Real Estate

How Long Does it Take to Sell a House

How Long Does it Take to Sell a House

How long does it take to sell a house? This is a question that many homeowners ask themselves at some point. The answer, unfortunately, is not always straightforward. There are a number of factors that can influence the length of the home selling process. In this blog post, we will explore how long it takes to sell a house with an agent, FSBO, and with a cash buyer company like West Richards Properties. We will also discuss the pros and cons of each option. Read along to learn how to sell your house fast!

Selling Yourself or For Sale By Owner

When you sell a house yourself, or FSBO, you are in charge of all aspects of the sale. This includes finding a buyer, negotiating the sale price, and completing the paperwork. Selling a house FSBO can be a lot of work, but it can also be a rewarding experience.

The pros of selling a house FSBO include:

  • You retain control over the sale process. This means that you can choose your own real estate agent, set your own sale price, and complete the transaction at your own pace.

  • You save money. Selling a house FSBO typically costs less than using an agent. You'll still have to pay for repairs if they are necessary, listing your house online, marketing, and some other expenses.

  • You may receive more money for your home. When you sell a house FSBO, you can typically ask for a higher price than you would with an agent.

The cons of selling a house FSBO include:

  • It can be difficult to find a buyer. Selling a house FSBO can be tough, especially in today's market. You may have to wait longer to sell your home than if you used an agent.

  • It can be difficult to negotiate a sale price. When you sell a house FSBO, you are on your own when it comes to negotiating the sale price. You may not be able to get as much for your home as you would if you used an agent.

  • It can be difficult to complete the transaction. Selling a house FSBO can be complicated and time-consuming. You may have to deal with paperwork, title issues, and other legal matters on your own.

The data suggest that selling FSBO can be a bit faster than with an agent. You can expect to sell within one month on average. However, if you are not market savvy or have no prior knowledge about real estate transactions it can take much longer. Choose this method only if you know what you are doing and are confident in your ability to sell the house.

To Sell a House with a Real Estate Agent

When you sell a house with a real estate agent, you are essentially hiring someone to help you with the sale. This can be a helpful option if you want to sell your house quickly and don't have the time or resources to do it yourself.

The pros of selling a house with an agent include:

  • You don't have to do any of the work - the agent will take care of everything for you. This includes listing your home, marketing it, finding buyers, negotiations, and more!

  • You may receive more money for your home. When you sell a house with an agent, you typically get a higher price than if you sold it FSBO especially if you don't have much experience in home selling. 

The cons of selling a house with an agent include:

  • It can be expensive. Agents typically charge commission fees, which can be expensive. An average commission is 6% across the country, yet it varies by state.

  • It can take longer to sell. It typically takes agents longer to sell a house than FSBOs. This is because they have more work to do and are not as focused on selling the home as the seller is.

The average time it takes to sell a house with an agent is about two months. However, this varies depending on market conditions, the agent's experience, and other factors. Selling with an agent is quite reliable, and though it may take longer, you'll eventually receive good money for your house.

Selling with a Cash Buyer Company

When you sell your house to a cash buyer company, you are selling it directly to the company rather than through an intermediary like a real estate agent. This can be a quick and easy way to sell your home, especially if you need to sell it quickly.

The pros of selling your home to a cash buyer company include:

  • It's fast - you can often have an offer within 24 hours and close the sale in as little as seven days. 

  • You don't have to do any repairs or renovations - the company will buy your home in its current condition. 

  • You don't have to pay any fees or commissions. Everything the cash buyer does is for free as long as you sell the property to them.

  • The company can help you sell your house in difficult situations like divorce, inheritance, heavy damage, risk of foreclosure, and more.

The cons of selling your home to a cash buyer company include:

  • You may get less money for your home than if you sold it through an agent. However, most cash buyers offer deals that are close to an average market price.

  • There is no guarantee that a company will buy your home, so you may end up having to list it with an agent after all.

  • You'll have to check if the company is trustworthy and whether it has a good track record of successful deals and happy clients. Trusted home buyers are hard to come by but not impossible.

The average time it takes to sell a house with a cash buyer company is about one or two weeks. This varies depending on the company and market conditions. Selling your house to a cash buyer company can be an easy and fast way to sell your home and won't have to worry about the tedious selling process.

Conclusions

Selling your house fast is not that hard. Though there are benefits to selling a house with an agent, cash buyer companies, and FSBOs, the fastest way to sell a house is through a cash buying company. This is because you don't have to do any repairs or renovations, it's fast, and there are no fees involved. However, it's important that you check if the company is trustworthy and has a good track record before selling your home to them.

