Relocation is a complicated exercise in coordination. We get local Northwest Arkansas home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in Northwest Arkansas“. The great thing is that we’re able to help a good many of those sellers sell their house quickly (because we’re actively buying houses in Northwest Arkansas right now!).
Moving can indeed be a challenging and stressful experience, especially when significant life changes are involved. It’s important to acknowledge the multitude of details that need attention and the emotional impact it can have. Here are some insights and reminders to help manage the process:
- Prioritize self-care: Moving can be physically and emotionally demanding. Take care of yourself by getting enough rest, eating well, and engaging in activities that help reduce stress.
- Create a plan and checklist: Develop a comprehensive plan and checklist to stay organized. Break down tasks into smaller, manageable steps to avoid feeling overwhelmed.
- Seek support: Don’t hesitate to ask for help from friends, family, or professional services. Delegate tasks and responsibilities to alleviate the burden on yourself.
- Communicate openly: If the move is related to a new job or a sick relative, communicate with relevant parties involved. Inform employers, colleagues, or healthcare professionals to ensure a smooth transition and support network.
- Keep important documents in order: Gather and organize essential documents, such as identification, medical records, financial records, and legal paperwork. Keep them in a secure and easily accessible place.
- Set a realistic timeline: Consider the time constraints and obligations associated with your move. Set realistic expectations for completing tasks and allow for flexibility in case unexpected issues arise.
- Stay positive and adapt to change: Moving signifies a significant life transition, and change can be challenging. Embrace the opportunity for growth and focus on the positive aspects of the move, such as new opportunities, personal growth, or being closer to loved ones.
Remember, reaching out to professionals, such as real estate agents, movers, or relocation services, can help alleviate some of the stress and ensure a smoother process. They have experience in managing the intricate details of a move and can provide valuable guidance.
By acknowledging the stress and challenges that come with moving, being organized, and seeking support when needed, you can navigate the process more efficiently and focus on the positive aspects of your new journey.
Don’t Worry – Get Organized.
You’re correct that owning and maintaining a vacant house for an extended period can be costly. It’s important to consider the carrying costs associated with property ownership, such as mortgage payments, property taxes, insurance, utilities, and maintenance expenses.
Market conditions can indeed change, and it’s impossible to predict future fluctuations with certainty. While the real estate market in Northwest Arkansas may currently be stable, it’s wise to be aware of potential risks and keep an eye on market trends. If you’re concerned about the possibility of a downturn or other unforeseen circumstances, it may be prudent to explore alternative options to mitigate financial risks.
So how do you make the right choices when you’re relocating and need to sell your Northwest Arkansas house fast?
Relocating And Need To Sell My House Fast In Northwest Arkansas… Your Options And Steps
- Find out what your house is worth: The first is to contact a reputable real estate agent or connect with us and we can give you a no cost no obligation valuation on your property. As you obtain information on what the house may be able to sell for in the current market, this will set the basis for how long you may or may not be able / willing to sell your house.
- Decide how fast you need to sell your house after you relocate: This is a really big step. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year before selling it for a much much lower price than they hoped. You should decide how fast you will need to sell your house and how long you’re willing to keep making 2 mortgage payments, insurance payments, etc. This could be a very costly decision.
