Selling your house is a task you might undertake only a few times throughout your life. Unless you happen to have a local Lagrange real estate agent willing to sell your house for no charge or at a significantly reduced commission, the process can indeed be quite cumbersome and financially burdensome for you.
So… you landed on this page about “How to sell your house by yourself in Lagrange GA” because of a few reasons I’m guessing…
- You might possess minimal or no equity in your house, making it challenging to afford the commissions charged by real estate agents.
- You have equity but want to try to save money selling the house yourself before you resort to hiring an agent
- You’re in foreclosure (or heading that way) and just need to sell fast without incurring thousands in agent commissions
- You can’t wait the months and months it sometimes takes to sell a house in the Lagrange area in this market so you want to try to sell it more quickly
No matter which situation you find yourself in, there are methods available for you to sell your house independently within the local Lagrange real estate market.
Since 2013, the housing market has undergone a significant rebound. Selling your house during this period can certainly yield profitable results if executed effectively. Often, success hinges on employing astute marketing tactics and maintaining a practical perspective regarding your desired outcomes from the sale.
This article will provide some guidelines to help you sell your Lagrange area house yourself.
How To Sell Your House By Yourself In Lagrange GA – Let’s Dive In
Know The Lagrange Real Estate Market Well
The initial and foremost step entails conducting thorough market research within your Lagrange, GA neighborhood. This process encompasses exploring various online platforms dedicated to home marketing (Zillow, Eppraisal the Chase home value estimator, etc), calling a real estate agent or two to see what your home is worth, or reading about the various market pricing techniques.Proper homework on these issues will allow you to come up with a right price for your house and also helps you to avoid making certain selling mistakes.
If you prefer not to go through the process of determining your home’s value on your own, feel free to reach out to us at 706-918-9133. We’re prepared to provide you with an honest and equitable valuation of your house’s worth on the traditional retail market (in case you’re willing to wait for 3-6+ months to find the ideal retail buyer). Alternatively, if you’re interested, we can present you with a reasonable all-cash offer for your house, offering you the choice of a swift sale (we can finalize the transaction in as little as 7 days, if you opt for it).
Asses the market
This stage is akin to performing market research, but it’s more localized, focusing specifically on your neighborhood and comparable properties. Are there numerous houses currently listed for sale within your Lagrange neighborhood? If so, what’s the average listing price for those properties? Additionally, are there a significant number of foreclosures in your neighborhood? This factor could potentially have a downward impact on your house’s price.
Asses the house
As a seller, it’s crucial that your house is presented in excellent condition to command a favorable price. Highlight specific distinctive features that set it apart during the marketing process. For instance, in a Lagrange, a property with a driveway parking option might be more appealing to buyers than one with garage parking.
Moreover, consider the condition of your house. Are there any necessary repairs that need attention? Is a fresh coat of paint required either internally or externally? What’s the state of the roof? How well-maintained is the landscaping? Is your house showing signs of being outdated, like the presence of popcorn ceilings? These factors can sway a buyer’s perception of your property, which consequently impacts the price they are willing to offer.
After considering all these factors, determine an asking price for your Lagrange home that strikes a balance. It shouldn’t be so high that it prolongs the selling process to around 12 months. Instead, aim for a price that is appealing enough to draw a surge of interested buyers who are motivated to make a swift purchase.
Use Photos or Videos
Buyers in Lagrange have a strong affinity for media content. Creating walk-through videos of your house and utilizing these videos for advertising can help you reach a broader audience. Notably, these videos are often deemed more transparent than mere photographs. However, this doesn’t mean you should disregard using photos altogether, as they offer a more cost-effective alternative to videos.
Therefore, it’s advisable to capture high-quality photographs. Take pictures of each room within the house that accentuate its features. Capture multiple angles of the house’s exterior; potential buyers often want to see the property before scheduling a visit. Having impressive online images of your house can potentially expedite finding the right buyer and make the difference between a swift sale and a prolonged waiting period.
Get Your House “Listed” On The Local Lagrange MLS And Market It
Currently, it’s possible to locate real estate brokers who offer no or low fees. These professionals might charge a modest amount, often a few hundred dollars, to list your house on the local Lagrange MLS. This approach swiftly exposes your house to a wide range of real estate agents. However, be ready to compensate the “buyers” agents with a 2-3% buyers broker fee if you intend to secure their assistance in locating a buyer for your property.
Place ads in the local newspaper, signs on the roads, and hold an open house.
All Of This Sound Like A Lot Of Work To Sell Your Lagrange House Fast Yourself?
It can be.
And in the end, many Lagrange house sellers think they’re saving money and time by marketing the house themselves… when in the end it costs them more money to go that route.
When you sell your own house here are some things you need to consider…
- If you’re not a good marketer or if you’re not inclined to invest a significant amount of time into marketing your house, selling it on your own might not be the most favorable option for you.
- In case you fail to adequately prepare the house, create effective marketing materials, and engage with buyers to highlight the value of your house, there’s a possibility that you might end up selling the property for 3-8% less than what an experienced individual could have secured for the same house had they managed the marketing on your behalf.
- Many sellers tend to overlook holding costs and opportunity costs. Each month your house remains unsold leads to additional expenses: mortgage payments, taxes, insurance, utilities, and more. For instance, if your monthly mortgage payment is $1,500 with $1,300 going toward interest, and it takes 7 months to sell the house, that results in an additional cost of $9,100 (not to mention taxes and insurance during that period). Given this, it’s worth considering whether offering a discounted price to a buyer today in exchange for a quick sale and moving on would be a logical choice, considering the circumstances.
If you prefer to avoid the inconvenience of attempting to sell your Lagrange house on your own and instead want to swiftly sell it for a reasonable price without incurring any commissions or fees…
… here at Flagship REI we actually buy local Lagrange GA houses.
We’d love to make you a fair, NO OBLIGATION and NO HASSLE cash offer on your house.
We have the capability to facilitate a fast closing, with the option to finalize the transaction in as little as 7 days if you choose. This could potentially save you thousands of dollars compared to attempting to sell the house independently and enduring months of waiting.
Also, when we buy local Lagrange houses We take care of all necessary repairs ourselves, covering the costs entirely. This relieves you of any concerns regarding those repairs.
If you want to see what we can pay for your house, give us a call today at 706-918-9133 or just fill out the quick simple form through the link below.
Joke of the Day:
What do cows read the most?
Cattle-logs.