There are a lot of decisions that must be made when it comes time to sell a home. While many people sell their home with the assistance of a realtor, other people choose to take the process on by themselves and list their home as “for sale by owner.” This is becoming a popular option because of the resources available on the Internet and because it is much less expensive. However, it may also be more difficult, especially for those who are not well-versed in the real estate world. It is crucial that you are prepared and informed when you try to sell your home in this way.
It is important that you list your home at a reasonable and realistic price. If you are unsure of what price to list your home at, you may want to look at similar homes in your neighborhood that are for sale. If you have a 3 bedroom, 2 bathroom home, you should list it at a similar price as other 3 bedroom, 2 bathroom homes. If you try to sell your home for much higher than comparable homes, there is less of a chance of selling in a timely manner. It is also important that you are well-informed about the statistics of your home. Potential buyers may want to know the square footage, property lot size, information about the taxes, and anything else pertaining to the property. If you don’t have the information, potential buyers may choose to look elsewhere.
If you do not sell your home using a real estate agent, you should at least hire an experienced real estate attorney who can provide you with assistance during the transaction.
Juan C. Velasco, Esq. is a trusted attorney who has been serving the New Jersey area for over 25 years. If you are in need of experienced legal counsel, please contact Velasco Law Office and we will be happy to assist you.