- Find a solid real estate agent BEFORE you start packing boxes: Get the ball rolling early so you don’t waste any time. Every month that you wait or every month that it takes to sell the house could costs you a lot of money. If you don’t want to use a real estate agent to sell, we are a very reputable local house buyer and we’d love to make you a fast-fair all cash offer. Just fill out the form through this link to get started >>
- Calculate the value of selling your house fast vs. “waiting it out” for a dream price: We all want to sell our houses for as much as possible. But one thing many people forget to do is come up with the $ amount of how much it costs you to hold onto this house. The costs involved include the mortgage (which if you’re still within the first 10 years of the mortgage, the majority of your payment interest and not hardly going to principal at all), insurance, taxes, maintenance, etc.Lets say you want to sell your house for $200,000 and your mortgage payment is $1,200/mo, taxes $200/mo, $100/mo for insurance, and $100/mo for maintenance (lawn maintenance, repairs while you’re gone, etc.). Those expenses add up to $1,600/mo in “non equity building” expenses.If it takes you 7 months to sell that house through a real estate agent for that $200,000, it cost you $11,200 in DIRECT “holding costs” + you had to pay $12,000 in real estate agent fees (assuming 3% for the buyers agent and 3% for the sellers agent). Totaling $23,200 in LOST money. That doesn’t even account for the value of your time, your stress in thinking about that property sitting on the market, the opportunity cost of what you could have been doing with that extra money during those 7 months, etc. So the real cost to you was likely closer to $30,000. But, what if you were to sell your house next week and avoid all of that?Even if you sold for a discount below the retail price (lets say… $175,000)… you’re still ahead of the game by selling the house NOW at a discount to a home buyer like our company vs. 7 months later at full price (and paying holding costs and real estate agent fees). I hope this make sense?
- Take action!: Whatever you decide, please decide and take action. If you want to go the real estate agent route, great! Find a reputable local Northwest Arkansas agent. If you’d rather not have to wait and not have to pay real estate agent commissions, then a viable option may be to sell your house to us 🙂
Testing the market by offering a property at a high price can indeed be a strategy to see if someone is willing to pay more than the average market value. However, it’s important to note that this approach carries some risks and may not always yield the desired results.
When pricing a property significantly above its market value, there is a possibility that potential buyers or renters may be deterred from even considering it due to the perceived overpricing. Many buyers and renters rely on market research and comparative analysis to determine the value of a property, so setting an excessively high price might result in limited interest or a prolonged time on the market.
While it’s true that exceptional and unique properties can command a premium, it’s important to be realistic and objective when assessing the true value of your property. Hiring a professional appraiser or consulting with experienced real estate agents can help provide an accurate valuation based on market conditions and comparable properties.
Regarding marketing a property for both rent and sale simultaneously, it can indeed be a strategy to gauge interest and potentially secure a deal faster. However, it’s crucial to manage the process carefully to avoid confusion and potential legal issues. Different jurisdictions may have specific regulations and requirements for simultaneous marketing of properties for rent and sale, so it’s advisable to consult with a local real estate professional or attorney who can guide you through the process.
Ultimately, understanding the local market, setting a realistic price, and implementing a targeted marketing strategy can increase the likelihood of attracting potential buyers or renters and securing a favorable outcome.
In certain situations, we may partner with property owners to help secure lease option agreements where highly qualified purchasers rent the property for an agreed time before buying.
In other cases, we may help renegotiate a loan, help make monthly payments or conduct a short sale with a bank.
We love helping people solve complicated problems.
Creative solutions can bridge the gap to get you where you need to be.
Who Is Roundtree Properties And How Can We Help You If You’re Relocating And Need To Sell In Northwest Arkansas?
We’re investors. We support our families and beautify neighborhoods by buying houses from Northwest Arkansas home owners who need to sell fast for one reason or another.
The types of sellers who tend to work with us include people who…
- Need to sell fast (we can close in as little as 7 days if you need us to)
- Don’t want to hassle with listing a property with an agent
- Don’t want to pay real estate agent fees
- Can’t sell their house for one reason or another (we buy houses in as-is condition)
- … or a variety of other reasons
But we’re passionate people, and we believe in the Northwest Arkansas community.
We’re honest and straightforward.
We’ll quote you a fair price, and we can close fast with cash.
While managing a remote property sale does come with certain risks, proper planning, reliable professionals, and effective communication can help mitigate potential challenges. It’s crucial to stay involved, make informed decisions, and rely on experienced professionals to ensure a smooth and successful sale from a distance.
We’re happy to help you find answers to your toughest questions about your Northwest Arkansas real estate, so please feel free to call us at (479) 640-1761 and chat with us anytime.