In todays market home owners need to play a more active role in the house selling process
Probably more than any previous time in history, sellers are motivated to sell a home fast. There can be many reasons for it, but the desire to find a buyer and transfer ownership of a home can pop up pretty fast for a number of reasons. These reasons include the need to move for a new job, marriage, other family situations and of course financial considerations. Since we cannot always schedule our lives to coincide with a leisurely home sale, more and more people are having a need to sell a home fast.
The primary consideration for a quick sale is where to find a buyer that is in a position to buy a home fast. That is the bottom line, really. Finding a buyer who is motivated by his or her own reasons to want a quick purchase is what requires the most thought up front on the part of the seller, as well as real estate agents, if the home is listed. Just putting a home on the multiple listing service may not be enough to get a buyer fast. Even if a buyer shows interest soon after the home is listed, normally it takes at least six weeks to close a sale with conventional financing. Six weeks is not fast enough for many sellers to figure out how to sell a house.
So, there are two main ways I locate buyers who need to purchase a home in a hurry when I’m interested in selling a home fast. The first way, and the most successful method for me in the past, is contacting real estate investors who buy and sell homes as a business. This is also my own business, so I have a lot of contacts. Although you may not have personal contacts, it is easy to find real estate investors yourself when trying to sell your house fast.
You can find them online in your area, and another easy way to locate some investors to tour your home and make you an offer is to contact your local REIA, Real Estate Investors Association, which has clubs in most metropolitan areas. Investors are usually in a position to pay cash and close fast, sometimes within a week from the date of the purchase agreement. So it’s easy to see why they are excellent prospects to sell a home fast.
However, if you need to obtain the most possible cash for your home and not sell at a discount, which is what will generally be required when you sell to an investor, then you need to find another buyer who is very motivated and who can pay cash. Finding these buyers is not impossible, but it will require the assistance of a real estate agent as well as your own efforts.
The primary consideration to sell a home fast is where to find a buyer that is in a position to buy a home fast. That is the bottom line. Finding a buyer who is motivated by his or her own reasons to want a quick purchase is what requires the most thought up front on the part of the seller, as well as real estate agents, if the home is listed.
Leo Kingston, owner of 18002SellHomes in Oklahoma City, Oklahoma believes that homeowners really should have an option to sell a property quick for cash as needed. He’s been marketing to home house owners in OKC with his “We buy homes” advertisements for over twenty years. Contact Leo right now to learn more information about selling a house fast.
By: Leo Kingston
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