Are you trying to sell your home to leverage the uptick in housing prices? It can be challenging, but not impossible. Although this year’s season has yet to see the usual spring peak in home sales, it’s not because of a lack of interest but rather a limited supply.
The residential market prices in Baltimore County, Maryland, are rising in sharp contrast with other counties nationwide. In short, you can get a quick and sweet real estate deal if you are keen on selling your property.
Read on to learn how to sell your home quickly in a competitive market and seize the increase in residential market value.
Find the Right Real Estate Expert
A professional real estate broker or investor can make a huge difference when it comes to selling your home in a tight market. A real estate expert has the experience, knowledge, and skills to help you navigate through the entire process smoothly.
Price It Right
Before putting your home on the market, you need to have down-to-earth value expectations. Prices have indeed risen in some areas of the US housing market, including Baltimore County. However, this uptick doesn't mean that you can overprice your property and still expect it to sell quickly.
A recent report shows that homes that are overpriced stay on the market longer and ultimately sell for less.
How do you know you have priced your home correctly? One effective way is to look at comparable homes that have recently sold in your area. Your real estate agent can help you with this task, as they have access to the MLS (Multiple Listing Service) database and can pull up data on recent sales.
Quick Cash, No Hassle
If you’re ready to sell your home, you want to sell it fast. One option to consider is working with a wholesale real estate investor. Wholesale investors focus on purchasing properties quickly and efficiently. A real estate expert can benefit you with:
Speedy Sale
They can often close on a property within days or weeks, rather than the lengthy process of a traditional home sale.
Cash Offers
Wholesale investors typically make cash offers, which means you won't have to worry about bank approvals or other financing hurdles.
No Repairs or Cleaning Needed
Unlike a traditional home sale, investors will purchase properties in "as-is" condition. This means that you won't need to worry about making any repairs or cleaning your house before the sale.
Be Prepared to Negotiate
While you want the best price for your property, buyers may be searching for the best deal. You can sweeten the pot by offering some financial incentives, such as:
● Covering all closing costs.
● Accommodating move-out/move-in schedules with the buyer's preference.
● Consenting to all inspections.
● Agreeing to pay for known items of concern to a buyer.
If you are looking for a quick sale of your home to seize on the increase in residential market value, Lone Pine Investments can help you get a good price for your property quickly. We will be honest and transparent about the value of your home, making your experience stress-free. Contact us today and tell us about your property goals, or send us a text at 443-623-4066.