3 Ways to Sell Your Home This Year
In today’s market, selling a home can seem like an increasingly daunting task. The good news is there are more ways to sell your home fast than ever before.
Real estate agents aren’t the only option. Today, buyers can go directly to the market to sell their homes without dealing with agency fees. A simple Google search, such as “Sell My House Fast Charlotte NC,” is all you need to take the first steps to get the money you want in your pocket.
Below, you’ll read about three possible routes you can take to get your home off your hands.
1. Hiring a Real Estate Agent
Considered to be one of the more “traditional” options for selling a home, hiring a real estate agent has been quite popular throughout recent decades. The process is easy enough and takes a majority of the dirty work off of your shoulders.
The agent will generally take care of creating listings for the home, arrange showings to the potential buyer, be in charge of marketing, and so on.
However, the process is quite expensive. Although some agents charge a flat fee upfront, most in the market only charge a percentage of the final sales price once the deal is done. This commission is typically between 5-6% of the home sale price. For a $200,000 house, 6% would come out to a commission of $12,000.
2. House Buying Company
Instead of taking your home to a real estate agent to sell, you might want to consider a house buying company. These companies are relatively new home sale options that are particularly useful in today’s climate.
Here’s how it works:
- You provide detailed descriptions and information about the home on the website.
- These sellers will review your application and inspect your property.
- A few days later, you’ll receive a cash offer for the property with no extra fees.
If you decide to accept, you simply pick a closing date and get your money. If not, you just move onto the next offer.
Remember that these sale prices are more often lower than in an open market. That being said, you don’t have to worry about a flat rate or commission. Also, not all kinds of properties are accepted iBuyers, so doing your own research with your home in mind.
3. Sell the House on your Own
If you want complete and total control of the marketing, pricing, and showing of the home, then you may want to be your own realtor.
Listing your home yourself is becoming more and more accessible. Once again, you won’t have to deal with paying fees and commission and will possess much more flexibility in the timing of showings and the sale itself.
It is also good to keep in mind that this option will require a substantially larger amount of legwork on your part. You will be responsible for all contracts, negotiations, and legal proceedings, while also being susceptible to lower sale prices, no access to certain listing tools, and longer periods to make the sale.
Selling a home can seem overwhelming to some, but with today’s technology, doing so has become more accessible than ever. You can utilize the services of a trained real estate agent, a home buying company, or just do it yourself.
Whether you want to get the most bang for your buck or simply wish to get the home off your hands as quickly as possible, you have at least three options. Do more research to find out which is the best for your property.
Source: The Architects Diary