Which Option Works Best For You When You Want To Sell Your Home?

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Updated January 31, 2019
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Which Option Works Best For You When You Want To Sell Your Home?

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Matt Tepp

Matt joined us in June and runs all things marketing. He graduated from the University of North Dakota in December of 2017 with a major in strategic communication and a minor in psychology. In his free time he likes to golf to with his dad, workout at the local gym, and watch sports. He is active in the Make a Wish Minnesota Organization.

When selling a house in the Twin City area, most people immediately think about hiring an agent and listing the property on the MLS. This is a great solution for many people, however, you should know there are other options available to you. There are many ways to sell a house! Consider your options to discover which selling method is right for you and your situation!

Sell Directly to A Professional Home Buyer

You can sell your house without using an agent, ultimately saving a ton of time and money depending on the situation. Minnesota Home Guys is a company that will buy your house using a straight-forward and simple process. With a direct sale, you won’t have to worry about commission, repairs, cleaning-up or waiting for a buyer to come along. You will immediately know the amount you are receiving as well as the closing date so you aren’t left in limbo, wondering when your house will sell.

Direct sales are becoming increasingly popular, however, not all buyers are the same. Make sure you do your homework on both the local market and the buyer you are working with. A direct sale may not offer full price, but for some people, the amount saved on repairs and wasted time more than makes up for the difference in price.

List Your Home With An Experienced Agent

Of course, listing your house is an option. Take the time to learn about everything that is involved and what will be expected of you. No two agents work exactly the same and there are no guarantees. Your property can be listed for any price, but there is no guarantee you will receive it. Watch out for agents who try to “wow” you with a high listing price. If it’s priced too high, it will likely sit on the market, possibly for months at a time. You will inevitably have to lower the price, while your property drops down the list of homes available on the MLS. If you decide to list, make sure your agent prices your home to sell. Not just setting a high price to convince you to sign a listing agreement.

Offer Seller Financing

This can work for some people who don’t need the cash from the home immediately. You can elect to carry the note setting up a “rent-to-own” structure. Your tenant will “rent” the property at a higher than average price, with some of the money going toward a down payment on the home. They will then have the option to buy the property outright at the end of a certain period of time, typically around 2 years.

Consider Your Other Options

If selling simply isn’t in the cards and you need to move, there are other options. You can rent the house out as either a short or long term rental. The trouble with this can be finding great tenants and retaining them for as long as possible. Renters can be quite nomadic, and tenant turnover can cost you dearly. If you haven’t done this in the past, consider hiring a property manager to help you keep everything in order.

Do you want to sell your house in the Twin City area? Find out what we can do for you! Send us a message or give us a call today! (952) 649-3200

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Avatar
Matt Tepp

Matt joined us in June and runs all things marketing. He graduated from the University of North Dakota in December of 2017 with a major in strategic communication and a minor in psychology. In his free time he likes to golf to with his dad, workout at the local gym, and watch sports. He is active in the Make a Wish Minnesota Organization.

Dale Helm
Dale Helm
12:55 08 Jan 18
I highly recommend the Home Guys if you are looking to sell your home. The process was very streamlined, transparent, and straight forward. I worked directly with James whom I found to be a very honest, caring, and ethical businessman.James truly cared about our needs and listened to our concerns. Because of James our dream of a new home became a reality. A huge selling point for us was the fact that this transaction could occur far faster than a normal one, without realtor fees, closing costs, or the typical red tape.We had never done this kind of thing (selling to a home improvement company) but now that we have - we are really glad we did. It was the right move for our situation. If you are considering selling your home to a home improvement company (flipper) I do not think you will find a better one than the Home Guys - I give them the highest of ratings.
Dana Rankin
Dana Rankin
22:22 23 Sep 18
Great team awesome company!
Julie Amber Gianera
Julie Amber Gianera
15:20 14 Jan 18
Easy, easy, easy! I highly recommend MN Home Guys and would absolutely use them again. It was about two weeks from first contact to close, and then closing only took 15 minutes. Great company, wonderful service.
Brian Tucker
Brian Tucker
20:30 09 Jan 18
Easy to work with, very reasonable offer for my property, easy closing. Great doing business with them!
Brent Brent
Brent Brent
09:25 10 Jun 17
I contacted to Minnesota Home Guys to purchase our first home and really can’t say enough about them. They are knowledgeable, approachable and very professional. Buying a home in this market is challenging, but working with Minnesota Home Guys made it as painless and straightforward as possible. I would highly recommend them.
Grant Jones
Grant Jones
10:11 03 Jun 17
One of the best and fast services provider. They provided me a fair price for my house. I am totally satisfied. Thank you!
Andy & Mandy Fobear
Andy & Mandy Fobear
17:28 29 Mar 19
They have been a great team with who we have done work. Very nice, honest and genuine. "Do things right" is what they have said AND done.
Katie Wilson
Katie Wilson
17:21 02 May 19
This company was great to work with, it was like going through a usually stressful experience with a friend in the know. They were helpful and courteous and most of all kind. They treat everyone with empathy in an industry where it's commonly lost. I'd recommend them to anyone!
Claire Almon
Claire Almon
17:03 06 May 19
I had a very time sensitive situation and I had never sold a house before. I didn’t know what I was doing AT ALL which made it incredibly stressful to navigate through the sale process especially with the added pressure of a deadline ...then I met James from Homeguys. He immediately calmed my fears, made everything seem so easy and manageable and even helped me look for a new place! I had receives several different offers from other home investor company’s but in the end, I am so glad I went with home guys. James (and his lovely, patient wife) put up with my endless, sometimes nonsense emails and questions so kindly and walked me through any and everything that i didn’t understand.. I am so grateful for their kindness and patience with me. In the end, Home guys made this whole experience so much easier than I thought it would be and it went just as quick if not quicker than I thought it would. I would recommend homeguys to any and everyone that will listen!
Jane Thomas
Jane Thomas
16:28 26 Aug 19
I am completely satisfied with the service from Mn Home Guys. Brad was so good to work with. He answered all my texts and emails very promptly. Closing was very easy. There was no double talk, high pressure, and I was able to think through what was best for me without any unwanted suggestions. I would definitely recommend Home Guys if you need to sell your home effortlessly. Huge thanks to Brad.
Steve Huso
Steve Huso
21:29 12 Aug 19
I was exceptionally impressed by the integrity and competence of Minnesota Home Guys. Their straightforward approach and honest evaluation of the facts was impressive and invaluable for my decision making process. They provided a skilled and through examination of my property to give a clear range of potential options, with additional information to evaluate each option. I worked with Brad Sauer and appreciated his expertise and communication skills. I especially appreciated the careful consideration of my needs and the absence of any sales pressure. I highly recommend Minnesota Home Guys.
Aaron hanson
Aaron hanson
15:39 29 Aug 19
Will not return my phone call. Purchased a home that they flipped and are regretting the purchase big time. Unfortunately they had the JV team doing the work inside. We are accepting the consequences and are doing the best we can to make it our dream house.
Christopher Peterson
Christopher Peterson
20:40 26 Sep 19
I was looking into having my place bought outright, but James suggested I sell the house outright to obtain more equity. We listed the house at $199,000 and sold it for $210,000! My realtor, Tim, was very knowledgeable and made the process as easy as could be. I am definitely going to hire Minnesota Home Guys for any other real estate needs in the future.
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