The only thing that’s constant in life is change.
A major life change is just one event away. It could be a financial crisis, sudden health breakdown, unexpected spouse death, divorce, work-related relocation, changing neighborhood, or even empty nest syndrome.
All of them are personal crisis situations. And you might simply decide that you have had enough and want to sell your house in 5 days flat.
Now, you may be wondering, “Is this kind of fast sale possible at all?”
Well, I have some good news. According to the Realtors® Confidence Index Survey, a house typically stayed on the market for 19 days in December 2021. Cutting this period down by 75 percent is challenging but achievable.
What’s the Proven Method to Sell Your House Fast?
Five days is too fast for selling your house using the traditional method of listing with a real estate agent. The agent will request you to first prepare the house and make it appealing enough for potential buyers. Only then you can expect to receive competitive offers. But the problem with this approach is it’s labor-intensive, elaborate, and time-consuming.
If you want to sell your house fast and also sell your house for cash, then nothing can beat working with a real estate investor. They can not only simplify the whole transaction but also give you cash quickly as promised. It might seem too good to be true but that’s how it is.
Home Seller Heaven is a legitimate company and we offer a fair price for your home. After receiving a free non-obligatory quote from us, you can carefully consider all your options. The main advantage of working with us is you can sell your home to us only when you’re ready to sell. We don’t pressurize you to sell. This detailed post will help you evaluate all your options and make the right decision that suits your situation.
How to Sell Your House Fast in a Seller’s Market?
In 2021, the housing market had a breakout year. It was a strong seller’s market. The following three factors were helpful in sustaining the demand for homes last year:
- Home foreclosure rates were low.
- Prices and rentals of single-family homes experienced the strongest yearly growth.
- Interest rates were at the lowest level.
Against this backdrop, the general consensus is that the housing market will remain robust through 2022. If anything, the demand for houses is expected to rise as we might have three interest rate hikes this year.
Right through last year, homeowners sold their properties quickly. Also, they were able to frequently sell their houses above the asking prices. Most homes saw multiple buyers fighting for the winning bid. As a result, the final price was most often above the listing price.
Still wondering, “How to sell your house in 5 days?” in spite of all these positive factors?
Alright, let me give you more positive data. At the end of January 2022, the inventory of unsold homes is low at just 860,000. Another positive factor is that like in December 2021, a house typically stayed on the market for 19 days in January 2022, as well. So it is possible to sell your house in 5 days if you work with a real estate investor and get a cash offer.
Why You Need to Sidestep the Traditional Real Estate Process?
Selling your house is stressful, especially if you need to do it in 5 days. Let me be honest here. The traditional real estate process is complicated and slow. It would be almost impossible to sell your house in 5 days if you take the traditional route. This route is complex and time-intensive. Let me explain some of the time-consuming steps that can set you back by weeks:
- Minor repairs and pre-listing preparations (staging)
- Showings to multiple buyers
- Scheduling an open house
- Mandatory home appraisal
- Buyer’s financial contingency.
As you can see, this model is pretty old. If you rely on this unfortunate model to sell your house in 5 days, you are setting yourself up for failure. The reason is the legalities and complexities in real estate are endless. You seriously need to steer clear of them all to sell your house fast.
But how to sell your house in 5 days? Good question.
Sell Your Home for Cash Today
Work with a real estate investor like Home Seller Heaven and sell your house for cash. It’s the easiest way to avoid the stressful traditional real estate process. Working with a real estate investor is totally stress-free. The main advantage is you don’t need to worry about getting your house to sell-ready condition. Also, you no longer need to worry about staging your house, showing it to potential buyers at inconvenient times, making expensive repairs, and evaluating competing offers. In a seller’s market, you can rest assured that you will get a competitive bid from a real estate investor.
In the worst-case scenario, you might get an offer that takes the anticipated fixing-up expenses into consideration. Anyhow, it’d be impossible to hide any major repairs from a buyer even if you were to sell your house the traditional way. Florida’s disclosure rules are clear: As a home seller, you must disclose any conditions or facts about your house that may have a significant impact on its value or appeal that other people cannot easily see. So, selling your house for cash does not imply a significant financial cost.
The Most Important Factor to Sell Your House Fast: Price Your House Correctly
Pricing your house competitively is one of the most effective ways to attract a real estate investor. So precise pricing is crucial. While overpricing your house slightly isn’t a bad strategy, don’t make the mistake of overpricing it too much. A real estate investor will typically negotiate a lower price. But if your house is overpriced by a huge margin, they may think you are not serious about selling your house.
In the same vein, don’t make the mistake of undervaluing your house. In a strong seller’s market such as the current one, committing a blunder like that would amount to cheating yourself. My way of seeing it is when you price your house lower than its actual worth, you are leaving free money on the table. Now, why would you want to do that?
That brings us to the all-important question, “How to price your house correctly when you want to sell your house fast?”
The Basic Principles of Pricing Your House
Some of the wrong ways of assessing the real value of your house include the following:
- The estimated cost of buying a new home.
- The opinions of your friends.
- The construction cost of the house you are selling.
- The mortgage cost of the house you are selling.
- Your emotional attachment to the house you are selling.
Remember, you are dealing with professionals. Investors wait for the right property. They know how to buy the right property with the right location. They also know the right price to pay. Therefore, there is little margin for error when pricing your house.
Don’t count on guesstimating the value of your house correctly and hope that a real estate investor will come along and opt to close the deal. That isn’t a professional way of valuing your house correctly. One proven strategy to achieve fair pricing is by basing the value of your house on the sale price of comparable-sized houses in your neighborhood that were sold recently. But you’ll also need to look closely at the condition of your house before pricing it correctly. It’s quite possible that the houses that were sold were in prime condition.
Emotional attachment to your house can also work against you. The problem with emotional attachment is you can easily fall into the trap of overpricing, as a higher selling price looks attractive. But a higher selling price that’s not a fair price may not seem so attractive to an investor. As a result, they may choose to move on to the next available property. So when you set the price of your house too high, you are doing a disservice to yourself. You are only helping other homeowners who have set a fair price to sell their homes.
When you choose to deal with a real estate investor like Home Seller Heaven, you’ll no longer need to worry about “How to sell your house in 5 Days.” They make it a clear possibility. The main advantages of doing business with Home Seller Heaven are you get a fair price for your house, and you don’t have to pay any hidden fees. With surplus cash on hand, they can not only buy your house in 5 days but also pay you cash for your house.
Get a non-obligatory, free quote for your house today.