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How to Sell a House in this Down Real Estate Market without Using an Agent - Part 1

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By : Trevor McNichols    99 or more times read
How to sell a house by owner is the way a great number of real estate investors sell their houses. Before I reveal to you how to sell a home by owner, you ought to know the basics first. As a real estate investor, I have never used a real estate agent to obtain or sell virtually any formerly lived in home. Honestly, realtors just slow down the process, and in addition they want excessive amounts of money for doing so.

Educated real estate investors roll their sleeves up and complete the job themselves, and most likely, at least for me personally, I get a quick house sale. Undoubtedly, there is always that one home that takes longer to get rid of than expected, and thereís invariably that one house that I imagine will require a long time to sell and it sells in just one day, but as a rule I sell them inside of days or a couple of weeks. I even offer an approach that sells a property in 9 days.

Are you aware that around 80% of the homes sold are sold to individuals who already reside in the same neighborhood? So doesnít it make sense to let every person close by your neighborhood know that your property is For Sale? It may take some work on your part, but if all goes as planned, that bit of work may yield excellent results.

Most FSBOs, despite the fact that the homeowner is trying to sell, a large number of them have no idea of the many ways to sell a home by owner. I would say that most of them sell as a FSBO simply because they are trying to save the realtor commission. I donít blame them, but many do not know how to sell a house like the real estate investors do it.

What many trained investors do is place anywhere from 1 to 4 hand painted signs in the front yard. I then create flyers that tell all the details a potential buyer must know about the home, and about how I am selling it. I affix the flyer box to the front porch, or on a stake close to the front door. Always keep the box stuffed with flyers, donít allow it to needlessly run out of flyers like most realtor flyer boxes, and at all times make people get out of their cars and walk up towards the front of the house to grab a brochure. Why? Because, in the event the house is vacant, I need to attract every prospective buyer to peek through the windows just for them to get a closer look. Make certain you leave your blinds or curtains open.

You may not believe this, but I visit a sign shop and I actually purchase white blank coraplast signs, the size of a regular realtor sign. I buy different color paint pens from an arts and crafts store. Next, I head over to the hardware store and purchase an aerosol can of pink florescent paint. Lastly, I hand-paint the signs in a variety of colors and I spray the edges with the pink florescent paint. It stands apart like nothing you've ever seen! Plus, it is especially important that prospective buyers believe theyíre dealing with an unskilled homeowner. Then, I place the signs around the front yard and on all 4 corners of the four major intersections in the vicinity of my house. I splatter the neighborhood with the signs so every person traveling within one mile of my property knows itís For Sale.

The pink florescent boarder on the white signs with all the bright colored words just draws your eyes to it. It just dares buyers to come take a look. ALWAYS place your phone number on the signs and have arrows directing people directly to your front door. Every buyer that has purchased a property from me in the last 9 years, was found by my signs. The ways on how to sell a house by owner is by using hand painted signs. It works, at least for me! I normally place an advertisement in the classified section of the local paper too, but never have I sold a home from the paper. I keep trying, but no luck yet.

There are different approaches that I use for selling my homes. We're going to go over them in Part 2 of this 2 Part series, but how to sell a house by owner is to bring the potential buyers right to the front door with the handpainted signs.

Realizing how to buy or sell a house in this real estate market suggests doing it like a real estate investor. I would only acquire a home way under current market value. It only makes sense to find out how to buy a home on Short Sale. Regarding how to sell a house by owner, you need to discover all of the real estate investor secrets.

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