When I’m planning how to sell my home, one of the many homes I own as a real estate investor, I consider the various steps in the process of
selling a home. The first step is to locate a buyer, and after that step is accomplished the actual goal changes to getting the buyer qualified financially and getting the house appraised. Those two components can take longer than finding a buyer in the first place!
I buy and sell houses for a living as a real estate investor, so I’m familiar with the process of getting a buyer qualified and getting the whole transaction closed. It can take several weeks, even in a best-case scenario. Getting documents signed, delivered and reviewed, following up on inspectors, title companies and lenders, and making sure the buyer and seller are on track to move, can feel like managing a 3-ring circus under the big top! I might think I know everything about how to sell my home but every closing is a chance to learn something new!
Why am I telling you all this? I am trying to make one crucial point: you need more than a buyer to get a house sold. You need knowledge and patience with the process, that’s a fact. Real estate professionals get paid for their ability to assist homeowners in getting through the complexities of
selling a home, and that’s why I list with a broker sometimes myself. I know very well how to sell a house myself, but I often decide to list my house in order to get it through the closing process, my least favorite part of being an investor. I’d rather be improving yet another house in preparation to sell it than spending my time making phone calls and sending emails making sure a sale is making its way through the closing process.
So, let’s recap. You have the legal forms and you’ve acquired some knowledge, you’re thinking you have the patience to sell your house yourself, so you’re all set, right? Oh, and you’ve interviewed some brokers in the event you decide to list your home on the multiple listing service because you decide that a professional is better suited to get your sale closed properly. Looks like you are set to go ahead and get started. My congratulations to you.,
When I was starting out and just learning how to sell my home it would have been nice to have this advice upfront. It would have saved me a lot of time and money in the long run, that’s for sure!