Selling your home “For Sale By Owner” (FSBO) on Maui?
Flat Fee Realtor Maui
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MAUI DISCOUNT REAL ESTATE
Sell your home for “For Sale by Owner” $250 Flat Fee
With the Internet, anyone can search houses on the market, sales history, school rating and more. So, we offer a flat fee option in a way we think is fair and reasonable.
We are saving our home buyers and sellers a lot of money. Why pay a Full Commission Agent when you sell your home or hire our experienced discount real estate brokers and save tens of thousands dollars or more.
We provide discount real estate brokerage services on Hawaii, Kauai, Oahu and Maui.
Your Flat Fee Listing will be added to the local MLS and look the same as all other listings, with the exception of the showing instructions, which will have your contact phone for agents to contact you.
How to Sell Your House Without an Agent in Hawaii.
If you want to sell your house without an agent, you’ll need to know exactly what you’re doing in order to get the money you deserve. Here are 5 steps to sell your home on your own.
Step 1: Determine the fair market value of your home
You must get this step right. Price the house too low, and you’ll walk away with less cash on the sale than you should. But price it too high, and the house can sit for months without selling. Your only strategy at that point will be to lower the price down to where it should’ve been in the first place.
Step 2: Prepare the home for sale
Starts with slowly walking through your house, and viewing it through the eyes of a buyer. Ask yourself, If I were buying this house, what about it won’t I like?
You’re starting with a negative, but that’s the point. When the buyer looks at your home, they’re s keenly aware that every flaw in the property will become their problem after closing. They’re also looking at the general appearance. Does it have good curb appeal? Is there a good flow? Does it feel right?
This is hard to do, since you own the home. But you must be objective. If you can’t, it would be best to get an outsider’s opinion. If you do, you can’t be offended at what that person will reveal. Their observations will be absolutely critical in the successful sale of your home.
Unless you maintain your home in showroom condition under ordinary circumstances, here are some of the improvements you might want to make:
- Make any minor repairs necessary. That includes leaky faucets, loose door handles, windows that stick, or electrical switches and lights that don’t work properly. If you have a garage door opener, make sure that it works flawlessly.
- Touch-up or repaint any rooms in the home that are looking tired. Always favor neutral colors, because buyers do.
- Declutter the entire home. That includes closets, the attic, the basement, and the garage. Also, minimize the number of furnishings and other appointments you have in each room. This will help to improve the perception of flow.
- Make sure the entire home is clean and fresh smelling.
Step 3: Advertise the home online
With our Flat Fee MLS Service your property is posted on MLS and syndicated to Zillow, Realtor.com, Trulia and thousands of other sites.
Step 4: Negotiate the sale
Since you are not using a real estate agent, you’ll have to negotiate directly with any buying prospects. It’s a give-and-take situation, which you have to accept from the beginning. The buyer will almost certainly come in with an offer that’s below your asking price. They may even include some tough conditions, such as having you pay the closing costs.
If the initial offer is not acceptable, you’ll have to go back and forth. Hopefully, as you come down on the price, and the buyer comes up. You’ll have to decide exactly how low you’re willing to go.
The initial negotiations will probably be verbal, but once you agree on the basics, the buyer will have to submit a written offer. For that purpose, you may want to have a small supply of real estate contracts specific to your state. You can find these by doing a web search.
The contract must spell out every detail of the sale, including the purchase price, closing concessions, items that will be included in the sale, the closing date, and the location of the closing.
There will also have to be contingencies written in the contract. For example, the buyer may insist on having a home inspection. And you must insist on getting a copy of the buyer’s mortgage approval within several days of accepting the offer.
The closing will usually take place in the offices of an attorney or a title company, depending on what the custom is in your state. Both you and the buyer must agree on that location.
Step 5: Handle the closing
The closing on a house is an entirely legal affair. That means there is a specific process, and it will be handled either by closing attorney or the title agent. Once you decide who this party will be, they will provide you with the required procedures.
Most of the closing work will be done by the closing agent. But you may be called upon to provide certain documentation along the way. Be sure that you do provide it as quickly as possible.
You should also be sure that you maintain contact with buyers between the time of contract acceptance and the closing. There will be points of contention, but good communication can bring you through them.
The biggest closing obstacle in most real estate transactions is the buyer’s mortgage. Even if you have a copy of their mortgage approval, do your best to stay on top of related developments. Most mortgage approvals have conditions that must be satisfied between the time of approval and closing. Some of those conditions aren’t so minor. If the buyer is unable to meet even one, the loan approval can be withdrawn.
To the degree possible, try to involve the mortgage closing agent in the back and forth details. A nervous buyer will often provide more information to a closing agent than to you as a seller.
Selling your house yourself is more complicated than using a real estate agent. But if you can make it happen, you can save tens of thousands of dollars. And that’s why people try to do it all the time. You can too.
Or Sell your home for 2% total with Full Service with the HawaiiRealEstateTeam.com
Don’t Pay More for Full Service. We offer substantial savings to sellers, and we can sell your property for the same cost and we do all the work.
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