FAQs
- What
is the MLS? - MLS stands for Multiple Listing Service. It is the
database of homes for sale that is linked to nearly all of
the
internet searches
for homes. If you want people to know your house is for sale, the MLS
is where is needs to be.
- How
can listing my home on the MLS help me sell my house?
- Simply click
the Get Started Now link at the bottom of the page.
- How
do I transfer title?
- Transferring title will happen at closing. The title
company will walk you through the process and have you sign all the
right papers.
- How do I manage the closing?
- This is probably the biggest concern about selling your own home.
There really isn't much to it. You show up at the title company will
walk you through the process and have you sign all the paperwork.
If you would still like someone there to represent you, one of our
licensed real estate
agents
will
assist
you for a
small
fee.
- What are the advantages of listing your home with TheSellersAdvantage?
- You will save thousands of dollars by listing your home on the MLS
through TheSellersAdvantage.net versus having a full service real
estate agent list your home.
- There is no Seller’s Brokerage Fee (commission) to be paid.
Most advertising is accomplished with the MLS (everyone looks
on the Internet to find your home), so there is very little other
advertising expense. You will have to pay a commission ONLY to the
broker who helps the buyer find the house. This commission is usually
no more than 3% and you can negotiate the rate when you first meet
the buyer's agent. If the buyer happens to find it on the internet
themselves without a broker,
then
you
won't
have to pay any commission.
- You are in total control of the transaction.
- How Much is My Home Worth? - You can walk around the neighborhood
and see what similar houses are going for. Or for a small fee, we
can perform a CMA, or Comparative Market Analysis for you.
- Pricing your home correctly can be tricky: do you want a fast sale?
are you willing to hold out for a higher offer? We can assist you
in these decisions as we have years of experience correctly pricing
homes for sale.
- You do not want fall victim to a seller's biggest mistake
and not price your home correctly, because the first two weeks on
the market
are crucial. That's when buyers' interest levels are the highest.
Preparing Your Home to Sell
- Gone are the days of selling homes with unmade beds, dishes in
the sink and toys scattered throughout. Today's homes must be spotless
and resemble
a model home.
- Before you begin to prepare your house for sale, examine the home
from a stranger's viewpoint. Ask a friend to help, who might be more
removed
from your attachment.
- Consider spending money on improvements, fixing things that don't
work and making repairs before selling to improve your profit.
- Do not underestimate the power of home staging. It can mean the
difference between selling now for more money or not at all.
- Pets in the home present its own set of challenges. It's harder
to sell a home where pets live.
Marketing Your Home
- Avoid marketing mistakes by being flexible with showings, offering
incentives to buyers and obtaining buyer feedback.
- Seasonal sales require unique approaches. The way you would sell
in spring is very different than selling in winter.
- If you decide to offer a commission to selling agents, you will
want to put a lockbox on your premises for easy access by agents
when you
are not home.
- Follow these tips for how to hold an open house, and remember that
in some areas, Saturdays are just as popular as Sundays.
- Hire a good photographer to shoot a virtual tour with at least
two to four spins of your house, and advertise the virtual tour link
in your
marketing materials. We can provide virtual photography for a small
fee.
Resources
- How
to Sell your home without a Realtor (document with step by step
process)
Important Forms and Documents (need description of each)
Sellers Disclosure, http://www.trec.state.tx.us/pdf/contracts/OP-H.pdf
Sales Contract, http://www.trec.state.tx.us/pdf/contracts/20-8.pdf
Lead Paint Disclosure (homes built before 1978), http://www.trec.state.tx.us/pdf/contracts/OP-L.pdf
Seller’s financing Addendum, http://www.trec.state.tx.us/pdf/contracts/26-5.pdf
Third Party financing Addendum, http://www.trec.state.tx.us/pdf/contracts/40-3.pdf
|