You want to sell your local Baton Rouge Louisiana home and you want to do so quickly. We have all been there for one reason or another.
Perhaps you need some cash to cover other expenses, or maybe you were relocated for work or need to move across the country to be closer to your aging parents. Whatever the case is, you need to sell your home quickly in Baton Rouge and move on.
Unfortunately, homeowners who need to sell their home fast soon realize that they are at the mercy of the market. That market will influence whether they sell quickly or not, and how much they can get for their property. Some neighborhoods in Baton Rouge are crazy right now, with houses selling in days, while others just sit. Overall, there aren’t many houses for sale, but even if you sell it you still have to worry about your buyer coming up with the money and closing on time, which usually is 45-60 days. Buyers fall through all the time, so it is smart to have backup options.
The factors that influence whether you’ll sell your home quickly in this Baton Rouge market
There are many factors that influence whether you’ll sell your Louisiana home quickly in this market.
Some of those factors include:
- The national economy
- The local economy in Baton Rouge Louisiana
- Interest rates
- The condition and trends of the neighborhood (is it growing? is it shrinking?)
- The condition of your house and whether it needs work (This is important!)
- The asking price of your house (This is more important!)
- The asking price of similar houses in the area
There are a lot of things that go into it, and the list could be a whole article in itself. The most important factors are the condition and the listing price though. If your house needs a lot of work, buyers may not be able to get FHA loans for it, and a lot of buyers don’t want the hassle of renovating a home, so listing it will probably make it sit on the market for many months.
If you want to sell fast, lower your price to below market. If you want top dollar, you will have to wait for just the right buyer to come and fall in love with your home. You have to face the realities of the marketplace – especially if the clock is ticking.
The four steps to sell your Baton Rouge house fast
Here are our top strategies for selling your house fast.
First, remember that your house isn’t the only one for sale.
There are many other local Baton Rouge homes for sale and each one is competing for the hard-earned dollars of the buyer. You can’t just expect people to pay exactly what you want for your house. Most homeowners overvalue their property because they have memories there and think their house is the best. To get a good idea of what it actually is worth, ask a realtor to run a comps report to see what similar homes in your neighborhood are selling for. Don’t forget to look at the comparable condition of the house too. Just because you have the same layout as your neighbors doesn’t mean that you’ll get the same asking price. If the comps are all recently renovated and yours hasn’t been touched since 1980, you will get a much lower price.
Second, think about who is the most likely person to buy your home.
Is it a new family with young children? Is it a retired couple who happens to be downsizing? Is it a single woman moving to the area because of a job? Make sure you don’t market specifically to a certain group or you can get in trouble with Fair Housing Laws, but you can make your house appealing to likely buyers.There are many reasons that someone will buy a house and their reasons will be influenced by family, jobs, and more. When you understand this, it will help you with the next point.
Third, invest some time, money, and effort into preparing your house for the right buyer.
If the best person to buy your home is a young family then perhaps you’ll want to make sure that you have a great backyard with a swing set. Or if your house is near a busy street to make sure you have a nice fence around the yard to protect kids from going into the street. If the best person to buy your home is a retired couple then perhaps you’ll want to make sure that the home is comfortable for people with no children but who may have a hard time with stairs. Or make sure the landscaping outside is lower maintenance.
Fourth, work with a local Baton Rouge Louisiana real estate professional who can help you prepare your home, list it, and close the deal.
Real estate agents are experts at helping you sell your home. There are plenty of agents here in Baton Rouge to work with… and if you want a referral to a reputable agent with a track record, just give us a ring at (225) 288-7209 and we’d be glad to give you some names. The best agents will give you advice to get your house to sell quicker and for the most money. They understand exactly how much to list for and roughly how long it will take to sell in the current market. However, the bad ones will not understand property values or motivation and often will cause your property to sit on the market for months. When you’ve done all the advanced legwork, you’ll help your agent be able to sell your home quickly.
When you follow these four simple steps, you can sell your home pretty quickly, or within a couple months. However, sometimes you want to sell your home even faster than that!
How to sell your home quickly in Baton Rouge
Sometimes you may not have time to look around at what others are selling for. And sometimes you may not want to wait around or spend the money to fix up your property for your ideal customer. And sometimes you may not want to spend the time waiting while your real estate agent markets and sells your house.
You can bypass all these steps quickly and easily by selling your house to a local real estate investment company for cash. At BuyhousesBR, that’s exactly what we specialize in: buying homes fast. Our deals all close in between 10 days and 30 days, with the title company usually being the only thing that keeps us from closing that day. We buy houses in Baton Rouge that need work, you don’t even need to clean them or make any repairs.
Homeowners who simply don’t want the hassle or who don’t want to endure the long wait times but just want to sell their home quickly can do so with one phone call to (225) 288-7209.
This is perfect for homeowners who are in financial distress and cannot wait too long to sell their home IF the market will buy it. And, it’s perfect for homeowners who are facing some other crisis, such as a divorce or death in the family. When these events happen, the last thing you want to do is think about painting the house so it’s perfect for someone else! It’s much easier to simply pick up the phone and sell your house with one phone call.