A lot of people think you need a Realtor in order to sell a house in Utah. You might be one of them, but the simple truth is that you actually don’t. In fact, selling your house without a realtor in Utah could end up saving you a lot of money if you know where to look. The average Utah homeowner will pay around $15,000 to $20,000 in order to sell their house on the open market using a Realtor. Most of those costs end up going to the Realtor or real estate agent as part of their commission.
If you’d like to avoid those extra costs but still sell your house in Utah, you have a couple of options. You can sell it as-is for cash to a real estate investor or you can sell the house yourself. We can get to that first option in a minute, but if you want to give it a go selling your house by yourself on the open market, here are six tips for selling a house without a Realtor in Utah.
Options On Selling A House Without A Realtor
Figure Out Your Utah House’s Value
If you’re planning to sell your house in Utah without a Realtor, you’ll need to handle a lot of aspects of the real estate process by yourself. There are a lot of potential roadblocks ahead if you’re not smart. So it’s critical that you price your house correctly when you list it. Start with a price too high and you’ll end up sitting on the market for way longer than expected, which will cost you money. Start with a price too low and you’ll end up with less profit than you could have made, which also costs you money.
To avoid this problem, look to websites that offer local real estate values and recent sales data. Use their price estimates to get in the right range and then see how similar homes in your Utah neighborhood have sold for. This will give you a decent sense of your house’s actual value vs. perceived value, which is an important distinction to make.
If you can afford it, hire an appraiser to give you an estimate of your Utah property value. An appraiser’s report is helpful to have when you’re going to negotiate with a potential buyer. It’ll likely cost between $300 and $500, so you’ll need to account for that. FYI, the buyer’s mortgage company will want to get their own appraisal no matter what.
Get Your Utah House Sale-Ready
You may be ready to sell your Utah house without a Realtor but is your house ready to be sold? There’s a distinction. Is it in good condition for someone to look at it and decide they want to live here? Will the first impression make someone want to put down an offer as soon as they see it?
Every problem inside your Utah house is going to be magnified during the sales process, so figure out how you want to deal with them. The more work you do now, the less likely you’ll have to lower the price during negotiations or make concessions later.
If you can make repairs yourself, do it. Fix the leaky faucet, unstick that window, and unclog that drain. You might be okay living with a busted dishwasher but buyers on the open market are going to see tiny problems like that and assume it means there are bigger issues in the house.
Consider Curb Appeal
If you’re going to list your Utah house on the open market, you’re going to want to take a closer look at your curb appeal and how it will affect your ability to sell. If a potential buyer drove by your house right now, would it make them stop to take a better look? If not, you’ve got work to do, which will probably cost you money.
Put a fresh coat of paint on the house and make sure everything looks clean and fresh. Do some decluttering and find good places to store everything. Clean up the attic, basement, and garage, too. Whatever spot you leave dirty or messy, that’s the spot buyers are going to invariably look.
Market Your Utah Home Well
To sell your Utah house without a Realtor, you’re going to need to make an effort when it comes to marketing. Your real estate agent would usually handle this but since you’re going it alone it’s on you to make sure it’s done well.
Put up yard signs and make sure they’re located in high-profile spots. That includes your property as well as other high-traffic areas nearby. You’ll want to advertise the house online via real estate sites and places such as Craigslist and Facebook. You’ll also need to consider hosting and marketing open houses. It’s up to you to sort out the details and host buyers who come through the door.
Negotiation & Closing
A Realtor or real estate agent would normally be the person to handle negotiations if you’re selling on the open market. But because you are selling your Utah house yourself to buyers, it’s up to you now.
Expect the buyer or their real estate agent to ask for a lower price than you want. You’ll need to be okay with negotiating, which can be something of an art. You also have to figure out the price at which you are comfortable walking away and starting over with a new buyer.
When negotiations are over, you’ll enter closing. The closing contract will spell out all of the details and specifics that are a part of the deal. That includes purchase price, contingencies, inspections, concessions, the closing date, and more.
Sell Your Utah House As-Is for Cash
Selling a Utah house without a Realtor or real estate agent can be a daunting and overwhelming process. Even if you feel comfortable handling negotiations and listing the house, there are plenty of other issues and problems that can pop up and cause you issues. You can only prepare so much and even if you do everything right your house may stay on the market for months or even years. All of this could end up costing you lots of money and mean you’re left with a house for a long time.
If you’d like to sell your house without a Realtor fast but don’t want to deal with the marketplace, you can sell your house as-is to a real estate investor like Axess Home Buyers. It’s such an easy process and you get cash fast for your house instead of waiting. And since there are no Realtors or real estate agents involved, there are no commission fees.
It’s very easy to sell your house in Utah without a Realtor. Just submit your information to Axess Home Buyers. We’ll take a look at the details and follow up with you with any questions. We may want to walk the property to figure out how we can make the best offer possible. We’ll then present you with a fair cash offer for your Utah house. If you accept, you decide how soon we close on the sale. You get cash in your pocket and we’ll handle the Utah house from here.
No Realtors. No real estate agents. No extra fees. And you get cash fast.