The thought of selling a home can seem like a lot of work accompanied by a long list of expenses. It may seem even more overwhelming if the property is in disrepair, but it doesn’t have to be that way! In this blog, we will explore the ways you can sell your house in New Orleans without any hassle!
Most people consider hiring an agent and listing the property on the MLS when selling a house in New Orleans. This is a great solution for many people, but there are many ways to sell a New Orleans house! Consider the following options to discover which method is best for you and your situation!
Sell Directly to A Professional Home Buyer
Depending on the situation, selling your house without an agent can save a lot of time and money. Companies such as US Direct Home Buyers will buy your New Orleans house using a straight-forward and simple process. With a direct sale, you don’t have to worry about commission, repairs, cleaning, or waiting for a buyer to come along. You’ll never wonder when your house will sell, because you’ll know the exact amount you will receive as well as the closing date.
Direct sales are becoming popular, but not all buyers are the same. It’s important to do your diligence on both the local market and the buyer you want to work with. You may not get full price in a direct sale, but for some, the amount saved on repairs and wasted time makes up for the difference in price.
List Your Home With An Experienced Agent
Listing your New Orleans house is an option, of course. Take time to learn about the process and what is expected of you. There are no guarantees, as every agent is different. Your property can be listed for any price, but you may not receive it. Keep an eye out for agents who try to impress you with a high listing price. Homes that are priced too high typically sit on the market for months at a time. The price will have to be lowered eventually, while your property drops further down the list on the MLS. If you decide to list, ensure your agent prices your home to sell, not to convince you to sign a listing agreement by boasting a high price.
Offer Seller Financing
This can work well for people who don’t need cash from a sale immediately. You can choose to carry the note by setting up a “rent-to-own” structure. Your tenant will “rent” the property at a higher than average price, with some of that money going toward a down payment on the home. They will have an opportunity to buy the property outright at the end of a certain period of time, usually around 2 years.
Consider Your Other Options
There are other options if selling isn’t in the cards and you need to move. You can rent out the house as a short or long term rental. It can be hard to find great tenants and retain them for as long as possible. Renters tend to roam, and tenant turnover can cost you dearly. If you haven’t done this in the past, consider hiring a property manager to help you keep everything in order.