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Sell Your Texas Property Solo No Real Estate Agent Involved

Sell your Texas property solo no real estate agent involved

Home sellers often choose to sell their homes without a Realtor in order to save on commission fees. However, going it alone can be tricky and time-consuming for homeowners who don’t have experience with the process. FSBO sellers need to assess the market value of their home, create an effective marketing strategy and more. Plus, they’ll need to handle negotiations with buyer agents and other professionals involved in the transaction, like inspectors, lenders, appraisers, and title companies.

One of the biggest challenges when selling your Texas Sell your Texas property solo, no real estate agent involved home without a Realtor is deciding on an asking price. To get the most interest, you’ll need to research comparable homes in your neighborhood, including how much those homes have recently sold for. Be sure to factor in any upgrades and updates you’ve made. You should also keep in mind that it’s currently a buyer’s market, so you may need to lower your asking price in order to attract buyers.

Other FSBO challenges include listing your property on the MLS and getting it in front of house-hunters. Many FSBO websites offer MLS packages for sellers who want to sell without an agent, and they can provide you with yard signs, virtual tours, photos and more. Some of these websites also allow you to list your property on other popular online marketplaces, such as Craigslist and Facebook Marketplace.

Once you’ve attracted interested buyers, it’s time to negotiate offers. You’ll need to prepare and submit a purchase and sales agreement, provide the buyer with a seller disclosure statement, and complete other real estate paperwork. It’s recommended that you hire a licensed attorney to review and prepare the documents.

Another option is to work with a cash buyer who can close on your Texas home in as little as 48 hours. Cash buyers are typically willing to pay 50% to 70% of your home’s fair market value and can skip the home inspection and appraisal process.

During the negotiation process, you can accept or decline an offer, make counteroffers, ask for more earnest money, or ignore it completely (not recommended). However, if you’re overwhelmed by all of the paperwork and don’t have the time to do it yourself, you can use an offer management tool like Houzeo Showings to schedule and manage showings.

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