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Should you sell your home without a Realtor in Denver?

Sell Your House Fast Denver
We Buy Houses in Denver!

Do you want to sell your home without an Agent in Denver? Let’s see how we can help make sure it’s the right decision or not.

Before deciding to sell your house without an agent, there’s really only 3 ways to sell a Denver house.

Most people think of buying or selling real estate with a Real estate agent. There’s many justifiable reasons for this. Mainly because most of us hire someone in a specific occupation we are not an expert in. Who has the time to learn everything about real estate?

Well that leaves other questions in mind. Such as sell your house without a Realtor if there are other options? Should you sell your house without a Realtor simply because you don’t want to pay a 6% commission?

Listing for sale with a Real Estate Agent.

A Realtor according to Wikipedia is, “A real estate broker or real estate salesperson (often called a real estate agent) is a person who acts as an intermediary between sellers and buyers of real estate/real property and attempts to match up sellers who wish to sell and buyers who wish to buy.”

Realtors provide a valuable service in advertising, holding open houses, negotiating, handling paperwork and making sure the sale goes through. The biggest hang up for seller is if it’s worth the 6% commissions to afford these services. That alone is why you may sell your house without a Realtor. Let’s go into some other options though before making a final decision.

Selling a house FSBO.

For Sale By Owner (FSBO) is the process of selling real estate without the representation of a Realtor. This means you’ll be using your own efforts to sell a house without a Realtor. This could be as effortless as selling to your neighbor down the street wants to buy your house as a way to downsize because you have a single family ranch and they have a two story home.

This is an attractive way to sell your house without a Realtor because you don’t have anyone in the middle of selling your house. You can dictate your own terms, learn more about the process and save money.

Selling to House Buying Companies.

Most people are surprised when they find out just how easy it is to get a fast and fair offer for their house. House buying companies are in business to solve problems. It doesn’t have to be a tragic problem, it could just be you want to go about selling your house without a Realtor because you just landed a dream job in a different state. You don’t want to pay for two houses so the logical thing to do is sell one.

Doesn’t matter if you’re in probate, pre-foreclosure, a tired landlord or job relocating. If you’re working with a legitimate house buying company, they’ll be able to perform on buying your house regardless of situation or your property’s condition.

Are you wondering where you can find a local house buying company? Look no further than this blog post!

At the Adam Buys Houses Company if you want to sell your house without a Realtor! If you want an no obligation offer from us, give us a call direct at 303-558-5843 or simply fill out the form by clicking here to get started.

Buying A House

Don’t Lose a Real Estate Bidding War in Arapahoe County CO

It’s possible to win a Arapahoe County CO real estate bidding war without paying a cent more than you budgeted for.

We’ve yet to see a Arapahoe County CO real estate bidding war on national television but they do happen. They remind you of those television shows that battle over storage sheds and how devastated the person is who over-payed and got nothing in return. It’s an emotional game that can make you lose control of a smart decision.

It’s nice to be competitive but it’s better to walk away with more money than you came with. Or to not lose money at all! Let’s get into some tips you can apply to make sure you don’t lose a bidding war.

1. What’s Your Bottom Line?

As far as emotional purchases go, buying a home ranks right up there with planning a wedding. Hopefully you know how much house you can afford ahead of time, you could get buyer’s remorse for spending too much and an angry spouse as well.

If $1,000 keeps you from pulling into the driveway of your dream home with a moving truck, then you might regret this more than you can imagine. If on the flip side you get outbid because someone offered more than you were comfortable with spending, then you didn’t lose anything and made a smart financial decision. You’ll be shocked on how a little could mean a lot. Make sure you submit a final offer with a strict timeline.

2. Communicate With Your Estate Agent

When walking around the neighborhood you want to live in and you see an open house of a property you love, take a look immediately without waiting for your agent. Make an executive decision today! Of course let your agent know afterward but don’t hesitate a single second to come into the house and come up with an offer you’re willing to make. You and your agent are a team but it doesn’t mean you can’t be more involved in the process.

You’re the one making a choice with your money after all.

