Understanding how to sell your house by yourself in Arizona can be a little tricky to learn. Selling your house is something you’ll have to do maybe just a few times in your life. And unless you know a local Arizona real estate agent who will sell your house for free or a hugely discounted commission… it can be a real pain in the rear and an expensive process for you as well. Keep reading to learn how to sell your house by yourself in Arizona the best ways.
So… you landed on this page about “How to sell your house by yourself in Arizona” because of a few reasons I’m guessing…
- You have no or very little equity in your house so you can’t afford to pay a real estate agents commissions
- You have equity but want to try to save money selling the house yourself before you resort to hiring an agent
- You’re in foreclosure (or heading that way) and just need to sell fast without incurring thousands in agent commissions
- You can’t wait the months and months it sometimes takes time to sell a house in Arizona and in this market so you want to try to sell it more quickly
Whatever one you land in… there are ways to sell your house yourself here in the local Arizona real estate market.
Since 2013, the housing sector has been experiencing a major recovery. Selling your house at this time will definitely be profitable if you do it right. In most cases, it is about using smart marketing strategies and being realistic about your expectations on what you want to achieve with this sale.
This article will provide some guidelines to help you sell your Arizona area house yourself.
How To Sell Your House By Yourself In Arizona – Let’s Dive In
Know The Arizona Real Estate Market Well
The first and most important step is doing a market research on your neighborhood in the Arizona area you are trying to sell in. This step involves visiting various home marketing sites (Zillow, Eppraisal the Chase home value estimator, etc), calling a real estate agent or two to see what your home is worth, or reading about the various market pricing techniques.Proper homework on these issues will allow you to come up with a right price for your house and also helps you to avoid making certain selling mistakes.
If you don’t want to hassle with trying to come up with a home value yourself… give us a call at (480) 444-2274 and we’ll give you an honest fair valuation of what your house is worth on the retail market (if you’re going to wait the 3-6+ months to find the perfect retail buyer). And if you want to… we’ll make you a fair all-cash offer on your house to give you that option of selling quickly (we can close in as little as 7 days if you want to).
Asses the market
This step is almost similar to conducting market research, only that in this case, you are bound to your neighborhood and similar houses. Are there lots of houses for sale in your neighborhood here in Arizona? If so, what is the average that they are listing for? Are there lots of foreclosures in your neighborhood? That may drag your house price down.
Asses the house
As a seller, your house should be in top condition or shape in order to sell at a good price. Identify certain unique characteristics about it and emphasize them during the marketing. For example, in Arizona, a house with a drive way parking may be more attractive to buyers compared with one with a garage parking.
Also, does your house require repairs? Does it need to be repainted inside or out? How is the condition of the roof? Is the landscaping in good shape? Is the house outdated at all? (you know, those popcorn ceilings ;-). All of these things can make the house more attractive or less attractive depending on the buyer… which changes the price they’re willing to pay.
After all of this… come up with an asking price for your Arizona home that is fair… isn’t so high it’ll take you 12 months to sell the house… but is attractive so you get a frenzy of buyers who are ready to buy it quickly.
Use Photos or Videos
Arizona buyers are obsessed with media. Taking walk-through videos of the house and using the videos to advertise will enable you to reach a wider market. In fact, these videos are considered more transparent than taking photos. However, this should not stop you from using the latter option since it is more affordable compared to the video.
So take some great pictures. Take a picture of every room in the house that helps show it off. Take a picture of the house from the outside in a few different angles… people want to see the house before they ever show up to see it. So having great pictures of your house online could be the difference between getting the right buyer quickly… and waiting months and months to sell.
Get Your House “Listed” On The Local Arizona MLS And Market It
You can find no or low fee real estate brokers these days who will charge you a few hundred bucks to put your house on the local Arizona MLS. This gets your house in front of all of the real estate agents quickly (so be prepared to pay those “buyers” agents a 2-3% buyers broker fee if you plan to have their support in helping you find a buyer.
Place ads in the local newspaper, signs on the roads, and hold an open house.
All Of This Sound Like A Lot Of Work To Sell Your Arizona House Fast Yourself?
It can be.
And in the end, many Arizona house sellers think they’re saving money and time by marketing the house themselves… when in the end it costs them more money to go that route.
When you sell your own house here are some things you need to consider…
- If you’re not a good marketer or aren’t ready to spend a bunch of time marketing your house right… selling it yourself may not be your best bet
- If you don’t do a good job preparing the house and the marketing materials… and working with buyers to really build the value of your house in their minds… you may actually sell the house for 3-8% less than you may get for the same house an experienced person marketed the house for you.
- Too many sellers never think about holding costs or opportunity costs… every month that your house doesn’t sell means another mortgage payment, tax payment, insurance, utilities, etc. If your mortgage payment is $1,500/mo… and $1,300 of that is interest… if it takes you 7 months to sell your house… that cost you an extra $9,100 (not to mention taxes and insurance you paid during that time). So, if you were able to sell that house more quickly… would it make sense for you to provide a buyer a discounted price today so you can close quickly and move on? Something to think about.
