Selling Without a Broker
Acting as your own broker is a tough decision but putting into mind the savings you’ll have when hiring one, roughly 5% of it. Here are some basic guides that would help you act as your own broker and basically set your real estate as FSBO or For sale by Owner.
1. The important step you must first make is pricing your property. And the best way to do it is hiring an independent appraiser.
2. When all is ok, time to Advertise. You can do it in different ways, through the net, newspaper ads, putting a “For Sale†sign or word of mouth.
3. Have an open house, where buyers get to see what they are getting for
4. Find a good real estate attorney to help you on the paper works
5. Check the Contract of Sale, it should have the agreed price, both party’s name, and the closing date
(image source : businessweek.com)