It requires considerable time to create the signs, and to stick them on all of the corners within your neighborhood, but trust me when I say to you, your problem will not be, "not bringing in enough lookers".
In case you are at all like me, or wish to be like me, in the sense that you do not want to use a Realtor to sell your property, as soon as you get the buyers looking through your house, then you definitely have some different techniques to select from.
Listed here are the ways savvy Real Estate Investors intelligently and creatively trying to sell their homes repeatedly without using a Realtor. In this down real estate market it just could be time for you to utilize some of the same secrets.
* First: Once you have had the lookers walking through your house, now it is time to make the best deal that you can, and then fill out a Purchase & Sales Agreement and open up escrow.
* The second method gets a bit more creative. This is called The 9-Day Highest / Best Bidder Sale. Your home will sell in 9 days. You merely do not know exactly how much the price will be.
Have a minimum of two one-hour open houses during two weekends and 1-open house in the middle of the week. Take bids on the house and on the last day at 5 pm, you start the rebidding process and then sell to the highest bidder (if you choose to accept their offer).
* The third technique is the Transferable Seller Financing Approach. This gets considerably more in-depth and very creative, but it is just another tool you can make use of if you need to be creative to get a quick sale.
* The fourth technique is the use of a Lease with an Option to Purchase. This approach will get a person into the property quickly, alleviating you from the burden of having to make the house payments, and it gives the potential buyer a given time frame to actually purchase the house.
* And, the fifth technique, should you be behind on your house payments, is utilizing a Short Sale.
That is one way on how to sell a house (by owner), and get a quick house sale, without using a Realtor (however, with the Short Sale, a Realtor might be included in this approach). Of course, if you are looking to get the very best possible price for your home, then your home should be in "Model Home" condition. Anything less will attract a lesser sum for your house. If your home is a fixer-upper, then price should not be the most important issue, but selling quickly might be.
When you start thinking like a Real Estate Investor, you will discover how to sell a house by owner, and perhaps have a high probability for a quick house sale, and attract a greater profit for your efforts.
Learning how to obtain or sell a residence in this real estate market suggests doing it like a real estate investor. I would only acquire a home way below current market value. It only makes sense to discover How to Buy a Home Short Sale. Regarding how to sell a house by owner, you need to discover all of the real estate investor secrets.