How to Get Rid of My Property Fast

Once you’ve decided to sell, the next thing you’re probably wondering is just how to get rid of the property fast.

You could …

• List it for sale with a real estate agent
• List it “For Sale by Owner”
• Sell it to a cash offer buyer

Let’s look at those options in a bit more detail.

List it With a Real Estate Agent

If you decide to list it for sale with a real estate agent, they will take care of marketing the home to buyers and processing all the paperwork for you. You pay them a commission (usually 3% of the sales price) for their service. You also pay the buyer’s agent’s commission (the same 3% of the sales price).

So that’s 6% you’re paying for their expertise in selling your property.

With this option, you’re subject to the buyers requesting repairs be done prior to closing. And the property must be able to be shown to potential buyers. Unless it’s sitting vacant, this means coordinating with tenants … or with your own schedule if you’re living in the property.

This is the traditional way to sell a property, but it isn’t always the fastest.

List it For Sale by Owner

You save the 3% seller’s agent commission in a For Sale by Owner deal, but you still pay the buyer’s agent commission.

In this option, you are responsible for marketing to find interested buyers. And you may be exposed to legal risks if all the paperwork isn’t properly prepared. You’re also still on the hook for potential requested repairs and keeping the property available for buyers to see it.

This option tends to take longer than listing with an agent because it typically takes longer for an owner to find interested and qualified buyers.

Sell to a Cash Offer Buyer

This option is usually the fastest. Often, a cash offer buyer will buy the property “as-is,” so you don’t have the expense or time it takes to make repairs.

Additionally, some cash buyers will write a contract with no commissions and no closing costs (we do this), which puts more cash in your pocket.

And in terms of speed, a cash offer deal can be the quickest. For example, many of our deals close within 10 days of an accepted offer.

Which Option is Best for You?

Without knowing your situation, we don’t really know which of these options is best for you. But we can help you figure it out if you’d like.

Call us at (559) 321-0905 to discuss your situation. We’re here to help!I

If you’re in danger of losing the property to foreclosure, we have additional information for you here.