The process can be intimidating, especially in competitive markets like Arizona. It’s not something people do regularly, and a lot of effort and resources are needed. Even the most minor mistakes can lead to considerable losses. For one reason or another, you’re left with little choice but to sell your house on your own.
Andrew the Home Buyer is here to help you out. We’ve shared a handy guide to learn how to sell your house yourself in Arizona.
If you need to sell your house fast, request a cash offer from us!
Reasons for Selling Your House By Yourself
It’s not easy to end up in situations where you have no other choice but to sell your house on your own. Seldom would people do it just because they can or want to. Often, it’s because of the following reasons:
- Little or no equity on the house: When you have little equity on your property, you won’t be able to pay a commission to the real estate agent. They usually take a percentage from the sale, which may not be enough if you have a profit goal in mind.
- The property is facing foreclosure: If you fail to pay the mortgage, then your property might be on the way to foreclosure. You can sell it on your own to salvage your credit score without incurring debt from having to work with a real estate agent.
- You can’t wait for months: It takes time to sell a house, especially in buyers’ markets. As you wait for your property to sell, you could be losing money simultaneously. Taking matters into your own hands and selling it yourself may be faster.
- You want to save money: Selling your house through an agent will diminish your profit. So if you’re going to keep most of the money to yourself, you can do it on your own.
Selling a House in Arizona: Steps to Follow
When selling your property in Arizona, you’ll want to work like a real estate agent. That means:
Conduct Market Research
The first thing you’ll want to determine is how much your property will sell for and if you’ll profit from this value. This step will let you know if the next few weeks or months are the best times to sell your home. So you’ll need to do some work online and in real life.
First, check out platforms like Zillow and Chase Home Value Estimator to learn the prices of properties in your neighborhood. You can also contact real estate agents and ask them to estimate your home’s value. The bottom line is you’ll have to do your homework to get an accurate value for your home and avoid underselling or overselling it.
Assess Your Home
This is the step where you assign an estimated value for your home based on its features, unique characteristics, and current marketing conditions. You should check if there are any parts or sections that increase their selling price, especially in specific neighborhoods. For example, some Arizona home buyers look for driveway parking instead of a garage.
The second part of assessing your property is checking for damages that could diminish its value. Once you know what needs to be repaired or upgraded, try to take care of it if you have the extra funds. You can even hire a home inspector to do it for you. That way, your property will attract more buyers and sell quickly.
Market Your Property
The next step to selling your property is making marketing materials. In Arizona, many buyers are attracted to visual media, so you’ll want to focus on videos and pictures of your home to reach the right audience.
When taking images or video clips, highlight features like decks, pools, and yard space. You’ll also want to include every room so that people can see the entirety of the property before they can come personally for a showing. If you need more confidence about your photography or editing skills, you can always hire a real estate staging company to help you out.
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List Your Property on the Correct Platforms
Once you’re ready to sell your property, start listing it on the appropriate websites. The most popular ones are Zillow and Realtor.com. In Arizona, you can post your property for sale at the local Multiple Listing Services (MLS). Make sure to include all the pertinent details required in each listing.
From that point onward, you will start receiving offers and can begin negotiations with potential buyers. It will be up to you to pick the best one before signing a purchase agreement.
Not Ready to Handle All the Work?
Selling your house alone in Arizona takes a lot of effort and resources. Even if you already know how it works and do everything properly, it’s still not guaranteed that you’ll sell within your target timeline or value.
To avoid all the hassle, simply sell it for cash to Andrew the Home Buyer. We buy homes in any condition so you won’t need to market, upgrade, or stage them. Let us take care of it so you don’t have to.
Request a cash offer today!
