Enter “we buy houses for money” businesses. These, plus many other forms of cash purchasers, provide an expedient solution for home owners looking to sell their homes fast. They buy homes “as is” which means, in their current state, without any immediate repairs or preparation. This expedient method provides a way for home owners to get top dollar for their homes quickly, while selling at a profit. The cash purchasers are also more likely to close the deal and complete the transaction within a set time frame.

I have known several people who have sold their homes in St. Louis without hesitation. And they were smart enough to do what required to sell their homes quickly. I would recommend anyone looking to buy homes in St. Louis to follow this example. I have personally known several people in St. Louis who have sold their homes in St. Louis with almost no hesitation, usually selling for more than their home is worth. However, they would recommend using a real estate agent or Realtor to assist them with locating the appropriate property within the appropriate location. They would also recommend consulting with their financial advisor prior to selling their home in order to ensure that their financing will continue once they sell their home.

In the case that some or all the work is completed prior to listing your home for sale, then you can list it at whatever price you want and just make minor repairs as you go along. Typically sellers will accept cash for sales as long as the repairs are minor and do not require removal of carpet, painting, or fixtures. If you decide to use cash for sales, I would recommend asking the seller if they can include any of the following: warranty restoration work (ie. paint restoration), roof restoration, repairs to appliances, water heaters, etc.

Another way to make a profit on your property is to accept buyer’s inspections prior to listing. This can be accomplished by hiring a reputable inspector prior to the listing to evaluate any necessary repairs prior to listing. I highly recommend the buyer’s inspection be done by someone with experience in purchasing and selling homes.

One of the keys to a successful real estate investor is the ability to be smart, but not so smart at the same time. Being smart does not mean buying a house that has multiple problems, but rather smart in the sense that you understand the real estate market. You do not sit around admiring homes that need a lot of work only to list them for pennies on the dollar. Your home selling process needs to be fluid, organized, yet quick so that you can close fast and on time.

Another key component to a successful home selling campaign is to hire a qualified real estate agent that understands the market. You need an agent that will explain all of the aspects of the home selling process including the paperwork. Having a thorough understanding of this process makes it much easier to negotiate the closing costs and can help avoid some very costly mistakes.

It is also important to have a real estate agent who is savvy in the area. Some sellers tend to “over price” their houses so that they can attract more buyers. Other sellers try to inflate the market value of their houses so that they can charge more for their services. Either way, wholesalers and drop shippers need to find a way to negotiate the closing costs without inflating the market value.

On average, sellers need to list their houses for about two weeks before they can sell them for the full asking price. This gives the wholesaler/drop shipper time to accumulate the inventory, have their suppliers ready to ship the completed houses, and close the sales quickly. There are several reasons why wholesalers and drop shippers decide to close the deals within just a few days. Whether you are a buyer or seller, this short closing process will be very beneficial.