If you're thinking of selling your home on your own, you might be feeling a mix of excitement and anxiety. On one hand, you'll save money on commission fees and have more control over the sale. On the other hand, the process can be overwhelming and time-consuming. Be sure to review our sellers guide as well for an overview of the process!

Home Prep and Listing

First, do your research and familiarize yourself with the current real estate market in your area. This will help you determine a fair and competitive asking price. Pricing is very important to get you the most exposure to potential buyers, if it's not priced properly you may miss out on your best opportunity to get the perfect buyer. Next, spruce up your home with a fresh coat of paint, declutter, and stage the space to make it attractive to potential buyers. Your presentation of the home is one of the most important things in the successful sale. The buyers need to be able to picture themselves living in your home!

You'll also need to handle the marketing and advertising of your home, which can be challenging if you don't have experience in this area. Consider taking professional photos, creating a website or virtual tour, and utilizing social media and online listing platforms to reach a wider audience. Some of the best sites to have your home listed on include Realtor.com, Zillow, ForSaleByOwner, Trulia, and you can even pay a fee to have it listed on the MLS.

Escrow and Negotiations

During the negotiation process, it's important to be objective and reasonable. Don't let emotions get in the way of making a fair deal. And be prepared for potential roadblocks and obstacles that may arise. You will likely need to deal with inspection objections, appraisal objections, lending objections, and buyers objecting to literally anything they want to. If they are working with an experienced agent, just be ready for them to get as much as they can for their buyer.

Once you get through all the negotiation phases, you need to make sure the house is ready for the new buyer to move into. As a seller you need to be sure you are leaving the home in the same condition or better than when the buyer originally saw it, otherwise they can pull out of the deal literally the day before closing. Closing is also another great topic of conversation, make sure you have a good title rep to help you through all of the legal document transfers. One thing they won't be able to help with is any title objections and guiding you through reviewing the title commitment documents - these are extremely important to review carefully!

Always Ask for Help!

While selling your home on your own can be rewarding, it's also important to consider the benefits of working with a real estate agent. An agent has the experience and expertise to navigate the process and can help you avoid common pitfalls. They also have access to a network of potential buyers and can negotiate on your behalf.

If you're unsure about whether to go it alone or enlist the help of an agent, it's always a good idea to consult with a professional. They can provide valuable insights and guidance to help you make the best decision for your situation. So, while selling your home on your own may seem appealing, don't hesitate to reach out to an agent for support.

Be sure to check out our other blog posts and our YouTube Channel for more content about moving to and living in Denver, CO. If you are thinking about Denver as an option to buy, sell, or invest, or you are interested the surrounding neighborhoods be sure to get in touch with Ashton, Shane, or Chad! Call our office today - (720)739-0691