Selling a home without a realtor can be a challenging process that requires a lot of legwork and preparation. Pricing your home correctly and having contingencies in place for a home sale are just a few of the things you need to think about before selling. Once you've completed all of these steps, it will be easier to secure a buyer so here is Del Aria Invesments & Holdings for you.
Selling a home
Selling your house fast Fairfax Va a realtor can save you money on commission fees, but be prepared for the amount of work involved. A realtor in Virginia charges about 2.5% of the sales price, so if your home is valued at $370,000, this commission would cost you around $17,400. Selling a home without a realtor is best suited for experienced sellers who are able to sell the property without a lot of hassle.
First, you must prepare all of the necessary paperwork. You will need to prepare the closing documents and a purchase agreement. These documents will be signed by the buyer and the seller. The closing process may take place in person at a title company or virtually. Failure to provide all of the necessary paperwork could lead to problems after the deal closes. Once the closing is complete, you can hand over the keys to the new owners.
Contingencies in a home sale
In many cases, the contract that is signed when you sell your home without a realtor includes contingencies. These are conditions that the buyer must meet before they are obligated to buy the home. Some of these include waiting for a home inspection report, appraisal, and any co-buyer's consent. In some situations, there is a deadline for the sale. If you miss the deadline, you will not get your earnest money deposit back. If you miss a deadline, you can also breach the contract and the seller can seek damages.
A home sale contingency is often a good idea for a seller, especially if their property has been on the market for some time. Although this may make it less attractive for other buyers, it will still help the seller get a higher price. For this reason, buyers should try to limit the amount of time a home remains on the market.
Getting a real estate agent to help you
If you're considering selling your home in Fairfax Virginia, there are many benefits to using a professional real estate agent. These services can help you save time and money, and they can make the selling process go smoothly. These agents specialize in different areas and offer different types of services. Some will focus on one aspect of selling a home, while others may offer a full range of services.
Getting a real estate agent is an excellent way to maximize the amount of money you earn when you sell your home. Agents who operate on a low commission fee model can help you get top dollar for your property. For example, Clever Real Estate negotiates 1% listing fees and a flat fee of $3,000 for homes that sell for less than $350,000. Clever Real Estate's flat-fee program allows you to get a full-service agent for a fraction of the normal price.