How to Sell a House Fast In North Carolina

Currently, North Carolina is a great place to sell a home. Zillow estimates that North Carolina home prices increased by 4.75% this year and will increase by another 3.6% in 2020. 

On average, houses in North Carolina sit on the market for more than three months. And that’s assuming a quick sale, with no hitches in the house inspection, appraisal, or closing. It’s always a good idea to make any necessary improvements before putting your home on the market. Refinishing your bathtub can be a cost-effective way to improve the overall appearance of your bathroom and make it more appealing to potential buyers. For example bathtub refinishing in Charlotte NC can give your bathtub a fresh, new look without the need for a full replacement, which can be expensive and time-consuming.

However, there are strategies that can help you sell your home fast. As vital as it is to sell quickly, maximizing your net profits is much more significant. 

Now if you’re wondering “how can I sell my house fast,” check out this easy-peasy 8-step approach to help you do so in a hassle-free manner.

Find a Real Estate Agent in North Carolina

It is difficult to sell a home. It’s a high-stakes, intricate deal that calls for plenty of time and skill to pull off successfully. 

Find a top-rated real estate agent in North Carolina if you want to get the most money for your property and have the least amount of stress selling it.

Sellers who employ real estate agents receive a 33% higher average sale price than DIY sellers. This amounts to a premium of $65,722 on the median house value in North Carolina of $199,157, as reported by Zillow.

Time the Sale

Timing is very important when it comes to selling a house for top dollar. If you want to maximize your profit from the sale of your North Carolina house, then June is your best bet.

The average market time for a home listed this month is 48 days, which is much less than the 57-day state average in Colorado. 

Houses advertised for sale in June typically sell for $255,000, an increase of roughly $12,000.

The state’s economy as a whole should also be considered. There will be fewer potential customers willing to spend heavily if the employment market appears to be stagnant.

Hit the Pricing Bull’s-eye

Overpricing might result in buyers losing interest and your house sitting on the market for a long time, while underpricing could result in a rapid sale but at a price so low that you don’t even break even.

A comparative market analysis (CMA) may help you determine how much your house is worth in relation to others in the area. 

This includes factors unique to your community, such as the standard of nearby schools, the relative size of your house to the competition, and the range of extra features your property provides.

Your real estate agent’s ability to price your house competitively and properly depends on their ability to include all of these factors in a Comparative Market Analysis (CMA).

Stage and Market Your House

It’s important to give your property a little TLC before putting it up for sale so that it stands out from the competition. 

Getting rid of excess items is a free and simple approach to making your house feel more welcoming.

Put away any messy computer wires, papers, etc., and remove any bulky, out-of-date furniture. Put away any children’s artwork or family pictures. 

Having this information handy can aid potential buyers in seeing themselves in the home.

The highest return on investment is often seen after focusing on the kitchen and bathroom and giving them a thorough cleaning and repair. 

Apply a new layer of paint to the walls, and maybe even paint or replace the cabinet hardware (handles, etc.) for a more updated and sanitary bathroom.

Virtual tours are the initial impression that most potential buyers will get of your house. To get the best results, it’s important to work with expert photographers. 

They have the expertise to capture your house in the best possible light and capture striking images of its most appealing characteristics, increasing the likelihood that potential buyers will be interested in making an offer.

Buyers in North Carolina will prioritize environmentally friendly properties. Buyers who are concerned about their carbon footprint may be enticed by the prospect of installing an air conditioner or heating system as the weather becomes warmer to hotter throughout the year.

More people will be interested in purchasing a home in North Carolina if it has a nice patio or garden since they can easily see themselves hosting barbecues and nighttime wine parties there thanks to the state’s milder weather.

Being adequately prepared for the open house will help your home sell more quickly. 

Remember to get rid of any large pieces of furniture, and think about having a real estate agent stage your property. They are well-versed in the preferences of their customers.

Don’t show up to the open house with your dogs or yourself. Most buyers would rather not purchase a home from which the owner is still there. 

If you plan on being away from home for an extended period of time or have already moved out, a lockbox is a convenient option for allowing the real estate agent and the buyer access to your property.

Handle Biddings and Offers like A Pro

Both you and the potential purchasers want to get the most money out of the sale of your house. It’s at this point when haggling and counteroffers become relevant factors.

Make sure you have a clear idea of your goals before entering into talks. Have you thought about the closing costs for sellers? 

Whether you’re bringing them with you or leaving them behind for a fee, do you plan to use the washer and dryer before you leave?

Once a deal is reached between a seller and a buyer in North Carolina, the parties start a due diligence phase, which can run anywhere from 14 to 30 days.

In addition to the purchase price, the buyer will also be required to pay a due diligence charge to cover the cost of inspections and an earnest money deposit of between 1 and 2% of the purchase price to safeguard the seller against a possible late withdrawal.

Seek Professional Help for Appraisal and Inspection

It is wise to obtain an assessment before putting your property up for sale in order to gain a sense of its value and its potential market success. 

If the appraiser gives your property a good rating, more banks will be prepared to loan money to purchasers so they may buy your house.

There should be no chance of a buyer acquiring your house and then seeking to sue you later for damage that wasn’t reported in an inspection, which is why home inspections are crucial for both sellers and purchasers.

It is important to know what major repairs the inspection reveals are the seller’s responsibility, such as structural damage, HVAC difficulties, and notably in North Carolina, termite infestations. 

All insect and rodent problems will be your fault.

Get the Paperwork Right

You and the buyer are both safeguarded by a seller’s disclosures. North Carolina law mandates that sellers disclose to purchasers any material flaws in the property, such as structural issues or pest infestations so that the purchaser is not caught off guard.

You, the seller, are safeguarded from a lawsuit brought by the buyer who claims you should have fixed an issue you disclosed.

A four-page disclosure form will need to be filled out in the state of North Carolina, with questions ranging from whether or not there are structural difficulties and radon issues to whether or not the ceiling fans in the home function.

If you want to avoid problems in the future, full disclosure is essential.

Always check with your agent or attorney before signing or filing any papers associated with the closing of your house. 

All documentation should be handled by a qualified expert who will guide you through the process and make sure you have all you need.

Closing Time

At closing, the parties sign paperwork and exchange monies to officially transfer ownership of the property. 

In North Carolina, both the buyer and the seller are required to hire legal counsel when transferring property ownership.

You need legal counsel who can negotiate with the seller’s and buyer’s representatives and the lender to ensure a smooth closure and timely funding.

Sellers often pay certain closing charges such as deed and tax stamp processing fees. 

Be ready for purchasers to ask you to contribute to the expense of surveys if you live in a more remote portion of North Carolina. 

Also, be aware of the various closing costs for sellers. Expect to shell out anywhere between 4-5%

Final Word: Is It Worth Selling Your House In North Carolina Quickly?

It is completely up to you; if you are going through a divorce, contemplating a move, or experiencing any of the other conditions mentioned above, selling your property fast is your best option. 

Don’t be in a hurry to sell your North Carolina house if it’s in good shape and desirable to buyers. 

A better alternative would be to approach a flat fee MLS North Carolina company like Houzeo which will help you list your house on the Multiple Listing Service (MLS), followed by substantial advertising, and mediating prospective offers. 

Armed with a state of the art technology and stellar customer service, Houzeo will put your home on the Multiple Listing Service (MLS) for a small, one-time fee. 

In addition, you have the option of choosing from many packages to find the one that meets your specific requirements.