Facts About Selling Your House in Baltimore That An Agent Will Not Tell You
- June 25, 2021
- 1 Comment
Thinking of listing your home? It’s critical to be aware of these 6 facts about selling your house in Baltimore that your agent will not tell you. Don’t waste time and money by not understanding everything that lays ahead in the traditional listing process of today.
Dinner time? While you may consider sitting down at the table together as a family highly valued time, the dinner hour, evenings after work, or during your weekend, are the most requested times for your potential buyers to walk through with their agent. It’s uncomfortable to have a crowd of strangers walking through your private space and looking at all of your belongings, especially without your supervision, but it is a real estate agent’s job to be certain that as many strangers as possible do just that. Likewise, you’ll need to keep your house clean and in perfect showing condition at all times because potential buyers will often arrive with little notice. Be prepared to plan your family’s entire schedule around showings or open houses for the weeks and months it may take to find the right buyer. This is one detail about selling your house in Baltimore that an agent will not tell you.
Fixing, Updating, or Staging Your House
When you decide to sell your house for cash, you are selling to a real estate investor. The investor buys your home as an investment property. The goal is for the investor to make money from the deal.
One of the common mistakes people make when selling to investors is putting work into the home. You should not fix, update, or stage your house if you plan on selling it to a cash buyer.
Cash buyers do not expect sellers to do these things. They purchase homes as-is, which means they will buy it exactly as it sits.
Fixing, updating, or staging your house costs money. Why spend money on the house if the buyer doesn’t expect you to invest in the property?
Show me the money! Because the traditional process for buyers is based upon the completion of lengthy inspections and appraisals, as well as other deadlines and hurdles that you’ll be jumping, closings can often be delayed. It is common for the closing process to take up to 60 days, and sometimes even longer, through conventional financing in traditional real estate. This is another fact about selling your house in Baltimore that an agent will not tell you.
Talking to the Wrong Buyers
The final mistake some homeowners make when selling their homes for cash is talking to the wrong buyers. Selling a home for cash is easier than selling with other methods, but you must make sure you work with a reputable buyer.
Talking to the wrong buyers might result in problems. You might find buyers who aren’t willing to pay reasonable prices for your house. You might also find some that try to scam you.
You can find reputable buyers in Baltimore, MD, that pay fair amounts for all homes, and this is what you should aim for as you prepare to sell your home for cash.
You Don’t Want To Market The House
Marketing a house for sale can take a lot of work, a lot of time, and a lot of money. Between the buyer questions, phone calls, online ads, property showings, people stopping in unannounced, photography, and other professional marketing services, the process can cost a bundle and take up a lot of your time. Some agents include all of this in their services, while others only provide the basics. You could find yourself spending a lot of time and money marketing a property without any real returns which is frustrating for anyone who wants to sell their house fast in Baltimore.
You’re Dealing With A Difficult Situation
Selling a house in Baltimore can require a lot of work. For homeowners in certain situations, working with an agent isn’t the best choice. If you are dealing with a difficult problem such as trouble paying the mortgage, a sudden move for work, foreclosure, or an inherited house, you may be looking to get rid of it as quickly as possible.