PHILADELPHIA, PA - Need to sell your house quickly? It takes an average of 90 days to sell a home in Philadelphia. If you don't have the time, you have other possibilities.
Most people that need to sell their home quickly will either:
- Sell to cash home buyers in PA: These companies can make you an offer immediately, sometimes in less than 24 hours, and seal the deal in two weeks or less.
- Sell with a leading real estate agent: An expert agent can help you sell your property quickly and for more money, but you will most likely have to wait longer than if you sold to a cash buyer.
How Does Selling to a Cash House Buyer Work?
The cash buyer does not need to acquire financing, so the closing period is substantially shorter than in a regular transaction. Selling a home with a cash buyer typically takes 7-14 days, compared to 90 days for a standard sale in Philadelphia. The national percentage of residences purchased with cash in the last year is 14%. These house sales are ideal for sellers that have distressed properties, are in foreclosure, or need to sell as soon as possible.
Pros and Cons of Selling to a Cash Home Buyer in Philadelphia
Pros
- You can sell and close rapidly, even inside a week.
- Cash purchasers are more likely to purchase your home as-is (no repairs necessary).
- It's an excellent choice if you're facing foreclosure or another challenging situation.
- In most cases, you will not be responsible for managing open houses or showings.
Cons
- When you sell your house to a cash buyer, you can expect to receive less than 70% of its value.
- If you are selling your house as-is in Philadelphia (without making repairs), the cash buyer will deduct the cost of repairs following the inspection from your cash offer.
- Not all cash home buyers are reputable and ethical companies.
If you decide to sell to a cash house buyer, we recommend receiving numerous cash offers and properly researching the companies before accepting. The finest cash buyer companies provide initial bids in less than 48 hours, provide flexible closing dates, and vet their investors.
Sell Your House As-Is for the Maximum Market Value with a Leading Real Estate Agent
If you want to sell your property quickly and at fair market value, you should engage with a top real estate agent in Philadelphia. No matter when you decide to sell your house, an expert real estate agent can help you navigate the Philadelphia property market and make the most of your circumstances. The negative is that it may take longer than selling to a cash buyer.
Pros and Cons of Selling With a Realtor in Philadelphia
Pros
- You'll probably get more money for your home than you would from a cash buyer.
- Even in a hot market, you can sell your property rather quickly.
- Your agent will represent you throughout talks.
- You'll receive a free home evaluation to determine how much your house is worth.
Cons
- Your home may take longer to sell on the open market.
- You will be responsible for paying Philadelphia realtor commissions and seller closing expenses.
- You may need to pay for repairs or cleaning to make your house market-ready.
Why Choose Awakened Properties LLC to Sell Your House Fast?
Awakened Properties' fair cash offers helped many Pennsylvania homeowners move on. Their stress-free approach stands out. To ease real estate deals, they manage negotiations, inspections, financing, and last-minute schedule changes. Awakened Properties can sell your PA house quickly and with a closing date without months of uncertainty. Their process puts you in charge so you can confidently plan your future, unlike the volatile real estate market.
Expert Advice for Selling My House Quickly in Philadelphia
One advantage of having an agent is their expertise of the Philadelphia market, which is quite useful when looking for a rapid property sale. Along with your agent's advice, here are some additional recommendations for selling your property quickly in Philadelphia from Awakened Properties:
List the property as "coming soon" a few days before it goes on the market. This method can result in multiple parties being interested in the property before it goes live.
Before pricing your house, consider the competition in your neighborhood. Prior to pricing your property, your agent will provide you with a list of previously sold homes to compare. Your goal should be to price your home somewhat lower than the selling price of recently sold properties, but not so low that buyers perceive it as a red flag.
Things to Think About
- The best times to buy are in the spring and early summer, while the worst times are in the winter. Listing at the right time of year could lead to more offers and higher prices.
- Homes in communities like Fishtown and Northern Liberties that are close to public transportation, have great schools, and are nice to live in sell faster.
- Because there are so many options, buyers look at a lot of homes. It could take longer to sell your home if it seems boring.
- Looking at sales in your area could help you set realistic goals before you list.
Market Your Home Well
Professional photos can help your home get more attention online. It's not okay to have dark, blurry pictures.
Use sites like Facebook and Twitter. Facebook Marketplace and Instagram are great places to list homes. Think about a video tour. Virtual tours are helpful for purchasers who live outside of town.
Not just sell your house, but also the Philly way of life. Talk about parks, restaurants, or public transportation that are close by.
Not everyone can use traditional sales. Some people who own homes like things to be quick and easy. Awakened Properties LLC offers a reliable solution for homeowners who want a quick, fair, and hassle-free sale, helping you move forward with confidence.
