If you are thinking, “What Are My Options To Sell My House Fast In Edmonton, Alberta?”, this helpful blog post will explain the key elements of that process.
Homeowners in Edmonton who want to sell their home quickly need to know what their options are…
If you own a property and you’re thinking to yourself, “how can I sell my house fast in Edmonton,” this article will serve as speedy tutorial on the options available to you, and help you determine which option may be best for you.
There are three primary factors to consider when speed of sale is your main goal:
1. The time you are willing to spend to sell your house
2. The amount you are willing to spend to sell your house
3. The amount you are asking for your house
The first factor is how long you are willing to spend to secure a sale of your property. Most home sellers plan to sell their home the traditional way; listing with a real estate agent. This method typically takes 2 to 4 months (sometimes even longer, depending on market conditions and your motivation to sell). This may be a solid option for you if you have plenty of time and aren’t in a hurry to sell your Edmonton house quickly.
However, not many Edmonton house sellers want to take their time! Typically people list their residence for sale because they need to move soon and don’t have 3 to 6 months (or even longer) to wait for their sale to finalize. What to do in that case? Well, there is another way to go, and that is to skip the agent and sell directly to a qualified and experienced home buyer.
This questions shocks many people because they fail to realize that they have to spend money to sell their house fast the traditional way. This will happen at two points in time. First off, before a house seller lists their property and needs to renovate their Edmonton home to prepare it for that fast sale.The other instance is after you sell. this is when you pay your real estate agent a commission for selling your property fast (hopefully!). Unfortunately, both of the instances can cost THOUSANDS of dollars!
But not all homeowners are comfortable SPENDING so much money just to SELL their Edmonton house fast. So if you’re a house seller who needs to keep more of the sale proceeds, you have another option! You can sell your house direct to a local house buyer like SUNRISE HOME BUYERS. Why? Because we buy houses in Edmonton in as-is condition, on the date of your choice AND we take care of all the costs (No additional fees or commissions!).
Your Selling Price
Some Edmonton homeowners believe that the price for their home will be on the higher end, so they are willing to wait and potentially ‘gamble’ on finding a buyer that will pay top dollar. But when a buyer is expresses interest to purchase, There is no guarantee they will pay that high price you are seeking.
I’ve been there myself and I won’t do it again. And not all homeowners like the “unknown” of this riskier strategy either. They are not interested in waiting months for that hoped-for high-priced offer. People like this think, “a bird in the hand is worth two in the bush”. Translation – they’d rather work with a potential house buyer – even one who would bid slightly less than the going rate – to ensure they get a fair and fast sale of their Edmonton house.
And truth be told, the LONGER a home seller holds out for top price, the LESS likely they will get it! Houses get less enticing to home buyers the longer they are sitting on the open market. Why? Because people start to assume a home STILL on the market after a long period has something wrong with it and no one wants to be the bag holder!
If you’re a local homeowner and you’re wondering, “Will I be able to sell my house fast in Edmonton?”, it boils down to the 3 factors mentioned above. Your Price, budget and timeline will determine if you’ll be able to list and sell your home right away!
Are you interested in more tips on how you might sell your house fast in Edmonton? Then please read one of our other posts, How To Sell Your Home Quickly In Edmonton And Other Parts Of Alberta or Reasons Why It’s Better To Sell Your House In Edmonton Directly vs. Hiring A Real Estate Agent. The insights revealed will be worth your time!