As you may all know by now, the whole world has been suffering a pandemic since the first quarter of 2020. The end of this nightmare is nowhere in sight. Businesses and industries across the United States have been heavily affected by the coronavirus causing loss of employment and lower-income levels.
But not all hope is lost as the Kansas City real estate market has been one of the exceptions. If you are one of the many homeowners in town currently wanting to sell and have a dilemma on how to proceed, you should be just fine as the market is booming and you have several options to choose from.
The Kansas City Star recently reported ‘Despite pandemic, Kansas City housing prices soar in the red-hot market”. This has surprised many industry experts as other US real estate markets have not had the same fate. If you are a homeowner in the city planning to sell your property you should be able to get a great bargain for your house.
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Kansas City has actually been performing better than even boom towns like Denver, Nashville, and Austin even before the coronavirus. Luckily for you, this momentum still persists and has even increased, despite the pandemic causing near-record high unemployment rates and impaired consumer confidence. In the following paraphs, you will find 3 easy options you have readily available to sell your house.
1. Sell to a Home Buying Company
If you want to sell your house fast in Kansas City, this is definitely your best option. Just like in any other city in the US, there should be several home buying companies in the city to choose from. Home purchasing companies should not only offer a fast option but also a simple and straightforward process in as little three to four steps.
First, you would start by filling out a short online form or calling them directly to better understand the details of the property and your situation. Secondly, someone would get in touch with you once again to set up a quick appointment to visit your property. Shortly after you as the homeowner will be presented with a fair, written, and no-obligation cash offer. Should you accept the offer, the Home Buying Company can close at a local reputable title company in as little as seven to ten days or based entirely on your schedule and circumstances.
Benefits with this option include a stress-free and quick process, no closing costs including fees, commissions, and/or repairs, and most importantly you will not need to list your house on MLS as a real estate agent would do, as these companies usually sign a contract with you to buy yours quickly no matter what condition your property is in.
2. Hire a Real Estate Agent
Based on a statistic by the National Association of Realtors, as much as 89% of homeowners recently sold through a real estate agent. This is the most popular or traditional option people have preferred over the years.
Choosing a realtor can have its perks but it can be a stressful and lengthy process. Selling your property with this option can take as long as 60 days before you see any results. Your property could also be engaged in a bidding process. On the other hand, your property will be exposed more and you will have an expert in the field helping you navigate the transaction.
3. Do It Yourself Option
The least convenient option you can choose is to sell it yourself. You might have a hard time listing your house or appraising the property. Eventually, you will probably have to invest in a third party to help you in the process. On the upside, if you go down this path you get to sell it on your own terms and on your own time frame. So if you have time, patience, and knowledge you should definitely give it a try.
Whichever option you decide to choose, make sure you do take the time to do all the research necessary to see which one will work best for you, your current situation, your family, and your property. Life is all about options and you should have enough when it comes to selling one of your most precious assets.