We Buy Houses in New Hope MN.The way you price your house could mean the difference between it sitting on the real estate market for months on end, or it being purchased within a few weeks. Be that as it may, listing your house may not always be a good option if you’re hoping to sell Fast. If you’d like to have your inherited house sold by the end of the week, reach out to our company FastPath Home Buyers. We Buy house directly (without the use of real estate agents). Simply reach out to us by calling (612) 351-2384, or by filling out a short form on this page, and we’ll get back to you with the highest possible offer we can give for your inherited house.
Did you inherit a property that you’re now thinking about selling? While an inherited property can be a wonderful gift from a loved one who has passed on, it can also (quite frankly) be a costly burden. So selling it makes sense. But when you sell anything, it’s important to set the right price. So here’s how to price your inherited home in New Hope for sale…
If you’ve recently inherited a property and you’re planning to sell it, make sure you read this blog post for 3 tips on how to price your inherited home in New Hope for sale…
Tip #1: Price Quick To Sell
Some people price their inherited property at an amount they assume the real estate market might pay for it without doing any actual research. However, this is not very wise. There are many factors that go into pricing your house for sale. Firstly, you need to ask yourself: how fast do you want to sell? Selling through an agent usually takes 3-6 months. Are you willing to wait that long? Additionally, if you choose to work with an agent, you’ll also have to pay for the house’s maintenance and any needed repairs, as well as marketing costs for your agent to find buyers. This can all be costly and it will eat into your profit margin.
Many property owners quickly realise that they’re better served slightly lowering their asking prices for a faster sale… They might get less for the house, but overall they will pay less on repairs, added costs, effort, and time.
Tip #2: Avoid Pricing Based On Fond Memories Or Emotion
One of the biggest challenges that property owners selling inherited houses face when trying to price their property for sale is separating the happy memories from the true value of the house. Realistically, an inherited house may be worth a certain value on the market, but due to fond family memories that my be associated with the house, you might accidentally use that emotion to increase the price. (This is VERY common.)
A better approach would be to work with a Professional Home Buying company like our very own, FastPath Home Buyers, and find out what we can offer you. This will help you recognize the true market price of your inherited house.
Tip #3: Build In Discounts For Repairs
If you inherited the property from a loved one who lived in it for many years, you may soon find out that the property needs repairs. You could choose to do this work yourself and then ask for a higher price, but why not save yourself the time and effort (and above all else, the expensive cost of repairs). By selling directly to our company, FastPath Home Buyers, you won’t have to worry about repairs. We accept houses “as-is” meaning you can forget about the hassles involved with home upgrades, upkeep and maintenance. You won’t even have to worry about cleaning your inherited house.