Need To Sell Your House Fast? Explore Your Options
Every so often, you may find yourself in a situation where you need to sell your home fast. Job changes, inheritances, or divorce are just a few circumstances that can create an urgency to sell. When homeownership turns from a privilege to a burden, it is time to figure out how to sell your home quickly. If you wonder, “How will I find someone to buy my house fast?” Know that you have some options. The right solution will be different for every situation and person.
As a homeowner, it’s important to remember that you are in control. You hold a valuable asset that people want. If you are in a situation where you need to sell fast, do an honest assessment of the property you need to unload. If you have a home in good condition in a seller’s market, you can probably get it under contract in no time. If your home needs extensive repairs, has quirky features, or it is a buyer’s market, you could benefit from selling to a residential real estate investor. Let’s explore the two selling options in more detail:
1. A Traditional Home Sale
When you list your home for sale, you don’t have a guarantee it will sell quickly. A good agent can help you predict how fast your home will move and for what price. Even still, some variables can hold up a home sale. Whether you are sitting in a buyer’s market, are held up by inspection items, or your buyers have financing issues, even a straightforward sale can be unpredictable. Typically, a traditional closing takes 30-45 days after you go under contract, but a cash buyer can speed up the process.
It can be stressful and time-consuming if you sell your home on the Multiple Listing Service (MLS) using a real estate agent and are up against a timeline. You do have some control over the process and how quickly it moves. Selling traditionally with a real estate agent will typically net you a higher profit. If you are up for the challenge, you can try these tricks to sell your home faster:
Choose The Best Realtor. You want to find a real estate agent who understands the importance of selling your home fast. An experienced realtor will coach you on getting your home ready to sell, bring in a professional photographer, and market your home like a pro. Quality marketing can move a house quickly.
Make The Right Fixes. This is your chance to make your home sparkle. Get some yard work, put on a fresh coat of paint, and fix cosmetic imperfections. Before photos, you must declutter every room, remove personal items, and clean every surface. A buyer should walk in and envision themself loving life in your home.
Price It Right. You want to maximize the profit on the sale of your home, but a realistic price is essential to a quick sale. An overpriced house will deter buyers and cause the home to sit without offers. While a home sits on the market, you must make mortgage payments and handle maintenance and upkeep. If you want your home to sell fast, price it right.
Be Open To Negotiating. If your top priority is the fast sale of your home, be open to fair negotiations with potential buyers. Whether they are negotiating the sales cost, closing fees, or inspection items, entertain all reasonable requests, so you avoid losing out on a sale.
Selling through a realtor will take longer but will net you higher proceeds. If you can make repairs and get your home ready to hit the market, it might be the best route for you to take.
2. Selling To A Real Estate Investor
If you sell to an investor, they can expedite the process and get you out of your home in as little as a week. You don’t even need to clean on your way out. It is a straightforward process that will move at the pace you need.
I’m sure you’ve seen advertisements of investors who will buy your home for cash. And while some untrustworthy “investors” are out there, there are also companies who will do what they promise. To buy homes fast, they will come in with cash and close on your house on your timeline. After closing, the investor will handle all the work your home needs before it hits the open market. You just need to find the right investor. Here are some tips:
Interview Investors. There are likely a variety of investors in your neighborhood who would love the opportunity to put an offer in on your home. Interview as many as it takes before you find one that you trust.
Entertain Offers. Investors will assess your property and make offers based on the location and condition of your home. Some people take the highest offer, while others sell to the person they believe will do right by their beloved home.
Set A Closing Date. When you sell to an investor, they can work with your timeline. Cash closings and real estate expertise can tremendously speed up a real estate deal.
Move Out. When you sell to an investor, you only have to move out your belongings. And if you need help with that, they have the tools and resources to assist you in getting out of your home. Whether you need help moving your belongings, getting rid of things, or figuring out where you will go next, don’t hesitate to ask your investor for help. An investor can provide the information and tools you need to move on to the next phase of your life.
If it’s time to move on from your home, finding someone to help you through the transaction is incredibly valuable. Whether you rely on a trusted real estate agent or find the resources you need by working with an investor, find a true professional with your best interests at heart. Selling your home doesn’t have to be scary and overwhelming. By partnering with someone you trust, you will get to the other side of the transaction with peace of mind and poised to enjoy your new beginning.
Make sure you're dealing with a reputable company that keeps their word, so you don't end up in a lose-lose situation.
If somone cannot answer yes to all of these questions, how can you trust them to do what they say?
Work with Express Homebuyers and you'll have both Peace of Mind and Cash In Your Pockets.
- Do they have proof of $$ in the bank that shows they are making an honest offer?
- Do they have an A+ rating by the Better Business Bureau?
- Do they have video testimonials from actual customers that they can show you?
- Will they provide up to a $10,000 cash advance to help with expenses when moving?
- Do they have a physical office and staff to help you through the entire process, or are they just working out of their car?