You want to sell your local Salt Lake City Utah area home and you want to do so quickly. Right?
Maybe you have another commitment with the money you will get for your house or you need to move right away or maybe even foreclosure is around the corner. Whatever the case is, you need to sell your home quickly in the Salt Lake City area and move on.
Unfortunately, homeowners who need to sell their home fast soon realize that it will take 2 to 5 months to sell with an agent even in a seller’s market like it is now. Loans can take 6-8 weeks, a buyer can cancel the sale or financing can not work out. If it is a buyers market like we always seem to get in sooner or later, it will probably take longer to sell your house. The market will influence whether your house sells quickly or not and how much you can get for your property. And as you’ve seen in our local Salt Lake City real estate market… the market is changing on an almost monthly basis. Typically a seller will get the most money for a house by listing the house and taking up to 5 months to sell, but that takes a lot of time, there are all the potential buyers walking through the house, inspections, appraisals and more. Selling your house to an investor vs listing your house can be a great option for you.
Factors People Consider When Deciding How to Sell Their House Quickly
There are many factors that influence whether you will sell your Utah home quickly in any type of Real estate Market.
Some of those factors include:
- It takes about 90 days minimum to sell with an agent. We can close in 5 days.
- It can take up to 6 months to close if you list the house and a couple of buyers fail.
- You can sell a house on the MLS if it needs repairs, but it is a slower process.
- There will be no buyers, inspectors, appraisers and repair people going through your house for the next few months.
- The condition of your house and whether it needs work will matter.
- The asking price of your house.
- The asking price of similar houses in the area.
- Interest rates.
- The local economy in Salt Lake City Utah.
- The condition and trends of the neighborhood (is it growing? is it shrinking?)
You may not be able to wait around for a Regular Type buyer from the MLS if a quick house sale is what you need. Especially if your first buyer fails and you have to start the process over.
How to Sell Your Home Quickly with a Realtor on the MLS in Salt Lake City
First, finding a buyer that will close on time at the right price.
Even in a seller’s market, there are many houses for sale. Houses just go under contract in a few days vs a week or two in a fast housing market. One problem in a seller’s market is that buyers put any house under contract and keep looking and will back out of a contract if they find something better. In a buyer’s market, the market simply moves much slower for the house seller. There are many other local Salt Lake City homes for sale and each one is competing for the same harder to come by serious buyers. A good buyer is one that has a high probability of finishing the purchase.
Rather than setting a price that you want to get for your home, find out what similar homes in your neighborhood are selling for. Don’t forget to look at the comparable condition of the house too. Just because you have the same layout as your neighbors doesn’t mean that you’ll get the same asking price, it depends on the condition of the house too. The best buyers sometimes want a bit of a break on the price, but they usually close the quickest.
Your real estate agent should be able to help you with all of this.
Second, it is important to know the most likely people to buy your home.
Is it a small family starting out with young children? Maybe a retired couple who might be downsizing? Is it a newly graduated college student moving to the area because of a new job? There are many reasons that someone will want to buy a house and their reasons will be influenced by family, jobs, and more. When you understand this, it will help you with the next point. Be thinking about the type of person that would want to buy your house.
Third, spend some time, money, and effort into making your house ready for the right buyer.
Knowing the type of buyer that would like your house will help with how you or your agent market your house on the MLS. If the perfect person to buy your home is a new family with a couple of kids then perhaps you will want to make sure that you have an awesome backyard with a swing set and probably a fence. Or if your house is near a busy street to make sure you have a nice fence around the yard to protect kids from going into the street or to deflect noise that might bother some buyers. If the best person to buy your house is a retired couple then perhaps you will want to make sure that the home is comfortable for people with no children but who may have a hard time with stairs, or make sure the landscaping outside is low maintenance and easy to care for. Here are some other tips for selling a house fast on the MLS.
Fourth, work with a local Salt Lake City Utah real estate professional who can help you prepare your home, list it, and close the deal.
Real estate agents are the experts that can help you sell your home for top dollar on the MLS. There are many agents here in Salt Lake City to work with, and if you want a referral to a great real estate agent with a great history of helping people, just give us a call at (801) 382-9199 and we will be glad to give you a referral. When you’ve done all the advanced legwork, you’ll help your agent be able to sell your home quickly.
When you follow these four simple steps, you can sell your home pretty quickly. However, sometimes you want to sell your house even faster than the MLS and a good real estate agent can sell your house. So let’s talk about selling your house faster than the MLS.
How to Sell Your Home Quickly to an Investor in Salt Lake City
Sometimes people that want to sell their house quickly do not have the time to look around at what others are selling for. And sometimes you may not want to wait around or spend the money to fix up or repair your property for your ideal customer. And sometimes you may not want to spend the time waiting for the perfect buyer while your real estate agent markets and sells your house. Sometimes people just want to be done now. Here are 15 benefits of accepting a cash offer on your house when thinking about how to sell your house fast.
You can bypass all these steps quickly and easily by selling your house to a local real estate investment company for cash. At Gary Buys Houses, that’s exactly what we specialize in: buying homes fast.
Homeowners who simply don’t want the hassle of people walking through their house or who don’t want the very long wait times but just want to sell their home quickly As-Is can do so with one phone call to (801) 382-9199.
This is perfect for homeowners who are in financial distress and cannot wait too long to sell their home. Maybe you need to stop foreclosure or you don’t want your payments to be even 1 month late. And, it’s perfect for homeowners who are facing some other life event like a divorce or a death in the family. When these things happen, the last thing you want to do is think about painting the house so it’s perfect for someone else! It’s much easier to simply pick up the phone and sell your house with one phone call and no hassles!