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What should you know about selling your own home?

When you sell your Illinois home, you may want to conduct the sale by yourself instead of work with a real estate agent. In this situation, there are a few things you should consider so you can make sure the transaction is a success. 

Some people may think that if homes in their neighborhood are selling, they do not need to do much more than put out a “for sale” sign. According to U.S. News and World Report, it is important to take the sale seriously. Selling a house can be a full-time job, and people need to make sure they put together a good listing. Some homeowners may want to hire a professional photographer to make sure photos of the house stand out among the other listings. It is also important to understand where people should post their listing. Some homeowners may want to use Craigslist and Facebook to find a buyer, while others may decide to use a multiple listing service so more people see the house.

Homeowners also have to make sure they make time to respond to potential buyers. When they sell their own home, people usually have to answer phone calls and emails themselves. Some homeowners may want to disclose potential negative things about a home upfront. However, they may want to wait until they have walked potential buyers through the house.

Some people may see the home prices their neighbors asked for and try to sell their house for a similar price. However, it is a good idea to have a home appraisal before putting the house on the market. This can help people determine a viable price for their home based on its age, condition and features. Setting the right price can help homeowners ensure their sale has the greatest chance of success.

This information is general in nature. It should not be used in place of legal advice.