In lieu of depending upon realtors some people choose to look for houses themselves so that they can cut down the cost of brokerage fees and spend that money on the house itself. Many people believe that it isn’t permitted by the law to buy a house without a real estate agent, which is clearly a miss conception and you’ll be happy to hear that 10 – 15 % of the houses that are sold in the US are purchased without the intervention of a real estate agent. While it may be difficult for some people, buying a house without the help of an agent isn’t impossible. So if you are planning to buy a house and that too on your own, then we have a guide to finding homes for sale below. Good luck!
1. Find properties for sale by networking
Networking is an amazing tactic to reach out to home-sellers even before their house goes up on the market for sale. Your peers might know someone who is planning to sell his house and by getting in touch with them you can have the advantage of making the first offer. This will also cut down the cost it would’ve taken for the both of you to hire a real estate agent. You can ask your family, friends, acquaintances, and people at work if they know of any people looking to sell their homes. You could even get more than one recommendations.
2. Find properties for sale on the internet
Internet is a great source to look for houses that are up for sale. There are a lot of sites which serve the sole purpose of connecting the homebuyer with the home seller. Start off by checking out sites like Craigslist or Auction to begin your search. You can easily find out homes that are for sale by the owner from the convenience of your home.
3. Find properties for sale in real estate magazines
Real estate magazines are another great source of finding out homes for sale in your area. There is a separate section for ‘for sale by owner’ in which you’ll be able to find houses that won’t require you to get in touch with an agent and you will be able to directly get in contact with the seller.
4. Drive by neighborhoods
If you have a certain neighborhood in mind which you would love to live in then you can drive by it and if you’re lucky you will be able to find out signs that indicate ‘for sale by owner’. When you do find such signs, note down the contact information of the owner which is written on the sign.
5. Find properties for sale in investment clubs
Investment clubs are a good place to reach out to in case you are searching for a house. These clubs usually have a list of properties that are up for sale and you can get them easily if you are a member of a real estate investment club.