If you’ve inherited a property and are thinking about selling it, this guide is for you. Selling an inherited home can be overwhelming, especially if you’re unfamiliar with the process. Here are 3 essential tips to help you price your inherited home in Oklahoma for a successful sale, all while keeping it simple and stress-free.
Tip #1: Price Competitively for a Fast Sale
When selling your inherited property, how you price it can significantly impact the speed of the sale. Some homeowners aim for what they think the market might pay, but that approach often leads to long delays. Here’s why:
- Selling through a traditional agent can take months, during which you’ll need to maintain the property and cover ongoing costs like utilities, taxes, and insurance.
- Pricing slightly below market value can attract more buyers and lead to a quicker sale. While you might sell for a bit less, you’ll save on carrying costs, repairs, and time, making it a win-win overall.
A competitive price can reduce stress and help you move forward faster, especially if you want to sell without delays or hassles.
Tip #2: Set Emotions Aside
It’s natural to feel a strong emotional connection to an inherited home. Maybe it’s the house where you celebrated holidays or spent cherished moments with loved ones. While these memories are invaluable, they can cloud your judgment when setting a price.
- The market value of the house is determined by its condition, location, and comparable sales, not the memories attached to it.
- Be realistic and consider getting a professional appraisal or working with a real estate expert to get an objective valuation.
Recognize that sentimental value doesn’t translate into financial value. Pricing your home objectively will help you attract serious buyers and ensure a smooth sale.
Tip #3: Account for Repairs with Discounts
If the property has been in the family for many years, chances are it may need some repairs or updates. Instead of taking on the stress and expense of fixing it yourself, consider pricing the house to reflect the needed repairs:
- Offering a repair discount saves you time and effort while giving buyers the flexibility to make updates according to their preferences.
- You avoid upfront expenses for contractors, materials, and labor while still achieving a fair sale price.
This approach appeals to buyers looking for a deal and can help you close the sale faster.
Why Sell to Green Country Home Buyers?
Selling an inherited home doesn’t have to be complicated. If you’re looking to skip the work and expense of selling through an agent, Green Country Home Buyers is here to help. We make the process simple by:
- Offering a fair, competitive price for your property as-is.
- Saving you from costly repairs, staging, or showings.
- Closing on your timeline, often in as little as a week.
Ready to Sell Your Inherited Home in Oklahoma?
An inherited property can be a blessing, but it’s also a responsibility. If you’re ready to sell your inherited home without the headaches, contact us today at (918) 921-9892 . Let Green Country Home Buyers handle the hard work so you can focus on what matters most.