Posted on March 12th, 2019, 11:58
Do you want to sell a home for cash in Spokane or Coeur d’Alene? Here are some options:
Regardless of how hopeless your particular situation is becoming, we understand that life throws hurdles in your way. [We fought the bank for 4 years to keep our house and were eventually forced to let it go]. We might be able to help you out of your situation, whether you’re a tired landlord, about to be foreclosed on, have relatives mooching or squatting in your house you can’t get rid of, inherited an unwanted house, or maybe you just want to get out without fixing up your home because you’re tired and retired, and want to move to the Bahamas.
You have a few choices on how to sell houses fast in Spokane. A professional real estate agent will be happy to help sell your home. This will cost you about 9-10% from full service real estate brokers like Keller-Williams or Re/Max. The agent will want you to spend a lot of time and money to get your house in shape to get top dollar, because he or she gets paid a percentage of the sales price, so the higher, the better. Plus, the better your home looks, the more you will make as well.
In our experience, we have never put in less than a hundred hours prepping a house to sell, although we have also gotten top dollar for all but one (in 2007, as the housing market was crashing down on our heads). Then, every time the realtor has a showing, we spent half a day polishing the house and property, only to have the viewers’ kids track mud all over the house (yes, that does happen!).
Then there was the realtor open house, in Coeur d’Alene, where the realtors left half-eaten donuts and paper bags on our counter, food in our fridge, and filled our garbage can half full of trash. It looked like they had a lunch party with their friends and didn’t clean it up. So much for hiring professionals!
More labor intensive yet, and a lot more stressful is deciding to do without any professional help by going the “For Sale By Owner” route. Now, we can say that we have gone that route successfully one time, and very unsuccessfully the other time. If you are in a hot market and can deal with full-time spammers mailing you bogus checks from London (yes, this also is a true story – the check bounced – surprise!), or a million other ways to frustrate you and waste your time, you may save yourself a few percent. It can work. But less often than people like to imagine when they’re trying to sell their homes fast in Spokane or CDA.
A third option could be to negotiate a cash price with a “wholesale real estate buyer” (a.k.a. “wholesaler”) who can assist in handling all the transactions in dealing with a house. If like I opined above, the frustration of an unwanted property is weighing on your life, professional wholesalers may be an option. Of course, these professionals are looking for a bargain, because in most cases the house will need a lot of TLC, and a wholesale real estate buyer will offer a way, often in less than 30 days, to take your home off your hands with relatively little hassle, and put some cash in your pocket.
So, how can I sell my house quickly in Spokane/CDA? The fastest way is to work with a wholesaler. Next would be a realtor. And the slowest way? FSBO.