You’ve decided – “I will sell my home”. Great! That’s a smart move. You might be thinking about listing it on the MLS (or with a real estate agent) and waiting for buyers to come calling, but if you’re in a hurry to sell your house, there are other options available. In fact, some of those options will get you out of the house faster than an agent would — no matter how good they are at their job. Here’s how:
Get your financial ducks in a row.
Make sure you have an accurate assessment of your financial situation. You don’t want to be left with no money in the bank or find yourself with a mortgage on your old home, which you can’t afford to pay because you’re also paying off the new one. If possible, it’s helpful to have at least 5% of the purchase price in cash available for closing costs.
Check your credit score.
• Check your credit score.
• Set up an appointment with a real estate agent.
• Clean up your house and yard so it looks its best when you’re ready to show it off!
Meet with a mortgage lender, even if you’re not planning on getting a mortgage.
Before you start looking for buyers and putting your home on the market, meet with a mortgage lender. Even if you don’t plan to get a mortgage, meeting with one is worth it because they’ll be able to tell you how much your home can be sold for and how long it will take to sell.
If this information is useful to you in formulating an offer price or deciding where in town to list the property, then it’s worth the time investment.
Search for a new home before you put your old one on the market.
• Search for a new home before you put your old one on the market.
Think about it: when you’re hunting for homes, you’ll be able to negotiate better prices if you know exactly what kind of house (and neighborhood) suits your needs and preferences. You’ll also have a better idea of how much house you can afford, which in turn will help with determining how much to list your current home for.
And if all goes according to plan, after finding your dream home and selling yours within a reasonable time frame—ideally less than six months—you’ll already have a place lined up for when it comes time to move!
• Keep looking at other homes until everything is settled with the first two offers that come in on yours (or three offers if there were two).
Research how much you can sell your home for — and how long it might take — before listing it.
If you’re selling your home, it’s important to know how much it will sell for. Before you list your home, research recent sales in your area and other areas that are similar to yours.
Talk to real estate agents about what they think the property is worth. Ask them what they would list it for if they were listing it on their own and why. Don’t be afraid to ask for a higher price than you think you can get — there are no guarantees that someone else won’t come along and offer a lower price!
Call your real estate agent and get your house on the market!
Talk to your real estate agent and get your house on the market! Your agent will help you determine a price, find a buyer, and make sure everything goes smoothly. They can also help you find a new home if you’re not going to stay in the area.
If you want to sell your house quickly, working with a cash buyer is the way to go.
If you want to sell your house quickly, working with a cash buyer is the way to go. A cash buyer can close on your house in as little as 7 days and they don’t need any inspection contingencies or financing contingencies.
This means that if you’ve tried selling your home on the open market before, but couldn’t because of inspection contingencies or financing contingencies, a cash buyer might be able to buy your home without these stalling tactics.
We hope that we’ve helped you to understand the process of selling your home and given you some tips along the way. If you’re ready to take action, just remember that there are lots of different ways to sell your house. You can put it on the market—or hire a real estate agent—but if you want to sell quickly without dealing with all that hassle, then it might be worth considering working with a cash buyer instead.