If you’d rather not put up the hassle of trying to sell your Arizona house yourself… and would rather just sell it quickly for a fair price without paying any commissions or fees…
… here at We Buy Houses Arizona we actually buy local Arizona houses.
We’d love to make you a fair, NO OBLIGATION and NO HASSLE cash offer on your house.
We can close quickly (in as little as 7 days if you wanted to)… which would save you thousands of dollars vs. trying to sell the house yourself and waiting for months.
Also, when we buy local Arizona houses we do all repairs that are needed (we pay for it ourselves) so you don’t have to worry about that.
If you want to see what we can pay for your house, give us a call today at (480) 444-2274 or just fill out the quick simple form through the link below.
To summarize how to sell your house by yourself in Arizona:
Selling a house is a major decision that can be overwhelming for many people, especially when it comes to selling it yourself. However, selling your house yourself in Arizona can save you thousands of dollars on realtor fees, allowing you to keep more money in your pocket. In this blog post, we’ll provide you with valuable tips for selling your house yourself in Arizona, as well as the pros and cons of doing so.
Tips for Selling Your House Yourself in Arizona:
- Set a Reasonable Price: Before putting your house on the market, make sure to set a reasonable price for your property. Research the current market conditions, look at recent sales of similar homes in your area, and consult with a professional appraiser to help you determine a fair price.
- Make Your House Presentable: Ensure your house is clean, tidy, and visually appealing. Repaint the walls, replace outdated fixtures, and repair any damages to make your house look its best. Invest in professional staging to showcase your home’s best features.
- Advertise Your Property: Utilize social media platforms, local classifieds, and real estate websites to advertise your property. Highlight your home’s unique features and post high-quality photos to attract potential buyers.
- Be Available: Make yourself available for showings and open houses. Potential buyers are more likely to be interested in your property if they can see it in person and get a feel for the space.
- Negotiate Like a Pro: Be prepared to negotiate with potential buyers. Consider hiring a real estate attorney to help you navigate the legal process and ensure a smooth closing.
Pros of Selling Your House Yourself in Arizona:
- Save on Commission Fees: Selling your house yourself means you don’t have to pay a commission to a real estate agent, which can save you thousands of dollars.
- More Control: Selling your house yourself means you have more control over the entire process, from setting the price to negotiating with potential buyers.
- Personal Touch: Selling your house yourself allows you to add a personal touch to the process, creating a more personalized experience for potential buyers.
Cons of Selling Your House Yourself in Arizona:
- Time and Effort: Selling your house yourself can be time-consuming and require a lot of effort, from advertising to negotiating with potential buyers.
- Lack of Experience: Without the experience of a real estate agent, you may struggle to price your home correctly and negotiate with potential buyers effectively.
- Legal Issues: The legal process of selling a house can be complex and overwhelming, making it important to consult with a real estate attorney to ensure everything is done correctly.
Selling Your House Yourself Can be a Risky Business
Selling a house is a major decision that should not be taken lightly. Homeowners often consider selling their houses on their own to save money on real estate agent fees. However, selling a house without professional help can be a risky business that can lead to costly mistakes.
Here are some of the dangers of selling your house yourself:
Pricing Mistakes
One of the most important aspects of selling a house is pricing it correctly. Overpricing a house can result in it sitting on the market for an extended period, making it difficult to sell. Underpricing a house can also be costly, as the seller will miss out on the opportunity to earn more money from the sale.
Lack of Exposure
Real estate agents use various marketing tools and strategies to advertise properties to potential buyers. If you sell your house yourself, you may not have access to the same marketing channels, which can limit your property’s exposure to potential buyers. This can make it challenging to sell the house quickly or at a reasonable price.
Negotiation Issues
Negotiation is a critical part of the selling process. An experienced real estate agent can help you navigate negotiations, including determining an appropriate sale price, evaluating offers, and working through counteroffers. Without a professional to guide you through the negotiation process, you may be leaving money on the table.
Legal Issues
Selling a house involves a significant amount of legal paperwork and regulations. If you are not familiar with the process, it can be easy to make a mistake that can lead to legal issues down the line. An experienced real estate agent can help you navigate the legal aspects of selling your house and ensure that everything is in compliance with local regulations.
In conclusion, selling a house yourself can be a risky business that can result in costly mistakes. Working with an experienced real estate agent can help you avoid these risks and ensure that you get the best price for your property. At We Buy Houses Arizona, we are committed to providing our clients with top-quality services to ensure a smooth and successful home selling experience. Contact us today to learn more about how we can help you sell your house quickly and at a fair price.
The bottom line, selling your house yourself in Arizona can be a great way to save money and have more control over the entire process. However, it does require time, effort, and a bit of experience in real estate. By following these tips and understanding the pros and cons of selling your house yourself, you can make an informed decision that works best for your situation.