Selling your house is something most people only have to do a few times in their life. And unless you know a local San Antonio real estate agent who will sell your house for free or a hugely discounted commission… it can be a real pain in the rear and an expensive process for you as well.
Typically, you are going to have to spend some money to get the house ready and it is going to take a lot of time and energy to go through the process.
So… you landed on this page about “How to sell your house by yourself in San Antonio TX” because of a few reasons I’m guessing…
- You have no or very little equity in your house so you can’t afford to pay a real estate agents commissions
- You have equity but want to try to save money selling the house yourself before you resort to hiring an agent
- You’re in foreclosure (or heading that way) and just need to sell fast without incurring thousands in agent commissions
- You can’t wait the months and months it sometimes takes to sell a house in the San Antonio area in this market so you want to try to sell it more quickly
Whatever one you land in… there are ways to sell your house yourself here in the local San Antonio real estate market. Almost any house can be sold in almost any condition if you go about it the right way.
Since 2013, the housing sector has been experiencing a major recovery. So, selling your house at this time is usually profitable if you do it right. In most cases, it is about using smart marketing strategies and being realistic about your expectations on what you want to achieve with this sale. If your house needs a lot of work and you want to get millions of dollars for it…it is going to be a tough road no matter what the market is like.
This article will provide some guidelines to help you sell your San Antonio area house yourself.
How To Sell Your House By Yourself In San Antonio TX – Let’s Dive In
Know The San Antonio Real Estate Market Well
The first and most important step is doing market research on your neighborhood in the San Antonio TX area. This step involves visiting various home marketing sites (Zillow, Eppraisal the Chase home value estimator, etc)…you must take these “estimates” for what they are…they cannot account for repairs or other market dynamics. Or, calling a real estate agent or two to see what your home is worth and then reading about the various market pricing techniques. Proper homework on these issues will allow you to come up with the right price for your house and also helps you to avoid making some of the common seller mistakes.
If you don’t want to hassle with trying to come up with a home value yourself… give us a call at (210) 201-6644 and we’ll give you an honest fair valuation of what your house is worth on the retail market (if you’re going to wait the 3-6+ months to find the perfect retail buyer). And if you want to… we’ll make you a fair all-cash offer on your house to give you that option of selling quickly (we can close in as little as 7 days if you want to).
Asses the market
This step is almost similar to conducting market research, only that in this case, you are bound to your neighborhood and similar houses. Are there lots of houses for sale in your neighborhood here in San Antonio? If so, what is the average that they are listing for? Is it taking a while for them to sell? Are there lots of foreclosures in your neighborhood? That may drag your house price down. Are there a lot of run-down houses in your neighborhood?
Asses the house
As a seller, your house should be in top condition or shape in order to sell at a good price. Identify certain unique characteristics about it and emphasize them during the marketing. For example, in a San Antonio, a house with a drive way parking may be more attractive to buyers compared with one with a garage parking.
Also, does your house require repairs? Does it need to be repainted inside or out? How is the condition of the roof? Is the landscaping in good shape? Is the house outdated at all? (you know, those popcorn ceilings ;-). Foundation issues are a major problem in San Antonio, is your’s ok? All of these things can make the house more attractive or less attractive depending on the buyer… which changes the price they’re willing to pay.
After all of this… come up with an asking price for your San Antonio home that is fair…don’t price it so high that it will take you 12 months to sell the house… but instead, price it so that it is attractive and so buyers will want to see it and make an offer.
Use Photos or Videos
San Antonio buyers are obsessed with media. Taking walk-through videos of the house and using the videos to advertise will enable you to reach a wider market. In fact, these videos are considered more transparent than taking photos. However, this should not stop you from using the latter option since it is more affordable compared to the video.
So take some great pictures. Take a picture of every room in the house that helps show it off. Take a picture of the house from the outside in a few different angles… people want to see the house before they ever show up to see it. So having great pictures of your house online could be the difference between getting the right buyer quickly… and waiting months and months to sell.
Place ads in the local newspaper, websites, signs on the roads, and hold an open house.
All Of This Sound Like A Lot Of Work To Sell Your San Antonio House Fast Yourself?
It can be. It is always good to weigh the pros and cons…
And in the end, many San Antonio house sellers think they’re saving money and time by marketing the house themselves… when in the end it costs them more money to go that route.
When you sell your own house here are some things you need to consider…
- If you’re not a good marketer or aren’t ready to spend a bunch of time marketing your house right… selling it yourself may not be your best bet
- If you don’t do a good job preparing the house and the marketing materials… and working with buyers to really build the value of your house in their minds… you may actually sell the house for 3-8% less than you may get for the same house an experienced person marketed the house for you
- Too many sellers never think about holding costs or opportunity costs… every month that your house doesn’t sell means another mortgage payment, tax payment, insurance, utilities, etc. If your mortgage payment is $1,500/mo… and $1,300 of that is interest… if it takes you 7 months to sell your house… that cost you an extra $9,100 (not to mention taxes and insurance you paid during that time). So, if you were able to sell that house more quickly… would it make sense for you to provide a buyer a discounted price today so you can close quickly and move on? Something to think about.
If you’d rather not put up the hassle of trying to sell your San Antonio house yourself… and would rather just sell it quickly for a fair price without paying any commissions or fees…
… here at Sell My San Antonio House we actually buy local San Antonio TX houses.
We’d love to make you a fair, NO OBLIGATION and NO HASSLE cash offer on your house.
We can close quickly (in as little as 7 days if you wanted to)… which would save you thousands of dollars vs. trying to sell the house yourself and waiting for months.
Also, when we buy local San Antonio houses we do all repairs that are needed (we pay for it ourselves) so you don’t have to worry about that.
If you want to see what we can pay for your house, give us a call today at (210) 201-6644 or just fill out the quick simple form through the link below. If you need more info, read our other articles.