Gone are the days when sellers use to put up a nice sign in their garden and get many good offers for their property. Also, it is not quite possible to sell a house fast with agents nowadays. Real estate market has become extremely competitive. In some cases sellers get a good deal whereas in some buyers have an upper hand.
With plenty of seminars and flipping shows being organized around the year, it can be concluded that real estate pool is getting bigger and you (whether you are a buyer or a seller) might have to work harder to get a good deal.
In such a situation, selling a house faster is a very big deal. There are many reasons for which owners want to sell their house quickly. Some of these reasons are:
- Facing foreclosure
- Being behind on taxes
- Bad tenants
- Getting divorced
- Inherited with other property
- Moving to another state
- Want some extra cash
Where are your Target Buyers?
All of the above mentioned reasons are viable, so if you want to sell your house faster for cash you need to know where to find the right type of buyer. When you are looking for a buyer, you will be happy to know that there are quite a few options. So, let us see where your target buyers are:
Wholesaler: A wholesaler is an investor who is looking forward to buy houses for discounted prices. Wholesalers have numerous investors listed with them and they can buy your house in no time. Their investment partners have cash on hand and they probably have closed a hundreds of deals before.
Some wholesalers will purchase discounted properties in any state, whereas some only invest in one particular state. If you see advertisements like – “We buy houses in as is condition for cash” it is definitely a wholesaler looking forward to purchase a discounted property.
Craigslist and other classified websites: If you are going with this option, be prepared to answer numerous tire kickers. There are a lot of buyers available online, but unfortunately most of them are newbie and have no idea about how to make a deal. So, while advertising your property online, make sure you give all the necessary details of your house in order to avoid long over the call conversations. To know how to advertise your property well – visit www.sellyourscalhousefast.com.
Specific forums: If classifieds doesn’t work for you, it is ideal to go at places where potential buyers hangout. Forums with premium subscription fees can be your reliable place to advertise your property. On these forums, investors discuss about real estate topics and when they see your house on the list, you can expect to get an offer faster.
Lastly, keep in mind that when you are selling your property to an investor or a wholesaler, don’t expect to get retail value. After all, they are looking forward to buy cheap houses which are off the market in as is condition. If they wanted to buy on retail prices they would just turn to MLS. So, be ready to compromise a little on the price and on the brighter side, you get to close the deal faster, get paid in cash and save on the commission of any middle men.