Selling your house on your own can be a daunting task, but our latest post will give you all the information you need to make the right decisions. Get everything you need to sell your house in New Orleans so you can successfully sell without any problems!
While it is true that you can sell your house without an agent, many people find the experience to be more costly and time-consuming than they anticipate. Usually, agents are able to get sellers more money for their houses, but to sell at a higher price typically comes with high commissions and other listing costs.
If you choose to go the For Sale by Owner route in New Orleans, we have outlined a few of the potential costs below!
Advertising Costs
There are a lot of expenses that come with selling your house including signage, printed materials, and online listings. If you want to sell your home quickly and effectively to reach potential buyers, then advertising is something you definitely need.
There are sellers who hire professional photographers, take videos, and utilize social media ad space to sell their homes. You don’t have to use all of these methods, but if you want to sell your house quickly in New Orleans, choose the ones that will be most effective in getting the word out there.
Answering Questions
If you market the property well, a lot of people will call and inquire about it. You’ll need to answer their questions and set up appointments to view the home in person.
It can be time-consuming, but that’s a good sign that your marketing is working well. You will need to adjust your time and make yourself available for any questions. If you’re a busy person that’s usually on the go with constant meetings, or caring for your family, you may find this task to be very difficult.
Property Showings
If you want potential buyers to be interested in your home, you have to keep it clean and presentable at all times. Some homeowners use furniture and other items to make their houses more appealing, while others choose to hire a professional cleaning crew. If you’re representing the house yourself, be available when people want to see it — and don’t get defensive if they point out something negative.
Repair Costs
Small and large repairs can take a big chunk out of your pocket if you’re looking to sell quickly in New Orleans. You’ll want to fix anything that’s been ignored over the years, as well as any bigger projects that will add more value to the house.
Your home needs to look pristine for potential buyers to even consider it, especially as they try to imagine themselves living in it. Keep in mind that buyers might ask for even more work to be done after the inspection is finished.
Legal Responsibilities
If you choose to sell your house yourself in New Orleans, you will be managing every legal detail that follows. This involves contracts, escrow processes, and ensuring accuracy and completeness along the way. If you are unfamiliar with the legal processes that encompass selling a property, this may prove to be a difficult endeavor to undertake.
Timeframes
The home-selling process in New Orleans can be long and drawn out, often taking weeks or even months. And if that wasn’t frustrating enough, after all that time spent waiting, the sale could still fall through due to a loan getting rejected.
This method of selling provides no guaranteed sale date and leaves homeowners living in limbo for an extended period. However, when you choose to sell your home directly to Albatross Home Buyers, you will be able to close the deal in only a matter of days.
We buy houses in New Orleans, LA with our own money, so we can take care of all the listed expenses and responsibilities. In addition, we will save you time and money while making sure the process is done legally and with expertise.
Should you sell your house on your own, or should you sell it to a direct buyer? Learn more about the pros and cons of each option by contacting us today!