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Wanting to know The Steps To Sell Your House By Owner? Sell to us or keep reading to learn to sell by owner!
Sell Your House In Illinois To Us And Pay No Agent Fees, No Repairs, 100% FREE! Find Out How Our Home Buying Process Works!
“Meyers Real Estate Services “, is a honest, respectful house buying company that offers cash for houses in IL. If you need to sell my house easy fast for cash, we’re local home buyers in IL serious about buying your house. No repairs, no inspections, no agents, no fees, no commissions.
If you don’t want a cash offer from us, here is an overview of The Steps To Sell Your House By Owner.
Why would a real estate agent break down The Steps To Sell Your House By Owner for top dollar? Why not! I like helping people!
If you Sell Your House By Yourself will save you about 5-6 percent if you go this route. I did a previous video where I broke down the fees when selling with a Realtor in Illinois. It’s usually 8-10 percent total.
So the first thing you need to do to do is clean and clean some more.
People don’t like clutter. Throw out or pack up what you don’t need. Use your garage to store boxes if you can.
Pay extra attention to kitchens and bathrooms. If you need to, hire a cleaning company…go online and find a reputable one in your area.
If you have pets or teenage kids…make sure there are no foul orders anywhere. Vacuum and use odor removing products to make the house look..and smell fresh.
For the outside of your home, do a walk around look for anything that could be a bad eye sore to a potential buyer. Cut the lawn, string trim and wash those windows. If your yard has a ton of weeds…figure out a way to get rid of them before listing.
Many homes in the Chicago area develop mildew on the north side of the home from lack of sunlight. This is another eye sore to potential buyers. Buy a spray on product at your local hardware store and spray it and let it go to work.
Now that your house is ready to go, you’ll want to line up a good real estate attorney.
Talk to them and tell them your plan. They can provide you with the necessary contracts and disclosures too.
Now that your home is all cleaned up, and you have a real estate attorney ready to go it’s time to figure our what you should list your home at. This is where most home owners go wrong when trying to sell by owner.
You need to price competitively.
Go to any of the home sites and look in your area and go back 3-6 months and look at similar sized homes and see what the sold for. In a crazy market like right now in spring of 2021…go back 2-3 months only. Pay extra attention to updates on the home. If the identical home to your sold for 350 thousand but has been completely updated and your house hasn’t been touched since 1972…don’t price your home at 360K. If you are stuck here, feel free to contact me or any local realtor and they should be more than happy to give you an approximate starting point on your homes value.
So your home is clean, you have an attorney lined up and you know what your price is going to be.
It’s time to advertise!
You will want professional pictures taken. Find a good real estate photographer. Look below and I’ll leave a link to who I use in the chicago area. If you really want to highlight your home you need a professional photographer…if you want to highlight your yard and your location consider paying a little extra for drone photos and a video tour. This will really draw attention to your listing.
Next, you’ll need to get your home out on the internet to advertise. Zillow and For sale by owner.com offer ways to sell your home without a realtor. Also, advertise your home to local Facebook groups, craigslist and tell your neighbors and friends your home is for sale. In a market like this, once your listing starts getting attention you can expect a lot of activity. This is where having a realtor…like me…to be there to handle all this. But if your up to the task, go for it.
Once your listing is out on the internet you can also expect calls from Realtors.
They may have buyers, or they may want to list your home. Some for sale by owners don’t want to deal with realtors at all. I suggest working with them and offering 2.5% commission or a flat fee. This will open up your buyers pool a lot and help you sell your house faster and easier. If you don’t want to work with realtors because you want to maximize your profit and think you can find a buyer who doesn’t have a realtor by all means go for it. You can always change your mind down the road if your not getting the buyer activity or offers you were expecting.
One thing I do suggest is getting a temporary phone number wither with a burner phone or setting up google voice or something similar. There are many good reasons for this but I wouldn’t want my personal phone number out there for people to call.
So moving on..
By now you should be getting calls about your home. People will call morning, day and night. They will ask to see your home when it’s convenient to them…not for you! So you will need to flexible. You can hold open houses and advertise by putting signs around your neighborhood. Since you are representing yourself, you will want to be home for all these showings. You should also limit the number of people that come in at once time…especially if they are without a realtor.
Hide valuables and make yourself accessible to answer all the questions that potential home buyers have. You’ll be surprised at what home owners will ask!
If you priced your home right, advertised right you could get an offer at anytime. If you allowed buyers to have agents they will write up a 7.0 contract.
Whether or not your are allowing Real Estate agents you will want to make sure your buyers are Pre-Approved…not pre-qualified from a reputable lender.
They more they are putting down the better and you can choose if you want to allow FHA or VA loans. Many home buyers in the 2021 market are putting a lot of cash down, waiving mortgage contingencies, inspections and even appraisal contingencies. We could really deep dive into these topics but this is for another video down the line. You should also pay attention to home much earnest money is being put down…it’s usually 1-5% and the funds can be held by your attorney in escrow.
You will need to fill out Radon and disclosures about your property too. Illinois law requires you, as a home seller, to tell a prospective buyer, in writing, about any material defects you actually know about. This means anything you’re aware of that affects the value, healthfulness, and safety of your property.
