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    How to Sell Your House Fast in Augusta, Georgia

    Posted by cfh-admin Posted at March 14, 2024

    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.

    Why you might need to 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.

    • Losing your job in a difficult market
    • Divorce
    • Inheriting a property you don’t want
    • Your home is under threat of foreclosure
    • You have a large amount of personal death
    • Medical bills or emergencies
    • Relocating to a new area
    • You want to leave your neighborhood
    • Downsizing or upsizing 
    • Moving to assisted living
    • An interesting business or investment opportunity that requires fast action.

    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.

    Option 1: Request a cash offer for your Augusta, Georgia home

    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

    • Move quickly: If you’re in a tight spot and need to sell fast, house-buying companies can close in just one or two weeks. 
    • All-cash offers: House-buying companies have cash on hand. You don’t need to wait around for the buyer to get approved for a mortgage or sell their home.
    • Minimal hassle: Selling your home in a traditional way involves lots of viewings, negotiations, and waiting around. Selling for cash is quick and painless.
    • No repairs: Most home-buyers will offer you cash for your home “as-is.” If your property is in poor shape or needs a lot of work to sell on the market, a cash sale could be just what you need. 

    Cons

    • Lower prices: Quick closures and no hassle comes at a price. Home-buyers typically offer well under market rate for your property, meaning you could miss out on 20-30% of the value.
    • Shady operators: While the companies we listed above are reputable local businesses, not every cash home-buying business has your best interest at heart. So, ensure you do your research and focus on companies with a good track record in Georgia.
    • Limited regulations: Georgia has somewhat limited regulations for cash home-buying companies. Again, due diligence is key.

    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.

    • Fixer-Uppers: Cash buyers love finding properties under market value that require a bit of TLC. Once bought, they can do them up and flip them on the market for a steady profit.
    • At-risk homes: Homes that are at risk of being repossessed can be attractive to home buyers. By paying cash for the home, the seller can pay off their obligations and even take a bit of equity, which, all things considered, isn’t a bad outcome if you’re underwater on your home.
    • Homes with tenants: Selling a rental property with long-term tenants can be a hassle that you don’t need. Experienced home-buyers are used to these situations and will happily take the task off your hands.
    • Inherited properties: Inheriting a home can mean inheriting a problem. If you’re not interested in keeping it or going through the traditional sale process, a quick cash sale can be just what you need.
    • Homes with significant issues: Structural issues, legal disputes, and title problems can all make it hard to sell a house on the traditional market. Home-buying companies often have experience in navigating these choppy waters, which can save you a lot of grief.

    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:

    • Quick sales for relocations or unexpected expenses
    • No tolerance for viewings or potential buyers backing out
    • A slow property market

    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

    • Expertise: An experienced real estate agent will know how to price your home so that it attracts lots of quick offers.
    • Network: Good real estate agents have a network of clients and access to resources like the Multiple Listing Service (MLS), which means they can promote your home to a wide range of interested parties.
    • Better deal: Agents can help strike a balance between a fast sale and a good offer thanks to their skills in negotiation.
    • Admin: There is a lot of administration and paperwork involved in selling a home. A trusted real estate agent can take that load off your plate.

    Cons

    • No guarantees: While top agents will help you sell quickly, they can’t work miracles. Indeed, even with a wide range of contacts, if the market is weak, you might be faced with a situation where you must wait for a sale. If you’re underwater on your home loan and you’re worried about foreclosure, this could be a problem.
    • Fees: Real estate agents charge a commission, with sellers traditionally covering both their and the buyer’s portion. List with Clever released data from a 2023 survey, which suggested that average fees in Georgia were 5.81% combined. It’s not an insignificant sum.
    • Agent selection: If you want a quick sale, you need to choose the right agent. The problem is that while many agents will promise they’re the right person for the job, they won’t always stay true to their word.

    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.

    • Pricing your home below market rate is the most effective way to get fast offers. Look at comps for Augusta, set your price lower, and watch the bargain hunters roll in.
    • Invest in professional photography and marketing so your home gets in front of the right users.
    • Bump up the curb appeal and spend some time staging your property if you have time.
    • Incentivize buyers by offering to cover some closing costs or throwing in a few things in your home, like white goods, yard furniture, or anything that might sweeten the deal.

    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:

    • Affordability
    • Location to Fort Gordon
    • School district
    • Local amenities, parks, shopping districts, and so on.
    • Proximity to flood risk zones 
    • Roof condition due to the risk of hurricanes
    • Presence of termites
    • The presence of an outdoor space
    • Room for a home office
    • Potential for appreciation due to proximity to economically developing areas
    • Property tax varies based on jurisdiction.

    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. 

    • For a guaranteed, fast, and hassle-free sale that will take one or two weeks to complete, you can work with a trusted cash home-buying business. The process is swift and painless, but you’ll need to sell at well below market rate.
    • Find the right agent, set a low price, and time things correctly, and you can secure a fast price. While no agent can guarantee a quick sale, you’ll be able to get much closer to the market rate for your property.

    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.

    FeesCash BuyerReal Estate Agent
    Commission0%5.8%
    Closing costs0%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.

    How can we help you?

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