It’s important to be prepared if you are thinking about selling your house in Phoenix. Ask yourself these questions before selling your property to ensure you are making the right decision about how to sell!
How Much Will The Repairs Cost?
When selling a house in Phoenix, you will inevitably have some repairs to make. Whether it is only small things like patching holes or larger repairs like refinishing your flooring, the repair costs will add up faster than you may be prepared for. Repairs can often snowball, with one repair leading to another, and another, and so on. If you decide to list, making the needed repairs is important so that your house appears in the best light to buyers. If there are a number of small repairs left undone, your potential buyers may question what else is wrong with the house. With a direct sale to Cowley Home Buyers, you won’t have to make any repairs. We buy as-is, saving you both time and money.
Can You Afford To Wait?
Owning a house costs money. Maintenance, repairs, utility bills, homeowners insurance, and property taxes can add up to a pretty penny, and that’s not even factoring in your mortgage costs if you have one. The longer you hold on to your unwanted property, the more it is costing you. Ask any real estate investor, and they will tell you that once you make the decision to sell, you’ll want to move quickly.
What Is The True Value of Your Home?
Many people have an uninformed number in their heads about what their house is actually worth. Maybe they will view a recent sale of a similar house and assume that their house will easily sell for the same price. This isn’t always the case. Factors like repair work, demand for housing, and fluctuating interest rates can all have an effect on what your property is really worth. At Cowley Home Buyers, we can help you get an accurate number so you can determine the best way to sell your house in Phoenix.
Do You Know About All The Costs You Will Incur Selling A House In Phoenix?
In addition to the repairs and holding costs, home sellers face a number of other costs when working with a real estate agent in Phoenix. In many cases, homeowners will find themselves paying for additional marketing, staging, professional cleaning, and landscaping services. When a house doesn’t sell on the MLS right away, homeowners will often spend money on the property to make it more appealing to potential buyers.
Should You List, FSBO, or Sell Directly?
Once you know what your house is really worth, you can factor in your repair costs, holding costs, commissions, and all the other costs associated with selling a house in Phoenix. This is how you can determine if a direct sale to [compnay], a traditional listing, or an FSBO listing will be right for you. Every property and situation are a little different, which is why it is always important to consider your options before deciding how to sell!
When it comes down to it, it’s important to be as informed as possible when deciding to sell your house in Phoenix. At Cowley Home Buyers, we want to make sure that you understand all of the details and costs that are involved with the sale of your home. By having the information you need, options to consider, and a team by your side you can trust, selling your house in Phoenix can be a profitable and stress-free process! Get an offer from our team today to find out what selling directly will mean for you and your house in Phoenix!
Preparation
Before putting your house out there for potential buyers to see, you’ll want to make sure it is being presented in the best light. In order to get your home in the best shape possible, you’ll likely have to roll up your sleeves and get dirty or bring in the help of a few professionals.
Cleaning
The house should be cleaned from top to bottom. Floors, cabinets, mirrors, walls, and everything in between. You may enlist the help of a professional when it comes to the carpets or maybe power washing your patio.
Staging
Many people will choose to stage the home in order to appeal to the most buyers possible. You can choose to add a few pieces yourself or hire a pro to come in and set things up. Some people will focus on only a few areas instead of trying to stage the whole house.
Storage
If you are going to stage your home with new or borrowed items, you’ll need a place for your stuff. To clear out some of the clutter, you might consider renting storage to house all of your unnecessary items while your house is on the market.
Repairs
Before listing the property, you’ll want to make any necessary repairs. Seeing even one or two things broken can leave a bad impression on your potential buyers. They might wonder what else is wrong with the house. You may face more repair costs once the inspection has been done in order to satisfy the buyer and their lender.
Marketing
There are all kinds of things that go into successfully marketing your Phoenix home for sale. You’ll need to take a look at the many marketing avenues available to you, then choose which methods will be the most cost-effective for you. You don’t want to find that you spend so much on marketing, that you completely negate your savings of avoiding commission.
Signage
To get the attention of people driving by and to let potential buyers know they have found the right house, you’ll need to add some signage out front. You’ll want to choose something eye-catching, yet not obnoxious.
Printed Materials
You’ll use printed materials during open houses, for people who come to see the home and to be left out front so people passing by can quickly access the property’s information. You can also choose to leave some flyers with local businesses or to put up on school or community billboards. This kind of advertising still works!
Photography
We’ve all seen those listing where the photos were taken with a cell phone, maybe out of a car window. These aren’t going to cut it if you want your home to stand out. The use of a professional photographer can help you sell your house faster!
Open House Supplies
Throwing an open house is like throwing a party for your house. You’ll want to have some snacks and some beverages available for your guests. You’ll also have to deal with the clean-up after, although your average open house is a bit tamer than those parties you remember from college.
Online Advertisements & Premium Listings
There are a number of sites out there you will want to list your home on. Many of the sites require a fee to place your ad. Some are free, however, your listing will drop to the bottom of the list as others are added. To keep your property at the top of the list, you’ll need to shell out for those premium listings.
Your Time
Your time has incredible value. When selling your home on your own, you’ll be spending a good amount of time advertising the property, answering questions about the property and neighborhood, showing the house when people want to see it, and managing the escrow process once a buyer has been found.
Holding Costs
In addition to the costs of your time mentioned above, you’ll have even more costs that are dependant on how long the process ends up taking. Utility costs, homeowners insurance, tax liability, a mortgage, landscaping, and other regular maintenance will all add up faster than you may think. If the property takes several months to sell, you could be looking at thousands of dollars in costs related to the property you are trying to sell.
The Risks
When selling your property on your own, there are some risks to be aware of. Not having things done legally, not selling for what the home is worth, and not having any guarantees can be huge risks when you take matters into your own hands.
Your Options
Aside from selling on your own, you could choose to hire an agent to help. However, just like an FSBO listing, there are no guarantees with an agent either. Your other option is to avoid all the costs altogether, and sell your property to Cowley Home Buyers ! We always pay fair prices, while handling all of the details! Learn more about how we can help!