Sometimes in life, what once worked perfectly is no longer the best fit, which can be true of many things, including our homes. While we may feel a great sense of nostalgia about the memories we make in our homes, children grow and move away, leaving empty rooms and creating a desire to move closer to grandchildren. In addition, new jobs or family obligations can force relocation. Or maybe your Port Orchard home has become too much for you to care for, or you may feel it is time to find your retirement home. Possibly your dream home has suddenly become available on the market, and you need to sell your existing home.
Whatever the case, there are several ways to sell your home, affecting the overall cost to sell and the time the home will remain on the market. Read on as we explore four ways to sell a Port Orchard house that just isn’t working for you anymore.
List
Listing in the traditional method to sell a house that is no longer working for you in Port Orchard can be pretty expensive and time-consuming. The high cost of the real estate agent’s commissions when listing a property (typically six percent of your final sales price) will typically include most of your marketing expenses. However, there are often other professional services, such as inspectors, appraiser’s, etc. Homeowners often overlook many additional hidden costs when calculating the costs involved. One often overlooked expense is that real estate agents have no control over when or if your property will sell, so you should include the holding costs that add up as time passes when you’re calculating your numbers. Utilities, existing mortgage, taxes, insurance are some of those common holding costs that are often overlooked.
Sell Directly
To ensure fair treatment, work with a team like Kitsap Home Pro. We lay it all out on the table, how much you’d earn by listing the home on the market vs. the detailed offer from Kitsap Home Pro. We want you to decide for yourself if our offer is fair; we want you to feel good about the deal long after the closing. Our reputation depends on it. At Kitsap Home Pro, we don’t charge commissions, and we use simple contracts, making it easy for you to sell a house that is no longer working for you in Port Orchard.
Rent-To-Own
Use a rent-to-own contract to sell a house that is no longer working for you in Port Orchard – Kitsap Home Pro can help with that too! You can help tenants who are working towards homeownership achieve their dream. Because you’re locking in on a sales price for a closing a few years away, you risk home prices rising, so you can set the asking price higher based on an estimation of growth, along with higher rent payments, with a portion applying towards the down. Unlike other tenants, the buyers are invested in the property and financially responsible for the care and upkeep. We’d be happy to talk about some creative strategies that allow you the benefit of passive income, without the work of being a landlord.
FSBO
For sale by owner is a method often chosen in the hopes of saving on commission to sell a house that is no longer working for you in Port Orchard. Listen – it works – sometimes very well for you, the seller. Unfortunately though, FSBO listings usually end months later, with the owners reaching out to experts for help. Sadly, then the effects of a property listing lingering are that buyers know and will often devalue the property automatically based on the days on the market. Only after learning the hard way do these owners realize that selling a home is an expensive and time-consuming job. Worse, after everything, you’ll likely walk away with less. I want to stress that this is not always the case. Sometimes, homeowners can do very well from a financial point of view. Then you just need to ask yourself, if you are one of those anomalies, will that extra profit be worth your time and effort?
Why not reach out to Kitsap Home Pro with your questions or concerns? We are happy to help with no obligation. Save yourself the time and trouble of trying the other options first when you’re ready to sell a house that is no longer working for you in Port Orchard. Call Kitsap Home Pro at (360) 329-4331 or send us a message to learn more.