What You Need to Know Before You
Sell Your Texas House
Many people have a reason to sell their Texas home, from life events like job
transfers, to a desire to upgrade to a bigger house. Whatever the motivation, when it
comes to selling a property that has sentimental value, most homeowners want to
make sure they’re doing it right. That’s why they seek out advice from trusted real
estate professionals. Getting that expert guidance can help you ensure a smooth
and efficient transaction. But what do you need to know before you start planning
your sale?
The most important thing to know is that timing matters. Different seasons can be
better or worse for your specific market, and certain types of homes sell more
quickly or at a higher closing price in particular months. If money is your primary
motivating factor, it’s best to unload your property during the months most likely to
result in a quick and profitable sale.
It’s also helpful to understand how much it costs to sell a home in Texas, including
the typical real estate commissions charged by agents. These fees are typically a
percentage of the home’s sales price, and they may be negotiable. It’s also worth
mentioning that you’ll need to factor in any escrow fees or transfer taxes that might
apply, as well as your own home inspection fees.
Some tenacious homeowners decide to go the for-sale-by-owner route to save on
realtor commissions, but it’s not always possible to do so without some serious
work. For one, if you’re not familiar with the local market, you’ll have a hard time
determining an accurate listing price for your property. Additionally, without MLS
access you won’t have access to the most valuable data available for marketing your
property, including comparable sales information.
Another big challenge is navigating the often-confusing home sale process, from
initial inquiries to negotiating with buyers and preparing for closing. And, if your
home has a unique feature or condition, you’ll need to find ways to communicate
that to prospective buyers. Lastly, you’ll need to be available for a thorough home
inspection, and most buyers will include this as a contingency in the contract.
The good news is that there are a number of strategies to sell a Texas property,
including working with a cash buyer who can close more quickly than the traditional
mortgage process. Basically, if you have a property and need to sell it, Brady Buys
Homes make you a fair cash offer and close on it when you're ready to sell.