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How to Sell A House Quickly

How to Sell a House Quickly

April 12, 20238 min read

Selling a house for most homeowners is usually a tedious and drawn out process, but it doesn't have to be! In this article we'll go over some of our tips of how you can sell your house quickly.

Why do you want to sell your house quickly?

There can be a wide variety of reasons why you might want to sell your house quickly. Sometimes people want to sell a house fast for cash because they inherited a property from a deceased relative and they don't live in the area to properly take care of it. In other situations, someone might want to sell their house quickly because they are going through some financial hardships and can no longer maintain the pace of payments. Still yet, other situations exist where someone has owned a property for a very long time and it has a serious structural issue (like a cracking foundation, a busted sewer line or ruptured septic system, or a serious pest infestation, and the list goes on and on) and they are no longer able to live in the house that they once called home. No matter what your situation may be, this article aims to guide you through some of the options you have when trying to sell your house fast.

What are the benefits of selling your house quickly?

There are many benefits to selling your house quickly. One of the obvious benefits to selling your house quickly is that you don't waste precious time dealing with a property that you no longer wish to live in or are able to live in. In life, we can spend precious time stressing over the same issues without a clear path or solution to how to resolve these issues. The real estate market, for those who are not well informed, can be an extremely daunting, scary, and confusing environment. We totally understand how the nuances of the real estate market can be tricky to some folks, because we buy houses for cash from regular New Jersey homeowners and homeowners all over America all the time.

Other than time, a major benefit to selling your house quickly is that you're able to begin the next chapter of your life, whatever that means to you. You won't have to worry about paying an outstanding mortgage, paying taxes on a property that you don't actually live in, or paying for expensive repairs and maintenance on a property that does you no good. By selling a house quickly, you can move on to the next step in your journey with as little stress as possible.

How long does selling with a realtor typically take?

Look, nobody wants to sell their house slowly. If you were to ask every person with a house listed on the real estate market today, "Would you rather sell this property very quickly, or would you rather have this property sit on the real estate market for months at a time?" I guarantee you that every single person that you ask will tell you that they would rather sell their property quickly rather than not quickly. Having a property sit on the market for a long time can be excruciatingly painful because it creates an unlimited amount of questions that pop into your mind. Questions like: Is the price too high? Do I need to make some repairs? Do I need to do some updating? Etc. The worst part is, that a majority of house sales in the United States take time and if you ask any realtor in America whether or not it's realistic for a house to sell very quickly on the market, they'll likely tell you that the proper expectation would be for some time to pass prior to a house actually selling or even receiving offers for that matter.

In fact, the statistic for the amount of time that it takes for the average house to sell on the real estate market from the day that it is listed to the day that you close the deal is around 3 months or 90 days. That statistic is just for selling the property to a potential buyer, that doesn't take into account the fact that most mortgages are processed on average, around 50 days after closing. Keeping that in mind, this means that by going through the traditional real estate market you can expect to get paid for your property about 140 days after you list your property on the real estate market, on average. Does that sound quick? Not really.

Whats the best strategy for you to sell your house fast?

When thinking about strategies to sell your house fast, you should keep three major options in mind:

  • You can go through a real estate agency and hire a realtor, as we outlined above.

  • You can sell it yourself, also known as a "for sale by owner" or FSBO.

  • You can sell it to a cash home buyer, like us. This is a great option for selling your house fast, as we'll explain later in the article.

We've already discussed the process of selling through a realtor above, so let's talk about the "for sale by owner" process. It's tough to sell a house fast for cash by yourself because you need a buyer on standby to purchase the house. Unfortunately, I don't have a rich uncle to sell my house to, so I normally need to use one of the other two options when I'm looking to sell a house quickly. If you're thinking about selling your house by yourself, it's important to keep in mind that you'll need to do all of the marketing for your house, and you won't have access to some of the tools that real estate agents have. One such tool is the MLS, or Multiple Listing Service. This piece of software lets other real estate agents know that your house is for sale, and it's what makes your property visible on websites like Zillow, Redfin, and Realtor.com. Since you won't have an expert to bounce ideas off of, you'll need to decide on the price, arrange showings, and negotiate incoming offers yourself. All of these tasks and responsibilities take a lot of time and energy, so if you're trying to sell your house fast, this isn't your best option.

Without a doubt, one of the fastest ways to sell a house is by selling to an investor or a cash buyer. It's important to keep in mind that there are different types of cash home buyers that buy houses fast for cash. For example, you have iBuyers, individual investors in your area, and companies that specialize in buying houses fast for cash, like us (FlashBuysHomes).

Individual investors can be tricky to deal with because you're trusting a person with one of the most valuable assets you own. I'm not saying that this is the case with all individual investors, but it can be difficult to trust someone who is a one-man show and doesn't have an organization of people behind them to reaffirm their expertise. That leaves selling to either an iBuyer or a home buying company like Flash Buys Homes.

Selling to a company that buys houses for cash or an iBuyer is pretty similar. They both give you a cash offer in little to no time, and some won't even visit your property before giving you a cash offer. The issue with this is that while their first offer is done without seeing the property in person, you can expect hidden fees before the deal is closed. So, you want to make sure that you fully understand all the terms of their offer. At FlashBuysHomes, we personally schedule an in-person visit with one of our acquisition specialists, who will come out to see your property and make you a firm cash offer that is fair at that time. We do this to ensure that you don't have to worry about surprise fees when you're trying to sell your house fast for cash.

Another attractive feature of selling to a cash home buying company is that we purchase houses as-is. This means that you don't need to waste any time doing repairs or cleaning, and you can even leave old furniture in your house that you don't want to get rid of personally. We'll handle everything. Our free, no-obligation cash offer is based on the property as it is at the time we see it, with no changes made to it. This is extremely important when you're trying to sell your house fast for cash, as it skips over the processes involved with other forms of home selling. For example, you don't need to worry about appraisals, inspections, staging your house for showing, repairing problems, and so on. This process allows us to close extremely quickly, and from the time you accept our cash offer, you can get money in your pocket as quickly as three weeks from the date of acceptance.

Sell A House Fast with Us

Our short in-person consultation will provide us with all the information we need to give you a quick, firm, and fair cash offer, usually within 24 hours or on the same day of our visit. The best part is that our offer is completely obligation-free, which means you don't have to accept it. But if you do choose to accept it, you can expect to have money in your pocket as quickly as three weeks from the date you sign. Moreover, we are completely flexible and can close on any timeline. So, if you need more than three weeks, that's totally okay!

Phil is one of our partners and has been a business owner for just under 10 years. With a background in data analytics and systems engineering, Phil works to identify trends in the real estate market to help advance our company.

Phil

Phil is one of our partners and has been a business owner for just under 10 years. With a background in data analytics and systems engineering, Phil works to identify trends in the real estate market to help advance our company.

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