Real estate is a very lucrative venture, but selling a home can be tough.
You need to carry out repairs, organize open houses, and pay a realtor just to hopefully sell your house for a little more than you bought it. Not to mention the fact that there are cities with declining real estate markets, so you have to stay aware of that too.
It all sounds like a lot, but selling your home can be made less of a hassle with some know-how and effort. And with several cities in California being on the rise in the real estate market after the dip of late last year, you should be able to get a good deal too.
Now is the time to sell
Real estate markets in several cities in California experienced a decline in home sales and prices last year. While some cities are emerging and prices are slowly climbing, some are still experiencing this decline.
The future of the market is still unsure and the verdict is yet to be out. It’s possible the market will experience a boom and uptake, while some experts say the decline may very well last until 2020. Whichever way the market goes, one thing is certain: now is the time to sell, because new buyers are still entering the market.
Find out your house’s net worth
There are various factors that determine how much a house will sell for. Some of these are location, upgrades, the state of the market, interest and loan rates, property size, and nearby utilities. While you have no control over certain factors, they do affect the price of your property and must be taken into account when estimating your property’s value.
Market your home
This involves getting your house in front of as many prospective buyers as you can while highlighting its features and benefits. There are two ways this can be done:
- You could put your home on the market yourself. This involves talking online and viewing local listings, gain an understanding of real estate marketing strategy, organizing open houses, getting a realtor; the works.
- You could go through an agency that buys houses and not have to worry about all the details.
Using third party agencies
There are indeed agencies that specialize in the buying and selling of houses. Sell Quick California is one such agency which operates in all counties in California. These agencies can buy your house as-is, which means that they don’t require you to make home improvements and repairs. So you get to save that extra money.
Selling your home via a retail buyer usually starts with you providing information like your home address, phone number, and email. They get in touch with you and offer a free consultation to find out if your property meets their standards. Most properties do, even with some level of damage.
Once all checks have been completed, your property is valued and you are made a cash offer. If you accept, you sign all necessary documents and the cash, which would have already been put in escrow, would be paid. The agency takes care of any other processes or transactions, and all this happens in as little as seven days. Be sure to have the required documents and all legalities in order.
And just like that, your house is sold. Be sure to use agencies that operate within your location or county, and do your own research first to make sure you’re getting the most value for your property. Thanks to Sell Quick California for consulting!