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What To Do With Your Expired Listing In El Cajon

Are you dealing with an expired listing in El Cajon or a surrounding neighborhood? We can help you with a fast, fair, and simple solution! Find out how easy the process can be! We’ll buy any house right away, making the selling process much easier than you’d think! Most people don’t even know this is a real option.

For a homeowner who wants to sell a house in El Cajon, dealing with an expired listing can be incredibly stressful. You put all the time and money into working with an agent, only to find yourself back at square one several months later, not knowing where to turn. If you want to sell, you likely have a good reason why. The house may be too big, too small, or not in the location you’d prefer. You may be dealing with something more difficult such as an inability to pay the mortgage, high property taxes, or tenants you are tired of dealing with. When you just want to sell your house once and for all, but your listing expires, here is what you can do next.

List It Again

If you have a listing in El Cajon that has expired, you can always change things up and try it again. You can work with a new El Cajon real estate agent who may have a different approach from your first one. Most Agents take different approaches to each listing they have. You can hire a professional photographer who can help showcase your property in a new light. Maybe you hired one initially, but is there a different photographer who can offers something different? If you aren’t opposed to spending some money upfront, you can make a few upgrades to things that may have been off-putting to potential buyers in the past. Hopefully your Agent got some feedback and if it’s the same 1-2 things from all the potential buyers, and those things can be changed, you might consider actually making those changes for your buyer ahead of time. After waiting months for a buyer, only to find yourself back at square one, and now having to do it all again may not sound all that appealing at all, but luckily for you, you have many other options that might be a better fit.

Rent It Out

If you have an expired listing in El Cajon, it may not be the right time for you to sell your house. Before you commit to another listing agreement, maybe check out the rental market in your area. How much are properties renting out for? What do the vacancy rates look like? Is the area walkable or desired by renters? Not everyone wants to be a landlord, so only choose this option if it is something you are able to handle and want to do. It is not as easy as it may sound. You can also hire a property management company to help. They will typically charge you somewhere around 10% of the monthly rent. Of course, this varies by company and location, but it certainly will eat into any profit you might receive. You can always rent out your property for a year or two if you don’t need the cash right away. Then you can check out the real estate market down the road and hopefully have a better chance to sell it. You take a risk of course, that the market doesn’t go backwards in values.

Try Owner Financing

There are many people out there who want to buy a home, but one blemish to their financial history is holding them back. Maybe they experienced identity fraud which dropped their credit score. Or maybe they were forced to use the money they had been saving for a down payment on another sudden expense. These are  still great, financially responsible people who would love the opportunity to become a homeowner. By offering them owner financing, you will be able to sell your house for your asking price while helping someone to achieve their dream of finally owning a home in El Cajon. This works for homeowners who don’t require the full amount of the sale upfront. These agreements typically last for about two years at which time the buyer should be able to qualify for traditional financing at that point, thus paying you for the property in full.  Taking on this ‘paper’ does comes with its own set of risks too, so make sure you do your research to see if its right for you.

Sell It Directly

Selling your house directly to a professional home buyer such as Trusted House Buyers will allow you to quickly sell your house without any further costs or waiting. You’ll experience a straightforward and hassle-free selling experience that will provide you with your proceeds almost instantly. Best of all, you won’t have to pay any commissions or agent fees which eat away at the profits from traditional property sales. Our process won’t cost you anything and it will put money into your pocket right away!  This option certainly is headache free and most sellers have found it to be very easy and fast. What a relief!

Wait

While it may not be the answer you are hoping for, sometimes it is a good idea to sit back and wait until the market improves in your area. The trouble with waiting is that you are likely missing out on an opportunity that could be even bigger than what you have now. You may have to continue living in a house that doesn’t match your needs or your lifestyle, and that isn’t fun for anyone.

If you have an expired listing in El Cajon reach out to us to find out how we can help! We make fair and direct offers for houses in El Cajon and the surrounding areas. We will help you to finally sell your unwanted house so that you can move on with your life!

Get help with your expired listing in El Cajon. Contact us to find a solution that works for you! 619-566-8049

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