April 28, 2022
When first considering selling your home, the thought of listing with a real estate agent is usually swiftly followed by the dread of paying commissions. Listing on your own saves money but can be a real headache. Auctioning your home may sound like a way to sell without the hassles, but before you jump into the nearest auction house, you might want to give some serious thought to the time and costs of this route. Read on as we explore what you should know about auctioning your house in Lake Elsinore and why selling to Stars and Stripes Real Estate is a better choice. Bargain Prices If you’re thinking about selling your home in Lake Elsinore, you may be wondering what kind of offer to expect. After all, a house is typically the most expensive purchase that most people make in their lifetimes, so it makes sense to want to get the best price possible. However, many buyers are looking for bargains when they shop for real estate. If this describes your buyer pool, then selling your home in an auction can seem like a great option to earn some fast cash. At Stars and Stripes Real Estate, we offer a better deal than auctioning could provide. We know our city well, and we want you to feel good about your decision long after closing day. That’s why we make sure to be fair and transparent in our offers, so you know exactly what you’re getting. Plus, we don’t just disappear after the sale – we’re here for you if you have any questions or need help down the road. When you work with Stars and Stripes Real Estate, you can rest assured that you’re getting a good deal. Contact us today to learn more about how we can help you sell your home in Lake Elsinore. Expensive When you speak with the auction house, you must inquire about the total costs upfront before auctioning your home in Lake Elsinore. Included in your budget for the auction should be marketing expenses, typically higher than when listing, in addition to the auctioneer fee. Don’t forget to verify the “no sale” fee; if you set a reserve price and there is no sale, you’ll still owe the auction house a great deal of money. Selling to Stars and Stripes Real Estate is a better choice financially because we charge zero commissions, no closing costs, you won’t need to make any repairs, and we never have hidden fees in our simple and straightforward contracts. In addition, there’s no need to worry about marketing costs because when you sell directly to Stars and Stripes Real Estate, marketing costs get eliminated. Structuring There are three options you should know about when you select the sale structure when auctioning your house in Lake Elsinore. Your choices are to sell with a reserve, a minimum, or absolute. You should be aware that the type of sale at these auctions affects buyer turnout; for example, reserve auctions attract far fewer buyers than absolute auctions, where the home sells to the highest bidder, period. Even setting a minimum bid amount detracts from your buyer pool. Selling to Stars and Stripes Real Estate is a better choice because you won’t have to stress over which selling option you select to sell at auction, and your closing date is guaranteed, often in a matter of days. Now, if that time frame stresses you out, relax. At Stars and Stripes Real Estate, we’re happy to work with you to set a convenient closing date. Are you ready to learn even more about what you should know about auctioning your house in Lake Elsinore and why selling to Stars and Stripes Real Estate is a better choice financially and an easier process for you and your family? Talk to one of our professional investors at Stars and Stripes Real Estate today with no obligation and no pressure, and we can help you over any hurdles that you believe may be standing in the way of selling your house. We’ll buy your home as-is for cash, and the amount we offer is the amount you will have in your hand at closing. Why not let us help you now? Call Stars and Stripes Real Estate at (844) 932-8943.
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