Selling a house can feel overwhelming, stressful and frustrating, especially when it comes to deciding how to go about it. There are several factors to consider when deciding how to sell your house in Philadelphia, Pa or any surrounding suburban area. In our most recent blog post, we will discuss the top 5 factors that you should keep in mind when making the very important decision of how to sell your house in Philadelphia, Pa.
1. Timeframe for Selling Your Philadelphia, Pa House
The timeframe in which you want to sell your house is a very important factor to consider. If you need to sell your house quickly, then you may want to consider selling it to a local reputable cash home buyer such as TriState Properties. Our team offers great Cash prices and a very fast turnaround. However, if you have more time and want to get the best price for your house, then you might want to consider listing it with a real estate agent. All of these options have their pros and cons depending on what your goals are.
2. The Cost of Selling Your House in Philadelphia, Pa
The cost of selling your house in Philadelphia, Pa or any surrounding suburban area is another important factor to consider. Selling your house through an agent will cost you a commission, which is usually around 6% of the sale price. Aslo you will be subject to a tedious inspection process and may be required to split additonal fees such as Transfer taxes and some closing costs. If you want to save money on the commission, you can consider selling your house yourself, but keep in mind that this will require more a lot more effort on your part. In many cases, FSBO listings don’t sell for as much as properties listed with an agent. Working with a Cash Homebuyer such as TriState Properties requires no cost and can be completed very quickly.
3. The Condition of the House When Selling
The condition of your Philadelphia, Pa or any surrounding suburban area house is another important factor to consider when ultimately deciding how to sell it. If your house is in very good condition, then you might want to consider listing it with a local Real Estate agent or trying to sell it on your own as a For Sale By Owner. However, if your house needs a lot repairs or a bunch renovations in order to be “market ready”, then you might want to really consider selling it to a cash home buyer who will take it as-is for Cash.
4. Market Conditions in Philadelphia, Pa
The current state of the real estate market in Philadelphia, Pa and the surrounding suburban area is another important factor to consider. If the market is hot and there is a high demand for houses, then you might want to consider listing your house with an agent to get the best price possible. However, if the market is slow and there is a low demand for houses, then you might want to consider selling your house to a cash home buyer.
5. The Convenience Factor
Lastly, convenience is an important factor to consider when deciding how to sell your house in Philadelphia, Pa and any surrounding suburban area. If you want to sell your house quickly and without any hassle or overwhelming stress, then consider selling it to a cash home buyer. However, if you have more time and want to get the best price for your house, then consider listing it with a local reputable Real Estate agent you know and trust. As noted above, it really depends on your ultimate goals and timeframe.
When deciding how to sell your house in Philadelphia, Pa or any surrounding suburban area, you should consider the timeframe, cost, condition of the house, whether it’s poor, fair, good, or great, current market conditions, and the overall convenience. Each of these factors will play a significant role in your decision-making process and will help you make the very best decision for your specific and overall unique situation. Whether you decide to sell your house through a local real estate agent, on your own as a For Sale By Owner, or to a cash home buyer, make sure to do your research and weigh the pros and cons of each potential selling option before making a concrete final decision. TriState Properties can answer all of the questions and concerns you have about selling in the market today or any day. Do not hesitate and Reach out to us today to learn more about what we can offer you! It won’t cost you anything. 267-703-9956