Sell My House Fast In Perth – What Are My Options?
Perth Homeowners wanting to sell quickly should explore their property options.
If you’ve been wondering, “how do I sell my house fast in Perth,” you might be interested in the following suggestions on how to decide which option is right for you.
How fast you’re able to achieve the goal of selling your home often comes down to three main factors:
1. HOW LONG YOU’RE PREPARED TO WAIT TO SELL YOUR HOUSE
2. YOUR BUDGET & HOW MUCH YOU’RE WILLING TO SPEND TO SELL YOUR HOUSE
3. HOW MUCH YOU’RE ASKING FOR YOUR HOUSE
Factor #1: What Is Your Timeline?
One of the biggest factors that affects long it takes to sell a house is: how long the owner is willing to wait to sell their house? Most people think of selling their home the traditional way, by listing their property themselves on a For Sale By Owner site or through an agent which can take 3 to 6 months (sometimes much longer, depending on market conditions). This could be a good option if you have a lot of time and are not in any rush.
However, many homeowners are selling because they need to move and don’t always have 3 to 6 or in some cases 12 months or more to wait for a sale. The cost of missing out on limited opportunities or having a tight budget means they can’t afford to wait that long. In those situations, having a real estate agent attempt to sell your property by way of auction is could be an option.
Another option worth considering is to bypass the agent and deal directly with a home buyer or property investor.
Factor #2: What Is Your Budget?
Many people are surprised by this question because the thought of spending money to sell their house seems contrary to their expectations. If you sell the traditional way, there are a few different scenarios that may require you to spend money: before you list, when you carry out repairs or renovate your property to get it ready for sale; when you list and are required to pay photography & marketing costs; and after you sell, when you pay your real estate agent a commission for selling the property and a settlement agent to ensure that all legal requirements for the transfer of the title to the property are complied together with a smooth transfer of ownership from the seller to the buyer. These costs often amount to thousands of dollars.
Not all homeowners are comfortable spending all that money in order to sell their house, especially before receiving any offers. The cost of repairs to get it ready for sale or to make it presentable which may include styling the property, combined with photography and marketing can be too expensive for some homeowners. If avoiding those upfront costs is a priority for you, you have another option: you can sell your house direct to a home buyer or work with property investors like us at My Property Options. We invest in houses as-is and there are no fees or commissions.
Factor #3: Selling Price
Some homeowners believe that the market price for their house will be high, so they’re willing to wait and see if a buyer will purchase it at a premium. When a prospective buyer is eventually found, they might offer more, the same, or less than the asking price.
Not all homeowners are comfortable with the uncertainty of waiting for an unknown outcome. They don’t want to wait months in the hopes that someone will offer what they’re asking. They subscribe to the saying, “a bird in the hand is worth two in the bush”, meaning they’d rather work directly with a home buyer or real estate investor, even if it means achieving a sale price slightly less than market value or their asking price. Knowing EXACTLY how much they can get for their house is more important to them than waiting for a potential premium sale price which may or may not happen.
If you’re a homeowner and you’re wondering, “What are my options to sell my house fast in Perth?” the above 3 factors will often determine whether you’re willing to market your property or to sell right now.