Suppose you have an abandoned or vacated property in Norman Oklahoma and would like to sell it. We understand the stress and financial issues you may be facing, so we’ve gathered the following information to help clarify the process of selling your unwanted property in Norman.
Read on as we explore the best way to sell an abandoned property in Norman, OK.
Assessment
The first step to selling an abandoned property in Norman is to take a realistic assessment of any damages and gather estimates for making repairs. Then, once you have inspected the property and understand the costs involved in rehabilitating it, you can determine if it is worth making the repairs and selling at full market value for the highest profits. Or, if you don’t have the time, finances, or energy to pour into a potential money pit, you may decide you’re better off by selling the property as-is. Selling a property as-is shouldn’t cost you anything out of pocket. Most of your closing costs and commissions (assuming you hire a Realtor) will come out of proceeds at closing. When selling to an area home buyer such as Metro Cash Offer you get paid the full contract price at closing since there are no fees and we cover all the closing costs for you.
Price
Setting the price at the correct market value is another tip to help sell an abandoned property in Norman. However, setting the asking price too high is likely to backfire with abandoned property. Today’s savvy buyers know and will simply scroll by your listing online, seeking a better deal for their money. And, if you set the price too low, you could scare away potential buyers assuming something more is wrong with the listing. On the other hand, working with a direct buyer like us at Metro Cash Offer means that you will know the amount your home is currently worth on the market. Therefore, you will know exactly how much you’d profit from listing and selling to an owner-occupant vs selling as-is to a reputable home-buying company. We do this because we want you to make an educated decision about which method is best to sell your home so you will feel good about the deal long after closing.
Method
If you’re considering selling a vacant house in Norman, Oklahoma, you may be wondering whether to sell it through a real estate agent or to a cash buyer. While both options have their advantages, there are several reasons why selling to a cash buyer may be a better option for you.
- Speed and Convenience: Selling your house to a cash buyer is usually a faster process than listing it with a real estate agent. Cash buyers can often close on a sale within a few days or weeks, while selling through a real estate agent can take several months or more. Additionally, cash buyers typically purchase the house as-is, meaning you don’t have to worry about repairs or renovations before selling. This can save you time and money.
- No Fees or Commissions: When selling through a real estate agent, you’ll typically have to pay a commission of 5-6% of the sale price. This can be a significant amount of money, especially if you’re selling a high-value property. Selling to a cash buyer means you won’t have to pay any fees or commissions, which can save you thousands of dollars.
- Certainty and Security: When you sell your house to a cash buyer, you don’t have to worry about the sale falling through due to financing issues or other problems that can arise when selling through a real estate agent. Cash buyers have the funds available to purchase the house, so you can be confident that the sale will go through as planned. Additionally, selling to a cash buyer can provide you with a sense of security and peace of mind, as you won’t have to worry about the property sitting on the market for months on end.
- Flexible Terms: Cash buyers are often willing to work with sellers to come up with a flexible and convenient closing date, which can be particularly helpful if you need to sell quickly or have other constraints.
Overall, selling your vacant house to a cash buyer in Norman can be a smart and convenient option. It offers several advantages over selling through a real estate agent, including speed, convenience, savings on fees and commissions, certainty and security, and flexible terms.
Listing your home on the market may not be the best way to sell an abandoned property in Norman, OK. Sell yourself as a “For Sale By Owner” and save commissions but you do all the work. List with an agent. Causing you to deal with showings, appraisals, inspections, cleaning, repairs, and additional holding costs such as insurance, mortgage payments, maintenance, property taxes, etc. Or sell to a cash home buyer who has the ability to close fast and purchase as-is. When we buy houses in Norman, we buy them in the condition they are in right now. No need to clean, skip the hassles, a one-stop shop for easy real estate transactions.
Metro Cash Offer
It’s clear to see that by selling directly to Metro Cash Offer, you save time, money, and headaches, so why not choose the best way to sell an abandoned property in Norman Oklahoma? The difference starts with communication, so talk to one of our direct buyers at Metro Cash Offer with no obligation. We take the time to stop and listen to answer your questions thoroughly and address any concerns you have about a direct sale. Why not call for a no-obligation consultation and see how a direct sale can potentially help solve your problems in selling your abandoned property in Norman. Call Metro Cash Offer at (405) 754-2444.