Selling your house quickly in Dearborn Heights used to leave you with one of two options. If the market was strong, you could price it right and hope a qualified seller came along right away. If the market wasn’t great, you could underprice your home and hope that someone would snap up a bargain. One option relies on everything falling into place swiftly, while the other guarantees you will not receive the fair market value of your home.
Now, there is a third way. You can sell your house fast to companies that buy houses, also known as instant offer companies or iBuyers. You will save time without sacrificing your home’s value. The fees associated with instant offer companies are comparable to that of using a real estate agent to sell your home, but with much less hassle. The entire process is completed within a matter of days, and you can go on to the next stage of your life.
The New Wave of Home Selling
If you’ve ever sold a house before, you know the typical drill. The house must stay spotless all of the time because you never know when a real estate agent will call to bring a potential buyer for a viewing. Depending on your circumstances, that could mean getting your young children or pets out of the way while the buyers take the tour. Even if there are no kids or animals involved, it’s still a stressful situation.
If you’re in the market for another home, it is likely you cannot purchase a new dwelling until your old house sells. In a robust market, that’s a disadvantage, as many sellers do not want to deal with these contingencies. A buyer coming along with a cash offer or without the need to unload their present abode has a huge advantage.
When you work with an instant offer company, you don’t need to deal with last-minute house tours, open houses, or any of the other distractions that are part and parcel of traditional home sales. You also don’t have to worry about contingencies in your next sales contract about selling your current home first.
How It Works
An instant offer real estate company is just what the name implies. After a one-time tour of the house, you receive a cash offer on the house. In a best-case scenario, the closing can take place as early as three days later. Even if the actual closing takes a bit longer, it is still a very quick sale.
A home inspection is necessary, during which time the professional inspector will list any needed repairs. As long as the repairs are relatively minor, it should not affect the instant offer process. However, if major repairs are necessary, your home may not prove a good candidate for instant offers.
Some of the better-known iBuyer companies include Zillow, Offerpad and Opendoor, all trusted home buying websites. These companies do minor repairs and refurbishing on the homes they buy, then put them back on the market for resale within a matter of weeks.
Convenience and Control
There is arguably no more convenient way to sell your house fast than via an instant offer company. Instant offers, however, offers more than convenience, although that is a prime selling point. The home seller also maintains a degree of control over the process. Working parents with kids and a hectic schedule are already engaged in a delicate work/life balance – they don’t need anything that makes that balance harder.
For example, you want to make sure your house is sold and you have moved into your new home before school starts. If you went the standard home sales route, depending on the market, your kids might start a new school year in September with their new classmates. On the other hand, if you cannot sell your home quickly, they could end up moving in the middle of a school year, when the adjustment is much greater.
Then there is the time savings. Rather than spend months sprucing up a house for a possible sale, making needed small repairs, engaging a real estate agent, and then putting up with open houses and the rest, accepting an instant offer means none of those time-consuming activities are necessary. Once you sell your house to an instant offer company, you have a guaranteed price and timeline.
Sell Your House Fast
What are you waiting for? If you want to sell your house the fastest way possible, the path is clear. By accepting an instant real estate offer, you have an immediate contract on your Dearborn Heights residence. Find out more by contacting us today.