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Sell Your Amarillo House Fast—Should you sell your house to a Real Estate Investor?

Saturday, January 7th, 2012

Sell Your Amarillo House Fast—Should you sell your house to a Real Estate Investor?

How can you know when you should sell your Amarillo house to an investor list it with a  Realtor?

If your house is in a nice area, in good condition, and (here is the big one) you have time to wait for a higher offer, then you need to list it with a Realtor.

On the other hand, if your house is in a marginal area, or it needs repairs, or you just want to get it sold quickly, then you need sell your Amarillo house to me.  You think a Realtor can get you way more money, Right?  Well, let’s take a look and see.

First of all, the nation average for discounting a home is 5%.  Most Realtors are going to charge you 6% to sell your house.  You can figure about 1% to pay your own closing costs.  You can also count on buyers needing you to pay up to 6% for their closing costs.  If you don’t believe me just ask around.  That’s the new way the Real Estate market works.  Buyers just don’t have the money to pay for their closing costs.  So you are losing around 18% to the transactional costs.  Then you get hit with a list of repairs from the new buyer.  This can add up to some serious money.  Even if you don’t pay the full 6% for buyer closing costs and you don’t negotiate the full 5%, you are still going to lose around 15%.  And you will sometimes have to wait up to 6 months or longer for your house to sell.

If you decide to sell your Amarillo house to an investor like me there are several advantages .

You get to pick when they close. Since I pay cash I can close in as little as 3 or 4 days or I can close whenever you want.  The timing in a Real Estate transaction can be just as important as the price.

I take the house in it’s as is condition. That means that you don’t have to fix or clean anything.

I handle all of the paperwork and details. I make things as easy as possible.

If you are trying to decide you should give me a call.  I would love to visit with you.  You can call me at  806-359-7653.  Or visit me online at Sell Your Amarillo House.

Sell My Amarillo House Fast—Should You Sell Your House to a Real Estate Investor?

Wednesday, November 9th, 2011

How can I sell my house fast in Amarillo?

I get calls every day from people who want to sell their house.  Most of these people are tired of playing all of the Realtor games and they don’t want to wait for 6 months to sell their house.  They want it sold in a few days.  That’s why they call me.  Of course I would love to buy every single one of them, but sometimes it just doesn’t make sense for someone to sell to an investor like me.

How can you know when selling your house to an investor makes more sense than selling by using a Realtor?  Well it’s pretty simple really.

If your house is in a nice area, in good condition, and (here is the big one) you have time to wait for a higher offer, then you need to list it with a Realtor.

On the other hand, if your house is in a marginal area, or it needs repairs, or you just want to get it sold quickly, then you need to let me make you an offer.   Now I know what  you are thinking… A Realtor can get you way more money, Right?  Well, let’s take a look and see.

First of all, the nation average for discounting a home is 5%.  Most Realtors are going to charge you 6% to sell your house.  You can figure about 1% to pay your own closing costs.  You can also count on buyers needing you to pay up to 6% for their closing costs.  If you don’t believe me just ask around.  That’s the new way the Real Estate market works.  Buyers just don’t have the money to pay for their closing costs.  So you are losing around 18% to the transactional costs.  Then you get hit with a list of repairs from the new buyer.  This can add up to some serious money.  Even if you don’t pay the full 6% for buyer closing costs and you don’t negotiate the full 5%, you are still going to lose around 15%.  And you will sometimes have to wait up to 6 months or longer for your house to sell.  Many people aren’t in a position to wait that long.

People who sell to me have several advantages.

  1. They get to pick when they close. Since I pay cash I can close in as little as 3 or 4 days or I can close in 2 months.  They get to pick.  Some people need to be able to know that their house will sell, for sure, on a certain date.  The timing in a Real Estate transaction can be just as important as the price.
  2. I take the house in it’s as is condition. That means that the seller doesn’t have to make any costly repairs.  They don’t even have to clean up.  This saves a lot of time and money for the seller.
  3. I handle all of the paperwork and details. I make things as easy as possible.  From writing the contract to working with the title company, I handle everything.  The seller can just focus on other more important things.

Now I know what you are thinking.  You are thinking that I offer half of what the houses are worth right?  I mean, if I were in your shoes I would be thinking the same thing.  So the million dollar question is, “How much do you offer for houses?”  I get that question a lot.  It depends on the area and the condition of the house.  I do have to get the house for a price that allows me room to fix it up, put it back on the market, and babysit it until it sells.  So yes I have to buy at a discount.  But when you compare my offer with what you would actually NET (walk away with) if you were to sell using a Realtor, you would see that my offers are very reasonable.  I am doing the job of a general contractor and a Realtor all in one.  If you were to add up what you would really spend if you were to call a contractor to make repairs and then sell using a Realtor, you would see that selling to me is not such a bad idea.  And the big bonus is that you can have your money now instead of 6 months down the road.

If you are still on the fence, you should give me a call.  I would love to visit with you.  You can call me at  806-359-7653.  You should also get a copy of my free report “Sell Fast in a Slow Market, 6 Ways to Make Your House Disappear.”  It will help you understand if your house is marketable or not.  Click here for your copy Sell My Amarillo House Fast

How long does it take to sell a house in Amarillo TX? | Sell your house Amarillo TX.

Tuesday, January 4th, 2011

This has to be the question that I am most often asked.  How long does it take for a house to sell in Amarillo TX?  Well first off, that is just about impossible to answer.  Not all houses are the same.  It depends on the area, condition of the house, time of year, marketing, and on and on.  You can look at statistics and reports but they are just averages.  No house is just like your house.  Most reports that I am looking at show about 3-6 months.  That is if you are listing with a Realtor and is in good condition.  If you have a house that needs repairs it may take a very long time to sell.  Houses like that are taking up to a year to sell. 

Everyone knows that our market has slowed down quite a bit.  If you want your house to sell you need to price it aggressively and make sure that it doesn’t need any repairs.  You need to realize that there is a lot of competition out there.

So what if you can’t wait 3-6 months or longer?  What if you need to sell it this week?  If that is the case then give us a call.  We specialize in buying houses that need to be sold quickly, or that need work, or both.  We pay cash, close whenever you want, and pay the closing costs. 

When you compare our offer with what you actually walk away from the closing table using a Realtor you will be shocked.  We can close whenever you want and take the house in it’s as is condition.  You don’t have to fix anything or clean anything.  It is very easy.  If you need to sell your house this week give us a call at 806-359-7653 or visit us online at Sell My Amarillo House.

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Contact Information

4105 SW 34th St, Amarillo, TX 79109 | 806-359-7653

wade@mitchellpropertygroup.com | emmy@mitchellpropertygroup.com