If you’re planning to list your Pittsburgh home for sale, there are a few things that you should consider in preparation for the process you’re likely to face. There are several key facts that real estate agents will not tell you when it comes to selling your house in Pittsburgh. Take a look at the information below to avoid any unpleasant surprises.
It Can Be Inconvenient Selling Your House in Pittsburgh
Selling a home the traditional way can greatly cut into your personal time. If you value spending evenings and weekends at home with your family, you may find that selling your home can get in the way. Potential buyers typically prefer to book showings during evenings or on weekends, so throughout the selling process, it will become commonplace to have strangers wandering through your home during these times.
Additionally, sellers need to be ready for a showing with little to no time for preparation. This means that homes need to be kept in constant perfect condition in order to be ready for buyers to visit.
Your Home Sale May Experience Closing Delays
Even after you have accepted an offer on your home, it may take quite some time to complete the transactions. Closing is one of the longest timelines you’ll face when selling your house in Pittsburgh, because of the requirements that have to be satisfied along the way. The home will need inspections and appraisals, as well as other deadlines that have to be met to prevent closing delays.
It’s not uncommon for closing to take 60 days or more when sold traditionally with conventional financing involved. Though it’s a normal part of the home-selling process, many agents neglect to mention it to clients selling their Pittsburgh home.
Your Home May Spend MANY Days on the Market
No two home sales are identical, and if you’re planning on selling your house in Pittsburgh, it’s crucial to be aware of how long it may spend on the market. Agents can give a rough estimate of the time it takes to sell a home, but he or she cannot guarantee that your home will fall into that average.
It’s a good idea to be prepared for a lengthy process. If time is an important factor for your situation, you may need to plan accordingly to weather a long wait. In addition to the hassle of waiting, you may find that you’re suddenly responsible for paying bills on two properties if you have to move before your first home has sold.
Contingencies Might Be a Hassle
Selling your house in Pittsburgh may bring a lot of disappointment with it. The truth of the matter is, home sales can fall through at the drop of a hat, so it’s wise to avoid getting your hopes up.
If contingencies are not met or your home does not pass inspection, the buyer is likely to either renegotiate the terms of the sale or even abandon it completely. Though contingencies can be very stressful, they’re a normal part of the selling process. That said, agents do not always prepare sellers for these issues ahead of time.
You May Need To Make Repairs
A potential buyer will commonly request that repairs are made to your home before they agree to purchase it. Sometimes these repairs are fairly simple and inexpensive, while other times they can cost thousands of dollars. As the seller, you’re responsible for meeting these demands if they’re required by the lender. Failing to do so will result in the contract being voided.
Your Profit May Be Less Than You Expected
There are quite a few costs involved in selling a home. On top of standard selling fees and agent commissions, you may find that a sizeable sum of money is needed to photograph and stage your home. There are quite a few costs that many sellers fail to take into account before starting the home-selling process. As a result, if you’re selling your house in Pittsburgh, you may find that your profits are not as high as you expected them to be.
If you’re selling your Pittsburgh home and you find that these home-selling issues are a no-go for your unique situation, you still have options. 412 Homes can help aspiring sellers save money, time, and hassle when it comes to selling a piece of property.
We can make you an offer on your home in as little as one business day and close on a sale in a week. If you’re interested in a direct, all-cash sale, feel free to contact us at (412) 346-0523 or send us a message.