The excitement of a new adventure can quickly be overshadowed by the practical challenges of selling your home when relocating.
Key decisions await – should you prioritize a fast sale or the highest possible price? Will you work with a realtor or explore alternative options like a cash buyer?
The good news is there are effective strategies to navigate this process. By clearly defining your priorities and understanding the current market, you can find the right approach to sell your home smoothly and confidently, freeing you to focus on your upcoming move.
When it comes to relocation, it requires precise coordination. Every week, we receive inquiries from local home sellers in Cherry Hill who are either reaching out to us directly or filling out our online form here to provide information about their property.
They often express, “I’m relocating and need to sell my house in Cherry Hill“.
The good news is that we are actively purchasing properties in Cherry Hill, NJ, which allows us to assist many of these sellers in quickly selling their homes.
Relocating can be overwhelming, with numerous details to manage and the added stress of the reason behind the move, such as a new job or family illness. Moving always signals a significant life change.
So how do you make the most out of a difficult situation?
Don’t Agonize – Organize.
Avoid the costly scenario of owning and maintaining a vacant house for an extended period, which can drain your finances unnecessarily.
Despite the current stability in the real estate market in Cherry Hill, unforeseen changes can occur suddenly, leading to potential challenges.
To avoid getting caught off guard, especially when relocating, it’s crucial to act swiftly to sell your Cherry Hill, NJ house quickly.
Relocating And Need To Sell My House Fast In Cherry Hill… Your Options And Steps
First…
- Find out what your house is worth: Discover your home’s current market value by contacting a reputable real estate agent or connecting with us for a free, no-obligation property assessment. Knowing your home’s potential selling price will help you determine the timeline and feasibility of selling it.
- Decide how fast you need to sell your house after you relocate: When relocating for a job, professionals have struggled to sell their homes quickly, sometimes taking over a year and ultimately accepting a much lower price than expected. As you decide when to list your home, carefully consider how quickly you need to sell versus how long you’re willing to maintain two mortgage payments, insurance costs, and other carrying expenses.
- 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: While the goal is to maximize the sale price of your home, it’s important to also consider the ongoing costs of homeownership. Many people overlook calculating the total expenses required to maintain the property, which can include the mortgage (where the majority of payments go towards interest rather than principal in the early years), insurance, taxes, and general maintenance. Thoroughly understanding these holding costs is crucial when determining the optimal sale price. Let’s say you want to sell your house for $200,000. Your monthly expenses include a $1,200 mortgage payment, $200 in taxes, $100 for insurance, and $100 for maintenance (e.g., lawn care, repairs). These “non-equity building” expenses total $1,600 per month. If it takes you 7 months to sell the house through a real estate agent, you’ll incur $11,200 in direct “holding costs.” Additionally, you’ll need to pay $12,000 in real estate agent fees (3% for the buyer’s agent and 3% for the seller’s agent). In total, this amounts to $23,200 in lost money. However, this doesn’t account for the value of your time, the stress of the property sitting on the market, or the opportunity cost of what you could have done with that extra money during the 7-month period. Considering these factors, the real cost to you is 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!: Make a decision and act on it. If you prefer to work with a real estate agent, find a reputable local agent in Cherry Hill, NJ. Alternatively, if you want to avoid the wait times and agent commissions, selling your house directly to us may be a viable option. 🙂
Help! I’m relocating and need to sell my house fast… If you have the luxury of time and an exceptional property, consider testing the market by listing it at a premium price.
Occasionally, a buyer may be captivated and willing to pay above market value – emotions can drive unforeseen outcomes in real estate transactions.
Many properties are considered average in the real estate market. They often resemble other houses in the same neighborhood, just like how neighbors tend to share common characteristics.
Therefore, unless your property stands out as truly exceptional and magazine-worthy, pricing it at the highest point may not yield the best returns in the market.
Maximize your chances of success by listing your property for both rent and sale simultaneously. This approach allows you to retain control of the process, a strategy that can outsmart even the most experienced real estate brokers.
Under specific circumstances, we collaborate with property owners to facilitate lease-option agreements, allowing well-qualified buyers to rent the property with the option to purchase it within a predetermined timeframe.
In certain situations, we can assist with loan renegotiation, managing monthly payments, or facilitating a short sale with a financial institution.
We love helping people solve complicated problems.
Creative solutions can bridge the gap to get you where you need to be.
Who Is Jeff Buys Houses Cash And How Can We Help You If You’re Relocating And Need To Sell In Cherry Hill?
As experienced real estate investors in Cherry Hill, we are dedicated to helping homeowners who need to sell their houses quickly for any reason.
Our goal is to support our families and enhance the beauty of neighborhoods through our property investments.
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 Cherry Hill 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 Cherry Hill real estate, so please feel free to call us at (856) 281-1157 and chat with us anytime.
Don’t forget to download our FREE Guide, “The Pros and Cons of Selling Your House To a Local Professional Home Buyer.”