How to Sell Property Without a Real Estate Agent?

Hello Bhaavna, I was wondering how to sell a house without a realtor a year ago before I finally closed the deal a few months ago. So, let me take you through the process via which I was able to make the sale.

How to Sell Home Without Agent?

1. You should first do your research by understanding the market rates for your locality and the configuration of your house. You can do so by viewing properties which are similar to yours in terms of amenities and the locality.

2. You have to start preparing your property right away. Have it cleaned and ready for the buyers to see the property. Fix any existing issues and make sure that the property is free from any financial obligations.

3. You then need to look for ways to advertise your property and grab the interest of homebuyers. Do so through online modes by

   posting ads on real estate platforms for free

   and placing offline advertisements of your property. 

4. A tip for posting ads is to post good quality images and videos of your property to attract buyers. 

5. You can then take the proceedings further once you find a prospective buyer of the property. 

This is method for selling property without agent. I hope this will help you.

Selling real estate properties is all about proper research, preparation, and lots of effort. Though most people go to property dealers to sell their properties for them, doing it on your own isn’t difficult either. I sold my last house by myself, so let me share some tips on how to sell property without a real estate agent:

Since you will be handling the whole process from the marketing to the negotiating part, you’ll have to stay available 24/7 to entertain all the interested buyers. So, one thing that you need to have for successfully selling a property without professional help is Patience.

Determining the current market value of your property is another important task. For this, you can ask a local broker about the prices of the properties that are similar to your property in terms of built-up area, amenities, etc.

After this, you can advertise your property. I want to tell you that there are several online real estate platforms that allow people to sell their properties without property dealers. I chose NoBroker’s platform because they allow people to sell their properties without charging any brokerage fee. You can directly post a free ad for property sale without a third party.

 Plus, I did not have enough time to answer all the queries of interested buyers, I bought one of their Seller Plans. After that, they provided me a Relationship Manager and field expert, who handled all queries of buyers.

Pro Tip: If you want to increase your profit margins, then you need to get the plumbing and electrical systems refurbished, woodwork renovated & varnished, painting redone, etc.

Finally, just be sure about what prices you’re going to ask and be ready for negotiations as well. Be realistic and flexible about the asking price. This is all on how to sell real estate property.

I hope this helps you in selling real estate properties.