If you’re considering selling your home, you automatically assume that the best way to do it is to contact a real estate agent and list it on the MLS. But depending on your circumstances, other options could be better for you. So before you go on ahead and list it, consider the alternatives as those may do better for your home in Columbus, Ohio.

You’ll need to think about multiple factors, like how much time you have and whether or not your home meets current buyers’ preferences, before making a concrete decision. If necessary, getting your Columbus home ready for sale should also factor into your choice of listing method.

While you’re still on the fence about the best way to sell your home, read this article to learn four out-of-the-box methods to sell your property in Columbus, Ohio.

Owner Finance

Know the banks in your area. It is a smart idea to list your home for sale with a local Columbus bank and utilize it as a home equity loan. This method of real estate investment opens your house to a wider range of purchasers, including individuals with less-than-perfect credit ready to pay a premium for the opportunity to become homeowners.

In this case, you’re in the driver’s seat, setting a higher sales price can be a good move to consider in case the market gets even hotter. They’ll buy at a wonderful bargain when the option expires in two or three years. However, you should be aware that you also carry risks through this method. There may come a case wherein you could be dealing with legal issues if potential buyers cannot obtain financing.

Rent with a Purchasing Option

A contract with an option to purchase at the end of two years is a unique and creative approach you can take to sell your home in Columbus for a good price. Through this, buyers are given more time to think about your offer and at the same time, make money for you during the contract period. As a result, you may charge a bigger initial deposit and add more money rent over time.

With this approach, you can also mark the final sales price at a premium. However, you still need to be wary about specific circumstances. For example, because renters may terminate their agreement anytime, they might harm the property or fail to take appropriate preventative maintenance measures. If this happens, the house might incur high repair costs before you can sell it again. Therefore, before considering this route, you should take the necessary precautions and stay vigilant with your property.

FSBO

One way to avoid paying real estate commission fees is to list your home as “For Sale by Owner” or FSBO. Although this home sales method may be attractive to some homeowners, it’s important to know that according to studies, only around 10% of FSBO sellers are successful.

Often, this is because sellers lack experience marketing their property and handling negotiations without letting personal emotions get in the way. Studies have shown that a home that lingers on the market for long periods of time will rarely sell at current market value prices.

Direct Sale

Another alternative method for you to sell your home in Columbus, Ohio is to work with a company like Offer Express, a cash home buyer that buys houses in Columbus for 100% fair cash offers. Professional buyers have the power of cash backing them, so closing isn’t a long way away. An experienced buyer will listen to your demands and compare what you would get from a regular sale with a real estate agent.

Selling your house doesn’t have to be stressful. When you work with Offer Express, we’ll buy your home as-is, so you don’t have to worry about passing inspections or cleaning up before you leave. We can even work with you to pick a closing date that works best for you.

If you’re looking for an unconventional way to sell your home in Columbus, Ohio look no further than Offer Express! So give us a call at (614) 820 – 5777 today, and let’s get started.