Sometimes in life, what once worked perfectly is no longer the best fit, which can be true of many things, including our homes. While we may feel a great sense of nostalgia about the memories we make in our homes, children grow and move away, leaving empty rooms and creating a desire to move closer to grandchildren. In addition, new jobs or family obligations can force relocation. Or the home may simply become too much for you to care for overtime, or you may feel it is time to find your retirement home in Portland. Possibly your dream home has suddenly become available on the market, and you need to sell your existing home.
Whatever the case, there are several ways to sell your home, affecting the overall cost to sell and the time the home will remain on the market. Read on as we explore four ways to sell a house no longer working for you in Portland.
Listing in the traditional method to sell a house that is no longer working for you in Portland can be pretty expensive and time-consuming. Along with the high cost of the real estate agent’s commissions when listing a property, typically six percent of your final sales price, marketing expenses, and other professional services, such as inspectors. Homeowners often overlook many additional hidden costs when calculating the costs involved. For example, real estate agents have no control over when or if your property will sell, so you should include the holding costs that add up as time passes when you’re calculating your numbers.
If you’re thinking about selling your Portland house – whether it’s because you need to, or simply because you want to – the first question you should be asking yourself is this: “How do I sell my home?” If you’re considering putting the house on the market, there are a lot of ways to go about it. You can put together an ad and try to get as much attention as possible from potential buyers. Or, if you have a little more time available than money, there are plenty of other options that will bring interested people into the picture who would otherwise not have come across your listing online.
Use a rent-to-own contract to sell a house that is no longer working for you in Portland – Better Off Home Buyers can help with that too! You can help tenants who are working towards homeownership achieve their dream. Because you’re locking in on a sales price for a closing a few years away, you risk home prices rising, so you can set the asking price higher based on an estimation of growth, along with higher rent payments, with a portion applying towards the down. Unlike other tenants, the buyers are invested in the property and financially responsible for the care and upkeep.
For sale by owner is a method often chosen in the hopes of saving on commission to sell a house that is no longer working for you in Portland. Unfortunately, FSBO listings typically end months later, with the owners reaching out to experts for help. Sadly, when a property listing lingers, buyers know and devalue the property automatically based on the days on the market. Only after learning the hard way do these owners realize that selling a home is an expensive and intensely time-consuming job, and after everything, you’ll likely walk away with less.
Why not reach out to Better Off Home Buyers with your questions or concerns? We are happy to help with no obligation. Save yourself the time and trouble of trying the other options first when you’re ready to sell a house that is no longer working for you in Portland. Call Better Off Home Buyers at 503-809-4855 or send us a message to learn more.