Tuesday, 3 January 2012

The Secrets For Selling a Home Fast Without Using a Bank or Realtor

By Leo Kingston


The basic secrets to selling houses fast are pricing your house right to make it a good deal, and also making sure the right buyer can easily find your house for sale. While all this may sound rather simplistic, it's truly the winning combination. It's not, however, what happens most of the time in real life.

Take a look at the multiple listing service and you'll see listings priced with what I'd call a "hopeful" market value, a price established by comparing it to other properties that have recently sold or still on the market. When a house is listed on the MLS you can be sure that a real estate agent has placed the listing, and he or she certainly had some input as regards the listing price. Homeowners may insist on listing at a specific price, and sometimes that price is against the better judgment of their agent, but I am not talking that situation here. I'm describing how to price houses with the goal of selling houses fast.

Data collected from the county assessor's office on houses that sold recently provides much better quality information than real estate valuation websites. Most of us are selling a house in order to get our equity at closing, and since that is the motivating factor for the sale we have to keep in mind that the price has to be right. Any property must be priced properly in order to sell a home.

People who are successful at selling houses fast say that pricing a house to sell is all about what kind of buyer you want to attract. Attracting a homeowner who plans to reside in the house is completely different attracting an investor. Investors normally purchase a house to rent out or to resell for a profit, so they cannot afford to pay as much as a homeowner will pay. On the flip side of that, investors usually pay cash and want to close quickly, so keep that in mind when you are selling your own house.

The question is, do you plan to wait for ideal buyers to show up, people who will fall in love with your house and who are already qualified for a mortgage? Or do you want to close quickly? If so, just call some investors to tour your home and make you a cash offer immediately. Your choice will be the one that makes the difference between selling houses fast or not.




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2 comments:

house and lot bulacan said...

This is definitely a blog worth following. You’ve got a great deal to say about this subject, and so much knowledge. Keep posting!

vict

homes for sale in philippines said...

Your article is really good it enhancing the awareness about the importance of selling homes. Thanks!

aj