As a real estate investor, you understand that you must also plan your exit strategy. There’s a time to buy and a time to sell. When it’s time to sell an investment property, it is understandable that most investors want to avoid paying a real estate agent a considerable chunk of your profits in commissions.
Here is what you need to know to sell your investment property without a real estate agent.
Prepping and Repairs
A fresh coat of paint inside and out, along with some strategic landscaping, will help make the property more appealing to buyers. In addition, it may be worth updating the flooring, cabinetry, and appliances to appeal to the typical buyer who is seeking a ready-to-move-in property. One of the most significant issues investors face is selling your investment property with electrical systems or structural integrity issues. It may be best to sell as-is; however, you should be aware that typically these properties take much longer to sell. You also risk legal ramifications for disclosure laws long after closing, even if you didn’t know there was a problem. By choosing the alternative of to selling as-is directly to Provision Homes, LLC, you’ll save valuable time and get an offer that you’ll agree is fair for the investment property, with no commissions coming off the top at closing.
Staging and Showings
The statics say that hiring a professional stager decreases listing days on the market and can even sometimes get a higher offer for the property. Staging highlights the best aspects of the property while allowing buyers to imagine themselves occupying the space. You can do this yourself if you want to but it takes time and money to pull it off correctly.. But, by selling directly to Provision Homes, LLC, you can save the time and money you’d invest for staging and avoid the hassles of showings.
Pricing
There may be no more important decision than setting the right price when you sell your investment property without a real estate agent. Set the price too high, and today’s tech-savvy buyers will scroll past the listing, too low, and they may fear there is a problem that hasn’t been mentioned in the listing and avoid the potential trouble. On the other hand, if you’ve got the price wrong, a great deal of time can pass, and this can only bring the price down further, as listings that linger typically sell at much less than market value. When selling directly to Provision Homes, LLC, we can provide you with an estimation of what you’d earn by listing so that you can compare our offer and decide what is best for your situation. Remember, there are no hidden fees to pay at closing, and Provision Homes, LLC pays the closing costs.
Marketing
Marketing is the driving force to bring your buyers to the door, so when you sell your investment property without a real estate agent, be prepared to do what it takes to stand out in the crowd. Your marketing plan should include listing on the top sites and high-quality digital photography by a professional and a 360-degree virtual tour by a drone pilot. Once your marketing is in place, it’s a waiting game. If you’re in a hurry, it can be an excruciating experience when the phone isn’t ringing. However, by selling directly to Provision Homes, LLC, your worries are over because you’ll have a guaranteed closing date.
Provision Homes, LLC
Provision Homes, LLC is the best choice to sell your investment property. Working with an agent typically has red tape attached that just isn’t necessary.. Working with Provision Homes, LLC means we take on all of the responsibility. A direct sale to Provision Homes, LLC makes the process quick, easy, and painless with simple contracts. We are honest, and we know the market because we live and work in Murfreesboro. We are happy to answer any questions you have about the process to help you over any hurdles you face with your investment properties, with no obligation. Call Provision Homes, LLC at (615)-310-1909 or send us a message to learn more!