For this post, we show homeowners some things they don’t know about selling a house in Columbus. We will discuss what to expect when you list with a Columbus real estate agent! Most are surprised about the process!
Are you in about to list you house in Columbus? If selling your home is on your to-do list, you will wan to know what you are about to undertake. For a first time home owner, listing their property is a bring many unexpected hurdles. The value of the house may not be what you think it is. The pool of buyers may be small or your upfront expenses may be more that you can handle.
You May Face More Than One Round Of Repairs
When listing a house with a real estate agent in Columbus, there will typically be a few repairs made before putting the house on the market. These repairs can add up quickly, making the owner even more ready to get the house sold. However, when a potential buyer comes along, they will have the house inspected and appraised. Their offer will likely include contingencies, allowing them to back out of the sale if it doesn’t appraise high enough or if there are larger repairs discovered after the inspection has commenced. If repairs are required, the potential buyer will turn to you to fix them or to offer a reduction in price. So when all is said and done, you may be facing repair bills before listing the house and then again after you have found a buyer and the inspection has been completed.
Your Marketing Costs May Not Be Included
When you work with a real estate agent in Columbus, you’ll need to know exactly what you are getting. Some agents list and wait, while others are full-service, pulling out all of the stops. If you decide to list your house in Columbus, look for a premium agent or be prepared to pay for some of the marketing yourself. Professional photography, staging, signage, premium ads, and open houses aren’t always included. Many sellers will end up paying for these services themselves in order to sell the house in a reasonable amount of time.
Selling Timeframes Can Vary
Just because your neighbor’s house sold in a week, doesn’t mean yours will too. When you list your house on the Columbus MLS, there is no way of knowing when the house will close. It could be days, weeks, or months. For some sellers, they don’t end up finding a buyer at all and they are forced to take their home off the market. Listing a house in Columbus can be very frustrating for homeowners who want to sell their houses quickly. It can be difficult for families who are forced to live in limbo while they wait for a buyer. With a direct sale to I Buy Houses Columbus, you’ll know exactly when the closing will take place.
Sales Can Fall Through
Imagine waiting months to find the right buyer, only to have the sale fall through at the last minute. This happens more than you might think due to low appraisals and required repairs. Buyers will typically have contingencies in their contracts that allow them to back out of the sale if the appraisal comes back low or if they find major problems after the insection. You may still be able to sell if you lower your price, but after doing so much work to list it, many sellers aren’t willing to drop the price as much as the buyer would like them too.
Showings Are Often Last Minute
If someone drives by or reads about your house and wants to see it right away, it’s in your best interest to let them. When listing your house with a Columbus real estate agent, you’ll need to be prepared for showings that can happen at the drop of a dime. You might get a call saying someone wants to see the house in 30 minutes. You’ll have to make sure it is showing ready and make yourself scarce while the home is being shown. If this is happening a lot, the process can become stressful. However, the last thing you want to do when trying to sell your house in Columbus, is to turn away potential buyers!
Selling Your House Directly…
You may think that you need to hire an agent, list the house, and wait for a buyer, however, this is not the case. There are many ways to sell a Columbus house. A direct sale is the best way for many Columbus homeowners to sell their homes. When you consider all of the listing costs, holding costs, and commissions, working with the right property buyer can be the most beneficial choice. You’ll be able to avoid the costs, the showings, and the waiting.