Selling a house is a huge decision that can have a lot of consequences. It's important to weigh all your options before deciding which way to go. Whichever way you choose, be sure to research your options and get the best advice possible so you can make the best decision for yourself and your family.

A Look at Pradhan Mantri Awas Yojana’s AIM- Building 2 Crore Houses in Villages in 3 Years

A Look at Pradhan Mantri Awas Yojana’s AIM- Building 2 Crore Houses in Villages in 3 Years

PMAY or the Pradhan Mantri Awas Yojana was launched by the Government of India back in 2015. Its mission is to provide affordable housing to both rural and urban dwellers across India through the Credit Linked Subsidy Scheme in association with implementing agencies.

In the budget session of 2019, the Finance Minister of India projected a target of building approximately 1.95 Crore to 2 Crore houses in 3 years from the financial year 2019-20 to 2021-22. Running with a mission of ‘Housing for All’, the scheme aims to reduce the duration of house construction from 314 days back in 2015-16 to 114 days at present.

The Pradhan Mantri Yojana will operate under two segments for the next three years - Urban and Gramin.

There are several key benefits of the Pradhan Mantri Awas Yojana 2020, subsidy on home loan interest rate under the CLSS being one of them.

A Look at the Income Groups and Available Interest Subsidy

  • For the Middle-Income Group – Interest subsidy of up to 4% available on home loans for construction or acquisition of the house.

  • For the Lower Income Group and Economically Weaker Section – Interest subsidy of up to 6.50% available on home loans for house construction and acquisition. Here, individuals can also receive interest subsidy on housing loan taken for constructing rooms, toilets, kitchens, etc. to an existing house.

Beneficiaries of Pradhan Mantri Awas Yojana

Under this renewed scheme, the beneficiaries can either be a household or family, including husband, wife, unmarried sons, and unmarried daughters. Or it can be an adult member of the family with individual income who will be considered as a separate household.

As per the latest update, women can receive priority of house registration under this scheme. Therefore, women meeting the PMAY eligibility can acquire a new house conveniently under this scheme.

Now, check out the PMAY eligibility criteria lenders would require you to meet to avail a home loan under the PMAY scheme.

Eligibility Criteria You Should Meet to Avail a Housing Loan

For salaried individuals

  • Age between 23 and 62 years.

  • Be a resident of India.

  • Be a salaried individual with at least three years of work experience.

For self-employed individuals

  • Should be an Indian resident.

  • Must age between 25 and 70 years .

  • Must be self-employed with a business continuity of at least 5 years.

Additionally, the person must also earn within the income range based on the economic group he/she belongs to.

  1. Economically weaker section – Rs. 0 to Rs. 3,00,000 per annum.

  2. Low-income group – Rs. 3,00,001 to Rs. 6,00,000 per annum.

  3. Middle-income group I – Rs. 6,00,001 to Rs. 12,00,000 per annum.

  4. Middle-income group II – Rs. 12,00,001 to Rs. 18,00,000 per annum.

For these income groups the eligible housing loan amount they can avail to receive interest subsidy is up to Rs. 6 Lakh, Rs. 6 Lakh, Rs. 9 Lakh and Rs. 12 Lakh respectively.

So, choose your lender carefully and apply for your Pradhan Mantri Awas Yojana loan to finance the purchase of your house. Receive interest subsidy and repay your loan conveniently.

Advantages of Selling a House for Cash

Advantages of Selling a House for Cash

Selling the house is a frustrating process. It can be a time-consuming process and wonder who has time these days? Who has time to find a buyer or to prep the house for the market or deal with long days of putting the house for sale? With so much on the plate, it is difficult to manage the complex process of selling a house.

In the world of technology where everything is just a click away, we all want to get our jobs done, quicker and effectively. Patience is no longer a virtue, especially when it comes to selling a home fast.

Following traditional ways of putting a house for a sell may require time and patience. Most importantly, it can be expensive in a hiring agent and completing the fixtures.

If you wish to sell the house fastest, quickest, and the most stress-free possible way- is to sell a house for cash. Whether we need quick money or just want to be from the hassle, selling a house for cash has numerous advantages to offer.

Advantages of Selling a House for Cash 

Here are a few advantages of selling a house for cash:

Cash is the king. If we are facing pitfalls, relocation, or bankruptcy, selling a house can be a lifesaver for us.

Fewer sales fall

Cash sale can eliminate all the fear of accepting an offer only not to lose a buyer. Also, it eliminates all the drill of the familiar drill of buyers when they can't qualify for the loan. By selling a house for the cash, there is no fear involved. Once the cash is passed along, there is no way to change the decision and back off at the last moment.

