Can I Sell My Home Without a Realtor?
Nov 14, 2022 | Hometown Development
You sure can! It’s not a particularly popular choice, but depending on your needs and situation, it may be the best choice. Here are some things to consider while making your choice.
Should You Sell Your Home Without a Realtor?
It’s not always the right decision to sell your home without a realtor — but it’s also not always the right decision to sell your home with a realtor. So how do you know which is right for you?
Here are a few reasons that homeowners typically choose to sell their home without a realtor:
- They want to sell their home quickly
- They want to save on some costs of selling their home
- They’re a “do-it-yourself” kind of person
Pros & Cons of Selling Without a Realtor
Now, let’s discuss some pros and cons of selling your home without a realtor.
- Save on real estate commission fees
- Sell your home faster
- Possibly avoid showings and home inspections
- Have control of the selling process (if you enjoy that!)
- May get a lower sale price than what a realtor could do for you
- Have control of the selling process (if that overwhelms you)
How to Sell Your Home Without a Realtor: 3 Options
If you think selling your home without a realtor might be the right choice for you, your next step is to figure out how to do just that — and you have options.
1. Hire a Real Estate Attorney to Facilitate the Sale
You may want to avoid working with a realtor but wish for some type of real estate professional to be involved in the sale. This is especially true if you’re selling to someone you know but haven’t fully vetted. A real estate attorney can help you complete all the necessary legal documents and contracts to ensure a smooth closing process.
2. Handle the Sale Completely by Yourself via For Sale by Owner (FSBO)
If you’d rather handle the sale all by yourself, you can choose to go the For Sale by Owner (FSBO) route. This will help you cut realtor commission costs and keep control of the entire process — but that’s a lot of work, so just be aware of what you’re committing to.
You may have to complete tasks like taking photos, pricing your home, creating your listing, advertising that listing, staging your home, hosting open houses, completing paperwork…you get the gist.
3. Sell to an All-Cash Buyer
If you want a quick, hassle-free sale, you should consider selling your home to an all-cash buyer. Cash buyers are people or businesses (most often real estate investment companies) that will purchase your home as-is. There’s no need to repair or clean anything, and there’s minimal paperwork involved. Sometimes these sales close in as little as five days.
It’s one of the easiest, fastest ways to sell your home — and that’s why we’re proud to offer it at Hometown Development.
Avoid the Realtor & Sell Your Home Hassle-Free to Hometown Development
Interested in selling your home without a realtor? We can help. At Hometown Development, we make the home-selling process easy by providing you with a fair cash offer within just 24 hours of our inspection — no tidying or staging required! Contact us to learn more about what we do, how we do it, and why we do it.