How do you get a house sold in Edmonton, Alberta? Stick a sign in the yard and wait for the phone to ring? That’s how many people think it works! Oh, if only it were that easy. Once you’ve sold a property on the MLS in the traditional manner, you will forever understand that the reality is another picture altogether.
Read ahead to discover five things that can go wrong when selling your house the traditional way in Edmonton.
It’s The Price
One of the most common gaffes when selling your house the traditional way in Edmonton is if the property listing isn’t priced right. The way to determine the fair market value of your home in Edmonton is to compare it to the most recently sold and nearest properties with similar features to yours. For many Edmonton homeowners, this is common knowledge.
However, sellers will often insist their homes are worth more because of the emotional ties they have to their homes. Edmonton real estate agents know that these sellers will eventually have to drop the price to get their home sold. It’s only later that these sellers learn their lesson about ‘true market value’ as the weeks begin to drag on.
In contrast to this approach, by using a direct sale to a company like Sunrise Home Buyers, your price is decided at the beginning, and the closing date is guaranteed; it can be in a matter of days or even delayed for weeks or months if the seller needs more time.
Your buyers may tie up your listing for weeks (hopefully not a month or two), only to have their financing fall through… and leave you right at the beginning of the process, searching for an Edmonton home buyer. Regardless of how it happens, a buyer backing out of a real estate deal is another way a sale can go sideways when selling your house the traditional way in Edmonton.
Again, remember that if you sell to an Edmonton house buyer like SUNRISE HOME BUYERS you’ll have a guaranteed closing date with the direct sale of your home. That’s because professional home buyers like Sunrise have cash backing their offer. PLUS, they are connected to a vast network of real estate investors who may also be interested in buying your home in Edmonton, Alberta as well.
BEWARE of all the hidden costs when selling your home. Some are more obvious than others but they range from repairs, renovations, cleaning, utilities, legal fees, continued mortgage payments and taxes.
Beware The Hidden Costs
It takes money to make money, and running out of funds is one of the most stressful things that could go wrong when selling your house the traditional way in Edmonton. When you add up all of the expenses to list in the traditional method, including the commissions, marketing, preparing, and repairing…listing on the market may not be the right choice for your situation.
Then there are intangible costs like your time and energy that often get pushed to the brink when selling your house. With a direct sale to a buyer like Sunrise Home Buyers, you won’t need to worry about prepping for showings or passing any property inspections. Sunrise Home Buyers buys houses in as-is condition and on the date of your choice.
The Costs of Holding On To Holding Costs
Having your Edmonton home listing linger on the market is a costly thing that can go wrong when selling your Edmonton house the ususal way. If time is of the essence and you are selling due to financial pressures and constraints, the unknown factor of a closing date with traditional listings means you must consider holding costs.
It can become overwhelming when the bills continue to eat away at your bottom line. Working with a professional property buyer like those at Sunrise Home Buyers will help you avoid this scenario because they will disclose all of the hidden costs involved with a traditional listing. That will allow you to make an apples to apples, bottom-line comparison between traditional Edmonton home buyers and those from the direct buyers such as Sunrise Home Buyers for yourself. Still not sure it can work for you? Please review our Edmonton home buyer reviews and testimonials page and see for yourself.
Sunrise Home Buyers
The pros at Sunrise Home Buyers know all too well about the things that can go wrong when selling your house the traditional way in Edmonton and they want to help you avoid them. A direct sale to Sunrise Home Buyers means you walk away from the closing table with cash in hand; what we offer is what you receive.
At Sunrise Home Buyers, there are no financing concerns, no inspections or repairs, no commissions or hidden fees to pay, no marketing or showings to worry about, and a closing date set around your schedule for convenience. With simple contracts and an easy process, why not find out how Sunrise Home Buyers can help you? Contact Sunrise Home Buyers at (587) 982-7576.