According to Statista, there were 128.45 million households in the US in 2020 – a clear indication of how important homeownership is to the American people. -Who Buys Houses Chicago
With the average American expected to own at least three homes in their lifetime, chances are you will be selling your house at a point in time.
Just like buying a home, there are essential steps you need to take and mistakes to avoid to help you sell quickly, easily, and at the right price.
If you’ve already sold a house before, then you know it is not easy sailing. By avoiding the mistakes highlighted below by a cash home buyer who buys houses Chicago, you can expect an easy, inexpensive, and expedited home sale process.
Pricing it Wrong
Setting the right price for your house can be the toughest decision to make during your house sale. By setting it too low, you’d be set to lose thousands of dollars in profit.
Overpricing would put off serious buyers and you could run the risk of spending weeks or months on the market and still drop the price to get an offer.
A good way to avoid this mistake is by selling your house to a cash home buyer. Such investors will make you a fair offer – one that is close to the market prices in your area – and help you get the house off your hands fast.
Overdoing The Repairs And Renovations
Giving your house a facelift before selling is a sure way of increasing its value by a couple of thousand dollars.
If you don’t have major problems like foundation issues, roof leaks, and bug issues, all you need is to carry out light repairs and renovations to put your house in good light.
Investing so much in repairs and renovations could be financially bad for you as you may not recoup the costs after the house sale.
It is advisable to restrict the renovations to less costly activities like repainting, plumbing, and electrical works.
Choosing The Wrong Time To Sell
While there may not necessarily be a right time to sell your house, experts advise homeowners to avoid selling their houses during the winter months.
Home sales are particularly slow in winter, and for obvious reasons: people are preparing to have time with their families and the cold weather makes it appealing to stay indoors.
With fewer buyers likely to be looking, your house might be on the market for long. What’s worse, you may not sell your house for much due to the scarcity of offers.
Selling your house to a cash home buyer like I Buy IL, who buys houses Chicago, can be a great way of avoiding such hassles whenever you want to sell your house.
Ignoring Home-Selling Costs
Homeowners have different strategies of selling their houses. Some may fancy working with a real estate agent while others may decide to sell on their own.
Depending on the strategy chosen, homeowners will incur various home-selling costs, and it would be a big mistake letting these catch you by surprise.
Some of the common costs that homeowners must prepare for include agent commissions, staging costs, and closing costs.
If you’re looking to avoid all these costs when selling your house, working with a cash home buyer could be your best bet.
I Buy IL is a cash home buyer who buys houses Chicago for cash with no commissions or fees on the sale.
Selling your home doesn’t have to be stressful and emotionally draining. Working with a cash home buyer like I Buy IL helps you avoid the common pitfalls associated with home selling.
If you’re looking to sell your house for cash in a quick, easy process, call us today on [phone].