Selling Property

Are you sure you can sell a house without a realtor in Florida?

Selling a house can be quite an intimidating process but there are times when you wouldn’t want to hire a realtor to complete the sale. It is not that it is impossible to grab a lucrative offer for you home as all you need to do is put up the “House for Sale by Owner” sign or the FSBO. Hence you can commonly find home sellers in Florida who have already sold their houses without the help of realtors.

sell a house

However, before you put up a sale house in Orlando, there are several factors that you need to keep in mind. To avoid letting realtor commission eat up your profit, here’s what you should know about selling your home without a realtor.

Figure out the realistic costs of selling a house

Even though you sell your house without a realtor, there will still be some costs associated. Each state has a list of fees that sellers are bound to pay and these costs are usually added during closing. The costs included are title insurance, costs that cure any defects and safeguard you in case there is a discrepancy with the title in the near future. So, when you plan to sell without the help of a realtor, you may hire a real estate attorney.

Promotion will be all by yourself

You can’t deny that you’re at a gain with regards to marketing when you work with a realtor. He does a lot of heavy promotion on your behalf. Nevertheless, if you plan to sell your house on your own, you can’t forget that you’ll be the one liable to market the entire procedure. Post pictures of your home on as many selling sites as you can and also do word-of-mouth marketing in your locality.

Get a clear idea about the local market

When you work with experienced realtors, they have a clear idea of the amount your house will sell for. Now that you choose to work without a realtor, you can’t do that unless you have a clear idea of the local Florida real estate market. If yours is a pricey house, you can be prepared to see it sitting on the market for several months before it finally sells off. On the contrary, if the price is low enough, you may end up losing on some profit.

Know the home selling laws relevant in Florida

With regards to real estate, every state has its own laws, so does Florida. When you sell your home in Florida, you should have a clear understanding of the laws of home selling. The few things that you should reveal to your buyers in advance are whether there are any appliances that need repair or any electrical or plumbing system with major defect.

Therefore, as you get to know the market and weigh the pros and cons of selling your home without a realtor, go for it. Follow the tips given above as a guide to help you through the entire process of selling your home.

Judith Barnes

Music scholar. Writer. Alcohol evangelist. Analyst. Unapologetic coffee geek. Tv junkie. In 2009 I was developing strategies for hula hoops in Las Vegas, NV. Spent 2002-2009 training sock monkeys in Mexico. Spent the 80's short selling yard waste worldwide. Have some experience developing yard waste in Africa. Spent several months exporting mosquito repellent in Jacksonville, FL. Lead a team building robots in West Palm Beach, FL.

Related Articles

Back to top button