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How To Save Money When Selling Your Investment Property in Columbus

In our latest post, discover how you can sell your investment property without incurring high costs or investing a lot of time. Explore your selling options now!

When it comes to selling a house in Columbus, there are more effective options than simply listing it. The expenses involved, such as repairs, agent commissions, and the potential costs of waiting, can quickly add up when working with an agent. In the following sections, we will present alternative selling methods that can help you secure the highest possible price for your property within a shorter timeframe.

Sell Your House On Your Own

By choosing to sell independently, you can avoid paying the agent’s commission, but you will be responsible for covering marketing expenses and closing costs. Selling your investment property on your own will likely require a significant time commitment, involving tasks such as screening calls, answering inquiries, and scheduling property showings. Additionally, you will need to bear the financial burden of repairs, listings, and ongoing maintenance for as long as you own the house. Statistics indicate that selling independently usually takes more time compared to listing with an agent, leading to rapid accumulation of monthly ownership costs. While selling the house without an agent saves you from paying the commission, all other aspects, including marketing, contracts, and negotiations, will be your sole responsibility.

Sell To A Professional

Working with a professional home buyer like EASTON BUYS HOUSES offers numerous advantages. Firstly, you can sell your home swiftly, freeing yourself from any further responsibilities associated with the property. Say goodbye to ongoing maintenance expenses, taxes, utility bills, homeowners insurance, and other ownership costs. There’s no need to spend any money on repairs or professional cleaning. The convenience factor enables a quick sale, allowing you to utilize the sale proceeds for another investment. Selling to fellow investors eliminates uncertainty as both parties are well aware of the property’s value. This straightforward and mutually beneficial transaction ensures a hassle-free and efficient sale process.

If You Do List…

Don’t Bother Upgrading

By choosing to list your house, you have the option to save money by focusing solely on essential repairs. If there are upgrades or outdated elements in the house, it’s advisable to leave them for the new owners. You can provide a credit or other incentives to motivate potential buyers to take a chance on your property. In fact, many buyers appreciate the opportunity to customize and renovate the house according to their preferences. Consider this scenario: you invest a significant amount of money in a kitchen renovation, only to discover that a specific choice you made turns away a buyer. Since everyone has different tastes, allowing prospective buyers to personalize the space can actually increase your chances of making a sale.

Price It Right

Ensure your Columbus property is priced accurately when you decide to list it. Numerous individuals tend to overestimate the value of their homes due to a lack of knowledge. Even agents may inflate the price to encourage you to sell. If the price is not set correctly, the property will linger on the market, gradually losing its appeal to potential buyers. Prospective buyers often assume that a house sitting on the market for an extended period of time has some underlying issue. Before attempting to sell, it is advisable to ascertain the actual value of your home. This will enable you to manage your expectations and prevent disappointment if you receive offers that you perceive as low. Our team can assist you in determining the true value of your property and provide you with an immediate offer.

Interested in selling your investment property in Columbus? We can help! Contact our team today! 614-504-4360

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