If you’re planning to sell your house in Akron Ohio, it’s essential to explore your options and choose the approach that aligns with your goals and circumstances. So, let’s dive in and take a look at what is required to sell your house in Ohio.
Understanding the Ohio Real Estate Market
A great first step before jumping into the selling process is to have a clear understanding of the Ohio real estate market. Factors such as market conditions, inventory levels, and buyer preferences can influence your selling strategy and pricing decisions. Conducting thorough market research, consulting with real estate professionals, and analyzing recent sales in your area will help you gain valuable insights and set realistic expectations. You will want to know how much houses like yours are selling for, what sellers are looking for, and how long home sales are taking on average.
Preparing Your House for Sale
Once you’ve evaluated the market and have a good understanding of what sellers are looking for, it’s time to get your house ready to sell! Here are some key considerations when selling your house in Ohio:
- Assessing Repairs and Renovations: Determine what repairs and renovations are necessary to make your house marketable. At the very least, a fresh coat of neutral paint can do wonders to the appearance of a property. Depending on the current condition of your home, you may want to do even more! You may be looking at a full house renovation, or perhaps just a “refresh.” This can include updating all of the fixtures, lighting, and landscaping for curb appeal.
- Disclosing Property Condition: Ohio law requires sellers to disclose known material defects to potential buyers. Be transparent about the condition of your property, and provide any relevant documentation, such as inspection reports, to inform buyers about the current state of the house. Property condition can include negatives (repairs needed) but also positives. Do you have a roof with a transferrable warranty? Put this in your listing! This helps advertise the home to sellers.
- Clean, clean, and then clean some more: Did we mention you should clean? On a serious note, having a clean and decluttered home is one of the most important aspects to making a good first impression for buyers. Do a thorough deep clean of the inside and the exterior of the home. In addition, decluttering can make the space feel more open. Clear off the counters, and go through closets to make sure they aren’t stuffed full of your items. You want buyers to be able to visualize themselves in the space and get the impression that there is plenty of storage available.
Pricing Your House Competitively
No matter how great your house looks, if it is priced too high it will just sit on the market. Conversely, if you price it too low, then you are not getting as much money as you could for the home. Pricing the house correctly is essential.
- Comparable Sales: Analyze recent sales of similar properties in your area to gauge the market value. Look at factors such as location, size, condition, and amenities to determine a competitive price range. It is important to keep comparable sales recent. The market is constantly changing, and if you are selling your house today, it doesn’t matter what home prices were 3 years ago. In general, keep comparable sales within 6 months of when you are selling to reflect current market conditions.
- Pricing for “As Is” Condition: Selling your house “as is” may warrant adjusting your price to reflect any needed repairs or updates. Be realistic about the pricing to attract buyers who are specifically interested in properties they can improve or renovate. Selling your house “as is” saves you on renovations costs and transfers that expense to the buyer instead.
Marketing Your Property
Once you’ve gotten the house ready to sell and know how much to ask for it, you need to market the property to find buyers. Here are some key steps:
- Professional Photography: High-quality photographs showcasing your property’s best features is crucial. More than likely, potential buyers are viewing your house online first and then deciding if it’s worth setting up a showing. Bad pictures will turn off buyers and could mean a lost opportunity to sell your house. Hire a professional photographer or use advanced camera equipment to capture appealing images.
- Online Listings: Listing your property online is the most common way to market real estate today. While you can still put an ad in the newspaper or place a sign at the end of the street, the fastest and most efficient way in today’s world to reach buyers is by utilizing online real estate listing sites. If you are using a real estate agent, your property will most likely be listed on the MLS and thus displayed on these sites. Of course, you will need to pay commissions to the realtor at the sale for the work they did marketing your property.
The Benefits of Selling “As Is”
Want to sell, but don’t want to deal with the time and hassle of the above steps? Selling your house in Ohio to a cash buyer “as is” may be what you’re looking for. Selling your house “as is” can provide several advantages:
- Time and Convenience: By selling “as is,” you can save time and effort by avoiding lengthy repair and renovation processes. This option allows you to sell your house quickly and move on to the next chapter of your life. Between work and family commitments, many people just don’t have the time to give for home renovations, staging, marketing, and showing the house for sale.
- Reduced Stress and Costs: Selling “as is” eliminates the stress of managing repairs and renovations. You don’t have to worry about budgeting for expensive upgrades or coordinating contractors. There is also peace of mind that comes with a guaranteed sale and knowing that you aren’t dependent on inspections results, appraisals, and the buyer’s bank loan approval to have your house sold.
There’s no right or wrong decision when it comes to deciding how to sell your house in Ohio. What’s important is deciding what is the best decision for you at this time. Reach out to us for a no obligation cash offer if you want to see what you can get for your house as is without lifting a finger or having to do any work to the property.