Are you ready to sell your house in Baltimore? Before you spend money making repairs and guessing what buyers want to see in your finishes, taking the time to clean it up and out, or signing a listing agreement binding you to an agent for an extended period of time, you may want to learn more about your other options. Continue reading below to see how selling your house directly, as-is to a professional buyer will benefit you!
Selling a house fast in Baltimore, as-is has many benefits for the right people. There are many reasons why someone would want to sell a house in Baltimore as-is. These people might be worried about pending foreclosure, they might be going through a divorce, tired of bad tenants trashing the house or not paying rent, or they don’t want to make the repairs necessary to sell the house on the Baltimore area MLS. Selling the house as-is makes things easier but it’s possible selling it direct to a cash buyer may not net you the price you are initially after.
With our tips below, you will be able to sell your house fast as-is, so you can quickly and easily move on with your life.
1. Demonstrate the Potential
When selling your house fast as-is in Baltimore, it’s important to demonstrate to your potential buyers what the house can be with a little bit of love. With a little love and some elbow grease, the property could become the house they have always dreamed of, so it is up to you to show that potential to them! There are some pretty cool online tools available to assist you! You can even use a simulation program to design new finishes and repairs, and even to stage it so you can give your buyers an idea of what it could look like after they put in a little work. Neat, right?
If your house does indeed require a lot of renovation, repairs, and upgrades the chances are pretty good that a lot of potential buyers will look at it once and walk away. But don’t let that totally discourage you. Most of the buyers who will be turned off by the property are going to be retail buyers who typically work with a realtor to tour homes listed on the MLS.
However, it is still possible to sell your house fast as-is in Baltimore. While the MLS may not always be the right place for a house that needs work, there is a direct buyer out there who is ready to purchase your house as-is in Baltimore!
2. Always Stay Positive
When trying to find a buyer for your house in Baltimore, and you want to sell your house fast as-is, you’ll want to highlight all of the great things the property offers.
For example….
- Is the house in a great location?
- Have you made any upgrades to the systems (HVAC/roof/windows)? Most buyers won’t even notice those things, so you need to make sure they know about it!
- Is the house in an area with great schools?
- What are some of the most charming features of the house that you love, that other people might not be able to see?
- Is it within walking distance to any local attractions (park/stream/shopping)? Buyers love conveniences
If your house isn’t the most aesthetically appealing house on the block, you need to make sure to bring your buyer’s attention to what makes the property so great. There must be a reason you lived in the house, right? Be sure to highlight all of the great things about the home so that is what they remember instead of the things that are wrong with it.
By highlighting the positive, your buyers will have less time to dwell on the negative aspects of the home. If they have some positive aspects to focus on, they won’t spend so much time thinking about all the work that is needed. That said, make sure any property defects are properly disclosed so you don’t have to worry about fraud with your potential buyers.
3. Adjust Your Asking Price
Unfortunately, when homeowners choose to list their homes on the MLS in Baltimore, in order to sell the house fast, they will likely need to eventually lower their prices if they have not priced it accordingly from the get go. There might be a lot of competition out there and in order to really get a buyer’s attention, you’ll want to price your house to sell fast. This is especially important if you don’t have a shiny, move-in ready house. If you have had the house on the market for a long time, this may be the best way to say goodbye to your unwanted house once and for all.
Just keep in mind that if you end up lowering the price, once you add in agent costs like “admin fees” and commissions, your repair costs, and other marketing costs, you may end up accepting a much lower final price than you initially had intended. You may want to sell your house directly to avoid having to also spend money on the sale itself. Keep in mind that a direct sale will help you sell your house fast as-is and walk away. You’ll never have to look back, and can generally get to the closing table in just a week or two.
4. Credit Your Buyer (MLS sales, only)
If the house you want to sell in Baltimore that requires a number of repairs, or renovations it may make sense to offer your buyers’ a “credit” they can use to make repairs or fix up the property as they see fit. From my experience, this actually ends up costing you the homeowner more money in the end than just fixing any issues yourself.
However, many buyers actually like this idea as they will be free to make the improvements to the property according to their personal styles and preferences. Of course, this will take away from what you ultimately receive at the closing table, but it can be a great way to attract more buyers to the property.
5. Sell Your House Direct to an Investor/Cash Buyer
The fastest and easiest way to sell your house in Baltimore is to sell your house to a direct cash buyer who is ready to purchase the property as-is. Working with an agent can cost a lot of money as can the repairs that are required can add up to a small fortune. But when you work with a company like Impact Home Team 410-824-1687, the process is quick, easy, and straightforward. We’ll let you know what we can offer without having to worry about a low-ball offer, red-tape, or obligation.