3. Get A Fast Closing

This is not something that just works with professional home buyers. The best thing you can do is to try and figure out the seller’s true motivation. If they are bored and just wanted to see what they can get, chances are they may not sell to you for high price! Move on. If they are selling because they are moving out of state for a new job within 75 days, think about how happy they’ll be to hear you’ll close in 45 days or less. It’s not always about price.

10 business days (two weeks total time) should be plenty to let you schedule a whole house inspection and appraisal. You got to act quick though. You can get an accepted offer pretty quick with this as long as you perform. Make sure you’re pre-approved.

4. Buy It As Is Where Is

The fewer contingencies you place with your offer, the more attractive you look to sellers. Consider offering to buy the house as-is. You can opt out of conducting inspections. But since this is an extremely risky proposition in a real estate bidding war. Most professional home buyers have enough experience to do this because they have contractors and know what repairs will costs from day one. You can also decrease the inspection period to two days maximum. If you have a firm grasp of all the possible defects a property may possess and are willing to do repairs over time than you’ll be in a good spot.

 

If you came across this blog and actually have a property for sale or know someone who’s selling in Arapahoe County, give us a ring or visit click here to get started.

Selling a House

How to sell a house in Denver without Real Estate Agents

House Without Agents

So you want to know how to sell a Denver house without agents of real estate. Maybe you’ve decided to sell your house in Denver Colorado but you would like to know how to sell a house without agents. Traditionally, people thought they had to look at only traditional means for selling a home, and many haven’t even thought about trying to sell in any other ways.

See if one of these ways is an absolute fit for you in selling a Denver house without real estate agents.

Sell For Sale By Owner

One option to sell a house without agents is to just do it by yourself. You will need to find a sign to put out in front of the house which says “For Sale by Owner“. These are usually available at a local hardware store, or home improvement store. Then you will need to decide which ways you want to advertise your home.

You will be responsible for advertising, staging and showing the home to interested or potential buyers. The biggest pro to selling your home yourself is you don’t have to pay commissions and can sell a house without agents. Another advantage is you are the boss and can do it like you want. The cons include the fact that you are having to do all the work; and it’s most likely to take you a lot longer to get it done.

 

Use Those Free Real Estate Sites

Trulia and Zillow are two websites which are very popular to use. They allow sellers to put pictures and prices up on the site and then interested parties can “shop” the site to find a home that meets their needs. These sites have a property calculator to help you decide how much your home is worth which helps you set a reasonable price on the property. There is no fee for listing your home on these sites and they connect buyers with sellers. They make their money through ads.

Pros for using these two online platforms to advertise your home include low cost and you don’t have to pay any agent’s fees or commissions. You will also reach a large amount of people very easily. Cons for using them include the fact that it can take a long time to find the right buyer. Another con is that you may have to deal with a lot of people who are “just shopping”.

Sell To A House Buying Company

Another option if you want to sell a house without an agent is to sell it to a cash home buyer. It’s as simple as making an appointment for them to evaluate your home. At the appointment they will make you a cash offer on your home. If you accept it, they will do the paperwork and the transaction is complete. Closing doesn’t take forever, and there’s no waiting for another party to qualify for a loan. You are paid cash for your property.

Pros and Cons: Pros include the fact that you do not have to do any home repairs, you don’t have to stage or show your home and it’s a very fast process that usually only takes a few days to complete. The cash buyer will take it as-is. You also don’t have to pay an agent any commissions or fees to sell your home for you. The only con is you may not be able to get the full retail value for the home even though you will be offered a reasonable amount.

All in All

These 3 options are ways for you to keep more money in your pocket by avoiding going through a real estate company. Each of these are viable solutions for selling your property, but you will need to decide which is the best option for your particular situation. Some of them take more work on your part than others, and many methods can be time consuming or take months to bring to an end. Rather than listing your house with a real estate company that will try to find you a buyer, you can be better offer going with a house buying company that will be your immediately buyer.

We Buy Houses in Denver Colorado. Contact us to see what your house is worth.

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Comparing Renting a House Vs Renting Apartments in Denver CO

In this article we’re going to cover the difference between renting a house vs renting an apartment and go in depth on the pros and cons of the two. It’s not a one sized fit’s all approach so we hop this is helpful in the end.

