Selling a house, does fast mean good?
Sometimes our life situation forces us to sell our house quickly, or we assume that it is possible to sell the house just like that, and we look for various ways to sell the house as quickly as possible.
And as a well-known Polish proverb says: , “When man hurries, the devil rejoices”. Acting too quickly can cause us many problems.
It goes without saying that a quick sale of the house is also very desirable and most people aspire to it, but as with everything – you need to approach with caution. Begin, first of all, by dissecting the entire sales plan and think everything through from start to finish.
So what do you need to pay attention to when selling your house fast?
Hasty action.
It is worth paying attention not to act on the spur of the moment and not to take the decision to sell a house too recklessly. It is worth analyzing whether we really want or need to sell the house. Think through all the arguments for and against. This is quite an important decision, because we are selling a place with which we are usually sentimentally connected and have many memories, good and bad ones. A temporary lack of cash is not a very good advisor. That’s why time, so that we can think about everything calmly, is so very important.
Inaccurate home valuation, mostly too low.
This is another issue that is very often associated with the quick sale of a house. Our valuation cannot be supported by the fact that we suggest properties in our area, or what our relatives suggest to us. Valuation is much more complex, independent estimation is very difficult. By our own analysis, we can underestimate the value of a house by up to 20%. In addition, having more time to sell, we give the opportunity to see the house to more potential customers, and thus the possibility to increase the price.
Choosing the wrong agency.
A quick desire to sell a house can also speed up the process of choosing a real estate agency. Sometimes we call an agency from the first result of a Google search – without any analysis. And we are not able to have a good contact with everyone, from which a lot of misunderstandings can arise. I wrote more about how to choose the right real estate agency in the article: Ranking of Real Estate Agencies – how to find a good Real Estate Agency.
Selling a house on your own.
Selling a house on your own, with no commission for a realtor and on top of that, fast? Sounds like the perfect transaction. But does it really always mean better on your own? Not necessarily, we don’t always know who we’re selling to, we don’t have the knowledge to analyze the other person and we don’t necessarily know how to verify if he is solvent. In addition, not all of us have knowledge of the law and the correctness of contracts, and many times the contract, may contain provisions that can be very detrimental to our well-being.
To sum up:
Selling a house quickly is very rewarding and satisfying, after all, that’s what we all strive for, but we must remember not to make decisions too hastily and recklessly. Above all, have time for in-depth analysis. Real estate is not sold every day.
If you need a dose of knowledge, or do not quite know how to sell a house – feel free to contact our Realtors, who have extensive experience in selling real estate.