Selling Your Home | What to Do When You Need to Relocate Quickly
You know that selling a home doesn’t just happen overnight. Unfortunately, there are many instances in which you do need to sell it as quickly as possible. Whether relocating for work or for family, you may have no choice but expedite the process so that you can meet your relocation deadline. Follow this step-by-step guide to make this transition as smooth as possible.
A sudden need to relocate can make you feel overwhelmed. Don’t be afraid to ask for help from friends and family members. One of your best resources and advocates will be a trusted real estate agent who knows how to handle fast home sales. Find an experienced agent that has a history of helping other sellers in similar situations — you’ll need to rely on them for more than you realize.
Contact Your New Employer
If you’ve just received the job offer, your next correspondence with your new employer should concern relocation assistance. Most companies offer some form of assistance, whether it’s a flat-rate compensation or help with storage, professional movers, temporary housing, etc.
Assess Your Finances
Once you know how much your company will assist you with the move, it’s time to assess your finances. Moving costs will vary depending on how far you’re moving and what your lifestyle needs will be until you get settled in your new home. The best advice is to dedicate a portion of your savings to this expense. Although you may sell your home for a profitable amount of money, you never want to rely on this until the transaction is finalized.
Assess Your Home
It’s no secret that renovations and repairs go a long way in raising your home’s value. With limited time on your hands, ask your agent to walk your home and suggest repairs or renovations. You can also hire professionals to inspect elements of the home like your HVAC unit and roof so you aren’t surprised by any red flags the home inspector may discover.
List the Home Appropriately
Although time is of the essence, listing the home is not a decision you want to rush until all boxes are checked. Have the home professionally cleaned and staged. Then hire a professional photographer to take high-quality photos for the listing. A half-hearted listing won’t attract motivated buyers. Take the time to invest in this step so you can convince buyers to invest in your home.
Don’t Immediately Purchase a New Home
We never recommend that a homeowner selling a home try to purchase a home simultaneously. Buying a home is a major investment that shouldn’t be rushed. Focus on getting the best offer for your current home, then you can put your effort into finding the right house in your new location.
Be Open to All Offers
If you really need to get your home off of your hands as soon as possible, you should be open-minded about any reasonable offer that is placed. An all-cash offer, even if it’s slightly lower than your asking price, from an investor might be a quick and easy solution. If a qualified buyer has reliable financing and wants to negotiate, hear them out. Your goal is to make this process as simple and swift as possible. Be willing to work with a buyer and they’ll be willing to help you move on as quickly as possible.
Don’t Freak Out
This life-changing move may have suddenly fallen in your lap, but that’s okay! Thousands of people are faced with this situation every year and are now living the next chapter of their lives happily!
Selling a home so that you can quickly relocate may seem like an ordeal, but we assure you that the right real estate agent can help make this process as easy as possible. Follow these steps and you’ll be ready to move on to brighter horizons in no time!
Rachel makes Relocating an easy process. Contact her today at 919-523-7049 to speed up the relocation process. RachelNCRealtor.com