The following contribution is from another author.
If you are in need of selling your home quickly, then there is definitely a sense of urgency with it. However, this doesn’t mean that you should rush the decision on how to go about selling your property. When you take the time to choose what is going to work best for you and your circumstances, then it is going to make a difference. Selling a home can be stressful and there is no need to add to that stress. Homes are likely to be the most expensive thing that you own, so don’t rush into it.
With all of that in mind, here are some of the options that you could choose when it comes to selling your home and needing to do so quickly. Is there one that you like the sound of the best?
Quick Sale Companies
Using a quick sale company is as the name describes; they will buy the home from your quickly, or find a third party or local house buyer to buy the home for you. This usually means that you get a faster sale than you would through a traditional realtor. This being said, it is likely that they will only buy the home at market value, and not go over offer. So if you want to sell quickly regardless, then it can be a good option. If the price is more of a concern than time, then it may not be the best for you.
Selling at Auction
Like a quick sale company, you are not going to go to sell at auction if the price for your home is really the thing that you’re thinking about. If price is a big factor to you, then auction might not be the best, simply because people are there to pick up a bargain. Having said that, you can put a reserve on your item, so that if the reserve isn’t met, then it doesn’t go through. But because of the quick terms of sale at auctions, such as having to exchange within thirty days, it is a quick option should you go ahead and get your reserve price met, and so on.
Using a Realtor
Selling conventionally, or using a realtor, is the way to sell your home that we all know about. It is using the realtor to do all of the legwork for you, such as advertising the property and getting the people on their books to come round and have a look at it. One of the big plus sides to this is that it means that a large number of people are likely to see your property. And at the end of the day, higher numbers can often mean more chance of someone liking it and wanting to make an offer.
The main drawback with this kind of selling is that it can be a much longer and drawn out process than either of the above options, as so many more people are involved. Plus, it means that the people buying are probably also looking to sell their home. And if there is a long chain of people involved, then it can mean more chance of things not working out. There are also fees involved with a realtor too. So although you might have be offered the asking price, you will have a fee to the realtor, as well as other moving fees.
Some of the ways to get the best price and a quick sale for your home, though, regardless of the method you choose are:
- Staging your home. This helps people looking round to see the potential in the home, especially when they see it as a neat and tidy show home. Make it clean, look good, and do any repairs that may need doing.
- Picking a realistic price to put the house on the market at is also going to help the speed of the sale. At the end of the day, even with a realtor’s advice, you can choose what it goes on for. But if it is a really unrealistic price, then people simply aren’t going to go for it. So checking what things around you have gone for is a good place to start, as well as knowing what the minimum price is that you will accept.
- Do your research into the sales progression, or instruct a realtor to look into that for you. That is basically looking at the likelihood of things falling through. It can mean a lot of organizing and chatting with a third party to see how it is all going to go. But can be worth it if time is of the essence.