Are you selling a house and wondering how to do it as quickly and efficiently as possible?
The key to selling anything is having visibility. Promoting your home online is important because that’s typically where potential buyers look first.
Now you know that you need to get your home visible online to sell. How should you go about doing that? Read on to learn more about the process and how to sell real estate online here.
Choose How to Sell
Deciding to showcase your home online was step one, but now you need to determine how you will sell your home. There are two different ways that you can go about this. The first is having a real estate agent list and sell your home, and the second is you doing all of the work yourself.
Real Estate Agent
You can enlist the help of a real estate agent. To get the most exposure, listing your home on a multiple listing service (MLS) is key.
In order to do this, you need to work with a licensed real estate agent. They can post photos and a detailed description for people to see, along with passing information along to any clients they have that might be interested. Hatch Realty is an excellent option if you’re looking for a real estate selling agent to help you with the process.
Using a real estate agent comes with the cost of paying their commission fee when your home sells, but this option gives you the best chance for visibility.
Another option for selling online is selling yourself and listing it as for-sale-by-owner (FSBO). It’s possible to get it on an MLS, but you will need to pay a flat-rate fee to do so.
The other avenue you can take is listing it for free on sites such as Craigslist or Facebook, but your audience will be severely limited in this case.
Keep in mind, too, that you will need to come up with the listing price and handle negotiations on your own throughout this process as well.
Know the Steps to Take
Whether you choose to have a real estate agent handle the selling process, or you choose to do it yourself, there are steps that need to be taken to buy and sell real estate. The five steps listed below are the main ones.
Step 1: Determine a List Price
You will need to choose the price you want to list the home at. To do this, base it on the market and how similar homes in the area have been selling.
Step 2: Get Your Home Online
The home needs to be posted online either on an MLS or a free site. Either way, being present online is the single best way to get people to view your home.
Step 3: Show the Home
You will need to allow people to see the home in person to determine if it’s right for them. You can do this through a mixture of open houses and private showings.
Step 4: Handle Negotiations
Once offers come in, you will need to determine if you will accept, counter, or reject. Many factors contribute to what makes a good offer, so you will need to know how to discern one when you see it.
Step 5: Close the Transaction
An accepted offer isn’t the finish line. You still need to work with the lender and inspectors and finish by closing.
There are many little steps that go into selling a home, but these are the major steps that need to be taken when you sell real estate online.
Sell Real Estate Online with Confidence
If you’re considering selling real estate, it’s important to know how to sell real estate effectively.
This article outlined the two most common ways to sell real estate online, either using a real estate agent or selling it yourself.
It also highlighted the five main steps that go into selling a home so that you know what to expect either way.
If you enjoyed this article, make sure to check out the other interesting articles that we have on our site as well.