Should You Sell A House For Cash or List It?
Congrats on deciding to sell your home! Maybe you need a change, more space, less space, or you’ve had a major life event that requires you to sell a house for cash. Well we’d like for you to be as prepared as possible and want to help you know what you’re getting into before you start the process.
First thing we want to tell you is that you may want to consider asking for the help of a professional. You can talk to a local realtor or talk to a home flipper (we can actually help you with both of these things). They can help direct you towards the best price and current status of the home. They may also be able to provide useful tips on how to stage the home, or even repairs or updates they may recommend so that you can get a better price for your home.
Something that a lot of people don’t understand at first is the impact of properly pricing your home when you decide to sell. It is absolutely essential for your experience as a seller to be sure that you price your home to sell. Pricing a home too high is as bad if not worse than pricing your home too low.
Next, you want to be sure that you take efforts to make sure that the home is ready to sell. You will want to start removing personal items from the home. Simply making an effort to declutter the home can have a major effect on the likelihood that the property will be attractive to a potential buyer. Another consideration you want to make is to the decor of the home. When you’re trying to make your home more appealing to a wider audience you want to make sure that you keep the decor as simple as possible.
You need to be sure that you consider possible deal breakers for the home. Things that are easy for you to remediate on your own can be as small as a weekend project but will make a potential buyer consider not purchasing your home. Other things that may be more serious are often harder to take care of but are significantly more likely to make a buyer pass on your home.
Once you’ve gone through the previous steps the last thing you will do is list the home and, hopefully, sell it. You will choose how you want to list the home, choosing either a listing agent or to list the home yourself. You may want to consider having a professional take photos of your home so you can accurately capture the home when it’s shown online. You will likely need to have an open house to show potential buyers the home in order to entice them to make you an offer. You can also consider social media or local newspaper ads to help increase the awareness of the home being for sale.
Lastly you need to consider your offers. There may be many qualified offers and you may want to even consider asking for a “counter” offer if there is enough interest. You want to be sure that you check for a buyer’s financial security before accepting an offer. It’s easy to see a high dollar offer from a shaky source and neglect a more secure offer for slightly less. Now you can select the best offer for you and congratulations, you’ve sold your home!
Chattanooga Property Solutions is ready help you sell your house for cash. Contact us today, and we’ll find the home selling solutions that works best for you!