The real estate market in the Triangle has been moving higher for decades, but in the last few years, it’s even easier to sell your house fast in Raleigh, NC. Thanks to the recent housing boom across the country, homes stay on the market for less than thirty days on average. The tightness of the market in Raleigh creates a seller’s market, but you still need to know what you’re doing in order to get the best price for your home.
Even in this seller’s market, you’ll still need some insider tips if you want to sell your home fast for cash. To sell your house fast in Raleigh, NC for a fair cash price with a quick closing date, empower yourself with knowledge!
Know your property
What kind of Raleigh, NC property are you trying to sell? The difference between a home that sells quickly and one that takes its time has everything to do with a smart seller who is read to sell their house fast. A real estate agent or real estate investors will often try to leverage their experience to get you to sell your Raleigh house with them, but you can get more money in Wake County if you find an honest price yourself.
The condition of your property, your motivation for selling it, and the location and size of your Raleigh property are all factors that will affect your selling method. Here are some examples of homes that would require different strategies for sale.
- Abandoned property in Hillsboro
- Home in need of repair in Zebulon
- Inherited home in Cary
- Foreclosed house in Wake Forest
- Condo in Downtown Raleigh
Unique properties in Raleigh that are surrounded by new residential developments could have special conditions. If you want to sell your house after divorce in the Triangle, you might also have different parameters than someone who’s selling an inherited home. Anyone who wants to buy houses will do some kind of walkthrough for validation purposes before they buy houses in Raleigh.
Know the area around Raleigh, NC
Even if you have a vacant house or a home with bad rental tenants, there are still real estate solutions for property owners in Raleigh, North Carolina, and the surrounding areas. Buyers in Johnston County, Franklin County, and Durham County are all interested in Raleigh houses. The NC house market is not captive to just the immediate area around Raleigh, NC.
If your property address is further afield than the Triangle, you can still complete a short property information form and then have a home visit for validation purposes to sell your house quickly. Unwanted property for any reason can be sold without an agent’s expensive fees. A fair all cash offer from a company who wants to buy houses in Raleigh, NC often doesn’t involve any fees at all.
Think about your situation in the context of the Triangle market. Though your circumstances might seem familiar, competing sellers will have different situations. Factor in what else potential homebuyers in Raleigh are looking at. Real estate solutions are available for helping homeowners avoid the time-consuming expense of traditional sales.
Know your home selling goals
Depending on your situation, you might just want to sell your house fast for cash or you might want to take your time with an agent. If your goal is to buy another house in Raleigh and move in, then you’ll need to have a timeline that accommodates that.
Think about your financial goals too. Do you want to make the most profit possible, or are you ok with making less money in exchange for a more hands off process? Is your goal to move out fast or to transition in a few months?
The process of selling a home is not the same for everyone. Your goals might be better served with a we buy houses company or an independent cash buyer if you don’t want to make home repairs before sale. If you need to take your time and have a relationship with an experienced real estate agent, then that might be the way to go. All that hassle with making repairs isn’t necessary to sell your Raleigh house. Your house can be left unchanged and you can get cash quickly if you take control of the selling process.
A burdensome rental property can still qualify for traditional bank financing. Cash buyers are often willing to pay closing costs if you’ll sell your house fast Raleigh. Unlike selling to an investment firm, burdensome houses can get an honest price and a no obligation cash offer from cash buyers. Property simply doesn’t have to sit there. If you’re facing a difficult situation with a family member, sometimes you need to sell quickly. A no-hassle offer is a way of helping homeowners.
Sit down and write out your goals for the sale of your home before you decide on a strategy to sell your house in Raleigh. This will make it easier for you all along the way.
Know the value of your Raleigh home
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How much is your Raleigh home worth? It’s worth as much as a buyer will pay for it.
Fluctuations in the Raleigh real estate market change the price of homes constantly. If you sell your North Carolina home today it will go for one price. If you sell your Raleigh home in six months it will go for a different price. You can’t know the exact price ahead of time, but you can get a range. Look at how much comparable homes have sold for recently in your area.
It can be tempting to look at websites like Zillow and Redfin for estimates of Raleigh home prices, but those are wildly changeable. Don’t look at the projections on websites. Instead, look for the actual sale prices of properties within the last six months. That’s a much more accurate way to find the market value of your home.
“Comparative analysis” is the method that professionals use to decide the list price of a home. Through this process, they look at sale prices of similar properties. Projections from real estate sites are not generally accurate. You can always talk to an agent to list your home and do this for you. You’ll pay a hefty commission, but it does take the legwork off your plate.
A cash buyer or a we buy houses company is likely going to make you an offer at the low end of the price range that you determine for your house. That’s not just because they’re looking for a deal. Cash homebuyers generally buy homes “as-is”. That means you don’t have to make repairs to your Raleigh home. The lower price is also a trade off for fewer steps and a faster home sale.
Know how much you want to put into your home sale
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Do you want to make repairs to your Raleigh home, or do you want to sell the home “as-is”? Maybe you’d like to work with a Raleigh home stager? Do you want to freshen the interior and exterior? Home tours and open houses in the Triangle can get you a higher price for your house, but the trade off is that you’ll put more time and money into the process.
It’s notable here that you must always, always let a potential buyer know of any issues with the house. If there’s been a flood in the basement every spring due to North Carolina rainfall, let them know. Maybe the HVAC started acting up in the Piedmont heatwave last August. Don’t hide things from a buyer, even if you’re selling your home as-is.
Property information for both traditional homes and rental properties must be communicated. Your property can still be left unchanged if you need to sell quickly. An all-cash offer for an as-is house can be reasonable no matter what its condition is.
Just as you’d like honesty and transparency in the process, so do buyers. Disclosure laws in North Carolina preserve the right of homebuyers to know that’s going on with a house before purchase. It’s much better just to be honest if you don’t want to make repairs. You’ll still be able to sell your house fast in Raleigh if you want to sell it as-is.
Know your options to sell your house fast
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It’s easy enough just to throw a “for sale” sign up in your front yard with your phone number on it and see what happens. FSBO isn’t going to get you the fastest sale, the highest price, or the easiest process. However, Raleigh homeowners can list on Craigslist, Facebook marketplace, or in local newspapers like the Raleigh News & Observer. These are all tactics to get the word out about your home for sale.
If you decide to work with a real estate company, find one with experience. In the fast-changing market in Raleigh, experience matters. There are dozens of independent agents who can help walk you through the process in exchange for a commission.
Finding a company to buy your house fast
Choosing a home buying company like a we buy houses company is another way to go. These companies will buy your home as-is and will waive some steps in the process. Don’t ever pay anything upfront. A common homebuying scam is to ask buyers for fees before the sale. If a cash buyer or agent asks you for payment, find someone else to work with.
Selling your home fast in Raleigh doesn’t have to be stressful! With these tips, you can navigate the process quickly and get your Triangle home sold.