Selling a house is a cumbersome task. If you are a home seller looking for ways to ease the process while also maximizing profit, we’d suggest planning is crucial.
To help you sell your home without any hassles, we have enlisted below a few questions you must ask yourself before moving forward with the decision.
Question 1 – When is the best time to sell?
Timing your sale is important. Of course, you can sell your home at any time of the year, but there are some months when the real estate market is profitable, meaning home selling is faster and easier. Real estate experts say that houses in Spokane sell faster in May as compared to the rest of the year. However, since real estate is a localized industry, the best time to sell properties depends on the market and the location. So, get the lay of the land. Gather information about your neighborhood, local market, speak with real estate agents, etc.
Question 2 – How long will the home selling process take?
Again, the time of the home selling process depends on whether you put your home on the market or sell it privately to home buyers in Spokane. The traditional home selling process includes hiring a real estate agent and putting your property up for sale on social media platforms and real estate listing websites. This means you will have to wait for your home to sell while it’s listed on the market and during that time, you still have to pay your property taxes and insurance fees. Not to mention, your real estate agent. Sounds pretty time-consuming. You may or may not be able to crack a deal within the first few months.
However, when you hire private home buyers, you make it a two-person deal, minus the commission, fees, and the stress associated with staging, marketing, cleaning & renovating the home. Moreover, you can sell your home in a jiffy and get paid in as little as 3 days, compared to on the market that can take from about 1-3 months for payment.
Question 3 – What’s the value of my house?
The actual value of your home depends on several factors, like your home’s condition and that of the market. You need to understand the value of homes like yours.
If the value comes less than you expected, there’s a lot you can do to improve the condition of your home. You can opt for a budget-friendly renovation or a professional home inspection. However, if you don’t have the money for home refurbishment, you can get a free, no-obligation quote for your house from home buyers.
Question 4 – Do I need to hire a real estate agent?
Well, there are pros and cons to hiring an estate agent.
Some people prefer hiring agents to handle their real estate transactions. Reasons: They want to avoid the stress related to home selling. They are not in a hurry to sell, so want to ensure the right offer comes their way. They are more than willing to pay the additional costs involved in the process.
However, you don’t need the services of a real estate agent when you can find the right home buying company in Spokane. Not only will this save you a lot of money, but you will have complete control over the transaction and be able to sell faster without having to worry about the property’s condition.
Question 5 – What can I do if my home isn’t selling?
Chances are likely that your home might not sell as fast as you thought it would. If that’s the case, it could be for two reasons. One, you’ve listed your home at a price higher than the current market standards. Second, your home needs a remodel, which is why buyers aren’t considering it.
You may consider working on these two factors. If this doesn’t work, you must rework on marketing strategy.