Making the decision to sell a home fast isn’t an easy one. It often occurs during tough times – such as divorce or job loss. Other times, you may be faced with selling fast because you’ve inherited a property you have no time to deal with on your own. Financial losses and legal matters can also make selling quickly so important.
The good news is you have options for doing so. When it comes to selling a house fast in Charleston, South Carolina, these are the best strategies for most people.
Option 1: Request a Cash Offer for Your Charleston, SC Home
The first option is the most direct. You turn to a cash buyer who is ready to hand you money for your home no matter the condition. That’s beneficial because it can be done quickly, often within a matter of days compared to months.
You’ll need to be cognizant of your options and do some research to ensure you’re getting a fair value for your home. At the same time, the process can be far less stressful than traditional home selling.
The cash home buying process
Note that you can sell your home for cash to any buyer who wants to pay for it. However, if you choose a specialized company that offers fast sales for cash purchases, you’ll notice the process is highly streamlined.
Here’s what you can expect if you make the decision to sell your home fast for cash:
- You contact the company to let them know you’re interested in selling. There’s no formal or complex process involved. Just ask for a quote.
- You pay nothing. There are no appraisal fees or closing costs to worry about during this process. The offer you get is what you walk away with minus any taxes you are obligated to pay.
- The cash buying company provides a quote. You can accept it and move forward or decline it and choose a different option. Again, there’s no obligation and no risk.
- If you decide to accept the offer, the cash buyer agrees to buy the home in as-is condition. You don’t have to worry about disclosures here.
- You get the cash deposited when the title changes go through. This can take a few days to weeks rather than months.
The cash home buying process may include a few more steps dependent on the situation and the company you choose. It’s still very much a straightforward process.
Who Buys Houses in Charleston, SC?
There are numerous companies that buy houses fast in Charleston for cash. You can choose to use any of them. Each will have different timelines, values, and processes. Here are some recommendations:
- Barrington Home Buyers: Hassle-free, as-is buyers, Barrington Home Buyers is a no-fee, no-commission company that lets you request a quote by calling 843-202-4565 or contacting them online.
- Palmetto Home Buyers: This is a woman-owned local company that buys homes in any condition with no fees and no commission to you. Get an offer online or call 843-790-4689 for a quote.
- Fast Charleston House Buyer: Get an as-is cash offer to sell your home faster with The Fast Charleston House Buyer. The company doesn’t use a real estate agent and offers a no obligation cash offer to get started. Request an offer online or call 843-920-5696.
- The Charleston House Guy: Another local company offering 100% free services is The Charleston House Guy. Call them at 843-548-5510 to get a free offer.
Pros and Cons of Selling to House-Buying Companies
There are both benefits and a few drawbacks to consider on this type of offer.
Pros:
- Sell your home fast – often within days.
- There’s no need to do any repairs. There are no FHA rules to meet.
- You can get on with your life sooner.
- There’s no need to pay for anything, including closing costs or fees.
- It’s a straightforward process that gets real estate out of your control quickly.
Cons:
- You may not get the highest value for your home, especially if you don’t make repairs or upgrades to it.
- You can expect the home to be fully renovated and updated and then resold. You don’t get to control who buys the property ultimately.
What Type of Homes Work for Cash Buyers?
Any type of home works for a cash buyer. The key is finding the right buyer for your home so you can maximize your return. High-end, damaged, condos, and single-family homes are just some examples.
Option 2: Hire a Top Charleston, SC Real Estate Agent
The alternative is to hire a real estate agent and allow that agent to market and sell the home for you. This is the more traditional method of selling a home today, and it can be beneficial to those with a home that’s in good condition and when time isn’t a factor.
Pros and Cons of Hiring a Charleston, SC Real Estate Agent
Hiring an agent offers a number of potential benefits and a few drawbacks.
Pros:
- You’ll likely sell your home for the highest possible amount.
- As the home seller, you choose who to sell the property to, though that person can always sell later.
- You control the marketing of the sale as well as the overall process.
Cons:
- It takes longer. Selling through a real estate agent can take 30 to 60 days or longer, depending on the situation.
- You may need to do repairs to get the home’s value up and meet safety requirements.
- You have to wait for the right buyer to get the best price.
Expert Tips on Selling Your Home Fast in Charleston, SC
- Market the home well. Invest in the marketing process.
- Price it competitively. That may mean slightly lower than the competitors.
- Work with an experienced agent with a large network of interested buyers!
Real Estate Market in Charleston, SC
Data from Redfin shows the following about the current real estate market in Charleston, SC, as of March 2024:
- The median selling price for a home here is $560,000.
- There were 280 homes sold during March.
- The median price per square foot is $317.
- It takes, on average, 47 days to sell a home.
Best Time to Sell in Charleston, SC Fast
When it comes to when to sell, most people buy in the late spring and summer months so they can move with confidence in warmer period. That means if you want to sell fast, it’s best to do so during spring, summer, and then fall.
Ready to Sell Your Home Fast in Charleston?
Here’s the bottom line. Selling your home fast to a house buying company costs you nothing. Not one penny. Selling it with a real estate agent can cost 6 to 8% of the sale price in commission plus the cost of any closing costs you pay.
FAQS on Selling House Fast in Charleston, SC
Why is it easier to sell a house with cash buyers?
There’s far less hassle here, and there’s less paperwork. There’s no lender to appease either.
How much lower are cash offers on homes than selling on the market?
There’s no rule on this, though many can expect to see 10% or so less (keep in mind that’s not including the agent’s cut!)