Will you be listing my house on the MLS or actually buying it?

Great question. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses Calgary that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.

Do you pay fair prices for properties?

Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another homeowner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time or effort or expense is required on your part of fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)

How do you determine the price to offer on my house?

Great question, and we’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.

Are there any fees or commissions to work with you?

This is what makes us stand out from the traditional method of selling your house: There are NO fees or commissions when you sell your house to us. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) and sell it for a profit (we’re taking the risks here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and its payments… and often with cash in your hand).

How are you different from a real estate agent?

Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 6-12 months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different: We’re not agents, we’re home buyers. Our company actually buys houses. We don’t list houses. Since we’re actually the one buying the house from you, and we pay with all cash… we can make a decision to buy your house within a couple of days (sometimes the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).

Is there any obligation when I submit my info?

There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.

How to Get Rid of An Unsellable House?

Do you find yourself stuck with an unsellable house that’s just sitting there, draining your resources and causing stress? If so, you’re not alone. Many homeowners struggle with this problem, but the good news is that there are solutions available. There can be a variety of reasons why a house is not selling to potential buyers.

However, with the right strategies and techniques, you can successfully sell your property and move on to greener pastures. In this article, we will explore the various options for getting rid of an unsellable house, so you can make an informed decision and get back to enjoying life. Let’s find out how to get rid of an unsellable house.

Reasons why a house is unsaleable

There are many reasons why a house may be considered unsellable, and it is essential to understand these factors in order to determine the best course of action for getting rid of your property. We will explore some of the most common reasons why a house may be unsellable and what you can do to overcome these challenges.

Location

The location of a house is one of the most significant factors in determining its marketability. A home that is situated in a high-crime area, far away from amenities or public transportation, or in a flood zone, may be considered unsellable by potential buyers. While you may not be able to change the location of your home, you can still work to make it more attractive to buyers. This may include investing in home security systems, landscaping, or home improvements that increase curb appeal. Please click this link to find more ways to sell your home in an undesirable location.

Condition of the property

Another factor that can make a house unsellable is its overall condition. Homes that are in need of major repairs or renovations may not be appealing to buyers, especially if the cost of these repairs is too high. This can include everything from outdated fixtures and appliances, to roofing and foundation problems. If your home is in poor condition, it may be necessary to invest in repairs or renovations in order to make it more sellable.

Market conditions

The real estate market is constantly changing, and the state of the market can greatly impact the sellability of a house. If the market is in a buyer’s market, with a large supply of homes and a limited demand, it can be more difficult to sell your home. On the other hand, if the market is in a seller’s market, with low inventory and high demand, it may be easier to sell your home. It is important to understand the current market conditions and what they mean for your property.

Overpriced homes

Another common reason why a house may be unsellable is due to it being overpriced. Homes that are priced significantly higher than comparable properties in the area are less likely to sell, as buyers will simply opt for more affordable options. If you have priced your home too high, it may be necessary to adjust the asking price in order to make it more appealing to potential buyers.

Staging

The way a home is presented to potential buyers can also impact its sellability. Homes that are cluttered, poorly lit, or lack a cohesive design style can be unappealing to buyers. In order to overcome this challenge, you may need to invest in staging, which involves preparing the home to look its best for potential buyers. Ways to attract a buyer This may include cleaning, rearranging furniture, and adding decorations to enhance the home’s appearance.

Personal issues

Personal circumstances can also play a role in making a house unsellable. For example, if the home is associated with negative personal experiences, such as a divorce or the death of a loved one, it can be difficult to sell.

Additionally, if the seller is in a rush to sell their home, this sense of urgency may be perceived by potential buyers, making the home less attractive. These are just a few of the many reasons why a house may be considered unsellable.

However, with the right strategies and techniques, you can overcome these challenges and successfully sell your home. Whether you need to make repairs, stage your home, or adjust the asking price, there are many steps you can take to improve the marketability of your property.

