You can sell your house in many ways, and it can involve agents or directly involve the buying company. Before trading, you should have a complete layout about selling your home.

Steps if the agent is involved

  • You are choosing an agent and deciding to sell. The agent will be responsible for advertising, showing, and meeting all legal requirements for selling the property. Plan your property’s listing, showing, and sale.
  • The next step is to determine the selling price and property inclusions. A seller can determine the property’s market value by self-valuing it or using a third party, like a real estate agent, to get an accurate estimate.
  • Based on current market and area trends, the property’s location, size, age, and characteristics will be evaluated.
  • Convene a deal with your agent. Any commissions, the anticipated sale price, the agreement’s duration, advertising costs, and the procedure will all be outlined in this legally binding contract.
  • Prepare the Contract of Sale and Vendor’s Statement for your property through your attorney or a conveyancer. These will contain all the necessary information for potential buyers.

Steps if the agent is not involved

  • Issues with inspections frequently bring on delays in closing. About 24% of home buyers, according to the National Association of Realtors, claim that their property failed the initial examination. If you sell your house to a cash buyer “as is,” they may not require you to make any necessary repairs found during the home inspection. A home inspection could be skipped entirely by some cash buyers.
  • You won’t have to deal with the stress of hosting an open house or showing your home. Put the cleaning supplies away, and don’t worry about cleaning up. There is no immediate demand for a showing with a cash sale. If you don’t have to make your kids and pets go away for an hour, think how much time you’ll save in your whole week.
  • You won’t need to repaint rooms or get estimates from contractors because this is an as-is situation. You can skip cosmetic upgrades that make your home more marketable and attract buyers. Decluttering, staging, painting, and updating hardware and fixtures are all out of the question.