Relocation is not an easy task! We get local Long Island home sellers calling us or submitting their house info every week saying. The great thing is that we’re able to help a good many of those sellers sell their house quickly (because we’re actively buying houses on Long Island right now!).
There’s an insane amount of details to keep together, plus the stress of whatever is making you move in the first place – often it’s a new job or a sick relative, but the true need to move always comes with a dramatic change.
So how do you make the most out of a difficult situation?
Don’t Agonize – Organize.
You don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 years. That gets expensive and it doesn’t have to be that way.
Although the market is relatively strong right now on Long Island, things can change in the blink of an eye. Interest rates are extremely high and that will ultimately lead to lower home prices. In fact, if it wasn’t for inventory levels being as low as they are right now, prices should be down at least 25%, because mortgage affordability is approximately 50% less than it was 18 months ago.
So how do you make the right choices when you’re relocating and need to sell your Long Island house fast?
Relocating And Need To Sell My House Fast On Long Island… Your Options And Steps
First…
- Determine your homes value: Start by assessing the value of your property. You can reach out to a trustworthy real estate agent or connect with us for a complimentary, no-obligation valuation. Having a clear understanding of your house’s potential market value establishes the foundation for deciding the timeline for selling.
- Set a Timeline for Selling After Relocation: This is a biggie. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year before selling it for a much much lower price than they hoped. Defining how quickly you need to sell your house and how long you’re prepared to manage two mortgage payments, insurance dues, etc., is of paramount importance..
- Find a solid real estate agent BEFORE you start packing boxes: Initiate the process early to avoid unnecessary delays. Every month the house remains unsold translates to financial loss. Alternatively, if opting out of the real estate agent route, our reputable local house buying service is at your disposal, offering a prompt and fair all-cash proposal. . Just fill out the form through this link to get started >>
- Calculate the value of selling your house fast vs. “waiting it out” for a dream price: This is often highly overlooked. In our experience, sellers will pay upwards of 8% of their total selling price on transactional costs. 4-5%+ to a real estate agent, prepping a house for sale, fixing things after the homeowner does an inspection, closing open permits, delays with closing, extra mortgage payments, etc. Even if you sold for a discount below the retail price … most of the time, you’re still ahead of the game by selling the house NOW at a discount to a home buyer like our company vs. 6 to 9+ months later at full price (and paying holding costs and real estate agent fees).Make sense?
- Take action!: Whatever you decide… decide and take action. If you want to go the real estate agent route, great! Find a reputable local Long Island agent (we have some agents we work with directly, feel free to reach out to us directly at will@2rproperty.net). If you’d rather not have to wait and not have to pay real estate agent commissions… then a viable option may be to sell your house to us 🙂
If you’ve got a lot of time on your side and a really great property, you might want to test the market by offering it out at a high price. There’s a small chance someone might just fall in love and be willing to overpay – people do crazy things for love.
Most properties are pretty average, in reality. They tend to be like the other houses around them, in the same way that people who live near each other tend to have a lot in common too. So unless your property is truly exceptional, as in magazine-quality extra-special, you won’t capture the most money in the market by pricing at the highest point.
We love helping people solve complicated problems.
Creative solutions can bridge the gap to get you where you need to be.
Who Is 2R Properties And How Can We Help You If You’re Relocating And Need To Sell on Long Island?
We’re investors. We support our families and beautify neighborhoods by buying houses from Long Island home owners who need to sell fast for one reason or another.
The types of sellers who tend to work with us include people who…
- Need to sell fast
- Don’t want to hassle with listing a property with an agent
- Don’t want to pay real estate agent fees
- Can’t sell their house for one reason or another (we buy houses in as-is condition)
- … or a variety of other reasons
But we’re passionate people, and we believe in the Suffolk County community.
We’re honest and straightforward.
We’ll quote you a fair price, and we can close fast with cash.
If you’re prepared to wait and can hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances that risk can pay off.
We’re happy to help you find answers to your toughest questions about your Suffolk County real estate, so please feel free to call us at (631) 571-7151 and chat with us anytime.