While we’d all love the luxury of waiting it out for the very best offer, sometimes you need to sell your house fast. Thankfully, if you’re in a bind, you have options. In this article, we’ll explain what they are and how you can sell your house fast in Augusta, Georgia.
Life is full of unexpected twists and turns. One minute, you’re planning how you’ll use your backyard in the summer; the next, you realize you need to sell your house fast.
There are lots of different reasons why you might need to sell your home. Here are a few of the most common.
No matter what your personal situation is, you don’t have to panic. Thankfully, there are a few different options for people who need to sell their homes quickly.
Let’s look at the two best options for people looking for quick home sales.
One of the best options for people who need to sell their property quickly is to work with a cash home-buying business.
The Cash Home Buying Process
The cash home-buying business model is simple: Buy a home at a discount rate, fix it up, and resell it on the market. It’s a straightforward buy low, sells high scenario.
From the seller’s perspective, things are equally straightforward. Here’s a quick step-by-step guide.
Find a reputable cash home buyer in Augusta
Do some research and find a company that you can trust.
Fill out your details
Go to their website and fill out some details about your home.
Wait for an offer
Most cash home buyers move quickly, with many responding with an offer within 24 hours.
Pick a timeline
If the offer is to your liking, you can discuss closing terms at your convenience.
Close
Once you’ve agreed to the terms, you can close at a local title company. In some scenarios, you’ll have the cash in your hand in a week or two.
As you can see, when compared with the traditional home selling process, selling for cash is quick and hassle-free.
Who Buys Houses in Augusta, Georgia
There are a number of companies in Augusta, Georgia, that buy homes for cash. Here are five of the best options.
#1. Myers House Buyers
Myers House Buyers are one of the best home-buying companies in Augusta. They move quickly, and you can expect an offer within 24 hours, no matter the condition of your property.
Address: 118 Davis Rd, Augusta, GA 30907
Google rating: 5.0⭐
#2. HBI Home Solutions
HBI Home Solutions is a family-owned home buyer. They promise an all-cash quote within 24 hours and say they can close within seven days.
Address: 2195 River Park Ct, Augusta, GA 30907
Google rating: 4.9⭐
#3. SOS Home Offers
SOS Home Offers are based in Evans, but they serve Georgia and other nearby areas. While SOS doesn’t make any guarantees, they promise quick closures to your schedule.
Address: 607 Ronald Reagan Dr # 612. Evans, GA 30809-7725
Google rating: 4.9⭐
#4. I Buy Houses Cash.com
I Buy Houses Cash.com has been operating in Augusta for over 25 years. Again, they promise quick cash offers and closure within seven days if that works for you.
Address: 421 Wicklow Dr, Augusta, GA 30909
Google rating: 5.0⭐
#5. CSRA Homebuyer
CSRA Homebuyer is another Augusta-based real estate business that provides 24-hour cash offers on homes. They say that they can close within 14 days, and they’ll take properties in poor condition and close when it suits you.
Address: 3540 Wheeler Rd, Augusta, GA, 30909
Google rating: 5.0⭐
Pros and Cons of Selling to House-Buying Companies
While selling your property to a house-buying company is fast and convenient, it comes with a few drawbacks. Let’s weigh the pros and cons.
Pros
Cons
What type of homes work for Cash Buyers?
Home-buying firms are open to a wide range of properties. Here is what they’re typically looking out for.
Does it only work for Ugly or Homes that Need Repairs?
While home-buying firms have a reputation for picking up distressed properties at low market rates, they’re typically open to deals of any kind. So, if you have a pristine house and you want a quick cash offer, you can still go down this route.
There are many scenarios where you’re home might be perfect, but you need to avail of a cash home buyer, such as:
What Price Will Cash Buyer’s typically Pay?
In real estate investing, there is a popular idea called the 70% rule. Basically, it states that you should pay no more than 70% of a home’s after repair value (ARV). This rule is roughly at play in the cash home-buying market.
However, it’s just a guide, and the offer that you receive will depend on a variety of factors, including the extent of work required to bring your home up to spec, the market in Augusta at the time, and the individual company’s model. Depending on the above, you might get an offer of around 50-80% of your home’s fair market value.
