It is always smart to explore your selling options before selling your house in Fort Wayne. In our latest post, find out if a direct sale, selling yourself (also called For Sale By Owner ), or hiring an agent is the way to go for you!
Many people think that the only way to sell their house successfully is to hire an agent and wait around for a buyer. While this is one option, it’s definitely not the only one. Sometimes it may not even be the BEST option for you. Many people are opting to sell on their own, either using a For Sale By Owner listing or selling to a direct buyer, thus eliminating repair costs and commissions. The best way to decide how to sell is to compare the financial aspects and time commitment required for each selling method. Take a look at some basic comparisons below!
A Direct Sale
The first option for selling your Fort Wayne real estate is called a direct sale. A direct sale of your house will mean a lot less work for you, and a lot more money in your pocket. Working with Sky Line Properties LLC will eliminate most selling costs, save you valuable time, let you plan ahead, and help you keep more cash where you want it: in your bank account. No need to do upgrades, repairs, or cleaning. Don’t worry about having the home “showing ready” or having someone stage your furniture. We even handle all of the paperwork! We are also able to pay you for your house right away. A traditional sale can take months, whereas selling directly to Sky Line Properties LLC will take only a few days. We will work with your schedule to make the process as simple as possible for you.
Selling On Your Own
The second option for selling your Fort Wayne real estate is selling it yourself. Selling your house on your own will require some real effort! It is wise to have some real estate knowledge under your belt so you can understand all laws and be prepared for the negotiation process inspections, and the closing process. You should understand the local market, and be able to recognize a good offer. With a For Sale By Owner Listing, or a FSBO, you will need to handle all of the marketing on your own. This includes online listings, print materials, newspaper ads, open houses, and signage. You will also need to be able to answer questions and show the property to potential buyers as requested. If you do find a potential buyer, you will need to ensure all of the paperwork and contracts are handled correctly, which can sometimes mean contacting a professional real estate agent or attorney.
Hiring An Agent
The last option for selling your Fort Wayne real estate is to hire a real estate professional. Hiring a local Fort Wayne agent is a good choice for those who don’t mind some upfront costs, costs after the sale, and who don’t have a set time in which they need to sell by. When you hire an agent, you will likely need to do some work to the house so it is competitive with others on the market. The agent should walk through and give suggestions on the biggest selling aspects of your home. This can involve professional cleaning, staging, repairs, and/or upgrades. Once the house is listed, you will then need to make arrangements to leave the home once potential buyers and their agents want to view your home. It can make buyers feel uncomfortable if you are there, which could decrease chances for a sale. You will then need to wait to see if an offer comes in. This can be stressful, emotional, and take time. It could be days, weeks, months, or not at all before you receive an offer. If a buyer is found, you will have to go through the escrow process which involves inspections, appraisals, and any other red-tape from the lender. After an offer is accepted, it can be weeks, sometimes longer, before the property actually closes.
At Sky Line Properties LLC, we want to help you make the decision that is in your best interest. Whether you decide to sell directly, on your own, or with an agent, make sure to fully explore all your options before choosing how to sell your Fort Wayne home. Have questions? Give us a call. If selling directly isn’t right for you, we can help you decide what is best for you!