Whether you recently took a job in a different city or you suddenly need to move to another city to care for your aging parents, life has a way of throwing curveballs. Regardless of what season of life you are in, change is a constant. Sometimes, you need to sell your house fast and move on to the next chapter of your story sooner rather than later.
What are your options?
You can either list your home with a Realtor, sell to a property investor, or market the property yourself (For Sale By Owner, FSBO). While these options can all help you take the first step to "sold," some will propel you to the closing table faster than others.
Using a realtor
Enlisting the help of a real estate agent is a popular route since agents help you market your home, arrange showings, prepare necessary documents, and negotiate deals with buyers. While this is a traditional method of selling real estate, this does not always mean it is the fastest or most cost-efficient.
Agents claim they can sell your house for more money, but at what cost?
Especially if your home needs updates or repairs, your Realtor will most likely suggest fixes and renovations to get your house market-ready. Along with the cost of renovations, you should also consider other expenses you will encounter at different points in the real estate transaction. These include the pre-sale home inspection, Realtor's commission, and closing costs.
Using a Realtor may not be the best option if you are under time and budget constraints. While most agents work hard for their clients, not all of them have your best interests at heart.
Selling by owner
Known as FSBO, you could decide to do it on your own. While you would save money on expenses like the Realtor's commission, you will take on all of the work. This means you will be responsible for marketing your home, arranging showings, and completing paperwork correctly, among other duties.
If you have the time, money, legal knowledge, and marketing expertise to navigate the selling process yourself, this is an option you can explore.
Selling for cash
By far, selling your home as-is for cash is the most efficient way to sell fast for a fair price. Check out these benefits of working with a cash buyer:
- No repairs are necessary - Selling your home for cash, as-is could be a great option because you do not have to invest time or money to prepare your home for a sale.
- No dependence upon lender approval - Cash offers do not require mortgage approval, so you can typically expect to sell your house and move on in as little as one week.
- No contingency clauses - These conditions usually protect the buyer more than the seller and can complicate the sale of your home.
- No waiting games - You can close on your own timeline!
It is not too good to be true. You can sell your house without spending money on renovations, cleaning your house endlessly for showings, or negotiating with fickle buyers.
Tips to sell your home fast
Tip 1: Sell to a property investor
Real estate investors make all-cash offers for off-market homes that typically require updates or repairs. After purchasing the property, they make the necessary renovations then they will rent or resell these properties.
Tip 2: Assess the value of your home
It pays to know your worth...literally! Do not trust your Zestimate because it is not as precise as you might think!
If you need to sell your house fast and for the highest price possible, but do not want to spend time or money checking less-than-accurate online valuation tools or hiring professional home appraisers, Simply is your solution.
You can trust that our database is frequently updated, and our quotes are more reliable than other online estimators like Zillow. Find out what your property is worth today!
Tip 3: Verify the buyer
While Realtors must be licensed, real estate investors do not have to be. It is critical to ensure you are working with an ethical investor because the industry is filled with scammers.
Along with the possibility of being scammed, you may encounter real estate investors and companies who are not transparent about their buying process and who often place untrustworthy pressure on sellers. Before doing a deal with them, be sure to investigate the buyer's reputation and ethics.
Tip 4: Set a timeline for yourself
One of the advantages of partnering with a cash buyer is that the mortgage company is not calling the shots, you are! As the seller, your home's price is not contingent upon an appraisal, and you eliminate a majority of the waiting that is commonplace in a traditional real estate transaction. In fact, when you sell to Simply, you can close in as little as seven days or as long as 60 days.
Tip 5: Sell as-is
When you sell your home off the market to a cash buyer, you do not have to shoulder the burden of updates and renovations. The investor or company assumes total responsibility for all the required repairs so you do not have to!
Tip 6: Beware of unjustified charges
Remain watchful over your credit history to make sure the company or investor has not taken out a second mortgage on your home, and beware of anyone who demands an upfront application fee.
Simply is your fast track to "sold"
At Simply, we guarantee the entire process will be straightforward, transparent, and get you the highest price possible.
If you are ready to sell your home quickly, you can receive your free, no-obligation offer in as little as 30 seconds! All we need is your property's address, and we will let you know if we are interested in your home.