Are you saying this very thing to yourself, “I need to sell my house as is fast”? Lets face it, not everybody keeps their house in tip top condition. Life happens, kids have activities or major bills pop up out of no where. This can lead to your home being neglected because of other priorities. Now you need to sell your house fast – as is – and don’t know what to do. Don’t worry, we’ve got your back with some great tips to get your home sold quickly, just the way it is.
Should You Use An Agent Of Sell It Yourself ?
This is a really big decision that you will have to put some serious thought into.
Agent – Selling with an agent will most definitely make things easier on you. However if time is of the essence, this option may not work. Why? It takes time to find a good realtor that has a proven record of selling properties quickly.
Then there is the fact that some top selling agents may not want to list your home if it is in need of major work. They may want painting or carpets replaced, or if you home needs major repairs like a roof, they will just move on to another seller with a property that will be much easier to sell.
FSBO (for sale by owner) -Selling by owner may or may not be an option for you. Probably the biggest problem we have seen with home owners attempting to act as their own agent is that most of the buyers that come through are just a “lookie lou”. Sellers have no way of vetting these buyers to make sure they can indeed purchase the property. Then again, if they do have the means to purchase your property and they see it needs repairs, they may well just walk away.
Zillow also has this to say about selling your home FSBO:
One of the big benefits to selling on your own is that you save on the commission (you’ll save the 3 percent you’d pay your own agent, but you’ll still have to pay 3 percent to the buyer’s agent). But if you want to sell fast on your own, you’ll have to be prepared to negotiate like a pro.
Be ready to negotiate escrow timelines, juggle contract paperwork, and consult an attorney to make sure all forms are filled out correctly. Knowing the ins and outs of the process is especially important if you need to sell your house fast.
That last point can be a real hassle for a lot of sellers, the paper work. Just dealing with an attorney can take more time than you have.
Be Honest With Buyers
Some people may tell you not to do this, but in the long run it could save you a lot of headaches, and maybe even save you from a law suit.
Buyers will notice the little things like the paint, the floors and the like. But they may not notice it needs a new roof, has plumbing issues or the foundation is falling. Just because you are selling “as is” doesn’t mean you don’t have to disclose serious problems with the property.
Meggen Taylor also has this to say about dealing with potential buyers:
Every home has its strengths and weaknesses some of which are undeniable. Knowing how to work with your agent to market and sell your property while acknowledging those weaknesses up front with potential buyers and other agents won’t waste anyone’s time (including your own), which will be appreciated by all parties. And beware of using superlatives in your listing like “immaculate”, or the often abused “gourmet chef’s kitchen”, unless your property truly offers buyers those characteristics. Your listing should be carefully written so that it is an honest portrayal of your home—especially since photos can be deceptive either in benefit of or detriment to the seller. There is nothing worse for a buyer then to be excited by the online presentation of a property only to being disappointed upon actually seeing the home.
We can’t stress enough how important it is to be honest with someone that may be interested in purchasing your home, whether you sell with or without an agent. Not disclosing problems can only lead to possible law suits in the future. If you choose an agent or FSBO, chances are a buyer is going to want their own home inspector to look at the house. Then once they find the problems they may totally back out of the purchase, only adding to the time you are stuck with the property.
If you want to sell your home as is don’t make the mistake of thinking you can get top dollar for it. You will not only have to price the house according to the repairs needed, but also the inconvenience for the buyer. Let me explain, if your neighbors house recently sold for 250k and your home is identical to theirs except it needs about 20k in repairs, you won’t be able to sell for 230k. A buyer is going to want to be compensated for the headaches of making the repairs themselves.
Even if your house only needs minor repairs – but you need to sell fast – R.L. Adams has this to say about getting a home sold quickly as is:
Look, you can’t change the location of your home. You just can’t. But you can change the price. And depending on the temperature of the market, dramatically altering your price can seriously speed up the process. I’m not talking about a small price shift here. I’m talking about a major change in the asking price. If you’re listed at $400,000, dropping it to $350,000 is a dramatic change in price. Dropping it by $5,000 won’t do much for you here.
Another Option To Sell Your House Fast As Is
If waiting for a buyer through an agent or by selling by owner just won’t work for you, there is still another option for you, companies that buy houses as is.
We happen to be a “we buy houses any condition” company, and we would like to make you an offer for your house. Visit our site or call us at (770) 756-8680. You don’t have to make any repairs or even clean the dirty dishes in the sink for us to look at your house.
The best part that many of our clients like is that we pay cash and can literally buy your house in just days.
Don’t put it off any longer – call us today, we look forward to hearing from you.