Selling a property can be an overwhelming task, especially if you are dealing with an old property. There are many differences between selling an old property and a new property, including potential market value and final sales price, with new properties selling at substantially higher prices. Understanding these differences is critical to help you make informed decisions when selling your old property in Raleigh, NC. In this article, we will explore five differences between selling an old property and a new property in Raleigh.
The first significant difference is carrying costs, also known as holding costs. Typically, older properties cost more energy, maintenance, and unexpected repairs, making them more expensive to hold onto. When selling an old property, it is crucial to factor in the potential costs associated with holding onto the property while it is on the market. You may also be carrying traveling costs and the expenses of another property if you’ve moved before selling. Professional buyers like those at Kev Buys Houses can help you understand the potential costs and provide a guaranteed closing date, often within days, to help you make a quick sale.
Another significant difference between selling an old property and a new one in Raleigh is rarity. Older properties tend to have architecture with distinct features. If very few properties like yours are available, you could demand more. The professional buyers at Kev Buys Houses can help you understand your market position, target buyer, current market value, potential carrying costs, and more to help you decide on the best way to sell your property. With their expertise, you can make informed decisions about pricing your property and positioning it in the market.
Modern technology and up-to-date safety features in new properties make them more desirable than older properties. This difference between selling an old property and a new property in Raleigh may mean that improvements are necessary to compete. However, at Kev Buys Houses , our professional buyers buy properties as-is, so there’s no need for the cost, hassle, or time involved in improving your property. This is a great advantage for sellers who want a quick and stress-free sale.
Market Saturation in Raleigh, NC
Market saturation is another difference between selling an old property and a new property in Raleigh. If older properties are flooding the market, you may need to adjust your sales price or make improvements to stand out. Professional buyers like those at Kev Buys Houses can help you compare what you’d profit by listing as-is or making improvements vs. our offer for a direct sale. At Kev Buys Houses , our professional buyers will detail every figure used to make a cash offer that you’ll agree is fair. With their expertise, you can make an informed decision about selling your property in a saturated market.
Finally, the layout is another difference between selling an old property and a new property in Raleigh. Newer homes conform to more modern trends, making them more attractive to buyers. Professional buyers like those at Kev Buys Houses can help determine if your property requires remodeling to current standards. At Kev Buys Houses , our professional buyers know this may be one of the largest transactions of your lifetime, and we want to help you make an educated decision about selling. We are your neighbors here in Raleigh and are transparent because we want you to feel good about working with us long after you’ve left the closing table.
Professional buyers at Kev Buys Houses know the differences between selling an old property and a new one in Raleigh, NC. When you sell directly to a professional buyer at Kev Buys Houses , we make it easy and uncomplicated. At Kev Buys Houses , we’ll walk you step by step through the process, saving you time and money with our full-service in-house professionals. We handle every transaction phase without closing costs, commissions, or hidden fees. If you have questions or concerns, including a request for a specific closing date, talk to one of the pros at Kev Buys Houses today without any