It’s scary to sell a house if you’ve never done it before. There are so many processes and rules to know and so many things to do before you can even start selling.
Luckily, there are a few things you can do to put yourself in a position to sell sooner than later. Here’s how.
#1: Decide How You’re Going to Sell
It may seem obvious, but you’ve got options when it comes to selling your house. You need to make the right decision for you and your situation because it will affect everything else that happens.
First, you can list the house with a real estate agent. An agent handles all the paperwork and regulations for you, so it’s a common strategy. You’ll get great advice from a real estate agent about the market, prices, and how to stand out. An agent usually gets 5% or 6% of the sale price as a commission. Throughout the process, you’ll probably have to pay various closing costs and fees.
Next, you can sell it on your own without an agent, which is called “For Sale by Owner.” You don’t have to pay a commission to the listing agent, which can save you a lot of money. The buyer’s agent still gets a commission, but you can negotiate that rate before closing. It’s important to understand that you will be responsible for all aspects of the home sale, including scheduling, marketing, open houses, paperwork, and negotiations. If you’re not an expert in home selling, this can be an overwhelming situation, and it’s easy to miss a step that ends up costing you big bucks.
Third, you can sell your Houston house straight to a cash homebuyer. When you sell your house on the open market, there’s so much uncertainty, but this method eliminates them. Buyers look over your property and make you a cash offer. You can sell your house in a matter of days if you want. Once you get the cash, you can move on. This option is great for homes that would be hard to sell on the open market, like ones with water damage, liens, or hoarders.
#2: Determine the Price
Whatever option you choose, one of the most important decisions you’ll make is what you’re going to price your home at. You have to find the right balance between your expectations and the market in your area if you want to get a lot of offers fast. You could lose a lot of money if your house is overpriced.
Look at what’s already happening on the housing market in your neighborhood to get an idea of what to ask. Look at the county or city markets but don’t be afraid to focus on your own neighborhood. Get more granular, and you’ll have a better idea of the value of your home.
Check out the houses that are currently for sale to see what they’re asking, but also see what’s sold recently. This gives you a good idea of what buyers think compared to what your neighbors think. You can see how the recent sale prices went down from the initial listing price. Don’t make the same mistake.
#3: Reviewing Offers and Negotiating
If you chose to sell through an agent or sell yourself, you’ll want to keep an eye on things like pre-approvals, proof of funds, concessions, how they intend to pay, buyer contingencies (the buyer has to sell their current home first), and timeline requirements. You’ll want to do your due diligence on some buyers, because some look better on paper. Making the wrong choice could cost you time and money.
Get Your Free Cash Offer Today
Wondering “How do I sell my house fast in Houston, TX?” Sell to Ohana Legacy Properties, LLC, your trusted cash home buyer. Whether you’re behind on your mortgage, facing foreclosure, going through a divorce, or just need to sell your house fast, we can help.
We buy houses in Houston, Texas in any condition. Don’t worry about prepping your house for a listing. We’ll buy your house as is and in your chosen schedule.
We pay closing costs, recording fees, note stamps, transfer tax, and other fees associated with selling your house. That means you get the full cash amount upon closing.
Get rid of the stress and let us help you move on. Call us today at (832) 402-6181 to get your cash offer.