When it comes to selling your home, about how much money do you expect to get for it?
The answer to that question can be difficult to answer, especially if your residence is in need of repairs and/or upgrades.
One way to look at the situation is what kind of time schedule you have available in terms of waiting for your home to sell.
Do you need to get out of it as soon as possible? If not, what kind of window do you have for sticking around? Lastly, is it worth waiting on time to see if the local real estate market improves where you are?
For individuals and families for that matter tasked with those questions, the decisions can be challenging.
So, what is a fair price for your home?
Should You Take the Immediate Cash Offer?
For some homeowners, they simply do not have the luxury of sitting around and waiting for their homes to sell whenever.
It could be a pending foreclosure or bankruptcy, a job loss, a divorce, having to relocate out of town for another job, a serious illness or injury, the list of reasons why people suddenly need to move can be rather extensive.
One offer that could very well sound appealing to some homeowners is selling them home for cash to a company, who in turn buys the residence in any condition. Yes, that may be the best option for your given situation.
In the event you want to get a fair cash offer for your home, do your research to see what companies may be offering such deals.
There are some advantages to going in this direction, one of which is getting a proposed cash deal for the residence in as soon as 24 hours.
Homeowners who are interested in this option can also steer clear of dealing with real estate agents, along with avoiding having to do any major repairs and/or upgrades to the residence. Remember, such repairs and upgrades can end up costing you significant amounts of money.
So, does the faster cash proposal sound better to you than listing the home for sale, possibly waiting months and months before you even get as much as a nibble and/or dealing with less than serious offers from prospective buyers?
Working with Real Estate Agents?
If you so choose to go the more traditional means of selling your home, i.e. using an agent, how do you know how to find the best man or woman for the job?
For starters, keep these tips in mind:
- Research the Internet – Given the advent of technology in the last few decades, more and more real estate companies (and their agents) are active on the Internet. Along with having their own company websites, many of them (including the agents themselves) are busy on social networking sites. Whether it is LinkedIn, Facebook, Twitter or Instagram, you can find real estate agents literally at your fingertips. In doing so, you can get a good feel for how they do business, what their success to failure rates are as far as moving homes along, and how they work with consumers. The last item is especially important, so keep your eyes open on social media to see how the agent and the prospective home seller engage one another. If you get a feeling that the agent is either non-responsive or actually short and even unprofessional with a consumer, that should give you some pause to wanting to do business with them;
- Word-of-Mouth – As productive and worthwhile as the worldwide web can be, the old-fashioned word-of-mouth still proves very beneficial for many people looking to sell their homes. Just mentioning your home is up for sale around the office, to friends you run into when out and about, even at local community events, these are all good ways to market the fact that your home is on the seller’s block. Lastly, have family members and friends do a little “selling” for you, encouraging them to promote that the house is up for sale.
Selling your home can of course be challenging, but options like selling it despite the condition it is in could mean receiving a fair price after all.
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