Sometimes plans don’t come to fruition, and investment property can become a burden, depleting your time and funds. If you’re holding an unwanted investment property, you can take steps to exit the property quickly. Likewise, if you’ve inherited real estate and it’s draining your wallet and wearing on you emotionally, as challenging as it may be, it may be time to let the property go. In this article, we’ll explore how to quickly sell your unwanted investment property in Reno and the surrounding area.
Understand the Market
Understanding the current atmosphere of the Northern Nevada real estate market will go far to help you quickly sell your unwanted investment property in the Reno area. You may have already noticed it as well, but many experts are predicting a slight decline in existing home sales, so there’s no time like the present to list if you want to get your property sold sooner rather than later. Unfortunately, the statistics are abysmal for those considering listing on your own as an FSBO to save the real estate commissions for yourself. But did you know there’s another option? Local companies that buy houses such as Envy Property Solutions, LLC can provide you with all the services of a professional during the sale process and a plus side is they don’t charge commissions. So when you sell directly to a professional home buyer from Envy Property Solutions, LLC, you won’t pay any hidden fees, and you won’t even pay closing costs.
Asking Price
With a grasp on the market and a comparison of like properties near yours to help you set the right asking price, you can quickly sell your unwanted investment property in Reno or the surrounding area. If you’re too high or too low, you’ll add days on the market to your listing and likely earn far less profit. The people that buy homes at Envy Property Solutions, LLC will detail what you’d profit from listing vs. an offer to buy your property directly, so you can compare for yourself and make an educated decision about what is best in your situation.
Prep
Now that you’ve listed, it’s time to add a fresh coat of paint and update any outdated decor, replacing worn surfaces such as flooring our countertops to quickly sell your unwanted investment property in Reno. A direct sale to a local cash home buyer like those at Envy Property Solutions, LLC means you won’t have to worry about prepping.
Repair
If repairs are necessary, it’s best to have them completed before listing to quickly sell your unwanted investment property in the greater Reno area. If an inspection uncovers problems, your deal may fall through, or your buyers may ask for a credit to cover the repairs, typically using outrageous estimates for their request. On the other hand, a reliable home buying company such as the folks at Envy Property Solutions, LLC will buy your property completely as-is, so you can relax and stop worrying about what else you might discover once repairs start.
Market
Marketing is necessary to quickly sell your unwanted investment property in Reno. For today’s listings, the standards include high-quality digital photography and 360-degree drone videography, as well as staging services, which all require hiring professionals. Additionally, it’s vital that your listing is on the top real estate sites. Finally, selling directly to a local home buying company like those at Envy Property Solutions, LLC means you can put your wallet away because there are no out-of-pocket expenses.
Envy Property Solutions, LLC
The professional home buyers at Envy Property Solutions, LLC can help you quickly sell your unwanted investment property in Reno for the highest possible profit, even if we advise you to list with an agent because we want what is best for you, our neighbors here in the Reno area. At Envy Property Solutions, LLC, our policy is full transparency because we want you to feel good about working with us long after you’ve left the closing table. Talk to one of the professional cash buyers at Envy Property Solutions, LLC today; they’ll stop everything and listen so that they can help you. Call Envy Property Solutions, LLC at (775) 391-5236 and let us help you find the best solution for your situation.