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We Analyze The 3 Ways To Sell Your Home In Houston
If you own a home and are thinking about selling to home buyers in Houston, you have a number of selling options available to you. In this blog post, we’ll look at those 3 ways and break them down to help you determine each method in detail and allow you to make the best possible decision on how to sell your Houston house quickly.
For most people, owning a home is the largest purchase of their lives. So it’s not surprising that the process of buying a home or selling a home can be extremely complex.
Over the years, three main home-selling channels have developed and evolved. As you think about selling your home in Houston, you will need to decide which way to sell is best for you, given your goals and timeline to sell.
Not sure with of these methods below is right for you? Click here to fill out the form or call 281-947-5545 and we’d be happy to give you a no-obligation consultation
Home-Selling Method #1: Sell Through A Real Estate Agent
This is the traditional way to sell your home, so it’s also the most common. In this home-selling method, the homeowner chooses a real estate agent who will list the house on the MLS.
The agent acts as your proxy, showing prospective home buyers in Houston through your house until one of those buyers decides to buy. They’ll make an offer, the agent will negotiate on your behalf, and then you’ll close.
The timeline on this selling method can take months (the average is 3-6 months). This time period is long as it is but agents also choose to delay closing if they think that they can get better offer. Sellers who choose this method prefer to gamble on the timeline to do less work (the agent does the work) and with the hopes of selling at the market price. However, sellers who opt for this method will more often than not need to spend money up-front to make repairs and improvements to their house first. Then, there are the agent fees and commissions to look forward to.
This option doesn’t have many positive aspects other than the fact that the seller doesn’t have to do anything. However, even if it’s a load off of your shoulders, it also means that you have months of added stress; high commissions, opening houses, strangers in and out of your house at all odd times; constantly cleaning it and keeping it presentable for showing, no semblance of privacy, and the countless phone calls and texts.
There’s always uncertainty regarding when the house will be sold. Moreover, some buyers tie up a deal for weeks and then end up backing out of the deal, or they are waiting on their bank loan, possibly due to some form of contingency. In most cases it works out, but not always. The point being, you are never sure. This added uncertainty is the cause of way too much stress for those seeking to sell in the ‘traditional’ way.
Home-Selling Method #2: Sell On Your Own (For Sales By Owner)
This For Sale By Owner (‘FSBO’) method of selling is hardly new, and it is fueled by the desire to save money on real estate agent commissions. The process is very similar to the afore-mentioned method of selling but it’s done by the homeowner themselves, and not by an agent.
The homeowner lists their house, shows it to prospective buyers, negotiates with the buyer, and closes the deal.
There are a lot of similarities – the timeline is usually the same and the homeowner will still have to pay up-front for repairs on their house to make it sellable. Sellers who choose this method don’t mind the extra work involved in showing their house; they usually choose this method to save money on commissions. Keep in mind, though, that you are only saving money on your agent; the buyer might still expect you, the seller, to pay the commission for their agent. Of course, everything is negotiable.
However it is added work, plus the ever-present uncertainty and a constant stream of strangers moving in and out of your personal space. This method is not for everybody.
Home-Selling Method #3: Sell Direct To Home Buyer In Houston
This method of selling is gaining popularity as homeowners look for a third way to sell. This process is very different – it’s also faster, easier, and doesn’t cost the homeowner anything (so it’s not surprising that this method is becoming as popular as it is).
Rather than listing and showing the house or negotiating, the homeowner simply sells their house direct to professional home buyers in Houston with cash and who are ready to buy the house as-is right now.
It’s faster, hassle-free solution to seller woes. The buyer has money and is ready to buy; the seller’s mind is at ease, and there is no expense or effort to repair the house before it’s sold; and it doesn’t cost the homeowner anything – professional home buyers (like us here at Houston Westside Home Buyers) usually pay closing costs and fees.
In fact, the seller doesn’t need to clean or even completely move out all their contents or belongings. We have even arranged moving vans, hired moving crews and rented short term storage for sellers here in Houston.
At Houston Westside Home Buyers our goal is offer fair pricing in a way that is transparent. Keep in mind that we are real estate investors and we will need to build in a return on our investment, but we will be sure to walk you though that when we present our offer. Our offer makes more sense for folks that have a house isn’t beautiful, it isn’t in perfect condition, and the cost of making these improvements, in terms of dollars and time, is more than the seller is willing to invest. So in a sense, the house is nothing more than a grade-school math story problem – we simply propose that we sit down and solve it together.
Within 24 hours of calling or submitting a form, we will be in contact with you to make an appointment to come out and meet with you in person and walk through your house. We want to make it fair, and we want to make it easy. Our objective is to provide people with the best possible service and provide a hassle-free solution to selling your house.
If you are really interested in selling your Houston house fast, give us a call and let us know how quickly you need to move. We can plan around your timeline.