Again, while that might seem like a huge discount, it can work in situations such as dealing with a long-distance probate for an inherited home, properties with severe structural issues, or situations where foreclosure is all too likely.
Option 2: Hire a top Augusta, Georgia real estate agent
Your other option when you need to sell a home fast in Augusta, Georgia, is to use a top real estate agent. Pick the right agent, and you can avail yourself of their contacts, expertise, and advice, all of which can help you with a quick sale.
Pros and Cons of Hiring an Augusta, Georgia Real Estate Agent
Selling with a real estate agent has some advantages and disadvantages that we will explore below.
Pros
Cons
How Fast Do Homes Sell For in Augusta, Georgia
Back in the red-hot property market of the early 2020s, homes in Augusta-Richmond County, Georgia, weren’t staying on the market for long. According to historical data from Realtor, in May 2022, the average time a home spent on the market was a lightning-quick 21 days.
Days on the market have drifted up since then, peaking at 61 days in February 2024. However, the market is bouncing back the median days on the market currently stands at 45, per Realtor.
How to Find a Top Real Estate Agent
Just because you’re in a rush to sell your home as quickly as possible, it doens’t mean that you can’t invest a little time into finding the right real estate agent. Here are some quick tips to ensure you choose the right person for the job.
#1. Consult your network
One of the best ways to get any recommendation you can trust is to speak to friends, families, and workmates who have sold a home. They’ll be able to give you the low down on agents they have worked with.
#2. Look for signs
No, we don’t mean a sign from God. What we’re saying is that when you’re walking or driving around the neighborhood, look out for agents that have a lot of For Sale signs. It could be an indication that they’re doing good business, which may mean they’re quick sellers.
#3. Research online
Research websites, forums, and Google reviews to find out about other’s past experiences with particular realtors. Look out for positive reviews that mention quick sales.
#4. Make a shortlist and do interviews
Make a shortlist of the best agents in the area and conduct quick interviews. If you need a quick sale, ask them how they stack up against other agents in the Augusta area.
Expert Tips on Selling Your Home Fast in Augusta, Georgia
Selling your fast has many similarities to general home-selling best practices. However, it requires a slightly more aggressive approach. Here are some tips to help you close quickly.
Real Estate Market in Augusta, Georgia
According to Zillow data, the median home price in Augusta, Georgia, has doubled since 2016. As of February 2024, according to Redfin, the median home price in the area was $190,000, which is just 0.5% down from Y-o-Y.
However, if we look at listings on Realtor, the average listed home price is $215,000. These figures are considerably above market price and might explain why, according to the Realtor.com data we shared above, the average time a house spent on the market went to 60 days by the end of 2023.
As ATTOM data published this year shows, 3,143 homes were sold in Augusta, Georgia, last year. The same data shows that March, April, and May were the best times to sell. For reference, 419 homes were sold in May 2023, with just 112 sold in July 2023. This won’t surprise anyone who follows the market closely because Spring is traditionally the best time for both value and low time on the market.
What factors are local buyers thinking about when looking for homes in Augusta, Georgia
Home buyers in Augusta, Georgia, evaluate homes based on a mix of typical and local factors. Some of the things that will influence the attractiveness of a property include:
Conclusion: Ready to Sell Your Home Fast in Augusta, Georgia
If you need to sell your home fast in Augusta, Georgia, you have two primary options.
Cash home-buying business vs real estate agent average fees
If you’re still unsure which option is the best for your situation, it’s worth comparing the fees for each option.
Fees | Cash Buyer | Real Estate Agent |
Commission | 0% | 5.8% |
Closing costs | 0% | 1.3% |
FAQs on Selling House Fast in Augusta, Georgia
Q: Should I do FSBO for a fast sale?
A: For-sale-by-owner (FSBO) requires a lot of experience and knowledge. Without contacts and distribution channels, it could seriously extend the time it takes to sell your home.
Q: How quickly can I get cash from selling my home?
A: 7 days.
Q: Can I sell a house that I have inherited?
A: Yes! Many people choose to liquidate these assets to avoid the hassle and costs of upkeep.
Q: Are there additional fees involved in selling my home to a cash buyer?
A reputable cash buyer will cover any fees, meaning you take home exactly what they offer.