What options are available to homeowners who want to sell their home quickly in Indianapolis?
If you’re a homeowner and find yourself pondering, “How can I sell my house fast in Indianapolis?” this blog post serves as a brief guide to explore your various choices and determine the most suitable option for you.
The swiftness of selling your home depends on three key factors:
- The duration of time you’re willing to invest in selling your house.
- The amount of money you’re willing to invest in the selling process.
- The asking price you set for your house.
Option #1: What Is Your Timeline?
The initial consideration is: what length of time are you willing or able to invest into the process of selling your house? The conventional method involves listing through an agent, which typically takes 3 to 6 months (sometimes even longer, depending on market conditions). If you have ample time, no urgency and aren’t going to make frustrated calls to your real estate agent asking “why can’t you sell my house fast” this could be a suitable choice for you.
However, if you need a rapid house sale then you’ll likely find a lengthy waiting period undesirable. Often, people find themselves in situations where they just can’t wait 3 to 6 months (or more) to finish the sale of their house. This could be anything from a relocation for work, loss of a job, pending foreclosure, pending tax sale or any number of other instances. In such cases, there’s an alternative – skipping the agent and selling directly to a Indianapolis cash home buyer. Whereas the on-market sale of your house could take months, a reputable direct buyer can typically close the sale of your property in just a week or two.
Option #2: How Much Are You Willing To Spend?
Many people find this question surprising because they may not realize that selling a house involves spending money. If you choose the traditional route, there are two instances where expenses arise: first, before listing, when you invest in property renovations to prepare it for sale, staging for the house and then professional photos; and second, after the sale, when you pay a commission to your real estate agent, closing costs, fees, etc. These can result in spending THOUSANDS of dollars when you go to sell your house.
Not every homeowner is comfortable with the idea of investing so much money just to sell their house. If you’d rather keep more money in your pocket, there’s an alternative: you can sell your house directly to a Indianapolis cash home buyer like us at 317 Home Buyers. We purchase houses as-is and handle all closing costs (with no fees or commissions).
Option #3: Selling Price
Some homeowners believe that the market value of their house will be high, so they choose to wait and take a chance to see if a buyer will agree to that price. When a buyer eventually comes forward, they MIGHT propose more, the same, or less than the asking price.
However, not every homeowner is comfortable with the “unknown” aspect of this gamble. They don’t want to wait for months, uncertain if someone will offer what they’re asking. They adhere to the saying, “a bird in the hand is worth two in the bush,” meaning they’d prefer to work with a home buyer – even if the offer is slightly less than the market price – to know EXACTLY how much they can get for their house right now.
If you’re a homeowner and you’re thinking, “What are my options to sell my house fast in Indianapolis?” then it ultimately boils down to these three factors that determine whether you’re willing to list or sell your house right away to a Indianapolis cash home buyer.