Need to sell your home fast in Dallas?
5 Tips to Sell Your House Fast
Life can be unpredictable; often, crisis comes your way when you least expect it. However, one thing you can predict is the stress that comes along with selling a house, especially if you’re already under pressure. For homeowners, sudden difficulties may put you in a situation where you need to sell your house quickly, such as inheriting a house you don’t know what to do with, dealing with divorce, or facing foreclosure or some other financial hardship. When combined with the time and effort it takes to sell a house, your situation might become especially difficult. However, there are ways to sell your house quickly so that you can focus on living your life rather than dealing with the hassle of selling your home.
Keep in mind that settling on important life choices (like selling a house) too quickly could leave you kicking yourself over mistakes later on. In the event that you do need to sell your home rapidly and confidently, you’ll want to understand the entirety of your alternatives so you can make an educated choice that works best with your present conditions and goal
1. Consider Non-Traditional Financing Options
When looking at ways to sell a home, most people think to use a real estate agent. It’s the traditional way to do things, after all. However, when it comes to selling your house quickly, this isn’t necessarily the best solution. It can be difficult to find the right agent, which takes time. In addition to this, using an agent does not guarantee you’ll be able to sell your house fast.
If you choose to use a non-traditional financing method, you’ll have several choices. Owner financing, also known as seller financing, allows home sellers to finance their sale directly with the buyer without going through a bank. This means that you can make a real estate transaction without needing to go through a credit check. It also saves time; many investors including Win-Win Property Group will handle most of the paperwork for you in an owner financing sale.
Wholesaling is another fairly common way to sell a house quickly. Normally when you sell a house, you have to repair or even renovate it before staging it for showings. This obviously takes a lot of time from start to finish, which not all home sellers can afford. Wholesaling allows homeowners to sell their home as-is for cash, eliminating the hassle that comes with a traditional sale. You won’t have to worry about spending money or time on repairs, renovations, cleaning, and decoration.
These methods can both be used for the same transaction and cash deals can be made using both. If you need to receive payment from selling your house without a delay, these methods are perfect for you.
2. Should You Use a Real Estate Agent?
Right now, it is a seller’s market in the real estate landscape. This means that sellers have much more leverage and flexibility when it comes to selling their homes. Normally, a real estate agent will help you connect with buyers if you’re having difficulties finding them. However, they charge a commission on the sale, meaning that anywhere from six to twelve percent of the sale will go to the agent. If your house is worth $180,000, at least $11,000 of that would go to your agent. If the agent’s fee is as high as twelve percent, you’ll be spending $22,000 on them.
Normally, this fee might be worth it if an agent is the only way you can get a sale. However, in a market where demand for houses is absurdly high (like in DFW right now) it is not very difficult to find a buyer for your home if you know where to look. This means that there’s no real reason for you to give up 6 percent of the value of your home to an agent.
3. Avoid Renovation and Repair
Repairing or renovating your house can be stressful and time consuming under normal conditions. Imagine how much more difficult that process would be if you were also dealing with the stress of selling a house and a personal crisis. Not all houses need to be touched up before being sold; many are in good enough condition that they can be sold after just a little spring cleaning. However, this isn’t the case for everyone.
Refurbishing your home can be one of the longest steps on the path towards selling your house, so it’s good to understand that there are options that don’t involve it. Wholesaling, as mentioned earlier, is one great way to sell your home without worrying about sprucing it up for potential buyers. Another option is to sell your house to investors or companies that want to “flip” it and will buy the house as-is, no questions asked. Win-Win Property Group offers both of these solutions to potential home sellers.
4. Seek Out Real Estate Investors
Individuals and families are not the only people who are in the market to buy a house. Real estate investors or companies are also an option when seeking out homebuyers. Different companies will serve different needs or focus on certain types of properties, so do some searching to see if there’s a firm that can meet your specific wants and goals.
The reason that working with companies can speed up the process of selling your home is that many companies (including Win-Win) will send you a cash offer immediately rather than haggle for a price. Because these companies have deeper pockets than the average homebuyer, they can afford to send an offer and close a deal quickly without worrying so much about the details.
5. Keep Your Head Up
Selling your house can be hard work. Even without personal problems getting in the way, it takes a lot of effort and not getting offers quickly can be discouraging. Add whatever issues you’re facing to the mix and it seems like selling that house might be impossible. However, it’s important to keep a good attitude and remember a few things:
First, remember that in the current housing market, you are at an advantage as a home seller. Houses are in incredible demand in the DFW metroplex at the moment; prices are up across the board. Don’t get discouraged if you don’t get offers right away, because somebody out there does want to buy your house. If you look for buyers, especially real estate companies and investors, they will come.
If you have a house that you need to sell fast, contact us at Win-Win Property Group. We offer solutions for all kinds of issues and are willing to work with you through any problems you might be having in your personal life or otherwise. We’ll send you a cash deal on your home and get a check to your mailbox!