What I’ve learned in the last few years of buying houses in the Indianapolis area is that there are a few obstacles homeowners face that are fairly common when they’re ready to sell their house. Unfortunately, when navigating these obstacles you really need to be well informed and think through things very well because when you make the wrong choice, the cost can be very high. in this blog post I’ll cover five of the most common obstacles homeowners face when selling their houses in Indianapolis.
Right Price
Setting the right price for your home from the start is crucial. When it comes to determining the asking price, homeowners often struggle to find the right balance. What I find is that sentimental attachments – while completely understandable – can cloud judgment and lead to unrealistic valuations. In today’s rapidly evolving online real estate market, an incorrect price can deter potential buyers and result in your home lingering on the market. Furthermore, as listings age, prospective buyers become more wary. Modern tech-savvy buyers swiftly filter out older listings, opting for properties that are fresh and relevant because they presume that if your house hasn’t sold quickly then either there must be something wrong with it or you are difficult to work with. Failing to establish the correct price from the outset poses a significant obstacle for homeowners selling their houses in Indianapolis.
Deadlines
Punctuality can be a challenge for many, as evidenced by the existence of snooze buttons on every single modern alarm clock. When contemplating selling your property, deadlines pose a significant obstacle. Federal regulations, along with state and local laws, come into play during home sales, meaning that it’s not simply an aggravation you’re causing to someone if you miss a deadline but you actually could be putting the entire transaction at risk. The situation is easily exacerbated if you decide that you should sell your house For Sale By Owner; the multitude of documents involved in the process can overwhelm those unfamiliar with it and cause you to miss important deadlines. Ensuring the sale proceeds smoothly entails meeting the lender’s deadlines and closing requirements, placing a considerable burden on the seller’s shoulders.
Agents
Deciding to list your house for sale with a real estate agent means that you will incur financial costs. Apart from their commission, there can be various other fees associated with their services. Many homeowners agree to the high commissions and contractual requirements of agents due to their expertise in properly pricing homes and their familiarity with real estate transactions. Sellers often do so to avoid the stress of navigating the various documents and the risk of losing a sale. Unfortunately, in numerous instances, the agent becomes an expensive hurdle that homeowners encounter when selling their houses in Indianapolis.
Showings and Open Houses
Maintaining a pristine home, being prepared to vacate at any moment, and sacrificing weekends are all challenges homeowners encounter when selling their houses. This can be particularly taxing for those residing in the home, especially for older residents or families with small children. Inclement weather can also compound these problems. These demands and constant disruptions can strain even the strongest of relationships. I find that many people don’t give enough weight to the significance of showings and open houses, but these are some of the toughest obstacles homeowners face when selling their houses.
Prepping
Another of the obstacles homeowners face when selling their houses is the need to invest more money into the property. The last thing you want to do when selling your home is to spend more money on it, yet many sellers find themselves doing just that in order to attract buyers and stand out among other listings. Preparing the house for showings is essential, which could range from minor touch-up paint to major renovations depending on the property’s condition. Today’s buyers also expect homes to be staged for showings, with neutral tones creating a neutral and impersonal atmosphere. Staging helps buyers envision themselves living in the home, imagining their belongings in the space. If staging is skipped, sellers still need to remove as many personal belongings as possible. Depending on the amount of belongings, sellers may need to factor in storage costs when selling the home.
Why not hit the easy button? Let 317 Home Buyers handle the paperwork and guide you through the process of how we value your home, the price we provide is the amount you’ll receive, no commissions, fees, or repairs needed. With a guaranteed closing date, often in 30 days or less, you can just walk away without even cleaning the house! All the obstacles homeowners face when selling their houses in Indianapolis can be eliminated by selling directly to 317 Home Buyers. To learn more about us and what we are able to offer you, reach out to our team today! 317-623-4734