How to Sell Your House without a Realtor in Texas?

Texans pay an average of 5.49% of their home value to realtors. That’s thousands of dollars gone in commissions!

Luckily, you can avoid this huge fee by selling your house without a realtor in Texas. This process is also called For Sale By Owner (FSBO). But it’s not really easy and you should expect some decent challenges. 

In today’s post, we will walk you through every step of this journey. From arranging paperwork to marketing, here is how to sell your house without a realtor in Texas like a pro!

 

Can You Sell Your House without a Realtor in Texas?

Yes, selling your house without a realtor in Texas is totally possible. 10% of all US home sales are made through FSBO. These people save around $16,000 to $18,000 on a property worth $300,000!

FSBO home sales indeed require more effort and time. You have to handle pricing, marketing, showing, negotiating, and everything else directly with buyers. But many homeowners find the savings and control worth it. 

Please note that the Lone Star State doesn’t have any restrictions on FSBO sales. You can legally sell your house without a realtor – just make sure to arrange the required paperwork (more on this later!).

 

Pros of Selling Your House without a Realtor in Texas

  • Save Money on Commissions: You can save around 5-6% of the sale price by not paying a realtor’s commission.
  • Full Control: You have complete control over the pricing, marketing, and negotiations.
  • Personal Involvement: Direct interaction with buyers can provide a more personal touch, potentially leading to smoother transactions.
  • Flexibility: You can schedule showings and open houses according to your convenience.

Cons of Selling a House Without a Realtor

  • Time-Consuming: Handling all aspects of the sale process can be very time-consuming.
  • Lack of Expertise: Realtors have market knowledge and negotiation skills that you might lack. You might struggle to get better offers or fulfill all legal obligations. 

 

8 Steps to Sell Your House without a Realtor in Texas

Selling a house without a realtor is difficult but not impossible. Anyone can sell their home themselves and save thousands in commission. You just have to follow the right steps and take care of the paperwork. Here is a step-by-step walkthrough of the entire process:

 

1. Prepare Your House for Sale

Getting your house ready to sell is the first and most important step. Start by cleaning every room thoroughly; a spotless home makes a great first impression. 

Then, declutter by removing personal items and excess furniture to make the space look bigger and more inviting. We also recommend doing minor repairs, like fixing leaky faucets, patching up holes in the walls, and replacing broken tiles. 

Consider a fresh coat of paint in neutral colors to make the home feel new and appealing. And don’t forget the exterior – mow the lawn, trim the bushes, and add some colorful flowers to boost curb appeal. 

Remember that a well-prepared house will attract more buyers willing to pay better prices. 

Don’t have the budget to spend a lot on house prep? Check out 7 Tips to Sell Your House Fast during Financial Issues!

 

2. Determine Its Current Value 

Knowing your home’s current value is crucial to setting the right price. Start by researching recent sales of similar homes in your neighborhood. This can give you a general idea of what buyers are willing to pay.

Consider getting a professional appraisal for a more accurate valuation. However, if you want a quick and easy estimate, try using DTX Equity’s Free Cash Offer tool. Simply enter your address, and you’ll receive an honest, market-competitive offer within 24 hours.

This tool helps you understand your property’s value without needing a realtor. With this information, you can set a competitive price that attracts buyers and maximizes your profit.

 

3. Arrange the Paperwork

Proper documentation ensures a smooth transaction and compliance with state laws. Here are the key documents you’ll need in Texas:

  • Seller’s Disclosure Notice: This document requires you to disclose any known issues with the property, such as past flooding, structural problems, or any repairs that have been made. Full disclosure protects you from potential legal issues after the sale.
  • Lead-Based Paint Addendum: If your house was built before 1978, you must provide this addendum. It informs the buyer about any known lead-based paint in the home and the potential risks associated with it.
  • 1-4 Residential Resale Contract: This is the primary sales contract used for single-family homes, duplexes, triplexes, and fourplexes. It outlines the terms of the sale, including the price, closing date, and any contingencies.
  • Third-Party Financing Addendum: If the buyer is obtaining a mortgage, this addendum details the financing terms and what happens if the buyer cannot secure the loan.
  • Homeowner’s Association (HOA) Addendum: If your property is part of an HOA, this document provides details about the association’s rules, fees, and any pending assessments.

In addition to these specific forms, you’ll also need general documents like the title report, a copy of the property survey, and any warranty information for appliances or systems being sold with the house.

Make sure everything is complete and accurate to avoid complications during the closing. You can get more details at the official Texas Real Estate Commission site. 

 

4. Create a Listing

The listing is your property’s digital for-sale sign. It’s a description of what makes your house a great deal and why people should buy it. So, that is where you are going to spend the bulk of your time. 