When we sell a house on cash, there are no extra fees involved. Meaning, we can get all the cash from the deal, without giving charges to the third-parties.

Some companies like Greater Houston Houses who buy a house to help you sell our house for cash in the most convenient way.

No repairs require

Forget about deep cleaning, floor repair, and interior decorations with cash sell. If we choose the alternative way than the tradition selling procedure, we don't have to worry about preparing a house for the sell. The buyers will buy a house "as it is".  They will look at the value of the property, instead of how it looks.  When we go for sell with cash, buyers will bear all the fixture cost.

Neither do we have to worry about getting less cash due to the appearance of a house.

The process is simple and quicker

The main advantage of why most people now give a call to 'sell my house fast for cash' is because the process is quicker as compared to the traditional cash selling process. We don't have to wait for days in looking for the buyer who takes an interest in our house and completing the complicated paperwork or wait for the bank's approval for the loan to get the money.

Also, the process is simple. Sell the money, get the cash in pocket. No waiting, no delay.

Sell your house today, get the cash, and eliminate the stress!

Now that you know the advantages of selling a house for cash, you can get started, without worrying about anything. To sell your house fast in Houston, immediately contact Greater Houston House, they will accept a house, without repair, visit your place, buy your house, get the paperwork done, and gives the cash. Once we give a call to them, they make sure we sit relaxed. All our stress will be managed by them.

To know more about their process, visit Greater Houston Houses.

6 Ways to Gain Clients as a Property Manager

6 Ways to Gain Clients as a Property Manager

According to the Rental Protection Agency, the rental market gains 2,654 new people every day. This exponential growth of potential tenants demands the attention of quality property manager. Why can’t that quality PM be you?

Sure, you’re willing, but maybe you’re not getting many clients. How could this be, what with all the people in America looking to rent? With property management, for example, both seasonal and long-term rentals are in abundance. Given this, you would think that finding clients is easy.

The truth is far from that.

There are plenty of landlords that could use a hand, but you’ll never find them if your strategy is weak. Your best bet is to study hard and study often to learn all the secrets of the industry. Another necessary action is to network and market like crazy. The results will be rewarding.

Below are such tips to help you in your journey. Read on to learn 6 ways to bring in more clients to your property management business.

1. Join Reputable Groups

You’ve probably heard before that if you want to gain clients you need to network. Of course, this is true, but how does one go about networking?

Joining groups is a great place to start as a property manager.

Consider joining a local business club such as a BNI where you have a solid group of people who will turn over referrals to you. You can also join reputable organizations such as a Chamber of Commerce, the Better Business Bureau or Angie’s list.

This association and high visibility will help potential clients gain more trust in you. They will also recommend you to their friends and connections.

2. Ask for Referrals

Instead of wondering for the ways to find new clients and being hesitant asking for the referrals, just ask! Start with your immediate circle and their friends or families, then branch out.

Try asking the clients that you already have. Let them know you are looking to bring in more businesses and they may spread the word to their friends or coworkers.

Also ask realtors, home improvement contractors, and home designers. These people generally know who is renting or selling their home. They can clue you in on who may need your services or even refer their clients to you as well.

3. Check Out Rental Ads

Go online and check out the popular rental and home sites such as HotPads, HomeAdvisor, Zillow, or Trulia. Try reaching out to the landlords that are using these websites. Don’t rule out the classifieds in print and digital newspapers. This is often a great source people forget about.

Often, people are completely oblivious to the legal risks that they could be facing. Not to mention, when issues arise, they may not be properly equipped to deal with them. Some landlords never even consider residential property manager or management, so making a few smart points can take you far.

Sometimes, they don’t even know they needed your help until you make some very smart points!

4. Great and Useful Website

As with any company in 2018, your website is the focal point to your business - only second to the physical location. It’s important to make sure the website is fast, visually striking and responsive on all devices. These three factors alone will put you far ahead of your competition.

It’s also important that you make your website as useful as possible. Make sure all the information is clear and easy to find. Use up to date software that makes life easier for your clients and tenants. Add some easy access perks online payments or maintenance schedule.

You can also advertise to prospective clients by putting up proof of your work.

5. Get Proof of Your Work

How do you expect to market properly, if you have nothing to show for all your effort? Take photos and video where applicable to show the dedication you put into your Cape Cod property management services.

Keep records of everything you do for your clients including the problems that occurred and the solutions you provided. It’s good to have case studies handy to help answer questions.

