There are basically two ways to sell your house fast for good cash.
Either you hire a real estate agent or you sell it directly as FSBO (For sale by owner).
However, depending on how you choose to sell your home, your main motive is earning a good profit i.e. put more cash in your pocket.
So before you want to sell your house to a customer, you have to decide how selling your home can be more beneficial in the long run.
Yes, you might think that selling directly as FSBO can put more cash in your pocket. However, this may not be true always.
Therefore think of the other alternative, i.e. utilize a realtor or an agent to sell your home for a profitable cash return.
Should you choose a realtor in California to sell your house fast, if so why?
Home selling can be difficult for you if you are especially not aware of the real estate market.
To sell your house fast you should find an ideal customer who would purchase your home for a good deal but this can be daunting for you.
Well, if you already have experience in this field being in real estate like selling and buying homes that would be an exception else avoid mistakes of selling directly as FBSO.
There are 3 reasons why you should choose a realtor or an agent to sell your house.
- It will save you precious time
- You will save more money
- Avoid common mistakes of losing your money
So you have to ultimately decide in the end whether you want to list your home with a realtor or you want to sell directly as FSBO.
Because it is up to you to decide what you really want.
The advantages of each are clear.
But if you don’t mind putting in a lot of hard work to sacrifice your time and money upfront you can sell your home better off.
However, this outcome is statistically less common.
On the other hand, if you don’t have time to invest in the research process that may take months surely listing your home would be an added advantage for you and your business.
So do extensive research before you attempt to sell your home without a listing agent. Else you may end up wasting your time and money or end up in a lawsuit.
Benefits of listing your home with a realtor in California
There are various advantages of selling your house through an advisor, real estate agent, or a realtor because they are the experts and they manage the selling and buying of inventory every single day.
Selling your home can be time-consuming unless you do not have the ideal customer’s list on hand who might be interested in buying a house.
So hiring a real estate advisor can give you that peace of mind to sell your house fast, who will be doing all the work for you, from listing your home to showcasing your inventory on various events and meetings.
An advisor or real agent knows what exactly buyers are looking for, so he or she will be able to describe your home benefits to those customers whose concerns match with your ideal home profile.
There are many laws surrounding the real estate industry hence listing with an agent will also keep you free from potential litigations.
Hence, hiring an agent will work on your behalf who will focus on various home shows and negotiation with buyers.
The agent will also cover all the work that is required to list your home such as.
- Take all photos of your home surrounding inner and outer parts.
- Mentioning details of rooms such as kitchens, dining rooms, bedrooms, bathrooms, lobby, etc.
- Sizes of all the rooms.
- Height of the roof.
- Area of the house in sq. feet.
- The driveway etc.
So there may be a lot more things and paperwork to do for an agent in the selling process, so you have to provide every bit of information so remember to spare adequate time with your advisor initially.
The Profit & Expense Mark
No matter you want to sell your house fast or you would like to wait for a better price, ultimately the profit matters.
However, there are many kinds of expenses associated with selling your house either your sell it through a real estate advisor or FSBO.
The reason is listing your home with a real estate agent may incur costs like a commission for your agent, listing service charges, and other marketing costs.
And if your home doesn’t sell quickly you will have to pay an annual fee of keeping your MLS (Multi Listing Services) active.
However, what can profitable for you is the agent is doing all negotiations for you to finalize a deal and keep the sales price as high as possible by using their selling experience to home buyers.
So if you think you will save a lot of money by selling your home directly as a sale by the owner, you may make several mistakes and commit a blunder in the negotiation that may ultimately lead to a loss.
While your realtor is experienced and they know how to tackle an ideal buyer for your home.
Therefore if you want more profits covering all expenses and commission you can call us and we can finalize your deal with a much higher sales price than FSBO.
However, if you want to sell your house without a realtor it’s up to you completely to take the decision.
So let us take a look at some of the common tips below to sell your house fast by FSBO.
