You may not know this but the real estate industry is currently one of the hottest topics in business today. Why? Because despite everything that’s happening around the world, homebuyer activity in the country remains very active. In fact, low inventory and high demand has caused the prices of properties to significantly soar since the beginning of the year.
Hearing this news may encourage many who have been considering to sell their homes for some time to finally push through with their plans, but Kim Coyle, the co-founder of leading real estate agency, Property Buyer Today, LLC, says, “Though this is definitely a good time to consider selling, don’t just do it out on a whim or because you need the money. As with any major deal, you need to think this through if you want to make sure that you’re getting the best deal out there.
She lists down three things that sellers need to keep in mind to take full advantage of current real estate trends.
1. Hire credible professionals to help you
It is not uncommon knowledge that many flippers and property investors try to outsmart those who are selling their houses either by offering prices that are way lower than market value or imposing payment terms that make it hard for sellers to collect their payment. To this, Kim Coyle says, “Do your research and ask for help. There are many consultants out there that are willing to go out of their way to make sure they get the job done right. And more often than not, they do.”
2. As much as possible, sell to someone who is willing to pay in cash
Selling a property can be very tricky, and if you’re not well versed with the laws, fees, and ways of the trade, there’s a big chance that you will end up on the losing end of the deal. One way to protect yourself from this is by choosing a buyer who is willing to pay in cash. “This says so much about a buyer, regardless if he’s a property investor or someone who just really sees the potential of your home and its location. People who are willing to pay in cash want to make things easy for everyone involved in the deal–including you. This is also very favorable for sellers given the current climate of the industry as property prices are very high now.”
3. Consider your next move
Never let an offer blur your vision. Always look back and ask yourself why you’re selling your property in the first place. The move needs to fit into your mid- and long-term goals. So always ask yourself, “What’s next after this?” Once you get the money, what are you doing with it? Where are you staying? Will your next home provide you with all the conveniences you currently have and need? Will you be able to afford it?
Property Buyer Today, LLC is a leading real estate consulting agency that services Philadelphia, Charlotte, and Tampa Bay. They’ve been buying and rehabbing homes for more than 20 years now and are known for offering homeowners an easy way to sell their houses fast. The company prides itself with the ability to provide clients with a simple selling process that leads to quick cash settlement. To know more about them, you may visit https://www.propertybuyertoday.com.
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