It’s 2022, and the time is now to sell your house. But how do you do that? If you’ve been wondering how to sell your house online, then this blog is for you.
When it comes to how to sell houses online, there are some things you must consider. Unfortunately, it isn’t as easy as Googling, “sell house online,” and getting a magical response from the Internet.
But it doesn’t have to be impossible! There are only two main ways to sell your home online. Once you know them both, you can decide which works best for you. Keep in mind that there are many benefits to selling your house online, so don’t hesitate too much before doing so.
Use an Agent
The first of the two ways to sell your house online is to use an agent. In many cases, this is the preferred option when it comes to how to sell your house online. If you decide to go with an agent, they will then list your home on an aggregate website to try and draw traffic. You’ll also find that most agents will have connections to other people and realtors, and they might even be able to list your house on the local MLS, which is a specific home-selling database.
If you’re hoping to wash your hands of the home sale as quickly as possible, it might be in your best interest to seek out a full-service agent. Full-service agents are the agents who will handle the entire process for you, from online marketing to the final sale. Realize that, because these agents do more work, they will take a larger cut of your eventual profit. You can expect to pay them around 5% of your home’s total sale price – and realize that half of that price will go to the buyer’s agent, as well. So, you’ll split that 5% in half and pay both sets of agents on either side of the transaction.
How to Choose an Agent
If you decide to work with an agent, you must make sure they are reputable and good at their job. You’re going to want to work with an agent who will advocate for you without going overboard when they pressure the other party into a good deal.
However, to have an agent that can do this, they must have a long track record of success if you want to trust them with your home sale. This is another way the Internet comes into play for selling your home online. You can do the research required to see if an agent is reputable, speak with their past clients, and see if there is a specific thing they look for in sellable houses. For many agents, you can also confirm their fees online, meaning that it won’t be a surprise when it comes time to finish the home sale.
Again, before you naysay using an agent for your online home sale, realize that there are around 50 different steps required to legally sell your home and pass the title to the new owner. Having someone in your court who is an old hand at it can be a large weight off your shoulders!
But, if you’re confident you can handle it, it might be time to look into how to sell your house FSBO.
Sell as the Owner
The official term for this type of transaction is a “for sale by owner” transaction or an FSBO transaction. This can be a good idea for selling your house online because it gives you more control over the minutiae elements of the deal. This does mean that you’ll be in charge of handling everything from the marketing to the final sale and everything in between, so make sure you’re confident in your abilities!
There are websites that are specifically for FSBO sales, so reaching out to those and using them to your benefit is a great idea. However, you can also use social media to your advantage as part of your marketing idea.
Even though selling your home online as an owner is a lot of work, you’ll save more money on the back end. When it comes to selling your house as FSBO, you’ll find that you can save up to 3% or so of the final commission that you would pay your agent. Realize that, in an FSBO situation, you are still expected to pay for the buyer’s agent.
The first step of selling as FSBO is that you must claim your property on Zillow. Once you do this, you’ll be on your way towards selling your home online.
Why Should I Sell My Home Online?
There are many benefits to selling your home online. When it comes to selling homes online, you’ll find that you can have a much larger reach than if you were to try and sell in person. This is because, when it comes to selling online, many sites offer streamlined ways to get whatever you’re selling – in this case, a house – in front of potential buyers or other interested parties.
Recent research has found that nearly all buyers will check an online site before they decide to purchase a house, meaning that you will be able to reach out to numerous potential buyers, no matter if you use an agent or if you sell your home online via FSBO.
Additionally, when you sell homes online, you can see if your listings compete with other properties. You can see which houses are selling well and which aren’t and use what you’ve learned to increase the visibility of the property listing. And, if you sell your home online, you can access data and interest in your property just by pulling out your phone. It’s much more convenient than more traditional home-buying methods.
No matter your reasons for selling a home online, realize that there are options to help you have an easier time with it. Reach out for help if you think you need it, and make sure that you’re able to complete a sale that you’re happy with!
Bricktown Home Buyers is a real estate solutions company based out of Oklahoma City. We’re a family-owned business and focus on helping homeowners like you find solutions for your problem whether you’re going through a foreclosure, can’t sell your property, or just need to sell their house for all kinds of reasons. We buy houses in the following areas –