You are in a better position whenever you understand as much as possible about your competitors, this especially holds true when selling an old property. There are many differences between selling an old and new property, including the potential market value and final sales price.
With a thorough understanding of the differences, the current available inventory, and the recent sales history, you will be armed with the necessary information. If you would like to learn more, please read on as we explore the five differences between selling an old property and a new property in Kalamazoo.
Carrying Costs
Carrying costs, or holding costs, is one of the differences between selling an old property and a new property in Kalamazoo. Typically, older properties cost more energy, maintenance, and unexpected repairs. You may also be carrying traveling costs and the expenses of another property if you moved before selling. Professional buyers like those at Ryan Buys Houses can help you understand the potential costs.
At Ryan Buys Houses, our professional buyers will work with you on a quick closing date and one that works with your timeline.
Rarity
Another difference between selling an old property and a new one in Kalamazoo is that older properties tend to have an architecture with distinct features. If very few like yours are available, you could demand more for the property. The professional buyers at Ryan 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.
Modernity
More modern technology and up-to-date safety in the materials used in new properties make them more desirable. This difference between selling an old property and a new property in Kalamazoo may mean that improvements are necessary to compete.
At Ryan 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.
Market Saturation
If older properties are flooding the market in Kalamazoo, you may need to adjust your sales price or make improvements to stand out. Professional buyers like those at Ryan Buys Houses can help compare what you would profit from listing as-is or making improvements vs. our offer of a direct sale. At Ryan Buys Houses, our professional buyers will provide the details of our offer to help you make the best decision on selling your older property.
Layout
Newer homes conform to more modern trends, another difference between selling an old property and a new property in Kalamazoo. Professional buyers like those at Ryan Buys Houses can help determine if your property requires remodeling to current standards. At Ryan 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 Kalamazoo and we are transparent at Ryan Buys Houses because we want you to feel good about working with us long after you’ve left the closing table.
Professional buyers at Ryan Buys Houses know the differences between selling an old property and a new one in Kalamazoo. When you sell directly to a professional buyer at Ryan Buys Houses, we make it easy and uncomplicated. At Ryan Buys Houses, we’ll walk you step by step through the process, saving you time and money. At Ryan Buys Houses, we handle every transaction phase without closing costs, commissions, or hidden fees. If you have questions or concerns, please feel free to reach out today without any obligation. Call Ryan Buys Houses at (269) 775-4095.
