Selling your home can be challenging, but it may be necessary for you and your household. Although the traditional route is to work with a real estate agent and sell your property through their strategies and network, this isn’t the only method you can choose. In fact, if you’re considering other factors like cost-effectiveness, how long it takes to sell your home in SC, and getting the best price on your property, you absolutely have to weigh-in all your other options.
If you’re wondering how to sell your house in South Carolina, then look no further. Here are all the different ways to sell your home, as well as what you should know about each option.
For Sale By Owner
Also known as the FSBO method, this method means selling your property on your own without an agent or broker to assist you. Considering that real estate agent commissions can reach up to 6%, FSBO sales are a good way to avoid this cost from eating up a part of the proceeds of selling your home. In a way, you become your own real estate agent and assume all the responsibilities of selling your home. You could try listing your property on online real estate listings or on ads.
If you have knowledge of how real estate sales work in South Carolina and don’t mind doing most of the legwork, this is a cost-effective option that can cut down on costs. But if you aren’t real estate-savvy, there’s a risk that you could overlook some legal risks of completing the sale. Also, you’re at a disadvantage of not having the same network or experience real estate agents have to successfully sell your home.
Work with a Real Estate Agent
Working with an agent to sell your home is the convenient way of taking advantage of a volatile real estate market. If the conditions are right, you could end up getting a good deal on your home. With an agent’s network, experience, and negotiation tactics, you can have someone experienced on your side to do most of the heavy lifting. You may have to do some things like keep your home clean for viewing and deal with some paperwork, but the biggest advantage of a real estate agent is that you’re minimizing how much you have to do to list your property on the market.
This, however, comes at a price: around 5 or 6% of your property’s selling price, to be exact. Depending on your home equity and how much you hope to gain from selling your home, you could end up with a smaller profit. If you’re selling your home to pay off debt, that agent commission can mean a lot out of your funds. Hiring a real estate agent also doesn’t guarantee your home will be sold. On average, it takes almost two months for homes in South Carolina to receive an offer.
Sell to a Professional Home Buyer
If you need to sell your home in SC fast and for a fair price, your best option is to sell to a professional home buyer. Rather than listing your property on a volatile market where offers aren’t guaranteed, professional home buyers can give you a fair offer on your property within 24 hours of your scheduled property viewing. That’s a mere fraction of the nearly two months you might have to wait on the market for an offer on your property.
Professional home buyers also offer other advantages. Like FSBO sales, home buyers can help you skip the costs of agent commissions. But we take it one step further by also shouldering the closing costs of selling your home, reducing your costs in the process. And unlike selling with real estate agents, you don’t have to wait an unknown amount of time for a fair cash offer – simply wait up to 24 hours and then decide whether or not to accept and proceed with closing.
Conclusion
There are several ways to go about selling your home. While all three are possible options, it’s best to consider which advantages best suit your needs and choose the right one.
If you need to sell your property fast, Sell My House Fast – Greenville, Spartanburg, Anderson, Pickles is the home buying company in SC that can offer you a fair price. Contact us today to learn more and schedule a property viewing.
