The median days on market for a home is 32. However, there are many buyers who get fully underwritten prior to making an offer, so you can close the deal in as little as 14 to 17 days with an iBuyer or other fast-closing company. However, you should be aware that these options do have their drawbacks. In this article, we’ll discuss some advantages and disadvantages of each one.
Selling to an iBuyer
There are several reasons why you should consider selling to an iBuyer when you need to sell fast. The best way to avoid back and forth negotiations with a traditional cash investor is to sell to an iBuyer. These investors often offer more than a traditional cash investor and are happy to work with your schedule and close on your home in a certain time period. There are other advantages of selling to an iBuyer, as well, but they require more time and effort on your part.
FSBO
The disadvantages of FSBO are that you will have to put in a lot of work to find qualified buyers. A FSBO seller must create an attractive listing description and a killer marketing strategy. Moreover, he must devote considerable time to handling phone calls, showings, and open houses. Besides, FSBO sellers should make smart investments like upgrading minor things in the home, which can increase the price and speed of sale. Lastly, FSBO sellers should invest in a good yard sign for their house. These signs should allow them to add their contact numbers.
Auction
While some auctioneers overvalue a property, the majority do not. To make the auction process more efficient, a valuer visits your property and confirms its details. A formal valuation is not always necessary, however, especially if your property has a high level of commercial value or unusual characteristics. However, if you do need to sell your home quickly, an auction may be your best option.
Developer
Whether you need to sell your house fast or you just want to avoid all of the hassle that comes with the process, there are a number of options available. If you’re looking for a guaranteed sale, an iBuyer or developer is a great choice. These companies will come to your home and make a cash offer, usually without you having to spend any time on showings or negotiations.
Cash buyer
When selling a house, one of the most popular methods is bringing in a cash buyer. This method can get the house sold within a week or less. Unlike traditional home-selling methods, a cash buyer will not require repairs or inspections. The cash buyer will do a title search to ensure that the property is free from any judgments or claims. Once the buyer has agreed to buy your home, the process can be completed within ten to fourteen days.
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