Can I Sell My Own House?

by David Stewart (other articles by David Stewart)

The simple answer is yes you can.

What? Real estate agents can’t say stuff like that. Can They?

Yep. There is absolutely no doubt that with the tools available that many people in the community have the capacity to sell their own homes.

Why would I say that? Simply because it’s true. I could go on and on about how you need an agent and you will stuff it up royally if you don’t use one but, meh, I don’t have time for bullshit.

If you want to sell your own home go ahead, have at it.

What do you need to do this? First thing you need is time. You will have to organise inspections, put boards out and return a heap of phone calls and emails. Cool with that?

Sorted. Next you will need a keen knowledge of the market. You will want to understand what has sold and for how much. You will need to know how long stuff typically stays on the market and you will need to know pricing trends to better position your property in the market to make it competitive and attractive to the available buyers.

Once you have all that under control you need to choose which DIY Company you are going to use. You need these people because they will give you access to the major portals and if you haven’t planned on listing your home on these sites go smack yourself in the head now so I don’t have to do it.

When you have that locked away choose your photographer and someone to prepare floor plans for you. Then you will need someone to write some kick arse copy and get your brochures created, proof read and printed.

For crying out loud don’t ever just print crap off your home computer and call it good, your house deserves way more effort than that.

Once this is all under control walk yourself into the bathroom, face the mirror and spend 2 hours telling yourself every mean, nasty and derogatory thing you can think of about your property. This will prepare you a little bit to deal with buyers. You know that guy that seemed really interested when you showed him through? When you ring him back he’s going to treat you like crap because you have just interrupted his busy work day so just accept it, it’s going to happen – a lot.

Familiarise yourself with contracts, Vendor statements and relevant property law and pay very careful attention to any special condition clauses like finance or building inspections, you’ll need to know your way around those like a pro. Mess these up and you could find yourself paying lawyers thousands upon thousands to fix your mess.

Got all that stitched up?

Epic, you’re good to go. Have fun.

07th September, 2016

Notify me of replies to my comment.