Relocating and needing to sell your house can be a real juggling act. Every week, we hear from local Dallas homeowners either giving us a call or sharing their house details on this website, saying, “I’m relocating and need to sell my house in Dallas.” The good news is that we’re here to assist many of these sellers in quickly selling their houses, as we’re always in the market for homes in Dallas, Texas!
The process of relocation involves a ton of details to manage, not to mention the stress that often accompanies the reason for moving in the first place. Whether it’s a new job opportunity or the need to care for a sick relative, the decision to relocate is always tied to a significant life change.
Don’t Agonize – Organize.
The last thing you want is to find yourself stuck paying the bills for an empty house for an extended period, especially for two whole years. It’s not just costly; it’s entirely avoidable.
Even though the real estate market in Dallas is currently holding steady, things can take a turn unexpectedly. We’ve come across some truly nerve-wracking tales over the past couple of decades. Unless you’re swimming in cash, waiting it out might not be a feasible option.
So, when you’re in the midst of relocating and need to sell your house, how do you navigate the situation and make the best decisions?
Relocating And Need to Sell My House Fast In Dallas… Your Options and Steps
First…
- Find out what your house is worth: Discovering the value of your house is a crucial step, especially if you’re relocating and need to sell your house promptly. You can take the traditional route by reaching out to a trustworthy real estate agent, or you can connect with us for a no-cost, no-obligation property valuation. Understanding the potential selling price in the current market sets the foundation for your decision-making process, determining how quickly you may or may not be able or willing to sell your house, particularly when faced with the urgency of relocation.
- Decide how fast you need to sell your house after you relocate: This is a crucial consideration, especially if you’re relocating and need to sell your house promptly. I’ve witnessed professionals moving out of state for a job, and some had their houses on the market for over a year before finally selling, often at a significantly lower price than they initially hoped for. It’s essential to determine the urgency of selling your house—decide how fast you need the sale to happen and consider how long you’re willing to bear the burden of making two mortgage payments, insurance payments, and other related expenses. This timeframe becomes even more critical when you’re facing the challenges of relocation.
- Find a solid real estate agent BEFORE you start packing boxes: Initiate the process early, especially if you’re relocating and need to sell your house promptly, to avoid unnecessary delays. Every month you wait or every month it takes to sell the house translates to additional expenses. If you prefer not to engage a real estate agent in the selling process, consider an alternative approach—we are a reputable local house buyer ready to make you a fast, fair, all-cash offer. This way, you can streamline the selling process, saving time and potentially avoiding the financial burden associated with prolonged property listings.. Just fill out the form through this link to get started >>
- Calculate the value of selling your house fast vs. “waiting it out” for a dream price: We all want to sell our houses for as much as possible. But one thing many people forget to do is come up with the $ amount of how much it costs you to hold onto this house. The costs involved include the mortgage (which if you’re still within the first 10 years of the mortgage, the majority of your payment interest and not hardly going to principal at all), insurance, taxes, maintenance, etc.Lets say you want to sell your house for $200,000… and your mortgage payment is $1,200/mo, taxes $200/mo, $100/mo for insurance, and $100/mo for maintenance (lawn maintenance, repairs while you’re gone, etc.).Those expenses add up to $1,600/mo in “non equity building” expenses.If it takes you 7 months to sell that house through a real estate agent for that $200,000… it cost you $11,200 in DIRECT “holding costs” + you had to pay $12,000 in real estate agent fees (assuming 3% for the buyers agent and 3% for the sellers agent).Totaling $23,200 in LOST money. That doesn’t even account for the value of your time, your stress in thinking about that property sitting on the market, the opportunity cost of what you could have been doing with that extra money during those 7 months, etc. So the real cost to you was likely closer to $30,000.But, what if you were to sell your house next week and avoid all of that?Even if you sold for a discount below the retail price (lets say… $175,000)… you’re still ahead of the game by selling the house NOW at a discount to a home buyer like our company vs. 7 months later at full price (and paying holding costs and real estate agent fees).Make sense?
- Take action!: Regardless of your decision, the key is to make a choice and take decisive action, especially if you’re relocating and need to sell your house promptly. If you opt for the traditional real estate agent route, that’s fantastic! Look for a reputable local Dallas, Texas agent to assist you. On the other hand, if waiting and avoiding real estate agent commissions align more with your preferences, consider the alternative of selling your house to us. This option can provide a quicker and commission-free solution, which might be particularly appealing when time is of the essence, such as during a relocation.
If I’m relocating and need to sell my house, there are various strategies to consider. If you have ample time and a truly exceptional property, you might test the market by listing it at a higher price, leaving room for potential buyers who might be willing to pay a premium. However, keep in mind that most properties are average, blending in with their surroundings. Unless your house is magazine-worthy, pricing it at the highest point might not be the most lucrative approach.
For those in a hurry, consider marketing your property for both rent and sale simultaneously. This dual approach can help you gauge which option gains traction first. It’s a careful process that requires maintaining control, which even seasoned real estate brokers may find challenging.
In specific situations, if you’re relocating and need to sell your house fast, exploring lease option agreements could be beneficial. This arrangement allows qualified buyers to rent the property for a predetermined period before committing to a purchase. Additionally, we can assist in negotiating loan terms, managing monthly payments, or facilitating a short sale with a bank. Our goal is to provide creative solutions that bridge the gap and guide you through complex problems, especially when you are thinking “I’m relocating and need to sell my house”.
We’re investors. We support our families and beautify neighborhoods by buying houses from Dallas homeowners who need to sell fast for one reason or another.
The types of sellers who tend to work with us include people who…
- Need to sell fast (we can close in as little as 7 days if you need us to)
- Don’t want to hassle with listing a property with an agent
- Don’t want to pay real estate agent fees
- Can’t sell their house for one reason or another (we buy houses in as-is condition)
- … or a variety of other reasons
But we’re passionate people, and we believe in the Dallas community.
We’re honest and straightforward.
We’ll quote you a fair price, and we can close fast with cash.
If you’re prepared to wait and can hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances that risk can pay off.
We’re happy to help you find answers to your toughest questions about your Dallas real estate, so please feel free to call us at (214) 225 - 9225 and chat with us anytime.
