Is selling a house giving you nightmares? Well, it may sound like a challenging task to you, especially if you have never sold a home before. Since there are a lot of steps and processes involved in the home sale and you are also expected to know and follow the real estate rules of the state, it becomes even more daunting.

There are so many things to consider before you start selling the house. The best part is that you can resort to some smart choices such as hiring discount real estate brokerages, that will help your house sell sooner as well as for better money.

Here we guide you on how to sell your house.

Steps to Sell a House In Texas?

Mentioned below is the step-by-step guide for you to selling property in Texas.

Choose the way you want to sell

This is the first step to home selling. When you begin to explore how you want to sell your house, there are many options. This is a careful decision as it will have the biggest impact on everything else in your home sale. Hence, consider your options meticulously and make the right choice, depending on your specific situation.

The first thing you can do is to list the home on the market using traditional real estate agents. This is the most common but expensive choice. The people who want to play safe and do not intend to save money hire a real agent and use their experience and expertise to sell their homes fast. These agents handle all the work of the home selling such as paperwork, negotiations, flyers, etc. A good real estate agent supports you and gives you the right guidance at every step.

Discount real estate brokerages can sell your home at a lower price. Like traditional ones, they are also aware of the local housing market, prices of the home in the surrounding area, what are the best features of your home, etc. This kind of agent charges around a 2% commission on the sale price of the house. You may also need to pay closing costs and extra fees during or after the process.

The next option for you is to sell a house using the ‘for Sale by Owner or FSBO’ approach. You can sell your house on your own and do not need to hire an agent. So, you don’t have to pay any fees to the listing agent which allows you to save a lot of commission. The buyer’s agent may still get a 3% commission from you. However, you may negotiate this rate. In FSBO, you are the one responsible for the entire home sale such as scheduling open houses, marketing, documents, negotiations, etc. It may not be an easy experience for beginner sellers.

Most FSBO sellers take the help of the MLS Flat Fee listing company. There are many benefits of a flat fee realtor. Flat Fee MLS company lists your home on the MLS and charges a minimal flat fee. This way, you save the commission and get your property listed on the largest database too.

Next, you can sell your house to a real estate investor. When you sell your property in the open market, then there is a lot of uncertainty involved. But in this method, you work directly with the investor who generally makes a good competitive cash offer. You may steer the process fast and sell your house within a few days. You will get the cash and go ahead. It is a beneficial choice for those homes that have conditions that make it difficult to sell otherwise.

Determine the Price of the home

Now that you are all set to list your house and make it open for sale, the most important decision to take is to decide how much is the price of the home. If you want to make a quick sale and receive a lot of offers, then price the home competitively. Assess the current conditions in your local market. If your home is overpriced, then it may remain on the MLS for a long time and the buyers will not take much interest in it.

To decide the price, asses the housing market in your vicinity. Check out the houses that were sold recently and ask for their sale price. This will give you a fair perspective of how much should be the price of your home.

Prepare your home

If you are thinking that your house is perfect, then see it from the eye of the buyer. More than what you think about your house, think about what the buyer will feel looking at your home. Start by decluttering the house and removing the broken and irrelevant objects. Give the buyers a nice spacious and airy space. They should be able to visualize keeping their own belongings there.

Repair and renovation

Consider painting the house and making it ready as a part of prepping the house. A fresh coat of paint may refresh the things around. Mow the lawn, overhaul the landscape, clean the outdoor area, etc. Make sure to get the minor repairs done.

Professional images of the home

To list your home and make it stand out, hire a professional photographer. You can also hire a home stager so that your home looks visually appealing. They are the experts that make every room look class apart. It is worth hiring a photographer as it will give you a return. Expect more buyers to contact you and agree to your asking price.

Schedule open house

Schedule an open house and attract buyers. Allow them to take a closer look at the house. Work with the agent and make sure that there are enough marketing materials to show up.

Review the offers and negotiate

When you start getting many offers, then review all of them and choose a few. You can select an offer that offers you the maximum price. Allow several buyers to bid to elevate the sale price of the home. At the time of selecting a buyer, do not forget about keeping an eye on the factors like providing pre-approval, show proof of funds, concessions, how the payment will be made, is buyer selling their current home, what are the time deadline, etc. though some buyers may offer you a better price, but do not miss getting the due diligence done. The discount real estate brokerages can help you with this.

Accept the Offer

After the buyer inspects the home and agrees to finalize the offer, evaluate financing details. Mention the underwriting period. After due diligence and preparing the home contract, go ahead with the loan approval. Just sign the titles and consider your house as sold!