- You need yourself
- You need the help of possibly friends / family
- You need to NEVER give up, never lose hope, NEVER EVER EVER let anyone tell you "you ain't gonna sell this" and when they do tell you, you look them in the eyes and tell them "watch me..." - DO ensure you sell it by yourself to save yourself from being harassed and humiliated.
- You need a property to sell (obviously)
- If you get a good lead or a buyer that is even some what interested you will need to follow UP and follow up and follow UP. why? because following up is FREE.
- Important: Raid your area with information signs about your property. We bought ours from the dollar store and wrote "4 Bedroom + Finished Basement" and included our phone number and put the signs up near plazas and local temples. These generate tons of leads and it wasn't our open house efforts that sold our house, it was a sign we put up at the exit of a plaza that sold our house. How do we know this? Because every time someone would call we would ask them how their heard of our property! Any one interested will dial the number. And how much do these signs cost? $1.25 for the sign and about $1.50 for the metal wiring that goes into the ground. Total cost: $2.75 so even if the city takes the sign its WORTH it because they generated an average of 4-5 phone calls a day.
I will now list how we sold our house privately, the amount of effort it takes and also the emotional turmoil, time turmoil, family turmoil, friends turmoil and did I forget to list emotional turmoil? Yes, basically every type of turmoil you will go through. And trust me, I live in Brampton...it is a hot area, houses here don't last long if you in a hot hot area for example the area of Queen St / Gore Rd. This is a RED HOT SALES EVENT market.
Day 1:
The entire family was epic excited to do our open house, we thought our house was the BOMB, it has a nice fresh basement, side door, double garage, we in the hot Gore Rd. market, we close to highways, we got the garden going in the front yard and the back and we got fresh paint on the walls and our house is kept in very very good shape. We were like THIS baby gonna sell like McChickens on Wednesdays.
Day 30:
The turmoil, the fear, the feeling of "why not?" and also a ton of others feelings. But you know what, we listed this and we closing this sale too, we took the challenge and straight up we didn't back down. If I was a Real Estate Agent I'd probably go home and cry every time I did an open house, it is so frustrating to watch families, couples, singles, random people, young people, kids, elderly people and a ton of other type of people walk through your home and say "we like it, we will call you back" - how many of the people called back? 0. That is WHY you MUST CALL them!
Day 60 ish:
BAM, a group of 6 people walked through the house, we got some good vibes and that is it, I followed up with them 2 days later and the deal was closed (it did take a little negotiation, emotional turmoil, and about a week to finalize everything). I didn't do all the work, I have to thank my family and their continuous efforts, the cleaning, the prepping, the staging, the phone calls, putting up open house signs and everything else. We basically were our own real estate agents. We paid ourselves by saving the 3.5% or 4% that the agent(s) take. Now you consider even 3.5% on a $550,000 property that is a savings of $19,425. We basically paid our selves $19,425 in about 2 months instead of giving that away. Now this is not written to say do not go with an agent, agents do a lot of work, its not easy and only list your house on your own if you know you have the guts, the glory, the human power, the support, the time and the patience. If you don't, then hire an agent.
Enjoy the Picture Below:
Enjoy the Picture Below:
