Do you need to sell your house or multi unit building in New Westminster? When most people consider selling their home or multi unit building, they immediately picture calling a real estate agent and listing their home on the MLS. However, this is not always the most beneficial way for you to sell your home in British Columbia, Canada.
There are many factors to consider, such as how much time you have available to realize your asking price on the market and if your home fits the preferences that buyers seek in homes today. If not, you also need to consider everything it will take to get your New Westminster home ready to put on the market.
We’ll discuss four unconventional ways to sell your house in New Westminster in British Columbia, Canada. Feel free to learn how much we can offer you.
Owner Finance
Owner financing is a lucrative yet unconventional way to sell your house in New Westminster. This method of home sales opens your property up to an entirely different pool of buyers with less than perfect credit who are willing to pay a higher price for the ability to enjoy homeownership while getting their creditworthiness in order. You have the driver’s seat in this deal, setting a higher sales price for providing the opportunity and taking the risk that the market rises higher, and they are buying at a great price when the option expires in three to five years.
If you are having a hard time selling your house or multi unit building in the current Canadian real estate market, then you might consider this option especially if you don’t mind waiting to get your equity with interest while not having the hassle to maintain the home or pay property management expenses.
Rent with an Option
Renting the home with a contract for an exclusive option to buy at the end of a given period, typically two to three years is a very creative, unconventional way to sell your house in New Westminster. Giving a buyer three years period, allows them to stabilize the property. Sellers who want to sell without fixing and listing with real estate agents prefer receiving upfront deposit towards the down payment and income over the next few years. Again, you can set a premium on the final sales price as well with this method. As a seller you avoid any risk of the tenant leaving at the end of the contract, with damages to the home or fail to take proper steps for preventative maintenance. Before you sell your home again, the house may be facing severe repair bills.
FSBO
One more unconventional way for you to sell your house in New Westminster is an FSBO listing or for sale by owner. This home sales method is attractive to homeowners who seek to avoid paying high real estate commissions. Regrettably, only about 10 percent of FSBO sellers are successful and have wasted valuable time with their property lingering on the New Westminster market. Often this is because of inexperience with marketing real estate and dealing with the negotiations without injecting personal emotions. Homes that have been on the market for a long time rarely sell at current market values.
Direct Private Sale
Direct sales to a company like Neu Target & Supplies Inc are an additional unconventional way to sell your house in New Westminster, with which most homeowners are unfamiliar. Professional home buyers have the power of cash backing them, meaning that closing is only mere days or weeks away.
A professional buyer will take the time to listen to your needs and will even compare what you would likely receive from a conventional sale with a real estate agent so that you can compare your options. With none of the hoops of listing to jump through, no showings, and no inspections to pass, a direct sale means your house will sell as-is.
You don’t even have to clean before you leave. You can even pick the closing date.
The best unconventional way to sell your house in New Westminster is to sell directly to Neu Target & Supplies Inc! Call Neu Target & Supplies Inc at +1 778-717-7188 or send us a message today!