Selling a house has never been easy, and quite frankly, it can be stressful. And when you are under a serious time crunch, the situation becomes even worse – nerve-wracking so to say. Now, there are a number of reasons why you might need to sell your house fast – could be because you got a new job somewhere else, financial reasons, or because of a personal reason – but whatever the case may be, there are a number of tips and tricks you can use to not only increase your property’s marketability but also turbocharge the selling process. But first:
What is the quickest way to sell a property?
When you are in a “sell my house fast” situation, often you don’t always have the time for the traditional way of selling – whereby you are needed to deep clean the place, do some repairs throughout the entire property, which, by the way, requires a significant amount of cash, all aimed getting the best price possible. So, when in such a situation, the best way to sell the property is selling it to an investor or a middle man for cash. You just need to decide whether you are looking to sell the property as-is, or you will carry out several renovations. What you need to know is that when you sell the property as-is, the price will not be as high. But again, when you consider the urgency that’s at stake, plus all the stress that comes with renovations, or trying to get the property into a better state, selling as-is would be the best way to go.
Now, you can choose to hire a professional property agent who has been in the industry for quite some time, to help you find a buyer. Remember, he or she knows exactly how to help you get the best buyer, and also avoid mistakes that many home sellers make.
How fast can the house sell?
Normally, you will find a home remaining on the market for weeks, or even months, before selling, which is definitely something you don’t want to happen. So, if you are working with a good and experienced real estate agent, it is very possible for your home to sell even within several days or weeks. Property agents understand how the market works, and so, collaborate with one and trust that the house will find a buyer willing to pay cash – could be a company, or an investor – within a short period of time. You just need to explain to the agents what your needs are.
Can I sell the house by myself without an agent?
Of course you can! But the thing is, you have to be prepared to negotiate like a pro. It is true that some people do sell their properties without involving a property agent, and it’s mostly because they are looking to save the commission they would have otherwise paid to the agent. It’s totally understandable! But be ready to deal with all the paperwork, consult a property lawyer in regards to your transaction, and everything else that’s involved in a property transaction. And since you are looking to sell the house pretty quickly, you also need to have a better understanding of the ins and outs of a home selling process.
What are some of the advantages of selling your house for cash?
Despite what people may think about selling their homes for cash, when it becomes a matter of urgency, you are not left with much of a choice. And yes, it might not be the best choice, but it has to make sense at some point. What you may not know is that, compared to the traditional property selling process, this method is, in actuality, pretty advantageous. Some of the advantages include:
You get the offers very first – when you list your property on the market, you can even wait for months before receiving a single offer, and when time is of the essence, you don’t want that, and it will certainly be an issue. It doesn’t matter whether it’s priced right or not, the truth is that you won’t get the offer you are looking for for some time. Now, when you sell to a cash buyer, you can get an offer in a matter of days, particularly if you were working with a professional property agent
The transaction process is fast – using the traditional means, selling a house is often a lengthy process, regardless of how smooth the process might be. In most cases, the homebuyers are always looking for home financing, a process that takes a while. And you haven’t accounted for the process of having your property under contract before closing, which typically takes around two months. Also, don’t forget that the deal can go wrong at any point during the process. But when you sell to an investor for cash, the process is pretty quick, even within a week or two. Yes, that’s how fast it can take when you choose this route.
You are able to sell the house as-is – there are some instances where you either can’t afford to make necessary repairs before selling, or you just don’t want to. Now, in such instances, selling your house to an investment company might make a lot of sense. Remember that when you sell your property the traditional way, buyers negotiate based on what they see, and that means if there are repairs that need to be made, they will take it into account. But when you sell the house as-is, you are basically selling it exactly as it is and might pay a decent price for it. Repairs are costly, and they take time, so let an investor take this burden off you.
You can sell even in tough times – there are times when you encounter challenging circumstances that may hinder you from selling a house, such as large amounts of tax dues or fees, storm damage, title flaws, code violations, or even major repairs. Now, in such circumstances, even you can admit that finding a buyer, especially one who’s borrowing money to finance the purchase, would be a painstaking task. But when selling the property for cash, the mortgage is out of the picture, which means that’s it very possible to sell it even under these circumstances. Home investors are willing to buy such properties, where they later fix them and then resell them.
Every home is different. So, if you are thinking about selling your house, it is good to consult a professional property agent for advice. Remember there are several things you need to do if you want to sell your house faster. We can help you maximise your home’s appeal without going overboard, and most importantly, enable you to sell it faster and for a good price. Click here to learn more on how you can actually achieve all these and how we can be of assistance.