This could include things like past flooding and flood risk, unsafe conditions, municipal code violations, environmental issues, boundary line disputes, and defects in specified structures, components, and systems.
You must make these disclosures prior to signing the sales contract, on a standard form that’s discussed below. The disclosure is not meant to serve as a warranty or substitute for inspections, but to put the buyer on an equal footing with you during contract negotiations.
If you like the offer and you have agreed then both parties will need to sign all the paperwork and send it off to your lawyers for review. During this time you are now in the attorney and inspection review period.
The attorneys may make some small changes and the closing date will be finalized based off of the lenders ability to get the loan finished in time.
The buyers will probably now schedule a home inspection and radon inspection. They may request a pest inspection too. The buyers are the ones who pay for these inspections.
The buyers usually accompany the inspector and since you are working without a Realtor you should be home during this process. If you allowed the buyers to have a Realtor then they will come with their buyers and you do not have to be present if you choose so.
After all the inspection reports come back there could be more negotiations based off the findings, the buyers could kill the deal and get their earnest money back or everything moves along without any further actions. Surprisingly a lot of homes do have higher than normal radon levels so don’t be surprised if your home does too. Typical radon mitigation usually costs 1 to 3 thousand dollars depending on the type of home you have.
After the inspection and attorney review period is oner the next hurdle is the buyers getting the mortgage to purchase the home.
When I’m working with clients I try to keep weekly checkins with the lender to make certain everything is moving along at the right pace.
Now not to freak you out…but the lending can fall through even at the last minute. It’s possible the buyers possible didn’t have their finances in line and they numbers weren’t going to work for the lender. If you agreed to a mortgage contingency then the buyers get their money back and your are back to listing your home again to start this fun process all over again. This does happen.
But let’s say things are moving along just fine. You should be packing up and planning your move at this point in hoping everything goes smooth on the buyers end so you can be moved out by closing.
During this time your attorney will be responsible for making sure your home has a clean title which you will pay for which can cost 2-4K. You will also be responsible for back taxes for the time you lived in the house during the past year and second half of the previous year if you hadn’t paid your property tax bill yet.
So if everything goes good on the lender side then your almost at the finish line. Hopefully there has been dialogue between all parties during this process and there are no surpises. The buyers will want to schedule a final walkthrough a day or two before closing to make sure everything that was suppose to stay is still in the house and they house is still in the same shape as when they agreed to purchase.
Lastly, your lawyer should have scheduled the closing at a local title company. You will meet them there to sign off all the paperwork and hand over the keys and hopefully collect your proceeds!
That concludes The Steps To Sell Your House By Owner. Obviously there are details and steps but this is a good start. If you have more questions on this process please feel free to reach out!
The Easiest Way To Sell Your Chicago Area House Fast
At Meyers Real Estate Services we believe the house selling process should be easier, faster, and more painless for Chicago Area house sellers. You’ll get multiple options that traditional Chicago Area real estate agents and cash home buyers can’t offer. We can offer to list your home on the MLS or we can buy your house for Cash, AS-IS and close when it’s convenient to you. If you want to Sell Your Chicago Area House Fast contact us now! Click here to read more about [company].
Fill out the form and we will contact you immediatly to start the process. It’s that easy!
Sell your Chicago Area house fast the way that fits you best
There is no reason for settling for just one option with traditional home buyers or Chicago Area real estate agents. Whether you want top dollar & have some time, or you want a fair cash offer for speed & convenience, we have you covered at Meyers Real Estate Services . We offer home owners in the Chicago Area many different options depending on their situation. If you have a home that you no longer want or need and your thinking to yourself..”How To Sell My House Without Realtor” then call/text/email now!
☑️ Avoiding Foreclosure
☑️ Repairs Needed
☑️ Water, Fire and Mold Damage
☑️ Inherited A Home
Skip Repairs, Realtors Fees and Closing Costs
You can Sell Your House By Yourselfbut I do not want to pay all the fees and to wait months hoping my house will sell. I just want to sell my house in Illinois and walk away with Cash in hand! – We Got Your Covered!
Our “Quick, Easy and Convenient Sale” Option:
The Steps To Sell Your House By Owner
We’ll make you a fair cash offer so you can sell without the hassles and stress of listing.
Competitive Cash offer within 24 hours Tell us about your house, then we’ll carefully evaluate it with local market expertise, & provide you a fair no-obligation offer.
No Showings – No Hassles Skip open houses, weekend showings, and disrupting your life.
You choose your closing day Once we make an offer, we can close in just days, not months. You pick the date that is best for you.
We’ll cover any repairs We buy AS-IS! Your house need repairs? We’ll handle them for you. You can even leave behind unwanted items and we’ll haul them off – no extra charge.
We pay all closing costs Closing costs can add up, which is why we cover them for you. No extra costs or hidden fees. All inclusive.
No fees or commissions Since we’re buying your house, we charge no fees and no commissions. Refreshing? We think so too.
Perfect if you want to maximize your sale price and list it on the Chicago Area market. We use the top marketing methods to get you top dollar!
