![]() ![]() You'll need professional photos for your listing - photos taken with your iPhone are much less likely to impress - and you'll want to showcase a clean and furnished home for potential buyers to see.Ī well-staged home can help you sell faster and for more money. » LEARN: Best Paint Colors to Sell a House "That's very noticeable and should be repaired." "Sometimes in the basement, walls might collapse a little bit, or there's a foundation crack in between the cinder blocks," □□ Ask a realtor: Cristiano notes that rain can cause foundation problems in New Jersey homes. The New Jersey Department of Environmental Protection (DEP) recommends that all homeowners hire a professional to test their houses for radon and perform mitigation if tests show levels of 4 picocuries per liter (pCi/L) or more. Radon testing is also a common issue in New Jersey, even for homes that don't have basements, according to Gina Cristiano, a realtor with Shore Realty Exchange. For this reason, it might be a good idea to conduct the tank sweep yourself before listing the home. If the buyer does find an underground tank, they may demand that you have it removed and perform any related clean-up, which could delay the transaction by months. Buyers are responsible for due diligence on the property, including checking for underground tanks. They usually charge a fee of around $250. You'll need a licensed contractor, usually oil tank removal companies, to perform a tank sweep. Many of these tanks are old and corroded, posing the risk of hazardous leaks. Millions of New Jersey homes have heating oil tanks buried underground. To prepare your home for sale, consider doing a "tank sweep" to check for any buried tanks. How to sell a house by owner in New Jersey You can interview agents and get a free home valuation so you’ll know you’ve explored all of your options.Ĭonnect with top, local agents in New Jersey! In addition to looking into FSBO, reach out to Clever to connect with multiple agents in your area. You can save money and the headache of doing it all on your own. Clever Real Estate matches sellers in New Jersey with experienced, local agents who offer traditional service for just 1.5%. If saving money on realtor commission is what you’re after, it’s worth looking into real estate agents who’ll work at a lower-than-typical commission. If more than a couple of the criteria above don't apply, consider hiring an agent instead. Selling FSBO gives you the chance to make all of the decisions about pricing, marketing, and negotiating. You want more control over the sale of your home. ![]() However, you'll still need to handle the closing process and complete all of the necessary paperwork. If you already found a buyer, your job is mostly done. If you have a demanding job or a busy family, it may be challenging to find the time to market and close on the home. Taking on the tasks typically handled by a realtor is a lot of work. You have the time and energy to sell on your own. Having someone to lean on for (free) advice is very valuable in case you have questions. You have a friend or family member who is a real estate expert. If so, you already have a good understanding of the selling process. You've sold a home before, with an agent or on your own. ![]() Before you make this major decision, review the pros and cons of FSBO.Ĭhoosing to sell without a realtor could be right for you if: Selling a home without the help of a real estate agent isn't the best idea for everyone. Our guide will help you determine whether selling your home without a realtor in New Jersey is the right decision for you. Selling your home independently is only a viable option if you have the experience and confidence to take on the role of a real estate agent. All of the extra work is why only 10% of home sales are by owner.Īdditionally, there's a risk that you might end up selling your home for up to 35% less than you would with a real estate agent. You'll be responsible for listing and marketing your home, scheduling showings, negotiating offers, and navigating all of the paperwork for closing. However, selling your home on your own, also known as selling for sale by owner (FSBO), can be an overwhelming task. This works out to $12,311 on a typical New Jersey home. Learn more about why you can trust our advice.ĭeciding to sell your home without an agent in New Jersey means you won't have to pay the average New Jersey listing commissionofĢ.63%. Why trust us: To create this guide, we surveyed and interviewed New Jersey real estate agents, studied New Jersey real estate law, and researched more than 20 FSBO companies and alternatives. ![]()
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