Sale of real estate is always a matter of interest to all homeowners. The average US will sell a house every five to seven years. With 90 years of age and provided you buy your first house at the age of 30. You can count on selling 8 to 12 houses during your lifetime.
When it comes to selling a home it can be a very hectic and emotional time. There is a lot of money, memories and family history involved in selling a home. Thats why its best to take an outsider way to sell real estate. Try to shake off your feelings and think as a potential buyer looking for a new home.
There are usually only 3 ways to sell real estate and some will leave you more money and create a faster sale than others. There are pros and cons of each type of home sales process, so the best option for your specific home sales situation was chosen.
Sell your house quickly with a real estate agent
One of the fastest ways to sell real estate is to contact a local real estate investor or home buyer in your area and get an offer at your house. These real estate agents are located in all major metropolitan areas throughout the United States and live by investing in real estate.
There is a myth that all real estate investors are out to make quick money and benefit from homeowners. Like all professions, there are reputable home buyers and there are dishonest. The truth is that real estate investors are a big asset to any home retailer.
Most people know more about real estate than a typical real estate agent. They are familiar with short selling, helping homeowners to avoid foreclosure, rental options, renting their own programs, and the best of most can pay in cash and create a quick closing on your house.
How can it cost you less to sell your home to a real estate investor? Since you sell real estate directly to a buyer, there are no property brokers involved, which is usually 6 percent of the sales value. This can increase up to tens of thousands of dollars. Instead of paying a real estate brokers assignment, you give some of these money in equity to the new home buyer or investor.
Another great advantage of selling your property to a local home buyer is the entire home sales process. Through a typical home sales process, you would have to spend thousands of dollars staging your home for sale. You must leave your home every time a potential home buyer wants to see your home. This can make the home sales experience even more emotional than it already is.
When you sell your house quickly to a real estate investor, they will buy your house as it is. You do not have to spend money setting up your house to make a complaint. You do not have to leave your house every night so people can go through your home and criticize your home decorations. A home buyer will quickly wall through your home, ask you some questions about home history and give you an offer the next day.
So if you need to sell your house quickly, consider getting a free, confidential, no commitment to your house from a local home buyer. It will not cost you anything, you will get an offer at your house, you do not have to pay any real estate commission, and you can only get an offer that you can not refuse.
Sale of properties for sale by the owner
The second best way to keep more money in your pocket when selling real estate is to find a home buyer yourself and skip to pay real estate commissions to an agent. This avenue is not for all home sellers. Real estate agents exist because they provide value and service. But if you have extra time, energy and are up to a challenge then you can sell your home for sale by the owner save you big dollars at the closing table.
One disadvantage of selling your house for sale by the owner is the main costs. Instead of a real estate agent who takes charge of marketing your home, you will be the main marketplace to get the word out. Some of the additional costs will get your home in good condition to sell and market. The best marketing money you can spend is to pay a sale to a homeowner that will list your home on the MLS multinational service.
That way you have taken the same marketing that a real estate agent would use. This is also the best way to get thousands of potential home buyers to know that your house is for sale. You also have to pay for signs, online listings and some paperwork.