How To Save Money When Selling Your Investment Property in Statesville, NC

by Apr 28, 2019Blog0 comments

Are you thinking about selling your Statesville, NC investment property? Are you wondering how selling you investment property is going to affect your ROI? You are not alone, and in this article we will be discussing what your selling options are and the best strategies to save money when selling your investment property in Statesville, NC. Let’s get stated!

When we talk about selling an investment property in Statesville, NC, most people automatically assume that there is only one way to sell, which is by using a real estate agent. Using a real estate agent to sell your investment property in Statesville, NC is absolutely a great option, but it’s not the only option. Using a real estate agent will give you piece of mind that a qualified professional will handle all the confusing processes and paper work that comes with selling an investment property in Statesville, NC. One thing to keep in mind as a home seller is that your real estate agent will not do this for free. Their job is to advise you on how to properly prepare your home to be put on the market and to promote your property to qualified buyers. From repairs to agent commissions to the cost of waiting, selling with a real estate agent can get expensive very quickly. Below we will discuss some alternative solutions to the traditional real estate selling process that will get you the best possible price for your investment property in Statesville, NC in an amazingly short amount of time.

Sell Your House On Your Own in Statesville, NC

Selling your Statesville, NC investment property on your own is a great option, but it comes with its own set of challenges that are very important to consider as a seller. The reason many people are attracted to this option is because you are able to avoid paying any commissions to a real estate agent. That usually sounds amazing at first glance, but let’s dive deeper on what does it mean to put your investment property in Statesville, NC up on the market as a FOR SALE BY OWNER listing. Well, all the work is now your responsibility to fulfill on. What kind of work is involved in selling a property on your own you might ask? Just for starters expect to spend several hours per week screening calls, answering calls and scheduling property showings. You will also be responsible for paying for repairs that will help make your property look more attractive to potential buyers, you’ll need to list the property on platforms like Zillow and Realtor.com, and you’ll still need to continue the maintenance of the property for as long as you are the legal owner.

As you can see, selling your investment property in Statesville, NC on your own is not always the most cost affective way to sell. In some cases you will spend more money by selling on your own than by just using a real estate agent from the beginning. We strongly suggest you take some time to think hard about this option and ask yourself if you have the experience, time and money to take on the challenge of selling your investment property in Statesville, NC on your own.

Sell To A Statesville Professional Home Buyer

A great option when looking to sell your investment property in Statesville, NC fast for cash, is to use a professional home buyer like us at Maverick Property Group, LLC. Using a professional home buyer will allow you to sell your property at a fair market price, in a very fast timeframe, and you get cash in your pocket at closing. Professional home buyers like us at Maverick Property Group, LLC always buy with cash, we can close in about 14 days or less, and we’ll handle all closing costs so you can relax and collect your cash at the end. What this means for you is that you will not need to continue paying for the maintenance of the property. You can say goodbye to the taxes, utility bills, homeowners insurance, and other costs of ownership. You will not need to spend a dime on repair costs or having the house professionally cleaned. The convenience factor will allow you to sell quickly, being able to use the proceeds from the sale on another investment. Many investors choose to sell their properties to other investors as they both know exactly what the property’s value is. There is no-nonsense, just a straightforward and mutually beneficial sale.

If You List Your Investment Property In Statesville, NC, Don’t Bother Making Any Upgrades

If after exploring all your options you still decide that listing your investment property in Statesville, NC with a real estate agent is the best choice for you, then we recommend only fixing or upgrading the bear essentials. The reason we recommend not making any upgrades to your investment property in Statesville, NC is because everyone has their own taste when it comes to their home. The big mistake we often see home sellers do is invest heavily in a remodeling project of a kitchen or bathroom, then come to find out they lost a buyer because the potential buyer didn’t like the remodeling job. Selling an investment property in Statesville, NC that needs some improvements can actually play in your favor as the seller. You can promote the property slightly lower than the competition, which will give the new home owner some cash to spend on their own upgrades to personalize the property to their own taste. That is a huge selling point!

Price Your Investment Property In Statesville Right

Don’t get caught up in a situation where you price your investment property in Statesville, NC to high. There are real estate agents out there that will say just about anything to get you to sign a listing contract with them. Learn the true value of your investment property before meeting with a real estate agent or even a cash home buyer. That way you are well aware of the price range of where your investment property in Statesville, NC should be selling at based on the current market and neighborhood. If someone try’s to tell you your property is worth something that does not sound reasonable based on the research you’ve done, chances are that person is just hyping the price to try and get your business. Be careful and do your own due diligence.

If you want to skip all the hassle of listing your investment property in Statesville, NC on your own or using a real estate agent, feel free to content us at Maverick Property Group, LLC, we are ready to help! (704) 614-6699

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