COMPARING 3 WAYS TO SELL YOUR HOUSE FAST
You may be asking, “How do I sell my house fast?” The answer to your question depends on the method in which you sell your house. For many homeowners in Tacoma, Washington, the most common way to sell a house is to hire a realtor and list the house on the market.
However, this may not be the best option for you. There are alternatives to a traditional sale that can help you unload your property much faster and give you a fast cash offer. If you are looking to sell your house fast, then read our latest article on three ways to sell your house and which way is fastest.
1. TRADITIONAL HOUSE SALE
Average Time to Sell: 65 to 93 Days
In a traditional house sale, you look for house buyers by hiring a real estate agent and listing your house on the market. For many homeowners, this may seem like the safest, most lucrative, and most reliable way to sell a house. However, there are some drawbacks to a traditional sale.
- Realtor fees and commissions
- Closing costs
- Inspection and appraisal fees
- Renovations and repairs to your property
- Multiple showings over several weeks
- Lots of marketing and promotion
By the time you spend thousands of dollars and put a considerable amount of effort into selling your house, you may wonder if it’s worth it. If you are trying to sell your house fast, you may find that the traditional route will slow your efforts. Here’s what it takes to sell your house with the help of a realtor in Tacoma in today’s market:
- Full house renovation: 3 to 12 months
- Decorative renovations: 2 to 3 months
- House buyer mortgage approval: 45 days
- Closing after contract: 40 days
- Selling your house after listing: 65 to 93 days
2. FOR SALE BY OWNER
Average Time to Sell: 6 to 12 Months
With average realtor commissions at 6 percent of the purchase price of the house, it’s no wonder that some may take the For Sale by Owner (FSBO) route. However, if you are going to sell your house on your own, then you need to be highly aggressive, have some marketing and tech-savvy, and be very patient.
If you believe that you have what it takes to sell your house fast using the FSBO approach, you may save some money on realtor fees. However, it is not uncommon for a house seller to pay the seller’s realtor commissions. So, you may still be stuck paying realtor commissions after all. Here are some other things to consider when listing and selling your house yourself:
- You have to determine the fair market value of your property.
- You have to find, hire, and pay for a licensed appraiser.
- You have to pay for renovations and repairs.
- You – not the realtor – have to prepare and show your house multiple times.
- You are responsible for all of your marketing using digital and traditional means.
As a seller, you also have to possess strong negotiating power. House buyers may automatically assume that they can take advantage of you and pressure you into selling your house at their asking price. Last, when closing, you may have to hire an attorney or use a title agent. You also have to follow a rigorous process at closing.
Again, you have to ask yourself: Is a For Sale by Owner worth it?
3. SELL YOUR HOUSE FOR CASH (WE BUY HOUSES)
Average Time to Sell: 20 to 40 Days
You may have seen signs in Tacoma that say, “We buy houses,” or “We buy houses for Cash.” You may have never considered a fast cash offer for your property. However, if you are in a situation that requires you to sell your house fast, working with local house buyers may be your best option.
One of the best things about selling your house for cash is that there are no circumstances that keep you from selling your house. An investor can work with you in situations such as:
|Inherited Property||Late Mortgage Payments|
|Selling As-Is||Selling Rental Property|
Regardless of your circumstances, you can schedule a quick walkthrough with a local house buyer here in Tacoma and avoid the hassle of listing your house and going through a realtor.
There are several benefits to getting a cash offer for your house, including:
You can close your house and get cash-in-hand in as little as 30 days.
- There are zero closing costs and zero realtor fees.
- You do not have to list your house or show it multiple times.
- You can sell your house as-is – not renovations or repairs.
- You receive a fair cash offer within 24 hours at just under the market value.
The entire process from cash offer to closing day eliminates all the needless steps and hassles that are often associated with a traditional sale or FSBO. If you currently still owe the bank, then a buyer can assume the loan so that you can get out free and clear. A cash sale will also prevent foreclosure, allow you to sell a probate or inherited house, or get rid of a distressed property.
WE BUY HOUSES IN ANY CONDITION
If you are thinking, “I’d like to sell my house fast,” then now is the time to explore the benefits of getting a fast cash offer from local house buyers. Our company purchases property as is, and we buy houses for cash. You don’t have to take on any closing costs or pay realtor fees.
At Tacoma Cash Offer, we make it easy to sell your property regardless of your situation or the condition of your house. Schedule a quick walkthrough with one of our local house buyers in Tacoma, Washington by calling (253) 300-2897.
Do you have general questions about how to sell your house for cash? Check out our Frequently Asked Questions page.
SELL MY HOUSE FAST IN THESE AREAS:
Tacoma Cash offer is a leading investment company that buys houses and other types of properties in the following areas:
|Bonney Lake||Federal Way|