Relocation requires a high degree of coordination. Every week, we receive calls from local Phoenix homeowners who are selling their homes and tell us, “I’m moving and need to sell my house in Phoenix.” The good news is that since we’re now actively buying homes in Phoenix Arizona, we can assist a large number of those sellers in selling their properties swiftly.
The stress of moving in the first place—often due to a new job or a sick relative—combines with the overwhelming quantity of details that need to be organized. However, a genuine need to relocate always comes with an important turning point.
So how can you maximize challenging circumstances?
Avoid Frustration and Instead, Plan.
You don’t want to find yourself having to pay for the upkeep and ownership of a house that is unoccupied for two years. It doesn’t have to be that way; that gets costly.
Even though Phoenix‘s market is now very stable, anything can happen in an instant. Over the last few decades, we’ve heard some pretty terrifying tales. You most likely don’t have the luxury of waiting it out unless you’re quite wealthy.
So how do you choose wisely when you have to sell your Phoenix Arizona home quickly since you’re moving?
I’m moving and I need to sell my house in Phoenix quickly. Your Options And Choices
First…
- Find out the value of your home by getting in touch with us or a respectable real estate agent, and we will provide you with a free, no-obligation evaluation of your property. Knowing what the house could be sold for in the present market can help you determine a foundation for your best strategy moving forward.
- Determine how quickly you must sell your home after moving: This is quite significant. I’ve known professionals who relocated out of state for work, only to find that their house was listed for more than a year before selling for a significantly lesser amount than they had anticipated. Determine how quickly you must sell your home as well as how long you can continue to make your insurance and mortgage payments.
- Look for an honest real estate broker. Prior to beginning to pack boxes: Start the process as soon as possible to avoid wasting time. You lose money every month that you have to wait to sell the house or every month that it takes. Alternatively, we are a respectable local house buyer and would be happy to provide you with a quick, fair all-cash offer if you would prefer not to use a real estate agency.
- Determine the benefits of selling your home quickly versus “waiting it out” for the ideal price: Everybody wants to get the best price when selling their house. However, calculating the expense of maintaining this residence is something that a lot of people overlook. The expenses include the mortgage (which, assuming you’re still in the first ten years of the loan, will mostly cover interest and very little principal), insurance, taxes, upkeep, and other miscellaneous expenses. Suppose you wish to get $200,000 for the sale of your home. and your monthly mortgage payment is $1,200, along with $200 for taxes, $100 for insurance, and $100 for upkeep (such as repairs for your lawn or other care while you’re away). These expenditures total $1,600 monthly in “non-equity building” costs. If it takes you seven months to sell the house for the $200,000 you paid for it through a real estate agent, you would have paid $12,000 in real estate agency fees (assuming 3% for the buyers agent and 3% for the selling agent) in addition to $11,200 in DIRECT “holding costs.” $23,200 in lost revenue in total. The value of your time, your anxiety about the house sitting on the market, the missed opportunity cost of what you could have done with that extra money during those seven months, etc., are all not even taken into consideration. The true cost to you was therefore probably closer to $30,000. What if, however, you sold your home the next week and avoided all of that? Selling the house now at a discount to a home buyer like our company is still preferable to selling it seven months later at full price (and incurring holding costs and real estate agency fees) even if the sale amount was less than the retail price, let’s say $175,000. Seem reasonable?
- Act now! Regardless of what you decide, act on it. It’s fantastic if you want to hire a real estate agent! Locate a trustworthy Phoenix Arizona agent in your area. Selling your house to us though could be a good alternative if you’d prefer not have to wait and not have to pay real estate brokerage commissions 🙂.
If you have a wonderful property and plenty of time on your hands, you might want to put it up for a high price to see how the market reacts. Someone might just happen to fall in love and be prepared to overpay; after all, people will do absurd things they love.
In truth, most properties are really subpar. Like people who live close to one other, they also tend to have a lot in common with the other houses around them. Therefore, pricing at the highest point won’t get you the most money in the market unless your property is actually unparalleled as in magazine-quality extra-special.
You can also benefit from simultaneously listing your house for sale and for rent, just to see what goes first. It might be confusing even for seasoned real estate brokers to keep control over the process though, so be prepared.
In some circumstances, we might work with property owners to assist them get lease option agreements, in which highly qualified buyers rent the property for a predetermined amount of time before making a purchase.
In other situations, we might assist with loan renegotiation, monthly payment assistance, or a bank short sale.
We enjoy helping others in resolving challenging issues.
You can close the gap and get where you need to go using creative ideas.
How Can We Help You If You’re Relocating And Need To Sell In Phoenix? Who Is BE Buys?
We are local homebuyers. We purchase houses from Phoenix homeowners who need to sell quickly for a variety of reasons so we can support our families and improve our neighborhoods.
Sellers that typically collaborate with us include those who…
- Need to sell quickly—if necessary, we can close in as little as 48 hours.
- Not interested in the trouble of listing a property with a realtor
- Refusing to pay real estate commissions
- For whatever reason, they are unable to sell their home (we purchase homes in their current state).
- …or for a number of additional reasons
However, we’re dedicated individuals that support the Phoenix community.
We are direct and truthful.
We can close quickly with cash, and we’ll give you a price that’s fair.
Selling your home remotely is possible if you have the patience to wait and the means to employ experts. That gamble might pay off in some cases. We wish we had the crystal ball to forecast your best; however, we can only speak from experience.
Please reach out by filling out our form or give us a call at 480-237-9387 to chat any time. We’re excited to assist you in finding the answers to your most difficult questions regarding your Phoenix real estate.