As you already know, rents in Denver keep rising but there’s more rentals than properties to buy. The competition is fierce. Doesn’t matter if it’s a house, townhouse, condo or mobile home either.

If you’re unsure about area, start by checking out 5280’s “The 25 Best Places To Live in Denver Right Now” for a head start!

Renting a Denver Apartment

You can explore all over Denver and find many great apartments. Depending on where you live you may run into the lifestyle vs apartment size dilemma. With the massive amount of construction going on you should be fine. You’ve probably found new apartment complexes with all kinds of amenities.

You’ve also probably found apartments that may seem like you’re living in the ghetto. Some areas need more development than others.

The Pros Of Renting An Apartment:

  • Rent is cheaper with an apartment
  • Services such as water, trash are included in the rent
  • Maintenance is taken care of by property management
  • More availability
  • A gym, pool, rec center, office space and internet are provided
  • Usually private parking will be included (no more looking for a space!)

The Cons Of Renting An Apartment:

– You may be able to hear what your neighbors are doing
– It’s hit or miss on if there’s an elevator (moving will be hard)
– The parking is included but it could be very narrow
– All amenities are shared (nothing is on your own time)

Renting a Denver House

When things we’re in a down market you had more availability of houses on the market so there was much less competition for one house. Now when you talk about renting a house vs renting an apartment you have to get very, very specific about the differences. If much more than lifestyle today.

Here’s some Pros for renting local houses:

  • More sqft included in the property
  • You don’t hear your neighbors (unless it’s a party)
  • You can make it more your own home
  • You’ll actually have a yard, front and back!
  • Easier to get to know neighbors and community
  • Utilities most likely will be paid for
  • May have a garage (or at least on street parking)

Here’s some Cons for renting local houses:

  • Expect to do more maintenance than an apartment
  • There are much, much less houses available
  • Going to cost more per month and up front
  • Beware of street sweeping from April to November

What’s the perfect fit for you?

It’s very difficult to say if one is better than the other especially if we’re only talking about Denver. Some love the city life of living in an apartment and don’t have children. Some have a family and love being left alone in quiet areas. It all boils down to personal preference and things change over time.

Cannot make a decision?

If you’re still unsure about renting a house vs renting an apartment, remember most things in life are temporary. Especially when it comes to where you live. You’re not going to be stuck in an apartment or house for the rest of your life unless you make it that way. Although we believe Denver is the best city in Colorado (our humble opinion), you can always try different areas of Colorado like Fort Collins or Colorado Springs too.

Go explore and have fun in the process. If you want to rent in an apartment, is a one year lease going to make or break you? Probably not. Test it out and see what works!

Adam Buys Houses Company buys houses in Denver, Colorado. We’ve been in business since 2011 and love every bit of what we do! Click here to find out more about us. If you or someone you know have a house for sale, give us a call.

Selling a House

How To Sell a House Fast Arvada CO: Tips For Success

Considering selling your house fast and want to do it as quickly as possible?  Of course! Most people want that. We buy and sell houses all the time and have some proven tips on how to sell a house fast in Arvada… or any other town or city.

We use these tips every time we sell a house we’ve fixed up. Most were learned when the real estate market tanked back around 2008.

With foreclosures up 81% back then, there were a lot of houses on the market clamoring for the attention of the reduced amount of buyers looking to buy a home.

Selling a House Fast Requires a Great Price

We quickly noticed that the single biggest factor in getting a house to sell fast in any market is the price.

Consider this from the point of view of buyers looking to buy a house in your neighborhood or area. They are likely going through dozens or even hundreds of listings that are most likely sorted by price.

Everybody wants a bargain. They are judging your house and its price against what your neighbors are asking for a similar house.

Pricing a house is not the easiest thing to do in the world so we wanted to provide some quick tips to help you determine a great price:

  • Check comps. Find out what other similar houses are selling for and how fast they are selling. Take the closest matches that sold quickly and average the selling prices.
  • How does your home compare?If you are working with an agent, you can have them show you pictures of the houses that sold. If you aren’t working with an agent, many times you can see pictures of houses that sold on Zillow.com or Realtor.com.

Get an Offer from a Cash Home Buyer

Not everybody is aware there are people who buy houses cash that will make you an offer to buy your house quickly.

