Relocation is a complicated exercise in coordination. We get local Massachusetts home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in Massachusetts“. Â The great thing is that we’re able to help a good many of those sellers sell their house quickly (because we’re actively buying houses in Massachusetts right now!).
There’s an insane amount of details to keep together, plus the stress of whatever is making you move in the first place – often it’s a new job or a sick relative, but the true need to move always comes with a dramatic change.
So how do you make the most out of a difficult situation?
Don’t Agonize – Organize.
You don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 years. That gets expensive and it doesn’t have to be that way.
Although the market is relatively stable right now in Massachusetts, things can change in the blink of an eye. We’ve heard some serious horror stories over the past couple of decades. Unless you’re filthy rich, you probably can’t afford to wait it out.
So how do you make the right choices when you’re relocating and need to sell your Massachusetts house fast?
Relocating And Need To Sell My House Fast In Massachusetts… Your Options And Steps
First…
- Determining the Value of Your House: To gauge the value of your property, you have a couple of options. You can reach out to a trusted real estate agent for a professional assessment, or you can connect with us for a no-cost, no-obligation property valuation. Having an accurate understanding of your house’s potential selling price in the current market is a critical starting point, as it sets the foundation for your sales strategy
- Setting a Timeline for Selling After Relocation: The speed at which you need to sell your house following your relocation is a significant factor. It’s a decision that can have a substantial impact on your finances. I’ve encountered cases where professionals who relocated out of state for a job ended up having their house on the market for more than a year before securing a sale, often at a much lower price than anticipated. So, it’s crucial to determine how quickly you need to sell your house and how long you’re prepared to continue managing two mortgage payments, insurance expenses, and other associated costs.
- Engage a Competent Real Estate Agent in Advance: Time is money, and this is especially true in the real estate market. It’s advisable to start the process early and find a dependable real estate agent before you even begin packing your boxes. Delaying this step can result in unnecessary financial losses. Every month your property remains unsold is an additional financial burden. If you opt not to use a real estate agent for the sale, keep in mind that we are a reputable local house buyer, and we’re ready to provide you with a swift, fair, all-cash offer, ensuring a streamlined selling process.
Just fill out the form through this link to get started >> - Calculate the value of selling your house fast vs. “waiting it out” for a dream price: We all want to sell our houses for as much as possible. But one thing many people forget to do is come up with the $ amount of how much it costs you to hold onto this house. Â The costs involved include the mortgage (which if you’re still within the first 10 years of the mortgage, the majority of your payment interest and not hardly going to principal at all), insurance, taxes, maintenance, etc.Lets say you want to sell your house for $200,000… and your mortgage payment is $1,200/mo, taxes $200/mo, $100/mo for insurance, and $100/mo for maintenance (lawn maintenance, repairs while you’re gone, etc.).Those expenses add up to $1,600/mo in “non equity building” expenses.If it takes you 7 months to sell that house through a real estate agent for that $200,000… it cost you $11,200 in DIRECT “holding costs” + you had to pay $12,000 in real estate agent fees (assuming 3% for the buyers agent and 3% for the sellers agent).Totaling $23,200 in LOST money. Â That doesn’t even account for the value of your time, your stress in thinking about that property sitting on the market, the opportunity cost of what you could have been doing with that extra money during those 7 months, etc. So the real cost to you was likely closer to $30,000.But, what if you were to sell your house next week and avoid all of that?Even if you sold for a discount below the retail price (lets say… $175,000)… you’re still ahead of the game by selling the house NOW at a discount to a home buyer like our company vs. 7 months later at full price (and paying holding costs and real estate agent fees).Make sense?
- Take action!: Whatever you decide… decide and take action.  If you want to go the real estate agent route, great! Find a reputable local Massachusetts agent.  If you’d rather not have to wait and not have to pay real estate agent commissions… then a viable option may be to sell your house to us 🙂
If you find yourself in a fortunate position with ample time on your side and you possess a truly exceptional property, you might consider testing the market by setting a high initial asking price. Occasionally, there’s a slim chance that someone could become smitten with your property and be willing to pay a premium – love can inspire people to do remarkable things.
However, the reality is that most properties fall within the realm of being quite average. They tend to resemble the neighboring houses, much like the people who reside nearby often share common traits. Unless your property boasts extraordinary, magazine-worthy features, pricing it at the highest point in the market might not yield the best financial outcome.
Another strategy that can be advantageous is marketing your property for both rent and sale concurrently to gauge which option materializes first. Managing this process effectively is essential, and it can even puzzle experienced real estate brokers.
In specific situations, we may consider collaborating with property owners to facilitate lease-option agreements. This arrangement allows highly qualified buyers to rent the property for an agreed-upon period before completing the pur
If you find yourself in a fortunate position with ample time on your side and you possess a truly exceptional property, you might consider testing the market by setting a high initial asking price. Occasionally, there’s a slim chance that someone could become smitten with your property and be willing to pay a premium – love can inspire people to do remarkable things.
However, the reality is that most properties fall within the realm of being quite average. They tend to resemble the neighboring houses, much like the people who reside nearby often share common traits. Unless your property boasts extraordinary, magazine-worthy features, pricing it at the highest point in the market might not yield the best financial outcome.
Another strategy that can be advantageous is marketing your property for both rent and sale concurrently to gauge which option materializes first. Managing this process effectively is essential, and it can even puzzle experienced real estate brokers.
In specific situations, we may consider collaborating with property owners to facilitate lease-option agreements. This arrangement allows highly qualified buyers to rent the property for an agreed-upon period before completing the purchase. It provides both parties with flexibility and can lead to mutually beneficial outcomes. By exploring these strategies and adapting them to your unique circumstances, you can make informed decisions about how to maximize the value of your property in the real estate market.
Who Is Turning Point Home Buyers And How Can We Help You If You’re Relocating And Need To Sell In Massachusetts?
We’re investors. We support our families and beautify neighborhoods by buying houses from Massachusetts home owners who need to sell fast for one reason or another.
The types of sellers who tend to work with us include people who…
- Need to sell fast (we can close in as little as 14 days if you need us to)
- Don’t want to hassle with listing a property with an agent
- Don’t want to pay real estate agent fees
- Can’t sell their house for one reason or another (we buy houses in as-is condition)
- … or a variety of other reasons
But we’re passionate people, and we believe in the Massachusetts community.
We’re honest and straightforward.
We’ll quote you a fair price, and we can close fast with cash.
If you’re prepared to wait and can hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances that risk can pay off.
We’re happy to help you find answers to your toughest questions about your Massachusetts real estate, so please feel free to call us at (978) 644-0366 and chat with us anytime.