Relocation is a complicated exercise to try to coordinate. We have local Dallas 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 Dallas“. 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 Dallas TX right now!).
There’s an insane amount of details to keep track of, plus the stress of whatever is making you move in the first place – often it’s a new job or a sick relative or even divorce, but the need to move always comes with drastic change.
So how do you make the most out of a difficult situation?
Don’t Agonize – Organize.
You don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 years. That can get very expensive, and it doesn’t have to be that way.
Although the market is relatively stable right now in Dallas, things can change in the blink of an eye. We’ve heard some serious horror stories over the past decade. Unless you’re wealthy with a lot of money in the bank, then you probably can’t afford to wait it out.
So how do you make the right choices when you’re relocating and need to sell your Dallas TX house fast?
Relocating And Need To Sell My House Fast In Dallas… Your Options And Steps
- Find out what your house is worth: To do this you can contact a reputable real estate agent or connect with us, Jamie Buys Houses, and we can give you a no cost no obligation valuation on your property. Once you know what the house may be able to sell for in the current market… that sets the basis for how quickly you may or may not be able / willing to sell the house.
- Decide how fast you need to sell your house after you relocate: This is a biggie. 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. Decide how fast you need to sell your house… and how long you’re willing to keep making 2 mortgage payments, insurance payments, tax payments, utility payments, etc.
- 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… costs you money. Or if you don’t want to use a real estate agent to sell… we are a reputable local house buyer in the Dallas area, 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 to calculate just 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 payments are going towards 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 costs 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 another 3% for the seller’s agent). Totaling $23,200 in LOST money. That doesn’t even account for the value of your time, the stress involved in worrying 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 could 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 Jamie Buys Houses vs. 7 months later at full price (and paying holding costs and real estate agent fees). Make sense?
- Take action!: Whatever you decide… decide and take action. If you want to go the real estate agent route, great! Find a reputable local Dallas, TX agent. If you’d rather not have to wait and don’t want to pay real estate agent commissions… then a viable option may be to sell your house to us 🙂
If you’ve got a lot of time on your side and a really great property, you might want to test the market by offering it out at a high price. There’s a small chance someone might just fall in love and be willing to overpay – people do crazy things for love.
Most properties are pretty average, in reality. They tend to be a lot like the other houses around them, in the same way that people who live near each other tend to have a lot in common too. So unless your property is truly exceptional, as in magazine-quality extra-special, you won’t capture the most money in the market by pricing at the highest point.
You can also win by marketing your property for rent and for sale at the same time, just to see what happens first. You have to maintain control of the process, which can confuse even seasoned real estate brokers.
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 Jamie Buys Houses And How Can We Help You If You’re Relocating And Need To Sell In Dallas?
We’re investors. We support our families and beautify neighborhoods by buying houses from Dallas homeowners 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 want to sell for a variety of other reasons
But we’re passionate people, and we believe in the Dallas community.
We’re honest and straightforward.
We’ll quote you a fair price, and we can close fast with cash.
If you’re prepared to wait and can hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances that risk can pay off.
We’re happy to help you find answers to your toughest questions about your Dallas real estate, so please feel free to call Jamie Buys Houses at 972-318-9500 and chat with us anytime.