You should be aware of all of the selling options before selling your house in Little Rock.
A common misconception many first time home sellers have is that they have to use a real estate agent to sell their house. There are other options you have as a seller including selling the house yourself through a FSBO listing or a direct sell to a house buying company. Below we will provide some basic information on what to expect in each of these scenarios.
A Direct Sale
This is a fastest way to sell a house. Typically, a direct sale will involve some sort of real estate investor or home buying company that you will be selling to. For example, working with Sunny Day Homes LLC will allow you to sell your house as-is, avoid commissions, closing cost, and save you a ton of time. You won’t need to spend any time or money on repairs, upgrades, cleaning or staging. We even take care of all of the administrative work and can buy your house within 14 days. A traditional sale can take months, whereas selling directly to Sunny Day Homes LLC will take only a few days.
Selling On Your Own
Selling your Little Rock house on your own will demand more from you compared to a direct sale. We recommend that you at least have a basic understanding of real estate before taking on a FSBO sale. Most importantly, understand your houses true value and what other houses in your area are selling for. This will help you in negotiations. When you are selling your house on your own you will need to do all the work that the real estate agent typically does – including marketing. Prepare to manage listings, market your property on multiple channels, being available to answer questions for buyers, showing the home. etc… We recommend that you speak with a attorney before moving forward with an FSBO to be sure you are completing the transaction properly and legally.
Real Estate Agent
Hiring a local Little Rock agent is the best option for those who do not need to sell quickly, have extra funds to fix up the house, and don’t mind paying commissions and fees. On the other side of the coin, this will often yield top dollar for the home. Once the house is listed, the agent will schedule showings which you shouldn’t be around for. You will have to be prepared to leave your home on a moments notice and always keep it in “showing condition”. If a buyer is found, you will have to go through the escrow process which involves inspections, appraisals, and any other red-tape from the lender. After an offer is accepted, it can be weeks before the property actually closes.
At Sunny Day Homes LLC, we want to help you make the decision that is in your best interest. Whether you decide to sell directly, on your own, or with an agent, make sure to fully explore all your options before choosing how to sell your Little Rock home.