Looking For Home Buyers In North Richland Hills?
We Analyze 3 Ways To Sell Your Home In North Richland Hills
If you own a home and are thinking about selling to home buyers in North Richland Hills or surrounding areas, you have a number of selling options available to you. In this blog post, we’ll look at 5 ways and break them down to help you determine which way is best for you.
For most people, owning a home is the largest purchase of their lives. Because it is such an important financial decision getting the right kind of support for your particular situation and preferences is essential.
In recent years, home-sellers like you like you have even more options to sell to home buyers in North Richland Hills and surrounding areas than they did even 10 years ago. As you think about selling your home, you need to decide which way to sell is best for you, given your goals and timeline to sell.
Home-Selling Method #1: Sell Through A Real Estate Agent
Using the support of a Real Estate Agent is the method most people typically use. (Around 90% of sellers hire a Real Estate Agent) It is best to use a local, experienced, full service Real Estate Agent if you are going this traditional route. An experienced, active, local agent knows the market better and can guide you more smoothly through the process of selling your home. The realtor should take professional photographs and effectively market your home. They’ll list your home on the Multiple Listing Service (MLS) and arrange showings for other real estate agents and potential buyers. They will do a market analysis and share the results with you. They’ll share with you their opinion on how to get the full market value for your home, and help you decide on the best starting sales price. They will negotiate on your behalf with potential buyers and assist you with handling any potential obstacles that may arise. They will schedule the closing and assist as needed.
The timeline on this selling method can take months The average time to sell a home this way is 3-6 months. 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 use this method will often need to spend money up-front to repair their house first, and then spend money from the sale on agent fees and commissions. Agent commissions are usually around 6% of the sales price. But the agent should help you get the best sales price for your home.
Texas Best Homebuyers is very experienced with this method of selling a home and we would be happy to list your home for you. Let us know if we can help!
Home-Selling Method #2: Sell On Your Own
This method of selling is typically called For Sale By Owner. (FSBO) It has been around for decades and is ideal for the seller who has a solid understanding of the real estate market and feels comfortable marketing their home on their own either through Zillow or other FSBO based website. With this type of method of selling your home you will also need to be comfortable negotiating on your own and handling the contracts or be willing to hire a real estate attorney if something arises beyond your expertise. This method may take longer to sell your home that using the traditional method of hiring a real estate agent but the positive benefit is that you might save money on agent commission. The process is very similar to the above 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. With this method you might be saving money on agent commissions but often people who use this method end up selling their home for much less than they could have sold it with professional help.
Home-Selling Method #3: Sell Direct To A Home Buyer In North Richland Hills
This method of selling is very different – it’s also faster, requires zero effort in preparing to sell, and it doesn’t cost the homeowner anything up front to repair or stage the home since the buyer has cash and is ready to buy the home as is. This method is great for people who want to sell their home as quickly as possible. It’s not surprising that this method is gaining popularity.
Rather than listing and showing the house to prospective buyers, the homeowner simply sells their house direct to a professional home buyer who is ready to buy right now for a price that is below the market value.
This method is much faster since the buyer has money and is ready to buy. The closing can happen quickly and most often on the day that you choose. Professional home buyers like what we also do here at Texas Best Homebuyers, usually pay closing costs and fees so you don’t have that expense either. A direct home buyer will let you know the amount they are willing to pay in cash for your home and buy it as it is. If the home is in need of repair the cost of repairs is accounted for in the sales price. So there is no need to come up with cash for costly repairs that would be needed to be able to list your home for market value on the MLS. There is also no need to clean or do yard work or staging because you will also be skipping the process of having to do showings. At Texas Best Homebuyers we will give you a fair cash offer and do everything we can to make the sale as quick and easy on you as possible.