Ready to sell your house in Calgary? Before you spend money making repairs, taking the time to clean it, or signing a listing agreement binding you to an Realtor for an extended period of time, you may want to learn more about your other options. Find out how selling your house directly, as-is to a professional buyer will benefit you!
There are many reasons why someone would want to sell a house in Calgary as-is. Maybe they are worried about COVID-19, getting a divorce (also due to COVID-19), tired of bad tenants, foreclosure, or they don’t want to (or can’t) make the repairs necessary to sell the house on the Calgary area MLS. Selling as-is makes things easier but may not net you the price you were hoping for. With our tips below, you will be able to sell your house as-is, so you can quickly and easily move on with your life.
Showcase The Potential
When selling your house as-is in Calgary, it’s important to show your potential buyers what can be. With a little love and some elbow grease, the property could become the house they have always dreamed of and it is up to you to let them know. You can even use a simulation program to design, repair, and furnish the space, giving your buyers an idea of what could be after they put in a little work. If you’ve watched HGTV and caught any of their renovation shows they often use one of these simulation programs to show the intended result. If your house requires a lot of repairs, renovations, and upgrades, you will have a lot of potential buyers who take one look and walk away, but don’t give up! It is possible to sell your house as-is in Calgary. While the MLS may not always be the right place for the house, there is a direct buyer out there who is ready to purchase your house as-is in Calgary!
As With Life – Focus on The Positive
When trying to find a buyer for your house in Calgary, and you want to sell as-is, you’ll want to highlight all of the great things the property offers. Maybe it is in a great location, maybe the roof was replaced a couple of years ago, or maybe the schools in the area are some of the best around. If your house isn’t the most aesthetically appealing on the block, make sure to bring your buyer’s attention to what makes the property so great. Be sure to highlight all of the great things about the home so that is what they remember instead of the things that are wrong with it. By highlighting the positive, your buyers will have less time to dwell on the negative aspects of the home. That said, make sure any property defects are properly disclosed so you don’t have to worry about defrauding your potential buyers and opening yourself up to a lawsuit.
Lower Your Asking Price
The reality is, when homeowners choose to list their homes in Calgary, in order to sell it fast, they will likely need to lower their prices to get it gone. There might be a lot of competition out there and in order to really get a buyer’s attention, you’ll want to price your house to sell so that the buyer has a reason to look past the deficiencies. If you have had the house on the market for a long time, this may be the best way to say goodbye to your unwanted house once and for all. Keep in mind that as you lower the price that the costs of agent commissions, further negotiations, lawyer fees, and closing costs will still cost thousands of dollars. Do the math, it may not be the solution you’re after once you dive into the numbers. You may want to sell your house directly to avoid having to also spend money on the sale itself. Keep in mind that a direct sale will help you sell your house as-is and walk away.
Offer A Credit
If the house you want to sell in Calgary requires a number of repairs, it may make sense to offer your buyers a “credit” they can use to make repairs or fix up the property as they see fit. Typically this is a strategy utilized by builders as they are able to get the trades at wholesale and therefore offer more value than what it actually costs them. Many buyers actually like this idea as they will be free to make the improvements to the property according to their personal styles and preferences. This opens the door to positives and negatives: the positive is that you can sell your property and potentially “up-sell” the buyer to more renovations than your credit allowed. If you are doing the renovations yourself or are in that industry then some “sweat equity” can actually make you some added profit. The negative to this approach is that if the renovation is behind schedule or not up to the buyers standards, they can hold back funds or even cancel the deal altogether leaving you in a very precarious position.
Find A Direct Buyer
The fastest and easiest way to sell your house in Calgary is to sell your house to a direct buyer who is ready to purchase the property as-is. Working with an Realtor is great, but can cost a lot of money as can doing the repairs that are required can add up to a small fortune. But when you work with a company like ASAP House Buyers, the process is quick and easy. We’ll let you know what we can offer with no obligation.