It’s important to be prepared if you are thinking about selling your house in Memphis. Ask yourself these questions before selling your property to ensure you are making the right decision about how to sell!
How Much Will The Repairs Cost?
When selling a house in Memphis, you will inevitably have some repairs to make. Whether it is only small things like patching holes or larger repairs like refinishing your flooring, the repair costs will add up faster than you may be prepared for. Repairs can often snowball, with one repair leading to another, and another, and so on. If you decide to list, making the needed repairs is important so that your house appears in the best light to buyers. If there are a number of small repairs left undone, your potential buyers may question what else is wrong with the house. With a direct sale to Restoration Properties, you won’t have to make any repairs. We buy as-is, saving you both time and money.
Can You Afford To Wait?
Owning a house costs money. Maintenance, repairs, utility bills, homeowners insurance, and property taxes can add up to a pretty penny, and that’s not even factoring in your mortgage costs if you have one. The longer you hold on to your unwanted property, the more it is costing you. Ask any real estate investor, and they will tell you that once you make the decision to sell, you’ll want to move quickly.
What Is The True Value of Your Home?
Many people have an uninformed number in their heads about what their house is actually worth. Maybe they will view a recent sale of a similar house and assume that their house will easily sell for the same price. This isn’t always the case. Factors like repair work, demand for housing, and fluctuating interest rates can all have an effect on what your property is really worth. At Restoration Properties, we can help you get an accurate number so you can determine the best way to sell your house in Memphis.
Do You Know About All The Costs You Will Incur Selling A House In Memphis?
In addition to the repairs and holding costs, home sellers face a number of other costs when working with a real estate agent in Memphis. In many cases, homeowners will find themselves paying for additional marketing, staging, professional cleaning, and landscaping services. When a house doesn’t sell on the MLS right away, homeowners will often spend money on the property to make it more appealing to potential buyers.
Should You List, FSBO, or Sell Directly?
Once you know what your house is really worth, you can factor in your repair costs, holding costs, commissions, and all the other costs associated with selling a house in Memphis. This is how you can determine if a direct sale to [compnay], a traditional listing, or an FSBO listing will be right for you. Every property and situation are a little different, which is why it is always important to consider your options before deciding how to sell!
When it comes down to it, it’s important to be as informed as possible when deciding to sell your house in Memphis. At Restoration Properties, we want to make sure that you understand all of the details and costs that are involved with the sale of your home. By having the information you need, options to consider, and a team by your side you can trust, selling your house in Memphis can be a profitable and stress-free process! Get an offer from our team today to find out what selling directly will mean for you and your house in Memphis!