You may have found the home of your dreams… but you need to sell your existing one first. When you are driving around your California neighborhood, you might see signs that say, “We buy houses.” Is that the fastest way to sell you house?
This is one option, but it is a good idea to thoroughly review your options first before doing that.
Sell the Home Yourself
You want to cut out any intermediaries, which could be more money in your pocket, since you won’t have to pay any fees. Doing this allows you to control the price and you can talk directly with any potential buyers. If you feel like you can handle this, then this would be an option.
The cons of this is that it takes a LOT of work on your part. You need to be VERY familiar with the real estate market and the laws. There is the very real risk that you might leave money on the table or make a very expensive mistake if you try to cut corners to speed things up.
Sell the Home Through A Realtor
Sometimes that fee is worth it. You’re bringing in someone who has sold homes before and knows how to value them compared to similar places. A really experienced one can know how to streamline the process to be as efficient as possible.
A drawback can be your having to invest time in looking for a realtor. A family member or a friend might have a recommendation… but you have to see if you click with him or her. That can take time away from selling your home.
Sell the Home To a Home-Buying Company
This can be a very fast option. They can send people over to look over the home and come up with an offer. Once both sides are satisfied, then you can make the sale.
One thing to be aware of with cash sales – you are not going to be getting physical money. The buyer will give you a cashier’s check or have the money wired electronically. Doing it this way will mean that you won’t have to wait for them to get financing, which can slow things down a good amount.
Thoroughly research all of the options before committing. Once you have done that, then you can move forward and sell your home fast. Then you can work on setting up your new abode.