Today, Vayna Jerabek of the VM Home Team provides us alternate options when it comes to Selling a House Off the Market!
So after helping many people sell their homes in the area from Pierce County to King and Snohomish, and receiving great reviews from past clients on this strategy in particular [show reviews that say the process was fast and easy] I’m going to share with you an option that most realtors won’t include in their presentation.
Here on the VM Home Team, we understand that sometimes life can throw unexpected challenges your way, and you may need to sell your house fast. Whether you're facing financial difficulties, going through a divorce, or just looking to downsize, we offer quick, off-market sales where we write you an offer (or pair you with a qualified investor) to purchase your home for cash, which gives you certainty in the sale of your home and minimizes the risk on your end of a buyer backing out due to contingencies or unforeseen circumstances. We are professional investors and if the cash offer option is for you, we do our best to make the selling process smooth and easy for you and your family.
So what does this process look like, and what are the benefits? In a normal on-market real estate transaction, you as a seller would need to prepare your home for sale which includes removing personal items, cleaning, possibly staging, then you would need to leave the home empty for photography, videos, open houses, and showings, all of which could happen with very little notice. Then you wait for your house to sit on the market, and finally review offers from traditional buyers who have traditional financing that comes with financing, inspection, and appraisal contingencies. For example let’s say you go through the process of listing, you choose a great offer and you go under contract on the way to closing, just to have the buyer exit the transaction a week before closing because they couldn’t get approved for financing, or something comes up at the inspection phase. Now you’re back on the market looking for another buyer, all the while subject to realtor fees, marketing costs, and closing costs, which usually add up to 8 or 9% of your sale price.
In a cash offer situation with us, we are purchasing your home in as-is condition off the market so there would be no listings, no showings, no open houses, no need to clean, declutter, or stage, and you have the peace of mind of dealing with a professional buyer who does this every day. Being all cash we have no financing contingencies, no inspection periods, and no appraisals to pass, and we buy houses in any condition, so our sellers don’t need to worry about making any repairs or renovations and you’re free to leave any personal property behind (which has been very helpful in the moving stage). Best of all there are no additional fees (we don’t take commissions and we cover closing costs) and we’re flexible to close on your timeline. We have closed on homes in as little as 7 days, so our sellers are able to move on with their lives and put their worries behind them. So the big benefits here are we can close fast, you have no obligation to make repairs or renovations, and there are no real estate commissions or closing costs.
The cash offer option really is not for everyone, and at the end of the day going on the market is usually where you’re going to get the best possible price for your house. But as local real estate professionals we see it as a huge advantage to be able to offer this to sellers who need an alternate solution that benefits their situation better. Examples of who this option might benefit, and those we help the most, are those facing financial difficulties (such as a job loss, medical bills, or other unexpected expenses), people who might be going through a divorce (which can be a difficult and stressful time, and the last thing you want is the long, arduous process of selling the house), those looking to downsize or move (selling for cash can help you to avoid the hassle of listing your property and waiting for a buyer), or maybe you own a property in need of repairs and don't want to spend the money or time to make them, OR and lastly, those who own an inherited or probate property and don’t want to deal with the hassle of listing the property and waiting for a buyer. Whatever your reason for selling is, if it’s private we don’t need to know, we’ll make you an offer and do our job to close on your timeline.
Selling a property for cash off the market might not be the best choice for everyone, but it can be a good option for those who have specific needs or circumstances so we like to make sure you as a home seller have the information and access to all options available to you.
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By: VM Home Team | WA Real Estate Title: How to Sell a House Off the Market | Sell Fast Seattle! Sourced From: www.youtube.com/watch?v=WODkMsiXX1s
