When it comes to selling a house in Odessa, most homeowners are familiar with the traditional methods of selling a home through a real estate agent. We’re not here to knock real estate agents or tell you that listing with an agent is a bad idea. In fact, if your home is in pretty good shape and you have the time, working with a local real estate agent can be a very good way to make a lot of money selling your home. But what if you can’t wait and you need to sell your house fast?
Our How To Sell My House Fast in Odessa, Texas Guide will give you a quick and easy roadmap to follow once you’ve decided to sell your house.
I Want To Sell My House Where Do I Start?
The first step to take when selling your home in Odessa is to figure out how long you can wait before the home is sold. Do you need cash within 30 days? Or can you wait 3-6 months to close? It all depends on your reasons for selling the home and it’s usually best to consult a professional before deciding on a timeframe.
Next, once you understand how long you can wait to sell your house, it’s time to evaluate the condition of your property in Odessa. Ask yourself if the home requires a lot of maintenance, repairs, or upgrades. If you can wait a few months to sell your home and can afford it, your best option is to bring your house up to code and up to date. If you need quick cash, your best option will be to sell your house to a company that buys houses for cash.
Now that you know your timeline and have a good idea about how much it will cost to get your house in tip top shape, it’s time to contact a real estate agent, online iBuyer, or a local company that buys houses for cash.
Do I Need To Sell My House Fast?
There are many reasons why a homeowner in Odessa would need to sell their house fast. Typically, it’s because they need to get a large amount of cash in a short amount of time. But there’s also a lot of personal or life situations that require a quick home sale as well.
Homeowners in Odessa will usually need quick cash to deal with things like foreclosure, credit card debt, medical expenses, bankruptcy, or other life changing financial situations.
Other reasons for selling a house fast can include job relocation, inherited properties, problem tenants in a rental property, or owning a home from out of state.
Does My House Need Repairs Or Upgrades Before Selling?
If you’ve decided you can wait a few months to sell your house, you’ll want to get a professional opinion regarding repairs or upgrades. Most homeowners in Odessa will reach out to a home inspector at this point. They’ll inspect a number of things like your foundation, flooring, roof, plumbing, electrical, HVAC, safety, and much more. Then you’ll have a good idea about the condition of your home and how much it will cost to get it ready to sell. And don’t forget about things like cleaning, curb appeal, and staging as well. Your real estate agent will insist on these things getting done.
If you decide that it’s going to cost too much to get your house ready for sale or take too long, you can choose to sell your house to a local company that buys houses for cash. Most cash home buyers, like us, will buy your house as-is. This means that you don’t need to worry about cleaning, staging, repairs, maintenance, or upgrades.
Who Buys Houses For Cash?
There are two main types of companies that buy houses for cash in Odessa, iBuyers and local cash home buyers. An iBuyer is another word for “instant buyer” and includes companies like Opendoor and Offerpad. These types of nationwide real estate companies will use technology and algorithms to buy and sell homes quickly. Then you have local cash home buyers who are usually small, family owned operations that truly understand the local real estate market. In most cases, a local home buyer will be able to offer a more competitive cash offer because they’re more familiar with your neighborhood and understand the true value of your home. They’ll also have close relationships with vendors and service providers in Odessa who can help clean and repair your home.
What is Opendoor?
Opendoor is an online company that purchases and resells residential real estate, also known as an iBuyer or “instant buyer” They’re known for using their own proprietary technology to make instant offers on homes in Odessa through their website. Then once they buy your home, they’ll make the necessary repairs and relist it for sale for a considerable profit.
What is Offerpad?
Offerpad is another iBuyer that competes with Opendoor and they offer the same real estate services for homeowners in Odessa. Based on online reviews, it seems the biggest difference between these two iBuyers is that Offerpad has a more personalized experience while Opendoor might pay a little more for your home.
What is Thousand Hills Properties?
Thousand Hills Properties is a locally owned and operated company that buys houses for cash in Odessa. We’re known for having a helping, caring, and personalized approach to every home sale we are involved in. We buy houses as-is and we’ll also give you a very competitive offer.
Do iBuyers Pay More Than Local Cash Home Buyers?
It’s been an open debate whether iBuyers can pay more for your house than a local home buyer. And to be honest, it really depends on the iBuyer and the local home buyer, so we can only speak for ourselves at Odessa. We’ll meet or beat just about any offer you get from an iBuyer like Opendoor or Offerpad.
Why can we pay more than an iBuyer? Because we have a true understanding of the real estate market in Odessa. We live here, we work here, and we love our local communities. We also have a lot of strong local connections to home inspectors, contractors, plumbers, electricians, and more. So when we buy your house as-is, we can usually clean and make repairs quicker and cheaper than online companies that buy houses.
We’ll Help You Get Started
So it’s time to sell your house in Odessa and you’ve finished How To Sell My House Fast in Odessa Guide. Where do you go from here?
Contact Thousand Hills Properties today for a free home selling consultation. We’ll take the time to understand your situation, your timeline, and your goals. And most importantly, we’ll take the time to get to know YOU. Let’s work together to find the best solution to sell your home. Whether it’s a quick cash sale or listing your home with a real estate agent, we’re here to help.
Call Thousand Hills Properties at (432) 237-3449.