Bethlehem is a city with many unique and charming areas, each with a vastly different real estate market. If you own a house located in the Bethlehem area and are in the process of selling it, we hope this simple guide will offer valuable information and help steer you in the right direction. The location of the house, condition it is in, and price are primary determining factors in how quickly it may or may not sell.
Where is Your House Located?
Since the real estate market in Bethlehem is so varied, the process of selling your house, as well as how long it may take, is directly related to where your house is located. While the difference between North and South Bethlehem is great, there are pros and cons for each area. Even with the housing market as slow as it is, houses in retail condition located in North Bethlehem are still selling at a somewhat consistent pace. The focus of South Bethlehem is much more related to investing, speculation, and rental properties.
What is the Condition of Your House?
Condition plays a very important role in selling your house, and has a significant impact on what the proper sale price should be. Retail buyers need a home to be updated and in very clean livable condition. With such a large supply of homes, buyers are free to pick houses that are either priced lower, or in better condition. Investor buyers aren’t concerned as much with the condition, however the price will need to be reduced to match the repairs they need to make to the house.
How Can You Price Your House Correctly?
Pricing a house correctly is an acquired skill honed through experience of the market, buying and selling houses, and working with many other professionals to absorb their knowledge. To correctly price a house you will need to consult a professional who understands the market and knows how to sell homes. Incorrectly pricing a house will result in it sitting for months, or even years unsold, while you incur ever increasing holding costs.
In conclusion, learning and understanding your situation will give you more insight when meeting with a professional to give them your business. Having a basic understanding of how real estate buying and selling works will go a long way in helping you pick the right real estate professional to work with. At ZecLee Properties we work with a team of highly qualified local realtors, as well as over 150 local real estate investors to make sure we always provided the absolute best option to our clients. Since we are also real estate investors ourselves, if it comes to it we will gladly purchase your house in cash. We do our best to give you all possible options to sell your house quickly despite the current market conditions in Bethlehem.
Contact us today to see if we can help!