Most people looking to sell their house first think about calling their Realtor. The fact is there are several ways open to sell your house fast.
Which method should you use?
This article will act as a guide on how you can use various methods to sell your house fast.
1) Through a Realtor
When most people need to sell their house, this is the first option they consider. To successfully sell your house through a Realtor, the following factors are important.
First, the house needs to be in perfect shape. Too many perfect properties are sitting on the market that you stand little chance of selling your house if it does not stick out.
Second, you must have enough equity in the home to pay the real estate commissions and sell it at a discount.
There are so many properties priced at huge discounts that you stand little chance of selling a house priced at full market value.
Third, you must be ready to wait. Lots of houses are sitting on the market for months and don’t even sell.
Unless you are able to wait, this option might not work for you.
2) Selling your house yourself
This is the For Sale By Owner method. This means the ball is on your court – look for buyers, run any advertising campaigns, negotiate the price, show the house, do the paperwork, etc. Someone selling through a Realtor gets advice, but in this case it’s all up to you.
Of course you will still pay closing costs even when you sell your house yourself. If you have a lot of time in your hands and you have some experience in the real estate market, this may be an open option for you.
3) Sell your house to a real estate investor
In your local market, there are people that buy and sell houses. Sometimes they buy houses, fix them and then sell them. Sometimes they keep them and rent them out.
Even when it may look impossible to sell, real estate investors can still buy your house. This could be if you are facing foreclosure, your house needs repairs or you don’t even have equity. No matter what your situation is, most investors can buy your house if you have flexibility depending on your situation.
They can stop foreclosure by making all the late back mortgage payments, make mortgage payments for you every month and finally complete the sale relieving you of stress associated with the house.
Most real estate investors have cash at hand and can close in a few days. Real estate investors will take care of everything including contracts, attorney fees, closing, rehab, etc.