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4 Ways to Sell Your House in California Without a Realtor

Selling your house without a realtor simply means you’re ready to put in all the work realtors do to seal a deal. If the motive behind selling your house by yourself is because you need to hide some material damages and hand it over to the new owner before anyone notices, then California is not the place where such sales should occur.

4 Ways to Sell Your House in California Without a Realtor

As there are huge fines and penalties for anyone who does not disclose all material facts, to the potential buyer before the sale is finalized.

Moreover, the owner of the property needs to inform the potential buyer of any damages that might have occurred.

1. Transfer Tax

There’s a very important levy on all houses sold in California, known as a transfer tax. This tax is charged after the contract of sale has been finalized by the buyer and the seller.

Proper documentation is then filed at the county recorder’s office. The transfer tax can be paid by the buyer or the seller. However, this is dependent on the part of California that the sale has taken place.

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When a house is being advertised for sale by the owner it is tagged ‘‘For Sale by the Owner’.  People are automatically aware that the owner gets to pocket the agency fees since they aren’t paying for a real estate agent, and they have the power to choose the new owner of his or her outgoing property.

These kinds of arrangements are more common with this generation than the previous one. Maybe the ‘DIY’ spirit has a way of making one functional in other aspects of human endeavors.

It’s compulsory to utilize the services of a title home company and there’s a need to agree on who is paying for the buyer’s title insurance.

The seller or buyer can decide to pay depending on what side of California the property they are selling is situated. Sometimes, they agree and decide to meet at a midpoint. This means they both split the insurance fee into two halves.

2. Not a Walk in the Park!

Interestingly, a lot of people believe that selling your house by yourself is pretty easy. Reality hits them when the process begins, and they cannot pull through with their original plan because these things take a process.

First on that list is the valuation of the intended property. The seller has to ensure that the sale price must be the market value of the given property.

The next step to ensuring that the house is attractive enough to potential buyers is to put the house in a proper shape.

This means to repair all that is repairable, as this is one of the tricks that agents apply to sell a house fast in Riverside, also, fix everything that needs to be fixed. The main aim is to make the house conducive and comfortable for the potential buyer even the finicky and picky ones.

The house should be in such good shape, that the prospective buyer would be too eager to sign the check and move in.

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3. Cleaning and Advertising

After putting the home in a good shape, the next item on the agenda should be decluttering and thorough cleaning of the home.

Once this has been done, the seller must sharpen his or her marketing skills. Learn to take good pictures from quality angles, as these pictures would-be put-on display for every interested eye to see. The seller might have to engage the services of a photographer but if you’re still in the ‘DIY’ mood then give it a professional shot.

Advertising is next on the agenda, ensure you utilize all the available channels, as your potential buyer might just stumble on it across any of the platforms.

Be sure to give a proper description of your house. Avoid the need to exaggerate as this might be a turn off for the buyer when he finally inspects the property, and it doesn’t fit the online description.

4.  Rehearsal

It’s important to walk through the length and breadth of your house acting like you’re speaking to a potential buyer.

Just in case you’re feeling crazy, you can have your friend over to act as the buyer. Get ready to answer possible questions, the internet can help with possible questions and be as friendly as possible. Just ensure you don’t hang on too strongly on the friendly advice.

Selling a house in California is not the easiest ‘DIY’ task. It’s important to double-check all legal requirements before the sales process begins.

This is to ensure that all legal requirements are strictly adhered to and all appropriate documentation and filing take place as stipulated by the law.

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