Are you preparing to sell your house in Indianapolis? Before putting your property on the market, do your homework to discover the various ways you can sell it. In our latest post, we explore your choices and outline the straightforward steps to sell your house fast in Indianapolis.
Best Ways to Sell Your House in Indianapolis
When the time comes to sell your house in Indianapolis, you have two primary options. The first and simplest way is to sell your house directly to a Indianapolis cash home buyer, while the second entails hiring an agent to manage the listing and selling process for you. Each approach has its advantages and disadvantages. What might be suitable for one house may not be the best fit for another. Consider the implications of each method before deciding how to sell your house in Indianapolis!
Selling Your House Directly:
Get An Offer
Every Indianapolis cash home buyer operates somewhat differently. Opting for a direct sale to 317 Home Buyers ensures a simple and speedy process. Share details about the property you intend to sell, and we’ll assess it before presenting an offer. The decision to sell to us is entirely yours, with no obligation or pressure involved.
Sell Your House
If you agree to the offer, we can complete the closing process in just a few days. We cover the closing costs and handle any necessary repairs and cleaning. Our goal is to make the direct sale of your house not only lucrative for you but also as simple and stress-free as possible. You have the flexibility to choose the sale date, allowing you to prepare and plan ahead, which isn’t always possible when you sell your house with a traditional listing or even if you sell your house to another Indianapolis cash home buyer.
Selling With An Agent:
Price It To Sell
A common error that many home sellers make is setting the initial house price too high even though their agent may be advising them to list at a lower price. Lowering the price multiple times can create a negative impression for potential buyers. Since the pricing history is public information, frequent reductions may lead buyers to believe there’s an issue with the house. It’s essential not to spend time on an overly high price. While you might consider it worth trying, in reality, it doesn’t present a positive image to buyers. Many buyers have already researched and will find an inflated price unappealing.
Find An Agent You Can Trust
Finding an agent you trust and connect with can be challenging. Remember, when you sign a listing agreement to sell your house, you commit to the agent for a specific period, usually 3-6 months. Throughout this period, regardless of how the house sells, they are entitled to their commission. Before deciding, interview several agents and talk to past clients to gather opinions on how the agent managed previous sales.
Prep the House for Listing
Prepare your property before listing by addressing necessary repairs. Fix any cosmetic issues and those likely to arise during a home inspection. Addressing these concerns in advance can save you trouble when potential buyers inspect and negotiate the home’s price. Additionally, take this opportunity to enhance your landscaping and boost curb appeal.
Market and Prepare To Show The House
After preparing your home, the next step is to market it effectively for showings. Ensure the house is impeccably clean, either by thoroughly cleaning it yourself or hiring professionals for a significant impact. Remove personal items and declutter to present a spacious and inviting atmosphere. Consider adding attractive staging elements like fresh flowers or a colorful fruit bowl. Make the space not only welcoming but also ready for appealing photographs. Opt for marketing channels that your potential buyers are likely to explore, selecting popular websites and publications to showcase and ultimately sell your house.
Find A Buyer
Finding a qualified buyer for your house is actually harder than it appears to be on the surface. Ideally, effective marketing will ensure your house is visible, attracting substantial interest. However, it might require numerous property showings and several months of patience before receiving an acceptable offer. If you remain patient, this waiting period can be rewarding if you eventually receive an offer that meets your expectations!
Negotiations for Inspection and Appraisal Issues
After a buyer submits an offer, they typically arrange for a home inspection. Many offers include contingency clauses, providing an opportunity for negotiation if significant repairs are needed or if the appraisal comes back low. If agreements can’t be reached regarding discrepancies that were identified by the buyer’s home inspector or if the house doesn’t appraise at the sales price, the entire deal might collapse, putting you back at the starting point.
Tick tock…tick tock…When do we close???
When your buyer is purchasing your property using a traditional bank mortgage, be prepared for a waiting period of several weeks until the property officially closes. During this time, you’ll continue to be responsible for the ongoing expenses such as taxes, utilities, and insurance on the home as well as maintaining it in the condition that it was when the buyer first made their offer to purchase.
As you can see, it is FAR simpler to sell your house to a Indianapolis cash home buyer than to list it on the market! Find out if it is right for you before signing a listing agreement!