How To Sell Your House For A Fraction Of The Cost in Wilmington

Sell Your House For AThere are many ways you can save money when you are looking to sell your house in Wilmington. In our latest post, we explore how you can cut costs on the sale of your home or investment property. 

Selling a home in the Wilmington area can be expensive. While some properties perform very well on the MLS, with little cost, others require much more work. Below are some great ways you can save money when selling your Wilmington area property.

Work With A Direct Buyer

Working with a direct buyer will help you avoid all costs you would typically encounter when selling your house with an agent. By avoiding the MLS, you save on all kind of expenses typically associated with a property listing. Of course, not all buyers are the same, but if you choose to work with a buyer such as Homebuyers of NC, you will be able to avoid commissions, repairs, and even closing costs. We won’t ask you to clean up or show the house. There are no marketing costs to factor in or other selling expenses to worry about. Plus, by selling quickly, you will no longer have to pay ownership and maintenance costs such as the monthly utilities, property taxes or homeowners insurance.

Sell Your House On Your Own

Selling the house on your own via an FSBO listing can help you avoid the commission costs you would typically pay an agent. To sell your house as a “for sale by owner” property, it is important to have some real estate knowledge under your belt. You should know the local market, have a realistic asking price, and be able to professionally show the house as needed. It can require many hours of work, and typically FSBO’s take longer to sell than working with an agent or selling via a direct sale to a professional buyer.

Clean Thoroughly

Should you decide to list, the house should be thoroughly cleaned. You will want to go beyond just a standard cleaning, taking it to the next level cleaning things such as the ceiling fans, the tops of cabinets, and stains from the carpets. Many people choose to hire a team of professionals for a true deep cleaning of the home. Keep in mind that when you list, you will need to keep the house in this clean state for as long as the property is on the market.

Choose The Right Repairs And Upgrades

When making repairs and upgrades to a house you wish to sell, it is important to choose the right ones. You don’t want to make large renovations or repairs that are going to break the bank. Instead, focus on smaller things and projects you can quickly handle on your own. Two great areas to focus on are the front yard and the entryway. These two areas provide first impressions and set the tone for the rest of the showing. You are looking for things you can do for a low cost that provide a big impact. You will want to stay away from knocking down walls or doing a kitchen renovation.

Sell Your House In “As-Is” Condition

When you choose to sell your house in “as-is” condition, you will avoid any repair costs that come up when selling the house. Homebuyers of NC will buy your house as-is, or you could choose to advertise it in a listing as such. The trouble is, you may not be getting it in front of the right buyers should you put it on the MLS. Most people looking on the MLS want a house that they can immediately move-in to.

Know Your Buyers And Market Accordingly

When you know who is buying in the area, it makes it easier to market to them. Families are looking for different things than college students are. Empty nesters might be wanting something slightly different than young, singles. Take a look at the demographics of buyers and renters in the area and market your Wilmington house accordingly. By attracting the right people to your house, you will have a much easier time selling it.

Utilize Free And Low-Cost Marketing

While many listing sites charge an arm and a leg, you can use social media sites to advertise your property for free or for a very small charge. People are visiting these sites anyway, so right away you are getting the house in front of many people without even trying. You could advertise your property for sale on Facebook and in local real estate groups. Or you could use great photography, advertising the property on Instagram with the proper hashtags. Some people will create videos to share on youtube or other social sites.

Do want to learn more about how to save money and sell your house for a fraction of the cost in Wilmington? We are here to help! Contact us today to learn more! (910) 218-8138

Jerry Stevens

Jerry has been involved in real estate for over 10 years. He graduated High School and enlisted in the Army, where he excelled in the Elite Army Rangers. Unfortunately, he sustained a major injury during a training exercise and was honorably / medically discharged after 4 years of service. He decided to attend Appalachian State University for both his undergrad and grad school with emphasis on Systems Engineering and Virtual technologies. He went on to work for multiple fortune 100 companies as an Engineer. Jerry stumbled into real estate investing with his father after deciding to fix up an old house down the street from his childhood home. After that house Jerry never looked back. Since then Jerry has helped hundreds of homeowners in selling, buying, and renting properties. Jerry has a GREAT team that works day in and day out to help homeowners sell their properties to local investors like himself. Contact Jerry info@homebuyers-nc.com

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