Do you need to sell your house fast? Well, you surely are not alone. Here are 5 ways to sell your house fast in Cincinnati
So you need to sell your house fast in Cincinnati,OH? Many homeowners find themselves in this kind of situation for a number of reasons. It could be anything from financial difficulties, or inheriting a property and having to deal with it quickly, or having to move to a different area because of your job.
Whatever the reason, the first thing to realise is that you have more options than you think.
And as with all things in life there are advantages and disadvantages for each option. So if you’re saying to yourself, “I need to sell my house in Cincinnati fast” here are the top five options you have available, as well as a breakdown of all the good and the bad points for each.
Option 1: List Your House with a Realtor
One of the first options people think of is to call a realtor and have them list your house for you. They have experience in negotiating and will try to get you the best price.
The agent does all the work. They list the property on the MLS (multiple listings service), take photos, arrange viewings, negotiate with buyers or buyer’s agents and try to get you the highest price they can.
You have to pay the realtor’s commissions – usually 6% of the property price. For example if you sell your house for $150,000, and the agent’s fees are 6%, then you would have to pay $9000 in realtor fees – meaning you would actually only end up pocketing $141,000.
Houses can sit on the market for many weeks or even months depending on market conditions. The longer a property has been on the market, the less attractive is it usually seen as to new potential buyers,
Trying to sell for “top of the market” price usually means the property takes even longer to sell
There’s always the chance the buyer’s finance could fall through or they could pull out of the purchase during inspection if they don’t like the condition
Closing usually takes months, so not an ideal option if you are in a hurry
Option 2: Post an ad on Realtor, Zillow, Trulia or Redfin
Realtor, Zillow, Trulia and Redfin are major property directories which many buyers use to search for their ideal homes. These are basically the digital versions of the old newspaper “houses for sale” section
Very popular among potential buyers, meaning you get more interested parties who might want to buy your home
These kind of sites can automatically send details of your property to people who set specific criteria of the type of Cincinnati homes they are interested in
You have to do all the work of listing, taking photos, arranging viewings, answering phone calls and showing the home, as well as negotiating with prospective buyers.
You may have to spend some money to “stage” your home and make sure it is presentable and appealing for potential buyers
If your home needs repairs, it becomes less attractive compared to all the other houses for sale in your area of Cincinnati, which may be “ready to move into”
Option 3: Put an ad for Your House on Craigslist
Easy to create an account on Craigslist and list your property, You avoid the realtor commissions.
Craigslist is known to be used by scammers. Since it’s so easy to set up an account, many people create accounts with bad intentions.
Sometimes people pose as interested buyers just to see what you keep in your house
You have to do all the work in taking photos, arranging viewings, showing the house and negotiating
Fewer people use Craigslist for searching for houses, than sites like Realtor or Zillow, meaning you get less potential buyers who might see your home.
Option 4: Get a “For Sale By Owner” Sign and Run a Newspaper Ad
The most DIY option on the list. This is only recommended if you are extremely knowledgeable and experienced in handling property transactions since the legal paperwork is important to get right.
Avoid any realtor fees, Local newspapers are not very popular these days, and many people go online first when looking for a new home. This means you probably won’t get many interested buyers (if any at all!)
You still have to do all the work of listing, taking photos, arranging viewings, answering phone calls and showing the home, as well as negotiating with prospective buyers.
Putting a “For Sale by Owner” sign out front is also risky as someone has to drive directly by your house to see that it is for sale. The vast majority of available buyers will not know your house is even for sale.
You have to pay the advertising costs to list in the newspapers
Option 5: Sell Your House Fast in Cincinnati to a Cash Home Buyer
The best option if you want a fair price and a quick sale.
Investors make cash offers so you know they have the finance in place (compared to many other buyers whose loan may be declined at the last minute)
Since you get a cash offer, you can have peace of mind knowing that the house will be sold quickly. The closing process is easy with cash purchases, and can be done within 7-10 days usually
You don’t have to pay any realtor fees or commissions. Investors will buy your house in any condition, so you can leave the repairs and maintenance issues to somebody else
You don’t have to deal with an ongoing stream of phone calls and appointments while your house sits on the market for weeks or months… all the while second guessing yourself about how much the house is actually worth
You get a fair price with a cash offer, so there are no surprises
After you consider your situation you may want to ask yourself what are you trying to achieve…
Are you just trying to get the highest price for the house, and you have all the time in the world?
If so, then you could try to go through a real estate agent, but bear in mind you will have to pay a commission and likely have to wait months for the closing to take place. If do you choose to list your house, you’ll need to do quite a bit of paperwork as well as possibly pay for repairs to your home.
If you don’t go through an agent and decide to sell the house yourself, you will have to make sure you cover every base and there are no loopholes to trip you up, as well as handling the paperwork and repairs again.
OR do you prefer not to have to deal with the headache of the paperwork, the repairs, answering phone calls and negotiating? Are you in a rush to sell your house and get the cash so you can move on with your life?
If so then selling your house to a cash home buyer is the best option and fastest option since it saves a lot of the hassles and you have the money from the sale in the quickest time frame.
If this is you, we can help.
We buy houses Cincinnati. If you would like to sell your house fast in Cincinnati contact Houses513 today.
Houses513 is the premier house buyer in the Greater Cincinnati area experienced in the real estate investment business. We buy your house fast, for CASH. We will offer you a fair price with no commissions charged, no inspection fees, no appraisal fees or other charges and definitely no delays.
Contact House513, our We buy houses Cincinnati team, now and sell your house fast in Cincinnati whatever condition it’s in. No repairs necessary. You can either call us at (567) 203-5718 or fill out our form directly here, online.
Click this link to get a cash offer on your Cincinnati home.