Selling your property in the shortest amount of time possible is your primary objective and your ultimate goal. This can be achieved through using real estate agents or by selling Colorado Springs houses yourself. There are HUGE benefits to each option but there are also many advantages (and disadvantages) to doing it yourself!
Before we continue, you should know the benefits of hiring a Colorado Springs house selling agent:
Saves money: Fees paid to an agent only come out of the final sale amount meaning that you get more money in your pocket when you sell a house through an agent than if you did it on your own. You may save tens of thousands of dollars by not having to pay commissions and other fees during the transaction.
Sell Directly to A Professional Home Buyer
You can sell your house without using an agent, ultimately saving a ton of time and money depending on the situation. There are companies such as HBR Colorado that will buy your Colorado Springs house using a straightforward and simple process. With a direct sale, you won’t have to worry about commission, repairs, cleaning up or waiting for a buyer to come along. You will immediately know the amount you are receiving as well as the closing date so you aren’t left in limbo, wondering when your house will sell.
Direct sales are becoming increasingly popular, however, not all buyers are the same. Make sure you do your homework on both the local market and the buyer you are working with. A direct sale may not offer full price, but for some people, the amount saved on repairs and wasted time more than makes up for the difference in price.
List Your Home With An Experienced Agent
When you are dealing with real estate agents, you usually get what you pay for. The cheapest option is not always the best. And if you do not get results, it might be that your property needs more time on the market, so consider changing agents after 30 days. Make sure to ask an agent for references so you can contact their past clients before signing a contract or paying them any money.
This article is written by me (Brian) using the information I learned while working in the field of Realtors® and my personal experience, but there are no guarantees because every situation varies depending on multiple factors (i.e., content in this article should be used as knowledge only).
Offer Seller Financing
When your listing sits on the market for a long time, keep in mind that many potential buyers are not interested or can’t afford to buy. You have to find those who have the ability and desire to purchase your house.
For example, if your asking price is $200,000 you could ask for at least an extra 10k as rent for this first year of renting. That would put you at more than 15% return on rental income per year which seems attractive by most standards. If you use some sort of Google tracking on all your listings then it’s becoming easier with each passing day to track how long they sit on the market through “date listed” vs “time online”.
Consider Your Other Options
When you are considering your options, make sure you are working on the correct time scale. Can you buy yourself three months to get everything sorted or will it be happening straight away? You should also think about the tax implications of renting out properties in your country.
Most survivalists believe that owning property is an essential part of preparedness. It’s a way to have control over where you live and how you manage little things like privacy. Will Dean Rainwater and Richard Jeynes have written extensively on this subject in their great book ” Food, Shelter, Security.” I strongly suggest reading it if you want further information on owning land. Renter problems are another issue for discussion when talking about property ownership.