Selling your property in 2022 may be challenging. Did you know that currently in San Diego property prices have dropped a significant 25% just in the last few months? In fact, property owners are now seeing double the timeframe it’s taking for buyers to commit to purchasing the property. There’s no secret that the market is slowing down all around. We live in uncertain times in our market which is resulting to chaos in both real estate and Wall Street.
Property owners have reached out to our team to see what solution is available for people wanting to sell fast in today’s market. Well, there’s a few available that I’ll go over.
1. List your property with an Agent. Selling the traditional route may be a doable option. There’s still buyers in today’s market seeking opportunities. The timeframe may be anywhere from 60-120 days before you lock a solidified buyer. Be cautions as well as you may be responsible for repairs needed to be done.
2. Rent the property out. Taking on the role as a landlord may be an opportunity that could bring in passive cash flow. Repairs, background checks, and a proper property management company must be aligned for this to be possible. Those tenants are your responsibility and making sure the property is up to code is mandatory.
3. Sell directly to cash buyers such as Coastal Valley Offers. There’s many buying companies out there in today’s marketplace. The ones that stand apart provide options and flexibility for property owners. Each situation is very different so it’s opportunity for you to understand every action available to you. Coastal Valley Offers is a family owned business that flourishes in assisting property owners sell, buy, or navigate to the next step when dealing with their properties.
These 3 options are very realistic for today’s market. The next step entirely up to you on what you feels right. Remember, selling your property in today’s market alone is not advised. You need professionals to guide you and hear your concerns and have them provide a game plan.
If you need to sell your property fast and live in San Diego.. Coastal Valley Offers can help! We buy houses in as is condition and no repairs are ever needed. Visit us today for more information on how we can buy your property in as little as 7 days! No commitments needed!