Make sure to get tons of reviews. This can be especially easy if you require entrance and exit surveys from your tenants and landlords. This will prove to be valuable in helping you build a strong and trusted presence in the industry as a property manager.

6. Strong Digital Marketing

Digital marketing via search engines and social media are other ways to help you build a strong presence. Through social channels like Facebook, Yelp and LinkedIn, you can gain valuable insights on both prospective clients and tenants.

Not to mention, it helps with branding in which you can make a clear distinction between your business and your competitors. Take this opportunity to highlight your values, strengths, and goals. You can also learn ways to align your vision with that of your target market.

But it doesn’t stop at social media. You must use all possible ways online to spread the words about your business as much as possible. This is done through search engine optimization. One could write a book on the subject but suffice it to say that it contributes to strong branding and customer relationships.

According to a Survey done by HomeUnion, homeownership has dropped by almost 10% in the past few years. From this, one can take it that the rental market is ripe for the taking for a property manager. Given this, the time is now to study up, build your brand, and then start bringing in new clients.

Hopefully, you’ve found these tips useful to get your business turning in the right direction! Contact real property management associates for more tips.

Traditional vs. Online Commercial Real Estate in Atlanta

Traditional vs. Online Commercial Real Estate in Atlanta

Gradually in our modern world, the presence of the internet, along with its endless options continues to dominate the way we use technology. The internet has the same influence, which is clearly visible in traditional and online commercial real estate spheres. The instant and fast connectivity to the internet enables people to come closer. In addition, it helps the property market in Atlanta, and businesses to associate with each other and be able to come to valuable negotiations.

Nowadays, most of the real estate dealings proceed with the help of the internet, where people who wish to invest in selling or buying their property contact commercial real estate brokers Atlanta, Georgia online, and provide them with their details. Through online real estate platforms, buyers and sellers register themselves to access various options.

Online Commercial Real Estate Portals

With everything moving to the internet, compared to traditional real estate options, people prefer to turn to platforms that offer property sellers and buyers the perfect place to link up with each other. Such portals have estate agents, or a list of individuals and developers that wish to put up their property for sale, whether it is residential, commercial, or industrial. In addition, you can access the help of various real estate agents, consultants, and brokers.

Property Listings Online

Property listings online are a part of real estate portals, and these act more like classifieds. This means, where the sellers add details about the commercial property they wish to sell or rent. The buyers also add in their budget and requirements.

Online commercial real estate works in a unique way to connect investors with more options in investment opportunities. They provide the right infrastructure for a sponsor to receive the right information they need about investing in the commercial real estate market. Online options, when compared to traditional ones address various problems and let investors gather the right information, make smart, swift decisions, and weight all the possible options.

In Atlanta, turning to online commercial real estate options brings a plethora of positive options, solutions, including:

Time-Saving

These days, every person is stuck with a hectic routine, and making time to search for homes through the traditional means (visiting brick and mortar offices of real estate agents) is a problem when it comes to searching for a commercial property for business needs. For such individuals, property portals and the help of estate agents at Atlanta Commercial along with listings is a boon. People can simply log into these portals and search for the type of commercial property they need for their business use.

Quick Search

Online commercial options make it a lot faster to search for commercial buildings. A visit to a traditional office means you have to wait for the agent to the first search for suitable options. They will take your details, and try to understand exactly what you are searching for before they start their hunt. In the end, this is a time-consuming prospect. On the other hand, online searching offers the fastest means of finding a suitable property. Just within a couple of minutes, through the click of a button, you can look at several properties and make quicker deals.

A Broader Reach

With the help of commercial real estate online, just by using your PC, you can get the most information about different properties in any part of Atlanta. Search for affordable homes, nearby facilities, and get more information about the property before you seal the deal.

More Options and More Credible

When you have an online portal, this adds to the builder or developer’s credibility. The buyer people that seek commercial properties to rent can gain more trust if they have an online listing. Most accredited investors also get the chance to browse through multiple options and determine which options suit their budget best.

Transparency

A good online real estate should also facilitate a strong bond between investors and sponsors. The people in search of an Atlanta retail space for sale can present their approaches to the type of ownership and operations they wish to execute, along with their business plan for the property. The right platform would provide them with the right means to educate potential investors about their investment focuses, and records of accomplishment, along with the best strategies to invest in real estate. The right platform should be able to provide and present the right kind of detailed information about the property and the documents needed.

When it comes to the online commercial real estate, there are several flexible options. You should just ensure that you take your time to evaluate the best realtor options you have in hand. The real estate company you choose to work with should have enough knowledge about the local area and provide you with the best options in commercial property.

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