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We Analyze The 3 Ways To Sell Your Home In Salt Lake City
If you own a home and are thinking about selling to home buyers in Salt Lake City, you have a number of selling options available to you. In this article, we’ll analyse 3 ways to sell so that it will help you to determine which way is best for you and your situation.
For most people, owning a home is the largest purchase of their lives. For most people it’s no surprise that the process of buying a house or selling a property can be more difficult and a extremely complex ordeal.
Over the years, three home-selling options have developed to allow homeowners like you to sell to home buyers in Salt Lake City. When you decide to sell your home, deciding which way to sell for your situation, goals and your timeline will all play a role when it comes to selling.
Home-Selling Method #1: Sell Through A Real Estate Professional
This is the traditional way to sell your home, so it’s also the most common. In this type of home-selling method, the seller chooses a real estate agent who will list the house on the MLS or multiple listing service.
The agent acts as a “middleman,” showing prospective home buyers in Salt Lake City through your house until one of those buyers decides to buy. They’ll make an offer with the listing agent, the agent will negotiate on your behalf, and then you’ll close. This all depends on if the buyer has an agent too.
The timeline on this selling method can take months (the average is 3-6 months). Sellers who decide this method prefer to take a chance on the timeline to do the work (the agent does this type of work) and with the hopes of selling at the market price. However, sellers who use this method will often need to spend money up-front to repair their house first, and then spend money after the sale on agent fees and commissions.
Home-Selling Method #2: Sell On Your Own
This 2nd method of selling has grown up in response to a desire to save money on agent commissions. The process is very similar to the first one except it’s done by the homeowner themselves, and not by an agent.
The homeowner or seller lists their house by owner, shows it to potential buyers, negotiates with the buyer, and closes the deal.
There are many things that are similar – the timeline is usually the same and the homeowner will still have to pay up-front for repairs on their house to make it sell-able. Sellers who decide to go with this method usually don’t mind all of the extra work involved in showing their house and know how to draw up the paperwork; they usually choose this method to save money on commissions.
Home-Selling Method #3: Sell Direct To Cash Home Buyer In Salt Lake City
This 3rd method of selling is gaining popularity in the masses as sellers look for a quick and easy way to sell. This type of process is very different – it’s also faster, easier, and doesn’t cost the homeowner anything (so it’s not surprising that this method is gaining popularity).
Rather than listing and showing the house or negotiating, the homeowner simply sells their house direct to a professional home buyers in Salt Lake City with cash and who is ready to buy the house as-is right now.
It’s quicker– the investor has cash on hand and is ready to buy and close when the seller is; it’s easier on the seller too – there is no expense or effort to repair the house before it’s sold; and it doesn’t cost the homeowner anything – professional home buyers (like what we do here at YourPriceMyTerms.com) usually pay all closing costs and fees.