Viva Las Vegas: The Best Way to Sell a House in Las Vegas (Fast)
The real estate market in Las Vegas is booming, with property values at an all-time high. Now is a great time to sell a house in Las Vegas–as long as you act fast.
When property values rise, sellers tend to jump on the opportunity to sell, inundating the market with more options than buyers know what to do with. This increase in competition can cause houses to sit on the market for months on end with dwindling interest.
How can you make sure that your Las Vegas house goes mere days after you list it?
Read on to find out everything you need to know about selling a house in Las Vegas when you’re in a time crunch.
How to Sell a House in Las Vegas on the Traditional Market
According to the NAR, homes in 2020 sat on the market for an average of 24 days before a buyer signed a contract. It’s important to remember that this doesn’t include the time it took to close, and it doesn’t reveal the maximum length of time some houses sat on the market.
That being said, let’s take a look at some of the ways that you can speed up the process of selling your Las Vegas house on the traditional market.
First thing’s first: you have to get your house up on the market. If you want to do that quickly, you’re going to have to sell your house as-is.
With a newer property that has been well-maintained, this may not be an issue. If the appliances are up-to-date, the foundation is strong, the windows and roofing are relatively new, and the paint colors are neutral, you may not have many repairs in mind, anyway.
However, with older properties or properties in need of maintenance, you’re going to need to be more forward about the condition of the property. Remember, selling a house as-is on the traditional market means taking a price cut. Buyers aren’t going to pay as much for a home that will require repairs and renovations after moving in.
Some fix-ups don’t take much time, like repainting brightly colored walls. Decide how much money and time you have to spare before deciding to list your home as-is. Make sure that any repairs you do invest in have a decent ROI.
Work With an Experienced Agent
The upside of working with an agent is that they’ll know where to find interested sellers. They can take care of advertising, showing, and ultimately selling your home. If you want to sell your home quickly on the traditional market, you’re going to need to work with an agent.
The downside is that agents require payment. Most of the time, the seller is required to cover the commission of their own agent and may also be required to cover the commission of the buyer’s agent. You can take that money out of the money you receive for your property, but that does mean that you’re losing a cut of your own profits.
Concede to All Buyer Negotiations
If you’re trying to sell your house fast, you’re probably concerned about more than just entering into a contract with a buyer. You may also want to close the deal quickly, receive your money, and invest in a new home.
Moving from the initial contract to closing can take several weeks. What holds up the closing process? Typically, this is the time when buyers are going to want to negotiate over costs, repairs, and credits.
If you want to get through this process quickly, you’re going to have to play ball–and lose. Conceding to buyer negotiations is the best way to get them to close the deal as soon as possible.
The only thing you may want to push back on is the request that you take care of any repairs or renovations on your own, as this adds to the time that you’re saddled with your own property. Instead, offer to lower the asking price to account for renovations or offer credits. That way, the buyer is happy, and they can worry about repairs and renovations on their own time.
How to Sell a House in Las Vegas in Less Than Two Weeks
As you can see, trying to sell your house fast on the traditional market can come with a lot of drawbacks. Individual buyers may want you to shave off a lot of money for an as-is property, and agents will take some of your profits. In the end, you may be left with less money than you originally expected to get.
Instead, consider using our process. We start with a consultation, during which we find out more about your property without making you sign any contracts. Within a few short days, we’ll come up with a cash offer that you can take or leave.
If you do take our offer, the deal gets better. You choose your closing date, we pay all closing costs, and within less than two weeks of contacting us, you can walk away with cash that covers the full value of your property. What could be easier?
Let Us Help You Sell Your House
The time is ripe to sell a house in Las Vegas, but the competition is stiff. If you’re looking to sell your house fast, the traditional market may not be the way to go. Instead, let us help you sell your house by taking it off your hands in exchange for the full cash value of your property.
Do you have questions about how we conduct our business? Do you want to know what goes into our consultation and how we determine a house’s value? Are you ready to sell?
Contact us today and let us help you sell your Las Vegas house.