Many unique sales methods can significantly increase your odds when you want to sell a house if you are concerned about attracting the right buyer to your door. Or maybe you’ve been trying to sell a house and haven’t gotten any bites. It can be highly disheartening for your home to sit on the market as the bills continue to pour in. If your home is older, the repairs are non-stop as well. The MLS isn’t a one-size-fits-all system, and some sellers prefer not to go through the traditional listing process. So read on as we explore three unique ways to sell a house in Denver. Zillow also has a great article to read when considering if you should sell your house below market value.
Sometimes you need to list your house below market…
List Below Market
There are reasons to list a house below market value or accept a cash offer to buy your house “as is”. One unique way to sell a house in Denver if you’re concerned you might have trouble finding buyers is to take a proactive stance by initially listing at 20 percent lower than market value. Of course, if buyers aren’t knocking down the door because of the condition of your house, there isn’t likely to be a bidding war, so you should carefully weigh this option. Professional buyers like those at Dragonfly Investment and Development will assess your property and provide you with a comparison of listing vs. selling directly. The professional buyers at Dragonfly Investment and Development want you to make an educated decision about the best sales method for your situation, so they’ll provide you with every number in their calculations. We do this at Dragonfly Investment and Development because we operate with a policy of total transparency; we make an offer you’ll agree is fair.
Other times you can be very creative…
Owner Financing
With the interests rates increasing, a valuable tool to help sell your house is to offer seller financing, which opens your listing to a broader buyer pool, including investors who buy houses for cash. And while the cash buyers are responsible for the property as if it were their own, you’ll still hold the title. Should your cash buyer fail to follow through on the contract, you’ll have the property to sell again. Professional buyers like those at Dragonfly Investment and Development understand that not every seller is in a position to offer this option. If you need the sales’ profits immediately, the professional buyers at Dragonfly Investment and Development offer guaranteed closings in as little as a few days. At Dragonfly Investment and Development, we can offer you a flexible option when considering seller financing. This option allows the seller to receive payment flow without the headache of owning a property and it allows the buyer to negotiate a better buy price on the property; a win-win for everyone. Read the article by Pine Financial Group who provides an example of how this would work.
For Example
I was recently the seller on an owner financing deal in Branson, MO. It was a small hotel that I purchased with the intent to turn it into apartments. I ran into one snag after another and eventually gave up. The city was going to force me to operate it as a hotel, which in this case, was mostly a cash business with high taxes. Since I do not live in Branson, I had to hire property management. Trusting someone else to collect cash payments month after month seemed to be a mistake. Although I cannot prove anything, I have a good idea, and not all the rent was accounted for. Between that and sales tax charged to hotels, I was losing money. This is a deal for someone much more familiar with hotels and maybe someone local that can run it themselves. I ended up finding a buyer on Facebook of all places and financed it for them. This was a smaller deal, and I owned it free and clear. After some negotiations, I accepted a down payment, and we wrote a note at 8% interest for the balance. The note was interest only with monthly payments and a maturity of five years. I was able to turn a property that was losing me money into a cash flowing note. Oh, and the down payment? It was not cash; it was a vacant lot on a lake in New Mexico.
Pine Financial Group, Dec 9, 2020 by Kevin Amolsch
And one of the best ways to sell your house is to a cash buyer! 😊
Dragonfly Investment and Development
Among the unique ways to sell a house in Denver, the best way is to sell directly to a “buy my house for cash” company like Dragonfly Investment and Development. We handle all the complicated paperwork and we buy homes directly for cash in as-is condition so you can forget all your worries about making repairs or prepping for showings. Forget about paying commissions or hidden fees; you won’t even pay closing costs when you directly sell to a professional buyer at Dragonfly Investment and Development. The professional buyers and their team at Dragonfly Investment and Development live and work alongside you here in Denver and are passionate about improving our community and helping our neighbors find solutions to their home-selling problems. The seasoned professionals at Dragonfly Investment and Development understand life is complicated, which is why they keep the lines of communication open; we won’t ignore your calls. Dragonfly Investment and Development is unique, and we want to make a deal with you that you will feel good about long after you’ve left the closing table. Speak with one of the professional buyers at Dragonfly Investment and Development today with no obligation about your circumstances and what is most important to you. Call Dragonfly Investment and Development at (720) 263-0121.