Selling A House As Is in Little Rock Arkansas
By admin 2nd Jan, 2021
7 Must-Avoid Mistakes When Selling Your House As Is in Little Rock Arkansas
So you’re gearing up to sell a house As Is in Little Rock Arkansas. You’re not planning on making any repairs that may pop up during inspection. Instead, you want to sell it in its current state and move on quickly. Selling A House As Is in Little Rock Arkansas is easy with WeBuyPropertyUSA.com
While it’s certainly a smart and time-saving move that will save you lots of money, it’s easy to mess things up when you sell a house as is. The last thing you want when looking to make a quick sale is for your house to sit on the market forever. That’s why we have compiled 7 key mistakes that you should avoid like the plague when you choose to sell your house as is Little Rock Arkansas.
Mistake #1 – Setting a high price
Let’s face it; most houses sold as-is usually fetch a lower than market price. As such, you should be realistic when setting the asking price for your home. When planning to sell a house as is quickly, the price should be neither too high nor too low. Find a sweet spot in-between.
The pitfalls of overpricing your house are well-documented:
- The high price will likely put off qualified buyers
- You may eventually have to reduce the price, which is not only an unnecessary waste of your time but will also make buyers feel they’ve got the upper hand.
- An unrealistic price will make your house stay listed for longer. And the longer it sits on the market, the less attractive it seems to qualified buyers.
- Your listing can go stale, forcing you to sell for less money than you’d have gotten if you’d priced the house correctly in the first place.
Asking too little, on the other hand, can also have a negative effect. That’s because buyers often regard a very low price as a telltale sign of a lemon.
To price your house just right, consider doing a comparative market analysis (CMA). This research will show what similar homes in your area are going for. This way, you can undercut them slightly to attract strong offers and possibly start a bidding war.
Mistake #2 – Skimping on curb appeal
They say location is the best selling point in real estate, but so is curb appeal. It’s what does the magic when it comes to making a great first impression.
Yes, you want to sell a house as is, and you don’t wish to do any repairs. However, you can easily spruce the curb appeal without breaking the bank. This would help you with Selling A House As Is in Little Rock Arkansas fast.
- Give the front door a fresh coat of paint
- Mow the lawn, rake leaves, and trim unsightly branches & bushes
- Clear the driveway, garage, and other paths
As you can see, you don’t have to go overboard.
Mistake #3 – Not disclosing defects
Although you want to sell the house as is, you’d want to inform interested buyers about any known defects affecting the property. It’s best if they know what they’re getting themselves into before they sign on the dotted line.
Although sellers in Little Rock Arkansas are not obligated to provide buyers with Property Condition Disclosure, it’s usually a sign of goodwill. It shows potential buyers all the defects with the home beforehand, so they won’t back out of the deal later when you are deep into the transaction.
Mistake #4 – Taking it personally
Some sellers take it personally if a buyer makes a low offer. Remember an offer from a potential buyer is purely a financial transaction. It doesn’t reflect their opinion of your housekeeping or taste in interior décor. Instead of taking it personally, all that you have to do is reject the offer or make your counteroffer. If the buyer is truly into your house, they will make an improved offer.
Mistake #5 – Not being upfront
Even if you don’t provide a Property Condition Disclosure, make it clear that you are selling your house as-is. All your marketing materials and the actual listing should clearly state that your house is for sale in its current state. See to it that you reference this in the contract.
Be upfront when you reference any estimates, asking price, and inspection reports that you make available for review. When you want to sell house as is Little Rock Arkansas, this is a great way to start on the right foot and make the process smooth.
Mistake #6 – Not being flexible
The secret to selling any real estate is flexibility, so be willing to negotiate. Even though you may indicate that your house is for sale “as-is,” potential buyers might want to negotiate a few things along the way. For instance, they may need you to account for repairs by reducing the price or conceding some closing costs when Selling A House As Is in Little Rock Arkansas.
The buyer may ask you to do a few minor upgrades like replace old plumbing or electrical panel, so they can be able to obtain homeowner’s insurance. You should be willing to reconsider your “sold as-is” to make a quick, no-hassle sale.
Mistake #7 – Not considering selling to cash house buyers
Cash buyers like WeBuyPropertyUSA.com are a godsend when you wish to sell a house as is in Little Rock Arkansas. Instead of worrying about repairs, listing, marketing, closing hassles, and other intricacies of house-selling, we shall give you an all-cash no-obligation offer within 24 hours of contacting us.
Whether you’re selling an inherited property, dealing with divorce, fighting foreclosure, or relocating for work/school, WeBuyPropertyUSA.com has got your back. Get the most cash for your house for sale as-is. No repairs needed!
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