Sell Your House Fast as FSBO in California
If as FSBO you want to sell your house fast in California, it means you have the time and you want to take control of your decision by yourself.
So as a homeowner, trying to sell your home lets you in a position where you know your house better and you will be in a position to consult with your customers in a much better way than a real estate agent.
This is one positive aspect where a real estate might miss to convey a buyer in more so detail.
Take this first-hand perspective to sell your house fast as a professional, provided you have found out the right buyer who is ready to pay the price.
And you have your choice of making the right decision to deal with opportunities to get the money fast when you need it to get the best ROI.
So how do you do it? Let us look at it in detail below.
a) Do your homework
If you want to sell your house like a pro you need to understand the market and your competitors.
Gather as much information as you can, either online or through personal visits as a customer to know what others are already offering in this space in and around California.
This will help you to understand what price you should keep for your house and how to keep your house furnished before you want to put it for sale.
More importantly, you would be able to get some valuable tips from the conversion that realtors have with you during your visit.
Research on the list of property/houses that are on sale and those that are already sold out.
You can also do some more research on the houses that are already sold, which will help you to identify the type of house that was sold and what was unique.
b) WOW Factor
Before you put your house on sale, make sure you do all the small repairs and renovate it to give a proper look and feel to the house.
Your buyers are likely to pay a lot of money for you to buy your house. So this is a very important factor that you keep your house properly furnished.
You can take ideas from home decor blogs and magazines, like painting and color schemes that will look great on your house, and take some ideas from the houses that were previously sold.
Keep your floors neat and clean and dust-free and update your Kitchen, Bedroom, and bathrooms to make your house look really good.
c) Keep the right Pricing
Pricing is one of the real issues for FSBO, so keeping a decent price is important for your house.
Buyers will be interested to spend the money only when you keep the price according to the market or rate as per the area where your house is located.
You have to keep aside the emotional part and consult other sources to get a keen idea of what the pricing should be like.
Also, you can consult your neighboring home sellers to find out what is the average price that is currently been targeted in your area.
There are opportunities to get some more pricing structure from online sources and home seller portals.
So research it on your part and make your pricing or take advice from local Realtors.
d) Use Free MLS Listing
MLS stands for Multiple Listing Service and these service providers usually take a small one-time fee or provide a free listing of your house on their portal for a small commission that is charged when your house is actually sold.
To find the best MLS service provider you need to do research on what the company is offering and what they don’t offer. That is how you will be able to sell your house fast.
So if you have decided to sell as FSBO, you may also try the free MLS listing service providers in and around California.
Doing so you can actually promote your house to those potential buyers who are actively searching for buying a home from these realtors.
Otherwise, you might lose some major local potential buyers who would have purchased your house.
In this case, you get much exposure and your house is being promoted and shown to a whole lot of buyers in the real estate market. So there is a greater chance of getting a query from a buyer.
Using these services also doesn’t put you in limitation, hence if you are not satisfied with their services you can withdraw your listing from their portal or you can sell your house through other sources.
And even while your property is listed you are free to sell your house anytime.
e) Beware of rules and regulation
Knowing all the rules and California state laws are mandatory because that is what you need to follow when you put your house on sale in California.
For example, if you are using a flat fee MLS listing, you need to update your listing whenever there is a change otherwise you may have to compensate a fine.
Your MLS listing may be for a period of 3 months to a year, so you need to renew your listing immediately to keep your listing active after the listing period expires.
You also need to follow California disclosure property requirements, the disclosure agreement may vary from state to state.
Be mindful of what you quote on your listing and stick to what you are actually offering.
Use the power of social media to go viral, use offers, and discounts to negotiate and sell like a pro.
Once you and the buyer have agreed to a price, closing terms, and all other related things you must draft and sign a California purchase agreement.
Finally, consult an attorney that specialized in real estate to make sure that everything is in order to avoid any discrepancy.