You might wonder,”why do they buy a lot of houses?” They buy for investment purposes and usually have the cash to close faster. This allows you to sell your house without even putting it on the market.

What’s the catch with these house buying companies? They usually don’t pay full market value. That might be an issue if you need to sell for top dollar.

Of course, this option doesn’t make sense for all home sellers. It makes the most sense for people that don’t have the time or energy to deal with getting their house fixed up and put on the market. This is also a good solution for sellers that don’t like the idea of having dozens of complete strangers going through their house, looking at all of their stuff.

Use a Listing Agent

Real estate agents can list your house on the MLS (Multiple Listing Service)which will help you get maximum exposure.

If you decide to sell your house without an agent, you can get a ‘For Sale By Owner’ sign from Home Depot or Lowe’s and stick it in your front yard. I highly recommend you get the directional signs as well. This will allow you to point people driving around your area to your house that is for sale.

Tell everybody you know

Tell everybody you know that your house is for sale. Ask everybody you talk to if they know of anyone looking to buy a house in the area. You never know who might be looking for a house just like yours. This will certainly help you sell a house fast.

Agent Concessions

Give benefit to Realtors for finding you a buyer. We’ve given bonuses of $500.00 or more for buyers’ agents that sold their buyers on our houses.

There are agents that look for listings of houses for sale where these bonuses are available and start showing their clients these houses first. Get yourself on the top of potential buyers’ must-see lists with this tip.

When buyers see your house first, they may just fall in love with it and make you an offer. Offering an agent bonus has allowed us to sell a lot of houses faster over the years.

Agents are a great way on how to sell a house fast in Arvada.

Closing cost assistance

Not all buyers need assistance with their closing costs…but most do! Imagine how quick this answers how to sell a house fast in Arvada.

In order to sell a house fast, you should consider offering this assistance. Be sure to write into the description of your listing your willingness to pay some closing cost assistance. It really goes a long way in persuading buyers to give your house more consideration.

 

Be Different

We make it a point to find economical ways of setting our houses apart so that they sell much faster.

The secret is spending some time to see what houses are for sale that your home will be competing with. Then, make note of the similarities between the houses.

  • Do they all have egg shell white walls with trim?
  • Do they all have formica counters?
  • Do they all have wood cabinets?

What you want to do now is find some things to do that will make your house stand out because it doesn’t just match all the others that are for sale.

Final Thoughts About Selling A House Fast in Arvada

Whether you situation requires you to sell a house fast or somewhere else, you can follow these 5 tips we’ve outlined to pretty much guarantee a quick sale.

We’d love to hear any tips you might have for selling a house fast. If you have some tips, please don’t hesitate to leave them in the comments below.

Selling a House

How Long Is The Process To Sell My House With A Real Estate Agent?

Sell My House with an Agent

How Long Does It Take To Sell My House With An Agent Vs An Investor?

Sometimes you need to sell your house fast. Sometimes it doesn’t matter. If you find yourself pressed for time and wondering “how long does it take to sell my house with an agent vs an investor?” then this blog post will guide you through the answer…

You want to sell your Colorado house, and perhaps you need to sell in a hurry. Chances are, you arrived at this blog post because you’re hoping to find the best solution for you that sells your house as quickly as YOU want.

Before we get to the answer, it’s important to understand the difference between what an agent does and what an investor does:

When you sell your house with an agent, you are asking the agent to represent you in a sale and to try and find a buyer on your behalf. In other words, you’re selling THROUGH an agent to a buyer.

When you sell your house with an investor, you are actually working directly with the one who will be buying the house. In other words, you’re selling TO an investor (they are the buyer).

Now that you understand the difference, here’s how long it can take…

How Long Does It Take To Sell My House With An Agent Vs An Investor?

The Real Estate Agent

An agent needs to show your house to prospective buyers and try to convince them to buy. Therefore, they’ll want your house to be in pristine condition, and then they need to find as many prospective buyers as they can to show your house to.

Therefore, it can take weeks or months for you to fix up your house before an agent feels that it’s ready to list. And once the agent lists it, it can take months for the agent to find buyers to show your house to, and for one of those buyers to make an offer (on average, it can take 3-6 months… sometimes as long as 12 months for this to happen). And what people don’t realize is: if the buyer can’t get financing or gets cold feet in the deal then they can back out and you go through the process again.

