We Buy Houses Columbus is a local real estate investment company with a passion for community. The owners of the company were in your shoes when they wanted to sell their property. It was frustrating, time consuming, and costly to work with real estate agents. Selling a house on your own can take anywhere from three to 12 months, and you’ll be spending more than you’d like to on the process.
If you are thinking about buying a house in Columbus, Ohio, you should keep several things in mind. First, you should know that the real estate market in Columbus is booming. Especially for lower-priced homes, it is a great time to buy. Then, you should keep in mind that the competition will be high.
While you might be tempted to buy a house during any month of the year, you should consider the fall and winter. Columbus homes tend to sell for lower prices and have fewer days on the market. Moreover, you can take advantage of motivated sellers and lower prices. A realtor can help you find a home that suits your needs.
Best time to sell a house to a company that buys houses in Columbus is January
When selling your house, you should consider the market’s trend. In January, home values fell by 5.6% in Franklin County. That means a January sale is more likely to bring a higher price. However, if you’re looking to sell your home fast, you might want to wait until January 2022. The Columbus housing market is more favorable in January than in other months. The median listing price in Columbus is $224,900, and the median home value is $184,500. In addition, Columbus homes have a higher-than-average sale-to-list-price ratio (S/APR), so you’ll have good leverage in negotiations. A January sale could net you as much as 100% of your original asking price, or even more.
While it’s true that winters can bring lower prices, winters are also slow seasons for contractors. This Check them out makes the winter season a great time to make repairs and upgrades to your home. Plus, buyers are more likely to be looking for bargains. Moreover, the winter season brings holiday parties, which can complicate a real estate transaction.
FSBO’s typically take 3 – 12 months to sell
One of the main disadvantages of selling a home without the help of an agent is that it can take much longer to sell. You will have to market your house to potential buyers, which can take a long time. On average, a home listed by an agent can take just five days to sell, while a FSBO will take anywhere from three to twelve months to sell. Additionally, a FSBO seller lacks the connections and network that an experienced agent can provide.
The paperwork involved in selling a home on your own can be overwhelming. A home warranty policy is a great way to increase the chances of a quick sale. It will cost you a small amount, but could prove to be the difference between a fast and successful sale.
Selling a house to a company that buys houses in Columbus costs too much
Selling a house to a company that pays cash for houses in Columbus can save you a lot of time and hassle. Most cash home buyers close quickly, require few inspections, and don’t require appraisals. They can close in seven to thirty days, depending on the seller’s situation. However, keep in mind that a cash buyer doesn’t always pay full retail value. Therefore, it’s important to evaluate the situation and decide if it’s worth the money and time to sell to a cash home buyer.
While selling a house to a real estate agent can be time-consuming, it can also be a lot of money. You’ll have to account for commissions from agents, as well as other costs associated with the sale. Additionally, you’ll likely get higher offers from potential buyers if you choose to sell your house in this manner. Besides, a retail buyer will be much more picky than a company that buys houses in Columbus.