How to Sell your House

When it comes time to sell your home, you have a few options. You can sell it through a realtor, list it for sale by owner, or sell it to a cash home buyer. Each of these methods has its own pros and cons, so how do you know which is the best option for you?  The best option for you will depend on your unique circumstances. In this guide, we will discuss the three most common ways to sell your home fast and help you decide which is the best option for you.

Hiring a realtor

Selling through a realtor is the most common way to sell a home with great benefits. It gives you the widest reach when it comes to marketing and exposure to potential buyers. A good realtor will be familiar with recent sales in your neighborhood and can give you an accurate estimate of your home’s value. They will have a network of potential buyers and can be a great help in pricing your home and marketing it to potential buyers. Your realtor will help negotiate the best possible price.  You will receive the support of a professional who can help you navigate the process of selling a home. But working with a realtor can be costly, as you will pay a commission. This is usually around six percent of the sale price when your home sells.

The selling process can take time. There are a lot of factors to consider like the current market conditions. If there are a lot of homes on the market in your area and too few buyers, this will create a longer time on market.   This is why it’s important to find a good listing agent who knows your area and the market. Your agent might recommend an open house to get more traffic and more exposure. More traffic and exposure increase the chances for more qualified buyers.

When you receive an offer, your realtor will help you negotiate the best possible price for your home.  If you accept an offer, the realtor will work with the buyer’s realtor to ensure a smooth transaction.  The real estate agent’s commission is usually paid at closing from the proceeds of the sale.

Selling your house on your own

One option is to list your home on your own (FSBO) for those who want to sell their home fast and save on commission fees. You can sell your home directly to buyers but may have trouble getting showings for your home.  Selling it on your own is a good choice if you are handling the negotiation and sale process on your own.  You should also have an idea on how to market your home so buyers will find it. You will also save money on the commission. Know that most buyers are working with a realtor, so you may have trouble getting showings for your home.

It takes time and effort to get your home ready for sale.  Take a look at your house from the buyer’s perspective. What condition is your home in? Does your house have good curb appeal? Curb appeal is how your house looks from the street and the property in general.  Is the landscaping neat and trimmed? How is the front entrance of your home?  Buyers will pay attention to these details.  You never get a second chance for a first impression. So, if you notice small repairs that need done, it is a good idea to take care of them. Some sellers wait to take care of major repairs until the home inspection period. There is always the option of negotiating with buyers when it comes to that.  Keep in mind that the better condition your home is in, the better offers you will receive.

Selling your home to a cash buyer

Selling to a cash home buyer like Fair Property Buyers is another option for those who want to sell their home fast. Cash home buyers buy homes directly from sellers, which saves time. This option can be a good choice if you need to sell your home quickly and might mean a lower sales price. If you decide to sell your home to a cash buyer, it’s important to understand the process and what you can expect. Here’s a quick overview:

The first step is to contact a cash buyer and provide them with some basic information about your home. The buyer will then do some research and make you an offer. If you accept the offer, the buyer will conduct a property inspection. Once the inspection is complete, the buyer will provide you with a contract. Once you sign the contract, the buyers will arrange for financing and close on the sale. If you do your research and get everything in writing, you can help ensure a smooth transaction.

The amount of time it takes to sell your home may vary, depending on many factors. Working with a cash buyer you can often have your house sold and have cash in hand in as little as 3 days.  Most cash buyers will accommodate your timeline. This will depend on your situation and if there are any issues with the transfer of title.

You have the right to choose whether you accept or reject any offer. because you are not obligated to take any offer from any buyer.

It’s your Choice

The home selling process can be both exciting and overwhelming. There are a lot of important details to take care of, from preparing your home for showings to negotiating with buyers.

Regardless of which option you choose when it comes to selling your home these are the key steps:

  1. Prepare your home for showings. This includes things like decluttering, staging, and making any necessary repairs or updates.
  2. Market your home. List your home on the MLS, and market it through other channels like social media, open houses, and signage.
  3. Show your home to prospective buyers. This is where having a good real estate agent comes in handy, as they can help you schedule and conduct showings.
  4. Negotiate with buyers. Once you receive an offer, you’ll need to negotiate with the buyer to come to an agreement on price and terms.
  5. Close the deal. Once all the paperwork is signed, you’ll officially sell your home!

Sometimes time is not on your side. If you want to learn more about selling your home fast, click the link below. Fair Property Buyers can simplify the selling process. We buy homes in any condition and any circumstance. We buy homes that have been neglected or damaged. We buy homes in bad neighborhoods and bad investment properties.  There is no cost or obligation for our home buyers to give you a consultation or purchase your home. Fill out this form to get started.

Greg Bilbro

Greg Bilbro

Greg Bilbro is the CEO and co-founder of GeoFlip. After a decade of successfully flipping hundreds of distressed residential properties himself, Bilbro founded GeoFlip. His single focus is to deliver in-bound leads and build 7-figure results for REI's nationwide. His history of 20+ years as principal buyer, 10+ years generating leads and 2,600 Conversion Coaching hours makes him an authority in the lead gen space. Prior to entering the real estate space, Bilbro was a Series 7 and 63 securities and registered investment advisor with New York Life and NYLife Securities. Soon after being named “Rookie of the Year”, he was promoted to become the youngest Partner nationwide at New York Life at just 25 years old. Bilbro is a native of Texas and holds a Bachelor of Science degree in Biochemistry from the University of New Mexico. He currently hangs his hat in Scottsdale, Arizona with his sidekick Frenchie, “Bity.”