Relocation is a complicated exercise in coordination. We get local Massachusetts home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in Massachusetts“. The great thing is that we’re able to help a good many of those sellers sell their house quickly (because we’re actively buying houses in Massachusetts Massachusetts right now!).
There’s an insane amount of details to keep together, plus the stress of whatever is making you move in the first place – often it’s a new job or a sick relative, but the true need to move always comes with a dramatic change.
So how do you make the most out of a difficult situation?
Don’t Agonize – Organize.
You don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 years. That gets expensive and it doesn’t have to be that way.
Although the market is relatively stable right now in Massachusetts, things can change in the blink of an eye. We’ve heard some serious horror stories over the past couple of decades. Unless you’re filthy rich, you probably can’t afford to wait it out.
So how do you make the right choices when you’re relocating and need to sell your Massachusetts Massachusetts house fast?
Relocating And Need To Sell My House Fast In Massachusetts… Your Options And Steps
First…
- Find out what your house is worth: To do this you can contact a reputable real estate agent or connect with us and we can give you a no cost no obligation valuation on your property. Once you know what the house may be able to sell for in the current market… that sets the basis for how long you may or may not be able / willing to sell the house.
- Decide how fast you need to sell your house after you relocate: This is a biggie. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year before selling it for a much much lower price than they hoped. Decide how fast you need to sell your house… and how long you’re willing to keep making 2 mortgage payments, insurance payments, etc.
- Find a solid real estate agent BEFORE you start packing boxes: Get the ball rolling early so you don’t waste any time. Every month that you wait or every month that it takes to sell the house… costs you money. Or if you don’t want to use a real estate agent to sell… we are a reputable local house buyer and we’d love to make you a fast-fair all cash offer. Just fill out the form through this link to get started >>
- Calculate the value of selling your house fast vs. “waiting it out” for a dream price: We all want to sell our houses for as much as possible. But one thing many people forget to do is come up with the $ amount of how much it costs you to hold onto this house. The costs involved include the mortgage (which if you’re still within the first 10 years of the mortgage, the majority of your payment interest and not hardly going to principal at all), insurance, taxes, maintenance, etc.Lets say you want to sell your house for $200,000… and your mortgage payment is $1,200/mo, taxes $200/mo, $100/mo for insurance, and $100/mo for maintenance (lawn maintenance, repairs while you’re gone, etc.).Those expenses add up to $1,600/mo in “non equity building” expenses.If it takes you 7 months to sell that house through a real estate agent for that $200,000… it cost you $11,200 in DIRECT “holding costs” + you had to pay $12,000 in real estate agent fees (assuming 3% for the buyers agent and 3% for the sellers agent).Totaling $23,200 in LOST money. That doesn’t even account for the value of your time, your stress in thinking about that property sitting on the market, the opportunity cost of what you could have been doing with that extra money during those 7 months, etc. So the real cost to you was likely closer to $30,000.But, what if you were to sell your house next week and avoid all of that?Even if you sold for a discount below the retail price (lets say… $175,000)… you’re still ahead of the game by selling the house NOW at a discount to a home buyer like our company vs. 7 months later at full price (and paying holding costs and real estate agent fees).Make sense?
- Take action!: Whatever you decide… decide and take action. If you want to go the real estate agent route, great! Find a reputable local Massachusetts Massachusetts agent. If you’d rather not have to wait and not have to pay real estate agent commissions… then a viable option may be to sell your house to us 🙂
If you’ve got a lot of time on your side and a really great property, you might want to test the market by offering it out at a high price. There’s a small chance someone might just fall in love and be willing to overpay – people do crazy things for love.
Most properties are pretty average, in reality. They tend to be like the other houses around them, in the same way that people who live near each other tend to have a lot in common too. So unless your property is truly exceptional, as in magazine-quality extra-special, you won’t capture the most money in the market by pricing at the highest point.
You can also win by marketing your property for rent and sale at the same time, just to see what happens first. You have to maintain control of the process, which can confuse even seasoned real estate brokers.
In certain situations, we may partner with property owners to help secure lease option agreements where highly qualified purchasers rent the property for an agreed time before buying.
