Selling your house is a major decision we don’t have to take every day. If you are not in the real estate business, it can be intimidating and can become a cumbersome and complicated process.
So… you landed on Dolfin RGV’s page about “How to sell your house by yourself in McAllen TX” because of a few reasons I’m guessing…
- You house has no or very little equity and you cannot afford to pay a real estate agents commissions
- You want to save money selling the house yourself before having to hire an agent
- You’re in foreclosure (or about to stop payments) and just need to sell fast before the bank takes over the property
- You can’t wait the months and months it sometimes takes to sell a house in the McAllen area since it takes long for people to qualify for a bank loan, pass inspections, and finish all the paperwork, so you want to try to sell it more quickly
Whatever your reason is… there are ways to sell your house yourself here in the local McAllen real estate market.
Since 2013, the housing sector has been experiencing a major recovery. Selling your house nowadays will definitely be 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.
This article will provide some guidelines to help you sell your McAllen area house yourself.
So Lets Go Into Some Details on How To Sell Your House By Yourself In McAllen TX
Know The McAllen Real Estate Market Well
You will have to start by doing a market research on your neighborhood in the McAllen TX area. You can check some marketing sites (like Zillowe), calling a real estate agent or two to get an idea how much you can sell your house for, or reading about the various market pricing techniques. Proper homework on these issues will allow you to come up with a right price for your house and also helps you to avoid making certain selling mistakes.
If you don’t want to hassle with trying to come up with a home value yourself… give us a call at (956) 904 5234 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 9 days if you are ready).
Asses the market
This next steps is compare your house to the houses around your area to find out if there there are lots of houses for sale in your neighborhood here in McAllen? For how much they are selling? Are there lots of foreclosures around? That can bring the price down.
Asses the house
As a seller, your house should be in top condition, clean, and updated in order to sell at a good price. Identify certain unique characteristics about it and emphasize them during the marketing. For example, in a McAllen, 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 paint? How is the roof? Does the front look inviting? Are there cracks in the walls? Is the house outdated at all? ( popcorn ceilings, old bathrooms). All of these things can make the house more or less appealing depending on the buyer… which changes the price they’re willing to pay.
After you did your due diligence… come up with an asking price for your McAllen home that is fair… isn’t so high it’ll take you 12 months to sell the house… but is attractive so you get a buyers who are ready to buy.
Use Photos or Videos
McAllen buyers are obsessed with media. Taking video-tours gives you wider exposure to your house and allows some potential buyers that live out of state or are afraid to visit too many houses due to Covid to check it out remotely. 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 go ahead and take some great pictures to show-off your house, insider and out from different angles. People want to see the house before they ever show to make an appointment. 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.
Get Your House “Listed” On The Local McAllen MLS And Market It
You can find no or low fee real estate brokers these days who will charge you a few hundred bucks to put your house on the local McAllen MLS. This gets your house in front of all of the real estate agents quickly (so be ready to pay those “buyers” agents a 2-3% buyers broker fee if you plan to have their support in helping you find a buyer).
Place ads in the local newspaper, signs on the roads, and hold an open house. Have your house clean and ready for the showings.
Does This Sound Like A Lot Of Work To Sell Your McAllen House Fast Yourself?
It is.
And in the end, many McAllen 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 promoting your house the right way… 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, maintenance, 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 with your life? Something to think about.
If you’d rather not put up the hassle of trying to sell your McAllen house yourself… and would rather just sell it quickly for a fair price without paying any commissions or fees…
… here at Dolfin RGV we actually buy local McAllen 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- 9 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 McAllen houses we do all repairs that are needed (and we will pay for them) 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 (956) 904 5234 or just fill out the quick simple form through the link below.