The traditional route that most people take when selling a sell my house fast is by partnering up with a real estate agent in order to sell their home. However, the steps to selling a house do not have to include a real estate agent by any means. There are many other viable options.
Here are the next two most popular ways to sell a house:
Consider For Sale by Owner
Choosing to go with a For Sale By Owner (FSBO) can save you thousands because most agents will charge between 5-7% of the total sale price of the house. Because of this many sellers today are willing to put in the extra work to sell it themselves because it can mean the difference between making a profit or losing money in the end. Some people choose to sell a home privately because they want to be able to control the entire sales process from start to finish.
Many FSBO owners end up having to partner with a real estate agent in the end because they did not put enough research and marketing efforts into the home selling process. You do not have to be part of such statistics if you are thorough on your marketing efforts. Agents know more about the home selling process than you do, but agents are not appraisers or real estate lawyers. If you need help getting your home properly priced for the sale, contact an appraiser. If you need help with the legal issues of the transaction, you will need a real estate lawyer, regardless of whether you have a real estate agent or not. A real estate agent provides one stop shop in knowing real estate lawyers, appraisers, and title agents on hand to work with you as well as coordinating home viewings. However, you can list your own house using the Multiple Listing Service real estate agents use (with a fee) and you can coordinate home viewings yourself as well. The MLS fee, a real estate lawyer, and a title agent may take a few thousand dollars, but depending on the price of your home, it can still be thousands of dollars cheaper than a real estate commission.
Think About Selling Directly To An Investor
If you are in a bad situation and need to sell your house quickly you should think about contacting a real estate investor. An agent will usually only show your house to a traditional buyer that is just looking to live in the home. This is why your house typically has to be in good shape to sell to a traditional buyer, plus it can take months of time to get through the sale. Investors, on the other hand, just want to buy your property for the purpose of either renting it out or fixing it up to sell it. If your house needs a lot of repair work or if you are trying to prevent foreclosure selling through an investor is a great choice for you. Even if you are using a Realtor to sell the house if it needs a lot of work they will probably end up selling through an investor so why not just cut out the fees and sell it in as little as two weeks.
Since they are looking to turn a profit, it is possible that a mutually beneficial deal can be struck to prevent sudden eviction. If you prove to be a good tenant, many investors will consider allowing you to rent the property after the home sale since it takes away the hassle of looking for tenants themselves. Investors can also give the entire sale of the house in cash upfront for those that need the money fast. Some home owners are even able to create agreements with investors to sell and then buy back their property when their finances are back in order.
As you can see, there is no rule stating that you must use a real estate agent or a Realtor. If you stray from the traditional route and do the work yourself, you can save a lot of hard-earned money and time. It’s up to you to decide which of these ways to sell a house is best for your situation.