In other cases, we may help renegotiate a loan, help make monthly payments or conduct a short sale with a bank.
We love helping people solve complicated problems.
Creative solutions can bridge the gap to get you where you need to be.
Preparing Your Home for a Quick Sale
When relocating and needing to sell your house fast, it’s crucial to make your property as attractive as possible to potential buyers. The more appealing your home, the higher the chances of receiving offers quickly. Here are some tips for preparing your home for a quick sale:
- Declutter and depersonalize: Potential buyers need to visualize themselves living in your home. Remove personal items such as family photos, collectibles, and excessive decorations. Clear countertops, shelves, and closets to make your home look more spacious and inviting.
- Make necessary repairs: Address any minor issues, such as leaky faucets, broken tiles, or peeling paint. Although these repairs might seem insignificant, they can make a big difference in the overall impression your home makes on potential buyers.
- Clean thoroughly: A clean house is more attractive to buyers. Ensure your home is spotless, including windows, carpets, and hard-to-reach areas. Don’t forget the exterior – power wash the siding, clean gutters, and spruce up your landscaping.
- Stage your home: Professional staging can significantly impact how quickly your home sells and the final sale price. If you don’t want to hire a professional stager, rearrange furniture to make rooms look more spacious and ensure each room has a clear purpose.
- Price your home competitively: Work with a real estate agent or conduct market research to determine the right price for your home. Overpricing can lead to a longer time on the market, while underpricing may result in a faster sale but lower profit.
The Benefits of Selling Your Home to a Cash Buyer
Selling your home to a cash buyer like Pegasus Home Buyers can be an attractive option when relocating and needing to sell your house fast in Massachusetts. There are several benefits to consider:
- Speed: Cash buyers can close the deal quickly, often within a week or two, compared to traditional sales that can take months. This can be especially beneficial if you’re facing a tight deadline for relocating.
- No repairs or improvements required: Cash buyers purchase homes in “as-is” condition, meaning you don’t need to invest time and money into repairs or improvements before selling.
- No real estate agent commissions: When selling to a cash buyer, there are no real estate agent fees to pay, which can save you a significant amount of money.
- Less risk of the sale falling through: Traditional sales can fall through for various reasons, such as the buyer’s financing not being approved. Cash sales are less likely to fall through, providing you with more certainty in the process.
- Simplified process: Selling to a cash buyer typically involves a more straightforward process than listing your home on the market. You won’t need to worry about staging, showings, or negotiating with multiple potential buyers.
Managing the Relocation Process While Selling Your Home
Juggling the process of selling your home while relocating can be challenging. Here are some tips to help you manage both tasks efficiently:
- Create a timeline: Outline all the tasks you need to complete for both selling your home and relocating. This will help you stay organized and ensure nothing slips through the cracks.
- Hire professionals to help: Consider hiring a real estate agent, moving company, or professional organizer to assist with various aspects of the process. This can save you time and reduce stress.
- Communicate regularly: Keep in touch with your real estate agent or cash buyer to stay updated on the progress of your home sale. This will help you make informed decisions and adjust your relocation plans if needed.
- Prioritize tasks: Determine which tasks are most critical for both selling your home and relocating, and focus on completing those first.
Who Is Pegasus Home Buyers And How Can We Help You If You’re Relocating And Need To Sell In Massachusetts?
We’re investors. We support our families and beautify neighborhoods by buying houses from Massachusetts home owners who need to sell fast for one reason or another.
The types of sellers who tend to work with us include people who…
- Need to sell fast (we can close in as little as 7 days if you need us to)
- Don’t want to hassle with listing a property with an agent
- Don’t want to pay real estate agent fees
- Can’t sell their house for one reason or another (we buy houses in as-is condition)
- … or a variety of other reasons
But we’re passionate people, and we believe in the Massachusetts community.
We’re honest and straightforward.
We’ll quote you a fair price, and we can close fast with cash.
If you’re prepared to wait and can hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances that risk can pay off.
We’re happy to help you find answers to your toughest questions about your Massachusetts real estate, so please feel free to call us at (781) 810-4242 and chat with us anytime.