The real estate market in Federal Way has been heating up lately, bringing in many interested buyers and sellers to the area. Located closely between both Seattle and Tacoma, we get the best of both worlds being in a nice suburban city, close enough for a quick drive to both of these major cities. So naturally as time passes, the number of residents has been steadily growing, and thus: more homeowners. And for the smart homeowners, one thing is on their mind: sell their house, fast and at a good price.
Quick cash for your property is the name of the game for many of the players in this game. One of the most popular options on the market right now is a classic, “we buy houses for cash.” Everyone knows why it’s so great to sell a house for cash. No need to worry about the nightmare that must come if you decide to go the homeowner route of deciding to sell your house the long, boring, hard way. That includes fixing up your house, hosting open houses, dealing with counteroffers, yuck. No, we’re going the fast way. A quick close, and on to the next one.
We Buy Houses As Is. It’s a business. And we do just that. We give a quick glance at what your house can go for, and we give you a price—all up to you. Super easy for both you and me. No hitches, no hoops. No wondering if you’ll have to one day deal with the home buyer from hell who can back out of the deal last minute when you hold all of the cards. Selling your house is as easy as it should be. Oh, did I mention it’s all in cash?
Understanding the Federal Way Real Estate Market
The great trends we see in the Federal Way real estate market right now can be characterized by home values that have slowly been increasing year over year for a while now.
Such a growth rate can be attributed to the excellent location just north of Pierce County and its subsequent location to major employment centers, quality schools, crafts … you name it.
And, as more people begin looking for budget-friendly housing alternatives near Seattle, Federal Way might be the right place for them and, thus, will continue to demand higher prices for Federal Way real estate no different than before.
Some of the other key factors in Federal Way are:
- The current state of the economy at that time
- The job market, specific counties, inflation, and that Federal Reserve rate
- The current inventory of housing (or lack thereof)
- New things will be developed, like shopping centers, nightlife, permanent HPV booths
After all, if you are a buyer or a potential buyer waiting for that hefty down payment to clear tomorrow, knowing whether or not the above, mandatory-style trends might be the added source of leverage that you need to go ahead and wipe out that record number of homes being sold anyways.
Preparing Your Home for a Cash Offer
Clean and declutter. This is the first step when preparing your home for sale. Your objective is to provide a neutral environment in which potential homebuyers can imagine themselves living. Remove personal items, additional furniture, and other knickknacks that don’t contribute to the space. Trying to add perceived value to your home? A clean environment will seem not only more inviting but also larger.
Do minor repairs around the house. This is the part you’ve been dreading. But, keep the scope of these projects quite small. Many potential buyers might be scared off if you’ve left baseboards scratched up or if the front door squeaks frightfully when opened. Getting buyers in your front door (both literally and figuratively) can be the hardest part of the sale.
Don’t forget the exterior. More than just basic curb appeal, this has a lot to do with your home’s resale value. Do potential buyers have to walk across a poorly maintained deck to get to your front entrance? Did you remove the grass from the front lawn because you hate lawncare? Remember: this is just one more box to check when others tour your home.
Be honest. Are you not the most practically minded person? Do you hate doing household chores? You’re probably better off being honest with yourself and selling your house ‘as-is.’ There is one more (somewhat damaged) box potential buyers would have to check, right? Well, a certain type of homebuyer thrives on boxes that have big X’s written on them. These buyers make offers on homes using cash.
How to Sell Your House Fast
Those who wish to speed up the process of selling a home must set a price that’s competitive in today’s market. Current economic factors and the price-per-square-foot in the seller’s city are two points of evaluation that people should consider. Players who wish to sell their home have an upfront advantage in a competitive market. Looking at a web value of the home from a digital site is not enough. Dedicated market pros will evaluate the entirety of local resources with a new buyer. Consider real estate site MaslowReality.com for a full competitive layout in your city.
This also applies to sales through a simple online business. While an online audience is the “easiest,” those who aren’t in the right place at the right time might need a bit more strategy, too. Those who wish to be seen (at all) might take this point to heart most of all. Global speed might mean nothing amidst the issues of local inventory. Often one thing holding you back from selling your home today is modern SEO.
Search engine optimization dominates both the internet and the minds of today’s movers. People may not be able to look for themselves while in transition. In places where goods are popular both in and out of season, seasonal problems can still hold you back from a fast sale. High months for home sales can ted to be in the late spring as long as the home is marketed properly. Last-minute movers might look for homes in the height of summer. This number is different depending on your local area. Seeing hurricane season in Florida might make you do a double take! Safe drivers should stay off the road in places like Alaska and should travel during appropriate months only.
Getting the Best Cash Offer
The condition of a house can definitely impact whether or not someone makes a cash offer: People might want to pay more for a house in good condition. Investors may reduce their offers because of the cost of renovations.
If you are in a seller’s market (demand is high, supply is low), then you will have more offers because there will be more buyers—those in a position to do so could very well make a cash offer to avoid having to compete with other buyers.
For example, if you are in a city where the prices are competitive (like Federal Way), you can definitely fetch a higher dollar amount for your house.
It doesn’t hurt to put the word out and let people know that you are accepting cash offers.
Why Choose We Buy Houses As Is
“We Buy Houses As Is” has a nice ring to it if you are a homeowner looking to offload property in the fastest, least stressful way possible. This process is meant to be easy—almost disruptively so. It thumbs its nose at the months-long slog that can be associated with traditional means of selling a home. You can get a cash offer within days in some cases, which might suit one’s future life plans or lack thereof, to a T!
We will go over some features of the program. No need for home repairs or renovation. That is, you can sell your house—that is, “we buy houses as is”—in “as is” condition. Many people will be turned off by the prospect of having to do anything to a house other than sell it lest there be the expectation for capital to dollars optimization in addition to the responsibility of having to sell something. What a chore! An “as is” stipulation to a home sale can on the other side of the coin maximize profit in an “I don’t give a xxxx…”
We will make you a fair cash offer based on the current local market conditions. Need any more proof than that to understand you aren’t dealing with complete shysters? We hope and demand that you look at selling your target property as a competition in pricing. Try your best and we shall do no less.
Final Words
If you’re looking to sell your house in Federal Way, securing the best cash offer is key.
Step one: Get your house looking good. You don’t need to do major remodels—just make sure everything is up to snuff and looking clean. Definitely consider staging.
Step two: Price it right. This can be tricky because you probably think your house is the best, right? Well, you’re not wrong—it’s a home you created and where you’ve made memories! But, that doesn’t mean you can price it at top dollar—location, lot size, updates, and size still matter. It’s important to price your house within the correct range in order to get more people to see it and ask about it.
Don’t want to do all that (and more)? That’s why our team at We Buy Houses As Is exists—to give you another option.
If you have a house you no longer want, need, or can’t afford to own (hello, ongoing maintenance and all those costly updates!), you can sell your house to us. If you’re just a bit house-curious or even if you’re ready to get things going with us sooner, you can get in touch to learn more about how we can help you—today.