Sell a House Fast and Without a Realtor - 5 Creative Ways to Sell Your House and Save Big Money!
In order to sell your house fast without a Realtor you must be creative in today's market. You can do what the Realtors do if you're willing to put in the time and effort. If you're up for the challenge, you can save a ton of money. Up to 7% of the sales price in many areas. That would be $35,000 on a $500,000 home!
Here are five great ideas to get you started on the FSBO (For Sale By Owner) track:
- Sell your house to an investor. This is "the" fastest way that I've seen to get your house sold. You can get a no-hassle offer, a quick closing, and you don't have to make any repairs. You do have to be prepared to take less than fair market value. That's their incentive to purchase your house fast. On average, you can receive between 60% - 65% of the fair market value minus repairs on an all cash purchase. You can receive more in some cases, depending on the programs of the particular investor or company.
2. Hold an auction. There are several companies that will auction your house for you and you will have to
pay ad costs. You can also hold your own auction. There are several books out that will show you how to
do this.
3. Raffle your house. This one is very creative. Find a non-profit organization that you would love to make a
donation to. Then, promote the raffle through the organization and any other advertising means you can
think of. Beware of the laws of your state and the fact that you usually need to advertise beyond your own
area to sell enough tickets. For example: If you owned a house free and clear and you wanted to make
$100,000, you could sell 1,000 tickets for $125. This would net you $100,000 and give the charity a
$25,000 donation for their participation. The lucky winner would get a home for $125 (plus taxes of
course)!
the buyer to purchase your house using your existing financing.
5. Use a combination of free listing sites. There are several websites on the internet that offer free classified
ads. They're not hard to find. Just search for free classified ads on Google.
Get a no-hassle, free offer on your house by going to JPRealtyPros.com
If you are thinking about raffling your house, if you are a non profit looking for a house to raffle, or if you just want to look at some ongoing raffles, uashomeraffle.com is a great place to start.
Since the NY Times ran an article on raffling homes (Thursday 9/25/2008) we have seen a tremendous surge in people asking us about it. We are working on adding more and more information to the site every week. Our hope is that many people will choose to partner with a non profit, do a home raffle and help to circulate some money around in this economy. This type of effort can do a lot to help stimulate a slow economy. Non Profits will get an infusion of money, someone will win a home 'free and clear' with only a tax obligation, and some one gets to sell their home when they needed it most. It is a total win win situation for everyone.
Most of the time, home raffles are only attempting to sell 5,000 to 15,000 tickets so the odds of winning the big prize are pretty good. And many of the early bird prizes make it so that people will often win their initial investment back before the raffle.
Anyway, I have said enough about it. As you can see I am passionate about what I do. Check out the website when you have a chance.
usaHomeRaffle.com
Have a great day
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