Therefore, it can take months to sell your house through an agent – it all depends on how quickly you can get your house in “showroom condition” and how quickly they can find a buyer and whether the buyer goes through with the purchase.

How Long Does It Take To Sell My House With An Agent VsAn Investor?

The Real Estate Investor

This part surprises most people: an investor can buy your house very fast – some investors can even buy in as little as 7-10 days if that’s what you want. That’s because the investor is the buyer (so no showings are necessary) and many investors (including us here at Adam Buys Houses) buy houses in any condition so you don’t have to fix up the property either.

So, should you sell through an agent or sell to an investor? That’s up to you. An investor is faster so if speed is important to you then you may want to think about selling to an investor.

Adam Buys Houses is here to help. Whether you need to sell fast or just want to understand the process a bit more, get in touch by calling us or by clicking here and entering your information and we’ll gladly spend the time talking to you about the house-selling process for your situation.

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Inherited a Colorado house? Here are your options!

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Inherited a Colorado house? First of all, congratulations! We understand inheriting a house might be a stressful situation for some, but you don’t need to worry. We broke down your options and explored pros and cons. We also provided further steps you need to take after you make your decision.

So, what are your options?

If you inherited a Colorado house, sell it!

inherited a Colorado house and wanting to sell it, comes with plenty of unwanted headaches, especially if it’s something you didn’t want to happen. The first thought most have is to sell the house.

 

  • Who is responsible for negotiations and real estate agent hiring?
  • How will you divide the expensive?
  • Who is responsible for caring for the house while it is on the market?

If you inherited a house, you can also sell your house with a realtor without making repairs or sell to a cash home buyer. The best part is that you can get a cash offer in just 24 hours – you having inherited a Colorado house can be sold faster than you think!

 

Pros of selling an inherited house:

  • It can be sold on your time frame!
  • Paying in cash and having flexible options.
  • Not having to worry about the future of the property.
  • Peace of mind in being done with the property.

Cons of selling an inherited house:

  • You will have less control over who gets your house.
  • You might not be able to sell for the true value of the house.
  • Expensive commissions if sold with a Realtor.

If you inherited a Colorado house, Rent it!

Another option to consider is to rent your inherited Denver house. If the house is to be rented, the heirs might ask:

  • Who takes the maintenance calls from tenants?
  • Where will the rental deposits and payments be held?
  • How will the income after costs be split among the heirs – each month, quarterly or annually?

Cons of renting an inherited house:

  • It can often be time-consuming.
  • You’ll need to make sure your tenants are a perfect fit for the house.

Pros of renting an inherited house:

  • Creating networking relationships with the tenants.
  • Adding your management skills to your resume.

Move into your inherited house!

 

This option might be an obvious one – you could move into your inherited house and call it your new home.

The question that comes with moving into your inherited house is what to do with your current house. The same answers as above apply – you could easily sell it or rent it if you wish to do so.

Before you do decide to move into the inherited house,HouseLogic suggests to do the following:

  • Investigate the mortgage.

Especially if you’ve inherited your parents’ house at a loss – be aware of the current mortgage situation and know how to deal with it.

  • Physically check the house.

Is the property furnished or unfurnished? Take note of what needs to be fixed and what you want to fix. How does the season change affect the house? Do you like the surrounding area? See if all conditions meet your criteria before you decide to move in. Gather all necessary paperwork on the house and its appliances.

 

If you inherited the house from your parents, you need to address the following questions:

  • Are you moving in alone, with your siblings or other relatives?
  • If the latter two, how will you split the costs?
  • What do you want to do with your current property?

Don’t forget to check out Good Housekeeping’s moving checklist – 9 Smart Things to do Before You Move

So, what’s it going to be? These decisions take time and planning. Make sure you check your budget, consult with professionals and get all your documentation ready.

Decided to sell? Give Adam Buys Houses a call and we will provide you with the best offer given the condition of the home and your situation.

Get a Cash Offer Within 24 Hours

 

Sell to a local house buying company like Adam Buys Houses Company in Denver.