How to Get Rid of An Unsellable House?

Getting rid of an unsellable house can be a challenging and stressful task, but there are several ways to overcome this issue and sell your property. Whether your home is unsellable due to location, condition, market conditions, or personal circumstances, there are steps you can take to make it more appealing to potential buyers. Here are some effective ways to get rid of an unsellable house:

Price adjustment

One of the most straightforward ways to make a house more sellable is to adjust the asking price. If your home is overpriced, potential buyers may simply opt for more affordable options. It is essential to do your research and compare your home to similar properties in the area to determine the correct asking price. Consider working with a real estate agent who can help you price your home competitively.

Home improvements

If your home is in poor condition, it may be necessary to make repairs or renovations to make it more appealing to potential buyers. This can include fixing any structural or cosmetic issues, updating appliances and fixtures, and improving curb appeal. While these improvements can be expensive, they can help increase the market value of your home and make it more attractive to potential buyers.

Staging

The way a home is presented to potential buyers can have a significant impact on its sellability. Staging involves preparing the home to look its best for potential buyers. This can include cleaning, rearranging furniture, and adding decorations to enhance the home’s appearance. Staging can make a house look more spacious, inviting, and well-maintained, increasing its appeal to potential buyers.

Marketing

Another way to make your unsellable house more attractive to potential buyers is through effective marketing. This can include listing your home on popular real estate websites such as Fsbo.ca, Alberta house partners, kijiji.ca, utilizing social media platforms instagram and Facebook, and holding open houses. You can also consider hiring a professional photographer to take high-quality photos of your home, which can help showcase its best features.

Alternative sales options

If traditional methods of selling your home are not working, there are alternative options available. For example, you can consider selling your home to a real estate investor or a property buying company. These companies can often offer a quick and hassle-free sale, even if your home is in need of repairs or renovations. Another option is to sell your home through a short sale, which involves negotiating a sale price with your lender that is lower than the amount owed on your mortgage.

Renting

If selling your home is not a viable option, you can consider renting it out with Rentfaster.ca. This can provide a steady stream of income while giving you more time to sell your home when market conditions improve. It is important to understand the responsibilities of being a landlord and ensure that your home meets all local housing regulations before renting it out.

Be flexible

If you are looking to get rid of an unsellable house, it is essential to be flexible. This may mean adjusting your asking price, making repairs or renovations, or considering alternative sales options. By being open to different solutions, you can increase your chances of successfully selling your home.

Final Words

Getting rid of an unsellable house requires patience, effort, and a willingness to consider different options. By making repairs or renovations, staging your home, and effectively marketing your property, you can increase its marketability and find a buyer who is willing to purchase it. Additionally, considering alternative sales options, such as renting or selling to a real estate investor, can help you get rid of an unsellable house and move on to greener pastures.

FAQs

How can I adjust the asking price of my unsellable house?

To adjust the asking price of your unsellable house, it is essential to research similar properties in the area and compare their prices to your own. Working with a real estate agent can also be helpful as they can provide an expert opinion on the correct asking price for your home.

What home improvements can I make to increase the sellability of my house?

To increase the sellability of your house, consider making repairs or renovations to fix any structural or cosmetic issues. Updating appliances and fixtures, improving curb appeal, and cleaning and decluttering can also help make your home more appealing to potential buyers.

What are the alternative sales options for an unsellable house?

Alternative sales options for an unsellable house include selling to a real estate investor or a property buying company, participating in a short sale, or renting the property out. These options can provide a quick and hassle-free sale or a steady stream of income while you wait for market conditions to improve.

What should I consider before renting out an unsellable house?

Before renting out an unsellable house, it is essential to understand the responsibilities of being a landlord please view Alberta Landlord and tenants-rights and responsibilities and ensure that your home meets all local housing regulations. You should also consider factors such as rental demand in the area, rental rates, and the costs associated with being a landlord. By doing your research and understanding the process, you can ensure a successful rental experience.