Here’s how to create a compelling listing for FSBO sales in 2024:

Step 1: Collect Key Data

First, gather important information about your property, including the address, square footage, number of bedrooms and bathrooms, lot size, and the year it was built. Be sure to note down any recent upgrades like a new roof, an updated kitchen, or energy-efficient windows. 

You should also find unique features like a swimming pool, fireplace, or a large backyard that set your home apart from others.

Step 2: Take High-Quality Photos

Now, take clear and vibrant photos to showcase your home. Use a good camera or hire a professional photographer to capture your property in the best light possible.

When taking photos, make sure the house is clean and well-staged. Take one of every room, the front and back years, and any special features. Most buyers check the photos first so you must grab their attention. 

Step 3: Write the Description

When writing the description for your listing, start with an engaging opening line that highlights the best features of your home. Provide a detailed description of the property, focusing on what makes it unique and desirable. 

Also, mention the benefits of the neighborhood, such as proximity to schools, parks, shopping centers, and public transportation. This makes your house interesting for potential buyers. 

Step 4: Choose the Right Platforms

Once everything is prepared, it’s time to publish your listing online. Zillow and Realtor.com are two of the most popular real estate websites. They are easy to use and offer extensive reach to first-time sellers.  

But you can also try Facebook Marketplace to reach local buyers and share the listing in community groups. Craigslist, although it may seem outdated, is another option that still attracts a lot of local buyers looking for deals.

 

5. Market Properly 

When your listings are up, don’t sit and wait for the buyers to contact you. Hop onto social media and share your listing with friends and in local real estate groups on platforms like Facebook and Instagram. 

63% of realtors use social media to advertise their house listings. So, there are a lot of potential buyers on these sites. Use them to your advantage and grab some leads!

And don’t forget about the good old-fashioned way: make some eye-catching flyers and stick up “For Sale” signs around your neighborhood. 

 

6. Conduct Home Showings

Home showings are when potential buyers visit your property to see it in person. As an FSBO seller in Texas, you’ll want to make these showings as smooth and welcoming as possible.

Start by scheduling appointments at times that work for both you and the interested buyers. Do not ask all the prospects to visit at once. Instead, give them each a separate slot so that you can discuss with each one differently. 

Once the time is decided, give your home a quick clean to make each room look its best. When the showing starts, greet visitors warmly and provide them with space to explore the house at their own pace. 

Be ready to answer any questions they might have about the property or the neighborhood. We also recommend offering refreshments or snacks to create a friendly atmosphere.

 

7. Negotiate Like a Pro

This is the main stage where you will feel quite overwhelmed. Realtors are trained sales professionals who know how to tackle their clients and convince them to agree to a deal. So, when selling without a realtor, you will find negotiations difficult.

Don’t worry because here are some tips to help you deal with clients like a pro:

  • Know your property’s worth and be clear on your bottom line.
  • Listen carefully to buyers’ offers and understand their concerns.
  • Be firm but willing to compromise where necessary.
  • Highlight the unique features of your home and be prepared to provide evidence to support your asking price.
  • Stay calm and composed. 

Remember, the goal is to reach a fair agreement that works for both parties.

 

8. Close the Deal

After you’ve negotiated a price and agreed on terms with the buyer, finalize the sale. You should do this by drafting a purchase agreement outlining all the details of the transaction. This includes the sale price, closing date, and any contingencies. 

Contact a lawyer and he will get the work done for you. But make sure to review the contract carefully and seek your lawyer’s advice where necessary.

Next, ask your buyer if they would like to schedule a home inspection. If they agree, you will have to make the agreed-upon repairs before receiving the payment. After this, you will have one last meeting which involves:

  • Signing all the necessary paperwork
  • Transferring ownership of the property
  • Exchanging the funds

So, make sure to bring all the required documents and sign the paperwork. Once everything is signed and funds are transferred, congratulations! The deal is officially closed, and you can hand over the keys to the new owner.

 

DTX Equity: Sell Your Property Fast 

A cash house buyer is an excellent option for those selling a house without a realtor. They offer the convenience of bypassing the traditional sale process, saving you time and effort. Plus, you won’t have to worry about realtor commissions or lengthy negotiations.

In Texas, DTX Equity stands out as one of the best cash house buyers. They offer market-competitive rates and accept all types of properties, regardless of their condition or background. 

Whether your house needs repairs, is facing foreclosure, or has been damaged by storms, DTX Equity will buy it. Their professional and supportive team ensures a smooth selling experience too. 

Ready to get instant cash payments without going through the 8-step sales process? Call us at (972) 433-6888 or send us a message here!

 

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