The decision to sell your home may be the result of circumstances you cannot control. This probably means your situation will not make it any easier to sell it. The housing market does not care that you have a job transfer and need to sell the house fast. Neither does it know that you got divorced and need the property-sharing over and done with as fast as possible. As such, you will likely face all the challenges that are present in the real estate market at that particular time.
One of the major problems associated with selling any property is the expenses you are likely to incur. Cathie Ericson explains this in detail – with facts:
How Much Does It Cost to Sell a House? Here’s a Reality Check
Show me the money! Admit it, that’s what you’re thinking when you consider selling your house. In fact, chances are good you’ve mentally spent much of the proceeds already—on a new house you’re buying, and maybe even a nice vacation this summer. Slow down there—while selling a home can indeed bring in some sweet profits, not every dollar goes into your pocket. You also have to pay the professionals who help you unload your property. So now the question in your mind is probably: How much does it cost to sell a house? Really?
On average, home sellers pay their listing agent a commission amounting to about 6% of the price of their home (although that percentage can vary). On a $250,000 house sale, this amounts to roughly $15,000. Read more at Realtor…
The cost of selling a house can be quite high, especially if you are working with an agent, which is generally the best option for most home sellers. All this does not take the cost of renovations into consideration. That’s the first problem.
You might be wondering whether the situation would be any different if you decided to sell the home yourself. The KCM Crew talks about the challenges that this may present:
Think You Should FSBO? 5 Reasons To Think Again!
In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.
Here are the top five reasons:
- Exposure to Prospective Buyers
Recent studies have shown that 88% of buyers search online for a home. That is in comparison to only 21% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you? Read more at Keeping Current Matters…
Basically, while it’s possible to go the FSBO way, you need to know that it will demand a lot from you and could quickly become a frustrating process. However, paying a whole lot of money to an agent to get the job done may not be appealing either.
Yet another challenge you’re probably facing is the time factor. This can be particularly frustrating if your situation does not allow for flexibility on the amount of time you have to sell the house. Amanda Dixon explains this in greater detail:
How Long It Takes to Sell the Average Home
According to Redfin, selling a home could take up to 70 days. Recent data from realtor.com suggests that once it’s listed, the median home takes about 65 days to sell. But home sale timelines vary widely by location.
Seasons also play a role in determining how long it takes to sell a home. For bargain hunters, the best time to buy a house may be the fall. But home sales usually move in the same direction as the temperature. So home sales tend to heat up in the spring and summer.
In July 2016, for example, the median number of days that a home in a Multiple Listing Service (a database of available homes) stayed on the market was 36 days, down from 69 days in July 2012. Read more at Smart Asset…
In other words, your house could stay on the market for a long while, and if the season is not particularly “appropriate”, you may be in for an even longer wait. That can be depressing, right?
What if I said you can avoid all these problems? That you can actually sell the house without an agent, without incurring extra charges, and still sell your house fast? What if you were told that you can sell your house regardless of its current condition?
With Sell Fast Fair Offer, you can do exactly that! We buy houses in Florida, in whatever condition, and as soon as you want it sold. Our work is to relieve you of the burden of having property that you no longer need or want, or that you can no longer afford. Sound too good to be true? Well, it isn’t. Call us today! We will be happy to offer you a good price for your home.