Portland (Oregon) real estate is now a seller's market. This means that there are not a lot of houses listed for sale. So, if you plan to sell your house, this is the best time to make a profit. The reason for shortages in listed houses is endless. One of them is the growing population. Also, the coronavirus pandemic has made people unwilling to sell their property.
Regardless, buyers are coming from bigger cities to settle in Portland (Oregon). This is because it is affordable.
If you need the money, we can take your property off your hands, for cash. We also don't need to conduct a home inspection on your property before we buy.
Selling A Home In Portland
There are no hard and fast rules for selling a home in Portland. Still, there are things you must know before taking the big step. Some guidelines that will help you, in selling a home in Portland are:
#1. Study The Market
Portland (Oregon) real estate is not always predictable. Sometimes, it's a buyer's market because many houses are up for sale. This makes the prices fall.
Other times, it's a seller's market because there are few houses listed, to match demand. This causes a rise in prices.
You need to study the territory and sell when the market forces are in your favor. This will help you get the best rate possible for your house.
#2. Get A Good Agent
To sell your house, you have to go through a list of potential buyers. This can be a very stressful process.
Getting a good agent will take the burden off your back. You need one you can trust, that knows the neighborhood very well.
There are also buyers like Ash Creek Properties that buy homes for cash without the need to do any cleanup, repairs, or prep. So, all you have to do is give us a call and relax.
#3. Prepare Your Property For Sale
Selling a home in Portland involves getting the house in order. In most cases, buyers don't want a house they will have to fix and if an inspection is done, there will often times be costly repairs needed before the sale is closed.
So, you have to make sure to keep the house maintained. Start with repairs and fresh paint in neutral colors.
Replace things that have suffered damage and keep the lawn trimmed. This makes the house appealing and will help you sell at a good price. Buyers may drive by to see what it looks like and an attractive house will sell fast.
If preparing the house is not something you're interested in doing, you can choose to work with a buyer like us, we hare happy to purchase homes in almost any condition including homes with smoke damage, cracked foundation, missing or broken appliances, and old belongings that can be left on the property. No need to even clean.
Conclusion
Selling a home in Portland can be easy if you have the energy to put into the process. If not, we will help you through the process and gladly purchase your house for a fair value.
Common Questions We Hear
How do I sell my house in Oregon?
We understand the market and we know that if you spend time reading the trends, it will seem like the sales process should be easy. And for many, it is. But there is more to it. Most homeowners who are looking to sell and have found their way to us, fall into one or two of the following categories that define how the process can work for them.
Have lived on the property for more than 10 years
Have inherited the property and it needs a lot of repairs or cleaning
Are looking to move rather quickly but the home or property needs a lot of work
If any of these categories sound like your situation, we'd love the opportunity to connect with you.
Will housing prices go down in Portland?
Many professionals are advising their homeowners to list their houses now while the current inventory levels are low because demand is currently very high. As inventory levels balance out again (likely post-pandemic) housing prices will again go down in Portland.