Confused about selling your house? This article busts myths, compares agents vs online vs DIY, and helps you pick the best way to sell for the highest price and less stress.
Selling a Home: Simple Steps to Keep More Money in Your Pocket
If you're ready to sell, the first thing you want is a good price and low costs. The good news is you don't need a big agency to do it. By knowing a few tricks, you can avoid pricey commissions, set the right asking price, and move the sale along quickly.
Cut Realtor Fees Without Losing Service
Many sellers think they must pay a full‑service agent’s 2‑3% commission. That's not true. You can negotiate a lower rate, use a limited‑service listing, or even go FSBO (for sale by owner). A recent guide shows sellers can save thousands by asking agents to lower fees or by paying a flat fee for marketing. If you find a buyer yourself, you may only owe a rebate to the buyer’s agent, which can be as low as 0.5%.
Know Exactly What Your Home Is Worth
One mistake that costs sellers money is over‑ or under‑pricing. Start by checking online estimates like Zillow’s Zestimate, but treat them as a rough guide. A better move is to compare recent sales in your neighbourhood, adjust for size, upgrades, and condition, and maybe hire an independent appraiser for a few hundred pounds. Knowing the true market value helps you set a realistic price and avoids long‑lasting listings that scare off buyers.
When you list, include clear photos, highlight upgrades, and be honest about any fixes needed. Buyers appreciate transparency and are more likely to make an offer quickly. Also, be ready to negotiate on closing costs. In places like North Carolina, typical buyer and seller closing fees differ. Knowing who usually pays which fees lets you plan ahead and maybe ask the buyer to cover some items.
Another way to keep costs down is to time your sale right. Spring and early summer usually bring more buyers, which can mean higher offers and less need for price drops. Keep an eye on local market trends – if inventory is low, you have more leverage.
Finally, don’t forget paperwork. A simple purchase agreement, a clear title search, and a reliable solicitor can prevent headaches later. Many sellers try to cut corners here and end up with delays or legal fees. Investing a little time now saves bigger problems at closing.
Selling a home doesn’t have to drain your savings. By negotiating fees, accurately pricing your property, and handling the paperwork yourself where possible, you can walk away with more cash and less stress.