As we all know, the housing market has been an interesting spectacle for some time now. Amidst much speculation about impending crashes and booms, housing prices have surged quicker than ever before, and both buyers and sellers have found success in the real estate market. If you’re considering selling your house in Brevard County and are wondering how to go about it, this article is for you.
Here are 3 Different Ways to Sell Houses in Brevard County
Strategy Number 1: Hire an Agent or Broker
A local real estate agent or broker can make it easier to sell your house in Brevard County or any other strong real estate market. A good agent can save you time and energy by handling many of the various tasks associated with selling a house, like marketing the house, prepping it, managing buyers’ offers, etc.
Your first step is finding an agent that has the qualities you’re looking for, and who you feel comfortable working with. After finding a compatible agent, you will sign an exclusive contract with them to list your house for sale.
Once this has been achieved, your agent can help ensure there are open houses scheduled with potential buyers looking at properties like yours too, all through using various marketing tools available through multiple listing services.
Your agent will help to manage arranging open houses and preparing the home for showing, as well as handle all the paperwork and negotiations with buyers. When you’re ready to sell, an agent is motivated to provide you with a great experience and earn their commission.
While agent commissions are often well-deserved, the commissions and closing fees do decrease the profit margins of the sale. Typically, the total commission from the sale might be between 5-6%, with individual agents taking 2-3% each. This means that if a property is sold for $300,000, then a total agent commission rate of 6% would shave off $18,000 from the sale. Moreover, the seller might have to bear the closing costs, along with potential repair and maintenance costs.
Strategy Number 2: Sell the House Yourself
Selling the house yourself may be the perfect option for you if you want to avoid paying commission fees. If you’re the type of person who prefers having more control of the situation, this could even be a more relaxing option for you as you need not worry about finding the right agent or being at their mercy during showings.
The process of selling your home can be a long and tedious one. It’s important that you do everything in order to make it go as smoothly for yourself as possible. This starts with deciding how much money will exchange hands when the deal is all said and done (the Fair Market Value), based on market research in your area. Then comes preparing the house for sale. This could include doing any maintenance, touch-ups or repairs, and cleaning the house so that it’s as presentable as possible.
Once you’ve done this, you can put up your FSBO (For Sale By Owner) sign or listing on websites like Zillow and Trulia, so potential buyers know what they’re looking at before making offers. You create buyer interactions by marketing the property via not only the traditional signs, posters, flyers, and open houses, but also through digital marketing techniques which include organic marketing on social media, brand websites and blogs, as well as paid advertising on a number of platforms.
Finally, after the house has been prepped and marketed, it’s time to negotiate the terms. This means agreeing on the final sale price, plus any conditions or contingencies of the sale. These could include the seller bearing some repair costs, completing a home inspection before the sale, or various other things a buyer might request. Once all is agreed upon and accounted for, closing the deal involves a very specific legal process which will be guided by a title agent or a closing attorney.
Although being able to save on the commissions and brokerage fees is beneficial, navigating the real estate market can be extremely difficult for inexperienced sellers of houses in Brevard County or elsewhere. If you decide to take it on yourself, be prepared for a rewarding but somewhat arduous experience.
Strategy Number 3: Sell Your House to an Investor or Wholesaler
If you need to sell your house quickly, without doing any repairs or maintenance work yourself, then selling it through an investor might be the right choice.
If you’re looking for real estate investors, most cities have them. These individuals will evaluate your house and make an offer that fits their criteria – all they need from the seller is cash in hand! You’ll get paid quickly once closing finally happens and move on to the next chapter of your life with minimal hassle.
Homeowners looking to sell their property quickly should consider selling to a cash buyer investor. Cash buyers are individuals or companies with the money on hand to buy homes at any time, regardless of market conditions.
Even with so many options for sellers to connect with home buyers these days, it’s important for homeowners to be aware of all their options – especially when they need fast cash or have found themselves in a precarious scenario.
The truth is, putting your home on the market and actually undergoing the closing can realistically take months, which is not an option if you’re short on funds and need immediate assistance with paying off your debt. Selling your home without that stress could help you avoid getting into serious financial trouble down the line.
We Buy Houses in Brevard County for Cash
When you work with the right buyers, selling your home for cash can be a very smart decision. We buy houses in Brevard County and will provide an offer on the spot based on our evaluation of how much it would cost to fix up the house in Brevard County, as well as its market value.
If you’re considering selling any houses in Brevard country for cash, please give us a call today. You can also schedule an appointment with our team and we’ll walk you through the process to help you evaluate if this would be right for you.