Our team at ZecLee Properties is comprised of local real estate investors who work full time evaluating houses and talking with homeowners about their situation. With our expertise and experience we see trends and changes in the housing market first hand and on a continuous basis.
One common question we get is “How can I sell my house in this market?” or “What are my options?” and the answer is simpler than you may think. We’ve come across three easy steps to get you on the right path.
1. Find the value of your house
At the beginning of the process of selling a house, the first step is to determine the true market value of the house. Depending on various criteria, this may be an easy or more difficult task. The best way to start is to find recently sold similar houses in your area. You may be able to find some of this information online websites, but to get an accurate number it will require experience and knowledge of the current local market . The other options are to ask a professional, such as an experienced investor or realtor. After you have a general figure of what your house is worth, evaluating your situation is the next step in the process.
2. Evaluate your situation
After finding the value of your home you have a few options to proceed. Assuming you have six to twelve months to sell your house, listing your home with a realtor may be the best option. Keep in mind there are a few steps that happen during the process of selling your house with a realtor. Generally these steps include reductions in price to generate interest in your house, realtor commissions, fielding low offers, and multiple walkthroughs by potential buyers. Even though we are not realtors, we do work with them and are able to recommend you one based on your current situation.
If you need to sell your house quickly, the option of having your house sold for cash in two to four weeks through an investor may be a better choice. Selling your house to an investor will avoid price reductions and realtor commissions, and you won’t have to make any repairs yourself. However, selling your house to an investor may require you to sell your house at a lower price than the current value.
If you are facing a foreclosure or you owe more than your house is worth in the current market, there is help. Finding the right professional to help stop your foreclosure and negotiate with your bank may be very beneficial. If your house is foreclosed on, your credit rating will take a major hit, and you will have trouble purchasing another home or even renting in the near future. If you are in a situation like this your best option is to contact a professional as soon as possible.
3. Contact a professional
The benefits of working with a professional is that you won’t need to stress over your situation. Choosing the right professional will increase your chances of getting your house sold while others fail to sell. A good professional will listen and offer the best solution for your situation.
Contact us today to see if we can help.