Do you need to sell your house in Reno or the surrounding area? When most people consider selling their home, they immediately picture calling a real estate agent and listing their home on the MLS. However, selling your home with an agent may not always be the most beneficial way to sell your home.
When selling your home, there are many factors to consider. Such as how much time you have available, your asking price on the market, any repairs or updates the home may need, and if your home fits the preferences that buyers seek in homes today. If not, you also need to consider everything it will take to get your Reno home ready to put on the market.
Lucky for you, we have thought of four unconventional ways to sell your house in Reno and the surrounding areas.
Owner financing is a lucrative yet unconventional way to sell your house in Reno. This method of home sales opens your property up to an entirely different pool of buyers with less than perfect credit who are willing to pay a higher price for the ability to enjoy homeownership while getting their creditworthiness in order. When it comes to this type of unconventional way to sell your home, you are in the driver’s seat and you’re in control. Such as setting a higher sales price for providing the opportunity and taking the risk that the market rises higher, and they are buying at a great price when the option expires two to five years down the road. You also carry risks. If the buyers fail to gain financing and buy you out, chances are that you’ll be dealing with legal battles while still paying the mortgage payments.
Rent with an Option
Rent to own or Renting the home with a contract for an option to buy at the end of a given period, typically two years is a very creative, unconventional way to sell your house in Reno. As the seller, you can charge a more significant upfront deposit towards the downpayment and add more to the rent as credit towards building a larger down payment over time. Again, you can set a premium on the final sales price as well with this method. Because the renters can leave at the end of the contract, they may damage the home or fail to take proper steps for preventative maintenance. Before you sell your home again, the house may be facing severe repair or renovation bills.
One more unconventional way for you to sell your house in Reno is an FSBO listing or for sale by owner. This home sales method is attractive to homeowners who seek to avoid paying high real estate commissions. Regrettably, only about 10 percent of FSBO sellers are successful and have wasted valuable time with their property lingering on the Reno area market. Often this is because of inexperience with marketing real estate and dealing with the negotiations without injecting personal emotions. Homes that have been on the market for a long time rarely sell at current market values.
And last but not least, a direct sale to a company like Envy Property Solutions, LLC is an additional unconventional way to sell your house in Reno, with which most homeowners are unfamiliar. Like most home buying companies, we have the power of cash backing us, meaning that closing can be as quickly as a few days or when it is convenient for you. We will take the time to listen to your needs and will even compare what you would likely receive from a conventional sale with a real estate agent so that you can compare your options. With none of the hoops of listing to jump through, no showings, and no inspections to pass, a direct sale means your house will sell as-is. And of course, at Envy Property Solutions, LLC, we handle everything for you. You don’t even have to clean before you leave, just take what you do want and simply just leave the rest.
In our humble opinion, the best unconventional way to sell your house in Reno is to sell directly to Envy Property Solutions, LLC! Call Envy Property Solutions, LLC at (775) 391-5236 or send us a message today!