Maximize your sale price We’ll sell your Chicago Area area house at the highest possible price with our wide buyer network and the best marketing in Chicago Area . I pay for all marketing as part of my commission too!
More peace of mind If a buyer’s financing falls through or something happens and you can’t wait, we are always able to buy your house from you.
Chicago Area expertise at every step From setting the right list price to closing, you’ll be supported by local Chicago Area real estate experts.
Our cash offer is on standby At any time you can always activate our Meyers Real Estate Services Fair Cash Offer. When you list with us you always have multiple options to sell.
*Ask about our “Fix and List” option For the right situations, we can often fund and do improvements to your house to raise the value for a higher sales price. Often putting an additional $10k – $30k+ into seller’s pockets.
*Inquire to see if your house qualifies for our “fix and list” program
To start, simply tell us about your Chicago Area area house on this website or give us a call at 1 (847) 281-5143. Get your fair cash offer within 24 hours. No obligations at all.
Tell us about your Chicago Area house: we’ll get to work today analyzing your property.
We’ll make you a fair offer based on the market value and condition.
You get to choose the selling option that works best for you. (zero obligation)
Dan helps Angel and Charles find an off market home!
Angel and Charles needed to move from San Francisco to the Chicago area for new jobs. The market was absolutely crazy. I was showing them homes virtually and we were losing out in bidding wars. I’m always looking for off market homes to try to help home owners and Frank from Hoffman Estates reached out to me. He wanted to sell his house preferably off market. I originally thought I was going to buy the home and fix and flip or keep it as rental but when I looked at it I thought Angel and Charles would love it. They did and it was a win-win for everyone!
Dan helps Dave with his Schaumburg Home.
Dave needed help with his Schaumburg home. His forbearance was ending and his home needed a little TLC. He wanted to move to Tennessee to be near family so we sat down and came up with a solution for all.
How Fast Do You Need To Sell Your House in Chicago Area ?
Since we are a real estate investment company as well as licensed and reputable real estate agents, we have multiple ways we can work with you to sell your home on your schedule and for the highest price.
Some of the ways we work with homeowners…
We can list your house on the market and use our proprietary marketing methods to sell your Chicago Area house fast
or, if you want speed and convenience, we can make you an all-cash offer and close in as little as seven days with no fees so you can Sell Your House By Yourself
At Meyers Real Estate Services We Offer A Better, Faster, and Lower Cost Way To Sell A Chicago Area House – As Is, In Cash
Avoid real estate agent commissions
Avoid closing costs
We cover all repairs with our “Quick Cash Sale” option
Avoid open houses
See what we can offer for your house today!
Already got an offer? Let us try to beat it!
We work differently at Meyers Real Estate Services . We’re not just real estate investors, and we’re not just real estate agents. We’re both! And that provides you – and us – with many different options for selling your Chicago Area home fast so you can Sell Your House By Yourself.
When you contact us and submit the short property information form (below), we’ll reach out to discuss. We can give you a fair cash offer in as little as 24 hours.. and the best part is: we can close whenever YOU choose to close. Or, we can figure out the best way to list and market your property to sell for the highest price – it’s entirely up to you. It doesn’t matter what condition the house is in, or even if there are tenants in there that you can’t get rid of… don’t worry about it. We’ll take care of it for you. And if you need the cash quickly, we can close in as little as 7 days because we buy houses with cash and don’t have to rely on traditional bank financing. (Go here to learn about our process →)
Before You List Your Chicago Area House, Get A Fair Cash Offer From Us!
No matter what condition your house is in; no matter what situation or timeframe you’re facing…
Our goal is to help make your life easier and get you out from under the property that’s stressing you out… while still paying a fast, fair, and honest price for your house or helping guide you through the steps to list it on the market for the highest price. Or, if you’re looking to maximize the amount you can get for your house, we can partner with you to list your Chicago Area house to sell it for top dollar. Either way we’ve got you covered.
Get Your Fast, Fair No Obligation Offer Today!
START HERE: We buy houses in ANY CONDITION in Illinois. Save on Realtor Fees, repairs and leave it for us to clean! Whether you need to sell your home fast for cash or list with us for top dollar, we can help.
The Best Way To Sell A House Quickly In Chicago Area
We help property owners just like you, in all kinds of situations. From divorce, foreclosure, death of a family member, burdensome rental property, and all kinds of other situations. We buy houses in Chicago Area and surrounding states and pay a fair cash price, fast. We also operate as traditional agents, and our knowledge and experience of the Chicago Area real estate market mean that we help homeowners get top dollar for their homes on the market all the time.
If you simply don’t want to put up with the hassle of owning that house any longer, and if you aren’t sure whether you should go through the process of selling your property the traditional way, let us know about the property you’d like to be rid of. You can either sell it to us fast for cash or work with us to get top dollart on the market. Talk to someone in our office before submitting your property information by calling us today at 1 (847) 281-5143
We buy houses in Chicago Area and all surrounding states. If you need to sell your house fast in Chicago Area , connect with us… we’d love to make you a fair no-obligation no-hassle offer. Take it or leave it. You’ve got nothing to lose 🙂