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Minimizing Stress and Maximizing Profits During Relocation
Minimizing Stress and Maximizing Profits During Relocation
According to Allied, a major moving company, 34.37% of their customers (relocating workers) reported that employers only gave them 1-2 months to sort themselves out and settle into their new roles.
This is a lot of time on paper, but considering that you'll also have to deal with lengthy loan processes, coordinating moving logistics, and closing timelines on your new home.
You also have to handle essentially two mortgages, do staging, navigate the lengthy closing process, and coordinate open houses spanning several weeks on the old one— nobody has time for that!
Thankfully a combination of proactive marketing tactics, home staging, and a bit of sweat equity (fancy term for a light DIY renovation) can help maximize profits. Here's how you can do that:
Sell Your House To A Local Minnesota HomeBuyer Today!
Lorraine Aguilar
Yuba City, California
"It truly has been a great pleasure working with Jerry and Molly. They’re both very professional, extremely knowledgeable, honest and caring individuals. Thank You so much!"
Cassy Jo. and Steven W.
Minneapolis MN
It was a fantastic experience! From the initial consultation to when we finalized paperwork, Molly and Jerry were very responsive, on top of everything, and were always available to answer any questions we had. If you're talking about going above and beyond, they did that and more!
Daniela C. R
Fort Worth, TX
They stepped in and helped me find a new house for me and my family even after they bought our house. It was tough trying to get all this done on my own prior to, but they truly helped to lower my stress level. From coordinating the movers all the way up until the truck was packed, I never thought it could be this easy.
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Marketing Tactics For Better Selling Options
Marketing Tactics For Better Selling Options
"Wait, why are we learning about marketing? I just want to sell!" This is probably the first question that came into mind when you saw that header.
To sell your house fast, you need to understand that location along with several smaller factors dictates on how quickly and efficiently you can actually sell it.
For example, neighborhoods in Minneapolis wildly vary in popularity and demand. Arguably, the best places to live would be inside Hennepin County due to their amenities, excellent schools, and vibrant job market therefore command higher prices in the local real estate market.
If you live in a less competitive housing market, say Duluth, you'll most likely need more aggressive marketing tactics to attract buyers and for you to stay on top of your relocation process.
If you want to really maximize visibility, putting up a "for sale" sign on the could work, too.
However, how do you set a fair price? As much as we'd love to avoid it, consulting with a local real estate agent is the best option here. They have the know-how to price your current property just right for buyers to take an interest without overpricing or undervaluing it. They can also factor in recent sales in your neighborhood in this decision-making process.
Examples You Can Utilize
Understanding these dynamics can help you settle on a competitive price that accurately reflects its current market value. Price the sale price too high and you'll have the house sit there for months; price it too low and you'll lose out more on the sale proceeds.
Listing on the MLS is a no-brainer, but selling could take a while. However, professional-looking photos, virtual tours, and compelling property descriptions can certainly help you close faster.
For this reason, the number one marketing channel you should quickly take advantage of is social media platforms like Facebook. A post or two can help reach more potential buyers in the shortest possible time for a quick sale.
Staging Your Home
Staging Your Home
While you're preparing for your move, you'll have to simultaneously stage your home. If this is your first time hearing that term, staging refers to the process of organizing and decorating your home to make it ready for the market.
First impressions really count. A well-staged home doesn't only help facilitate a fast, hassle-free sale but can also help command a higher selling price due to its enhanced appeal.
However, staging your home doesn't have to be expensive. You can keep it fairly cheap, clean, simple, and organized. This allows potential buyers to envision themselves in the home. Start by decluttering your space and removing personal items, then sell, donate, or discard the unnecessary things that you won't bring into your next home.
For extra points, consider simple upgrades like a fresh coat of paint, minor repairs, and updating light fixtures to improve curb appeal.
Disposing Unwanted Things
As for the unnecessary things, you have three options on what to do with them. You can sell, donate, or give them away — prioritizing them in that order.
We often advise a property owner to visit their local charities and donate to them instead as much as possible. A Goodwill or Salvation Army store would work, too. This is because charity receipts are tax-deductible, giving you a bit of incentive while still giving back to the community.
However, if you have no way to make the trip, let alone clean up the place, part of our house buying process as cash home buyers involves picking up the work for you.
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If you'd rather skip the the traditional selling process and hand the property in its current condition to us. As we said before, we handle all these multiple responsibilities for you, so you can easily transition into your new life.
That said, we hope this article helps you confidently handle how to sell your house for job relocation purposes. If you have any more questions or concerns, don't hesitate to contact us today.
Whether it’s about cash offers, rental property tips, or understanding and managing closing costs, we're ready to assist you.
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Key Takeaways
Job relocation is an extremely stressful period thanks to the work we need to put in, but it can also become a smooth process with the right guidance.
Again, consulting with a real estate agent or financial advisor can provide clarity and direction, ensuring you’re equipped to tackle local regulations and tax implications.
One piece of advice: don’t overthink it too much. People do it every day and all the time. Embrace the process, remain proactive, and soon enough, you'll be just in time to settle into your new role.
