How To Sell Your House For A Fraction Of The Cost in Omaha, Nebraska
There are many ways you can save money when you are looking to sell your house fast in Omaha, Nebraska. In our latest post, we explore how you can cut costs on the sale of your home or investment property in Omaha, Nebraska, Lincoln, Nebraska, Council Bluffs, Iowa and the surrounding areas.
Selling a home in the Omaha, Nebraska area through a real estate agent or on your own, FSBO, for sale by owner can cost the homeowner thousands of dollars. While very few properties perform very well on the MLS (multiple listing service), with little cost, the majority of properties require much more work which translates into the thousands of dollars. Below are some great ways you can save money when selling your Omaha, Nebraska area property.
Work With A Direct Buyer
Working with a direct house buyer in Omaha, Nebraska like Harter Investments will help you avoid thousands of dollars in closing costs you would typically encounter when selling your house with a real estate agent. By avoiding the MLS (multiple listing service), you save on all kind of expenses typically associated with a property listing. Of course, not all buyers are the same, but if you choose to work with a buyer such as Harter Investments, you will be able to avoid the 6 or 7 percent commission paid to the real estate agents and brokers selling and buying your house. If your house would sell for $180,00 you would be saving $12,600. Not to mention the expense of closing costs, repairs that would need to be done getting the house ready to sell, holding costs that occur while your house on the market. Costs associated with holding costs are insurance, taxes, utilities and the day to day expenses like lawn care, snow removal etc. We won’t ask you to clean up or show the house. There are no marketing costs to factor in or other selling expenses to worry about. Plus, by selling quickly, you will no longer have to pay ownership and maintenance costs such as the monthly utilities, property taxes or homeowners insurance.
Sell Your House On Your Own
Selling the house on your own via an FSBO (for sale by owner) listing can help you avoid the 6 to 7% commission costs you would typically pay a real estate agent. To sell your house as a “for sale by owner” property, it is important to have some real estate knowledge under your belt. You should know the local Omaha market, have a realistic asking price and be able to professionally show the house as needed. It can require many hours of work, and typically FSBO’s (for sale by owner) take longer to sell than working with a real estate agent or selling via a direct sale to a professional buyer. You will still need to make the necessary repairs to get the house ready to sell. Since FSBO’s typically take longer to sell your holding costs such as insurance, taxes and everyday costs such as lawn maintenance, snow removal and the everyday expenses to owning a house can add up quickly.
Should you decide to list, you should spend the additional money to have your house professionally and thoroughly cleaned. You will want to go beyond just a standard cleaning, taking it to the next level cleaning things such as the ceiling fans, the tops of cabinets, and stains from the carpets is a must. First impressions are everything to a house buyer. Many people choose to hire a team of professionals for a true deep cleaning of the home. Keep in mind that when you list your Omaha, Nebraska home, you will need to keep the house in this clean state for as long as the property is on the market.
Choose The Right Repairs And Upgrades
When making repairs and upgrades to a house you wish to sell in Omaha, Nebraska, it is important to choose the right ones. You don’t want to make large renovations or repairs that are going to break the bank. Instead, focus on smaller things and projects you can quickly handle on your own. Look for upgrades that stand out and other houses in the area do not have. Two great areas to focus on are the front yard and the entryway. Again, first impressions are everything when selling your house fast in Omaha, Nebraska. These two areas provide first impressions and set the tone for the rest of the showing. You are looking for things you can do for a low cost that provide a big impact. In most instances, you will want to stay away from knocking down walls or doing a kitchen renovation.
Sell Your House In “As-Is” Condition
When you choose to sell your house fast in Omaha, Nebraska in “as-is” condition, you will avoid any repair costs that come up when selling the house. Harter Investments is a professional house buying company in Omaha, Nebraska and will buy your house as-is, give you a fair all-cash offer and we have ability to close on your terms. You could also choose to advertise it in a listing as such. The trouble is, you may not be getting it in front of the right buyers should you put it on the MLS. Most people looking on the MLS want a house that is turn key and they can move into immediately.
Know Your Buyers And Market Accordingly
When you know who is buying in the area, it makes it easier to market to them. If you have access to the MLS look and see if the sales are cash or finance. Are there upgrades being done before the sales. Families are looking for different things than college students are. Empty nesters might be wanting something slightly different than young, singles. Take a look at the demographics of buyers and renters in the area and market your Omaha, Nebraska house accordingly. By attracting the right people to your house, you will have a much easier time selling it.
Utilize Free And Low-Cost Marketing
While many listing sites charge an arm and a leg, you can use social media sites to advertise your property for free or for a very small charge. People are visiting these sites anyway, so right away you are getting the house in front of many people without even trying. You could advertise your property for sale on Facebook and in local real estate groups. Or you could use great photography, advertising the property on Instagram with the proper hashtags. Some people will create videos to share on youtube or other social sites. Sky’s the limit on how creative you would like to get to market your house.
So there are several options to consider when it is time to sell your house fast in Omaha, Nebraska. You have the option to use a real estate agent. If you would like to “FSBO” (for sale by owner) your house or you can utilize a professional home buyer in Omaha, Nebraska like Harter Investments.