Selling your home can be a difficult task. The procedure will probably take a lot longer when using an agent than it would with a direct sale, and it might also end up costing you more in the long run. Continue reading to find out how your finances will be impacted by the selling process.
When listing your home through a Savannah real estate agent, there is no way to predict how long it will actually take to sell; however, if you decide to sell directly, you can make plans. We will examine how long it will take to sell your home in our most recent post as well as the typical issues that can result in delays.
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If You List Your House…
Make It Ready For The Market
If you decide to put your Savannah home on the market, it will probably take some time to get it ready. You should prepare the house for showings by cleaning, clearing out personal effects, making repairs, and possibly staging it.
A Good, Local Agent
Additionally, selecting an agent can take some time. Working with the first agency you meet won’t be something you want to do. Instead, before choosing an agent, you’ll probably conduct some research, consult with friends and relatives who have recently sold a home, and speak with a couple of them.
Wait For A Buyer
Once the house is listed, you are at the mercy of the market. There is no guarantee you will find a buyer right away or that you will get the price you are asking for. Your property could sit on the MLS, only to receive offers lower than you had expected. You never know how long this part of the process will take, which makes planning ahead difficult.
The Inspection
Once an offer has been made, your buyer’s lender will require an inspection and appraisal. If it doesn’t appraise for what they are lending, the loan won’t be funded. If there are problems with the property you will need to either make additional repairs or negotiate the price with your buyers. When pricing your home, be sure to prepare for this step. The value of your home can change greatly once it has been inspected. Some sellers even opt to pay for an inspection themselves before putting it in the market. This will ensure that there aren’t any surprises after an offer has been made.
Escrow
You are at the whim of the market once the house is on the market. There is no assurance that you will get the price you are requesting or that you will find a buyer immediately soon. It’s possible that while your house is listed on the MLS, smaller bids than you had anticipated come in. Planning ahead is challenging since you never know how long a procedure will take at this particular stage.
The Close
Your buyer’s lender will want an inspection and assessment after an offer has been made. The loan won’t be funded if the property doesn’t appraise for what they are lending. In the event that there are issues with the property, you will either need to do additional repairs or bargain with your purchasers over the purchase price. Be careful when determining the price of your house.
When You Sell Directly…
An Offer
You will receive an offer as soon as you sell directly to 32Homes LLC. You must then consider if it is the best option for you. We are aware that you might require some time to reflect or do the math. We won’t ever try to sell you something.
The Sale
The closure could happen quickly if you decide to accept our offer. You may plan ahead by avoiding any listing expenses (repairs, commissions, closing charges, etc.) and knowing exactly when the house will close if you sell it directly to 32Homes LLC. In Savannah, a direct sale is frequently a quicker and more economical option for real estate. You won’t need to hire a contractor or perform repairs or hire an agent in order to sell. Before you decide to list, find out if a direct sale is right for you! There is no commitment!
Thinking about selling your house in Savannah? Get in touch with 32Homes LLC before hiring an agent! (912) 421-9907