subject: Tips For Selling Your House Fast [print this page] The first thing most people do when they need to sell their house is call their Realtor. After all, this is the most common method of selling a house that they know.
In reality there are different ways you get your house sold.
Which method is the best?
In this article, we explore the various methods at your disposal for selling your house fast.
1) Through a Realtor
Most people looking to sell their house take this as the first option. This method comes with several conditions, even though it is the most popular to people looking to sell their houses.
To successfully sell your house through a Realtor, the following factors are important.
Make sure the property is in first shape for this to work. Unless your house sticks out, you have little chance of selling it because there are too many perfect properties setting on the market.
Second, your mortgage balance must be low enough to allow you to sell the house at a discount and pay Realtor commissions and other fees. With so many discounted houses on the market, you stand little chance of selling your house if you price it at full market value.
Be ready to wait. Houses that have been in the market for months have found no buyers. If waiting is not an option for you, this is not the best method.
Some real estate agents can market your property aggressively, while others can just list it and leave it in the MLS hoping it will get a buyer. You must be ready to take a chance that your Realtor will market your property for you.
In this real estate market, there are more houses sitting on the market with no buyers and more and more enter into the market every day. Aggressive marketing is a must to even get your house noticed.
2)Selling your house yourself
This is popularly called For Sale By Owner.
Be ready to handle everything - look for buyers, run any advertising campaigns, negotiate the price, show the house, do the paperwork, etc .
In this case, you have to handle everything yourself, you do not get advice from anyone.
In this method, you may still have to pay closing costs. This method can work for you if you have time, resources and experience.
3)Sell your house to a real estate investor
There must be real estate investors who buy and sell houses where you live. Sometimes they buy, fix and sell them. Sometimes they keep them and rent them out.
Most real estate investors have the flexibility to buy your house even if it looks impossible to sell.
This could be if you are facing foreclosure, your house needs rehab 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 relieve the stress associated with selling your house, take over payments, or even make back payments and stop foreclosure.
Most real estate investors can buy it in cash within a few days.
They handle everything - repairs, contracts, closing, etc.
