Selling your investment property doesn’t have to be expensive or time-consuming. If your investment property is costing you in repairs or frequent tenant turnover, it might be time to consider selling it! How to save money when selling your investment property in Weatherford? For many people, the thought of selling their investment property can seem like a lot of work accompanied by a long list of expenses. Learn more about your selling options in our latest post!
Listing a Weatherford house isn’t always the best way to sell it. From repairs to agent commissions to the cost of waiting, selling with an agent can get expensive quickly. Before you decide to sell this way, take a look at the numbers to make sure it makes sense for you. There are many ways for you can go when selling your investment property, and each of these will have a different impact on you both financially and mentally! Below, we will outline some of your selling options so you can get the best price possible in the least amount of time.
How To Save Money When Selling Your Investment Property in Weatherford
Sell Your House On Your Own
By selling on your own, you will avoid the agent’s commission. However, you will still need to pay for marketing and closing costs on your own. You will likely find you are spending several hours per week screening calls, answering calls and scheduling property showings when selling your investment property. You will need to pay for repairs, listings and the continued maintenance of the house for as long as you own it. According to statistics, selling on your own will take more time than if you chose to list with an agent, meaning your monthly costs of ownership will add up fast. Selling the house will save you the agent’s commission, but that’s about it. Everything else from the marketing to the contracts to the negotiations is on you.
Sell To A Professional
There are many benefits to working with a professional home buyer such as Tim The House Buyer. You will be able to sell quickly, allowing you to move on and end your responsibility for the home. You will not need to continue paying for the maintenance of the property. You can say goodbye to the taxes, utility bills, homeowners insurance, and other costs of ownership. You will not need to spend a dime on repair costs or having the house professionally cleaned. The convenience factor will allow you to sell quickly, being able to use the proceeds from the sale on another investment. Many investors choose to sell their properties to other investors as they both know exactly what the property’s value is. There is no-nonsense, just a straightforward and mutually beneficial sale.
When you sell to a direct buyer such as Tim The House Buyer, you will know exactly what you are getting and on what day. There are no lenders or red-tape. We are able to pay you in days, not weeks or months. By selling directly, you will not have to live in limbo. You will be able to move on with your life quickly and easily.
If You Do List…
Don’t Bother Upgrading
Is there another property that would better meet your needs financially? In the world of investing, they call this “Opportunity Cost.” What property are you potentially missing out on because your money is tied up in a different one? Take a look at what’s out there. Is there a better place you could be investing your money?
If you decide to list it, you can save money by only fixing up what is absolutely necessary. If the house needs upgrades or looks outdated, leave it up to the new owners. You can offer a credit for the upgrade or other incentives to encourage people to give your property a chance. In fact, many buyers will appreciate having the opportunity to fix things up according to their taste. Imagine, if you spent a ton of money on a kitchen, and finding out that something you picked out is actually what drove a buyer away. Everyone has different tastes, and allowing the prospective buyers to incorporate theirs can actually help you with a sale.
Price It Right
If you decide to list your Weatherford property, make sure it is priced right. Many people will overprice their homes because they do not know the actual value. Agents will even hype up the price in order to get you to sell. If it isn’t priced right, it will sit on the market, gradually losing its appeal to potential buyers. Many buyers will think that if a house sits on the market for too long, there is likely a reason why. Learn the real value of your home before trying to sell it. This way you can gauge your expectations, and avoid being disappointed if you receive offers you perceive to be low. Our team can help you determine the real value of the property and make you an offer for it right away.
We here at TMC Property Solutions offer cash for houses in Weatherford and the surrounding area. We’re local houses buyers helping local homeowners sell their house quickly since the year 2000 with no closing costs, no commissions, no hassles.
We do a variety of things with our homes from holding them as rental homes ourselves to remodeling them and flipping them for someone else who would love to live there and enjoy the home themselves, and some we wholesale to other investors to fix-n-flip.
If your Weatherford house qualifies, we can you make you a quick and fair cash offer, then you decide if this new way to sell your home works for you or not, so reach out to us today.
Interested in selling your investment property in Weatherford? We can help! Contact our team today! (817) 550-5069 Opt# 5
TMC Property Solutions is an accredited business and A+ rated members of the Fort Worth BBB and has been offering home seller solutions all across Dallas Fort Worth since the year 2000.
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