With real estate going through what seems like a never-ending slump, homeowners are increasingly looking for ways to maximize their profits from selling their homes. Use the following tips if you’re keen to sell your home fast without having to spend a large sum on repairs or associated fees.
Be your own real estate agent
Selling your home without taking the help of a realtor is possible, but you’ll have to do a lot of work, from listing the property, keeping track of offers, ensuring you have a genuine buyer, organizing showings to negotiating a good price and doing the paperwork. But it can also potentially save you thousands of dollars in agent fees.
Most people hire a real estate agent because they simply don’t have the time or knowledge required to handle the legal and financial aspects of selling a residential property. If you’re determined to sell your home on your own, do the groundwork, list your home online for a realistic price and don’t lose patience if you don’t get any offers initially.
Revisit your listing from time to time, ensure that your description and photos are appealing enough for potential buyers, and check that your asking price is in line with the going local rates.
Sell to a professional home buying company
Home-buying companies are businesses that buy hundreds of homes every year. These companies are essentially large-scale investors that buy a home for an all-cash deal, repair and refurbish the property and resell it for profit.
If you’re looking to liquidate your property fast without going through the hassle of dealing with a real estate agent or bank, get in touch with a local house buying company such as Frank Buys Houses Fast, who will inspect your home and give you a no-obligation all-cash offer in less than 24 hours.
Selling your house to a wholesale buyer can save you thousands of dollars in repairs and agent fees. Moreover, Frank is able to offer you a higher price for your property owing to the savings the company makes on contractual work. Their large volumes help keep their repair and closing costs low and pass the benefit to their clients.
Market your property
An important part of a real estate agent’s work is to market your home on a variety of platforms.
Typically, an agent would list your property on several sites using an MLS (multiple listing service). You can do this yourself for a flat fee. In addition, you can market your property by putting up an advertisement on Craigslist, placing a For Sale yard sign and, if possible, distributing flyers and brochures in your neighborhood.
Let your friends and family know that you intend to sell your house—they may just know someone who’s looking to buy one. Organize an open house and showings on weekends for agents and interested individual buyers.
If all of this sounds like too much work, take the easy route and contact a house buying company in your area.
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