What Are My Options for Selling My House in 2022

Are you selling your house in 2022? It may surprise you that you don’t have to sell your house the traditional way. Instead, there are other options for selling your house. As a motivated home seller, you owe it to yourself to explore all your choices so that you can find the one that helps you meet your goals.

There are three main ways to sell your house fast. First, you can do a traditional sale where you hire a real estate agent and list your house on the market. Second, you can attempt a For Sale by Owner and try to sell your house without an agent. Last, you can sell your house as-is for cash to a company that buys houses.

Comparing 3 Main Ways to Sell Your House Fast

There are three main ways to sell your house fast. Let’s compare them.

1. Traditional Home Sale

Over 90 percent of all homes are sold the traditional way. In a traditional sale, you hire a realtor and list your house on the market. The realtor guides you through the house-selling process and brokers the deal when you find a buyer. A realtor can manage your house sale and negotiate with potential buyers.

A traditional sale includes the following steps:

  • Hire a real estate agent
  • Repair or upgrade the house
  • List the property on the market
  • Stage & show the house
  • Negotiate with a potential buyer
  • Close the sale

On average, it takes 60 to 90 days to sell a house. That doesn’t include the time you spend preparing the house for a sale and the closing process. Keep in mind, that you will pay for repairs, staging, realtor commission, and closing costs associated with the sale.

2. For Sale by Owner

If a traditional sale is not for you, another option is a For Sale by Owner (FSBO). In a For Sale by Owner, you have complete control over selling your house. Instead of hiring a realtor, you handle everything yourself - marketing, management, staging & showing the house, negotiating with potential buyers, and closing the sale.

A For Sale by Owner includes the following steps:

  • Repair or upgrade the house
  • List the house on the market
  • Stage & show the house
  • Negotiate with a potential buyer
  • Close the sale

On average it takes six to 12 months to find a buyer in a For Sale by Owner. To be successful, you have to be highly motivated, have some marketing savvy, and be able to negotiate with aggressive buyers. You may save some money on realtor commissions. However, you’ll still be responsible for 100% of all selling costs.

3. Cash Home Sale

A cash home sale works differently from a traditional home sale or For Sale by Owner. In a cash transaction, you sell your house directly to a company that buys houses. So, you don’t need a realtor. The buyer makes an offer, you accept the offer, and the buyer pays cash for the house.

A cash home sale includes the following steps:

  • Contact the cash buyer or house-buying company
  • Get a cash offer from the buyer
  • Accept the offer and close the sale
  • Get paid by the buyer

On average, a cash home sale takes seven to 21 days. That includes the offer and the closing. You sell your house as-is, so you make no repairs or upgrades. Plus, you bypass listing the house on the market and show it to several potential buyers. You lose a little on the sale price, but will likely make it back since there are no selling costs.

Sell Your House Fast

If you are ready to sell your house, then explore the benefits of a cash home sale. Local Guy Buys Houses buys houses as-is. No repairs. No realtor commissions. No closing costs. Call 855-205-5999 today to get a fast cash offer for your home.