Homeowners in Belton, Texas who want to sell their home quickly need to know what their options are…
If you are a homeowner in Belton, TX and find yourself contemplating the question, “What are the alternatives I have for selling my house quickly?” this blog post serves as a brief guide outlining the various options at your disposal and assisting you in determining the most suitable choice for your needs.
The speed of selling your home comes down to three main factors:
1. How long you’re willing to take to sell your house
2. How much you’re willing to spend to sell your house
3. How much you’re asking for your house
Option #1: What Is Your Timeline?
The first factor is: how long are you willing to take to sell your house? The initial factor to consider is the timeframe you are prepared to allocate for selling your house. The conventional approach that comes to mind for many individuals is listing their home through a real estate agent. However, it’s important to note that this method typically takes around 3 to 6 months, and sometimes even longer depending on prevailing market conditions. Therefore, if you have an ample amount of time at your disposal and are not in a hurry to sell, this could be a viable option worth considering.
Nonetheless, a considerable number of homeowners are reluctant to endure such a lengthy process. Often, people sell their homes due to the need for relocation, and they don’t always have the luxury of waiting 3 to 6 months or even longer for a sale. Consequently, an alternative course of action exists, which involves bypassing the real estate agent altogether and directly selling the property to a home buyer.
Another option is selling to a Real Estate Investor. Here at LJE Property Solutions, after you send us information about your home, we can make you a no-obligation, fair-cash offer in as little as 24 hours. After that, we can close at a local, reputable title company in as little as 7 days. Compare that to the 30+ days it can take to close when listing your house the traditional way, and the benefits are obvious!
Option #2: How Much Do You Want To Spend?
This query often catches people off guard as they may not be aware that selling a house involves expenses. If you opt for the traditional selling route, there are two instances where you need to allocate funds: prior to listing, when you invest in property renovations to enhance its market appeal, and after the sale, when you pay a commission to your real estate agent. These expenses can accumulate to several thousand dollars.
Not every homeowner feels at ease with the idea of spending such a significant amount of money just to sell their house. If you fall into this category and prefer to retain a larger portion of the proceeds, there is an alternative available to you: selling your house directly to a homebuyer like us at LJE Property Solutions. We purchase houses in their current condition and handle all associated expenses (without any fees or commissions).
Option #3: Selling Price
Certain homeowners hold the belief that their house’s market value will be sufficiently high, leading them to take the gamble of waiting to see if a buyer will indeed purchase it at that price. However, when a buyer does emerge, there is no guarantee that their offer will surpass, match, or fall below the initial asking price.
However, not all homeowners are comfortable with the uncertainty involved in this gamble. They are unwilling to wait for months, hoping that someone will eventually make an offer matching their asking price. They adhere to the adage, “a bird in the hand is worth two in the bush,” indicating their preference for working with a home buyer, even if it means accepting a slightly lower offer than the market price, as they value the certainty of knowing the exact amount they can obtain for their house in the present moment.
As a homeowner contemplating the question, “What are my alternatives for quickly selling my house in Belton?” the decision ultimately revolves around these three factors, which will determine your inclination to list your property or opt for an immediate sale.