Are you wanting to sell your house, but you’re not sure how to go about it? The truth is you have several methods to turn to. With that said, below are four different ways to go about selling your home, as well as what the pros and cons are of each.
Real Estate Agent
One of the most common ways people sell their homes is via a real estate agent. The main benefit of doing business with an agent is they do all of the legwork for you. They are the ones who market your property, optimize your listings and tries to get people interested in purchasing your home.
There are a few cons. Agents do charge a commission, which in some cases may be quite high. Furthermore, sometimes your property can sit on the market for a longtime, regardless of how experience an agent is or how well they market your property.
Sell By Owner
Another way to sell your home is to do a sell by owner sale. This is exactly what it sounds like, a homeowner that sells their home on their own. You’ll have full control over how you market your property and where you place its listings. Not only that, but you’ll get maximum profits when you sell on your own.
The downside to selling yourself is you’re responsible for everything, including paperwork. You’ll also want to pay money for an attorney, otherwise you could run into legal headaches that will cost you a lot of cash. Besides that, you probably don’t possess the same amount if experience that an agent has.
Sell To An Investor
Have you ever seen signs or adverts that say “we buy any house” because those are investors, and you can actually sell your home to them. Best of all, sales usually close fast and investors buy just about any home, regardless of their condition or age. If you want to sell your home with no stress involved, then consider selling to an investor.
There is a con and that is you might not get that much. Investors buy homes and sell them at a higher price. This is one of the reasons you might not get as much as you’d think. This isn’t always the case, but more often than not it is.
Rent To Own
This is a bit of a difficult one, but you can rent to own your home. You’ll need to go through a professional, such as an attorney, who is familiar with the law and whether or not you can actually do it in your area. This involves renting out your home to a tenant, who at the end of their lease can decide whether or not to purchase your home. This isn’t a guaranteed way to make a sale, but it might be worth pursuing.
You can sell your house via a real estate agent or you can sell it yourself. You can sell your property to an investor or market it as a rent-to-own property. It’s up to you to decide which method you should try.