How to Sell a House to a Friend So No One Feels Cheated: 13 Do’s and Don’ts

Whether you have a mountain cabin, a beach bungalow, a slopeside condo, or a beautiful home anywhere in the country, you’ve probably heard more than one visitor exclaim: “Wow! This place is gorgeous! If you ever decide to sell, please let me know.” Now, that moment has arrived, and you’re wondering how to sell a house to a friend. Find an Agent to Coordinate a Sale Among Friends “It’s always tougher to negotiate with a friend,” says Edward Kaminsky, a top real estate agent in Los Angeles County. HomeLight can help connect you with an agent who is qualified to help. Your friend is serious about buying your home, and you’re relieved that you won’t have to find a buyer on the open market. But at the same time, you know there are some challenges and financial details you’ll need to think through. You don’t want to face regrets later on about how much you sold the house for or how the deal came together. After all, it’s still a major transaction rife with emotion. With these potential difficulties in mind, follow these dos and don’ts on how to sell a house to a friend if it’s something you’re considering. Do: Consider hiring a real estate agent Hiring a real estate agent is not compulso...