Know your local market:

Moab, Utah

Understanding the neighborhood where you’ll buy or sell a property is critical. There’s a well-known phrase in the real estate industry: location, location, location. When you’re buying or selling a property, the one thing that can’t be changed is the location. You’ll want to choose wisely. If you’re selling your property, highlighting the benefits of your neighborhood is a great way to attract buyers. If you’re purchasing a house, taking a closer look at the community will help you understand the market and investment potential more clearly.

Need to sell your home fast? Get an offer from Brick, fast!

Whether you’re moving on a deadline or you just want to speed up the sales process so you can move on faster, we can help. We offer:

Fast, fair offers: The average home sits on the market between 25 and 30 days. Once your home is under contract, it can take up to 45 days to close. At Brick, we’ll make a fair, cash offer within days.

No closing costs: Selling a home can cost several thousand dollars when you factor in realtor fees, closing costs, and repairs. You won’t have any of those expenses when you sell to Brick.

No walkthroughs: Don’t worry about scheduling open houses or walkthroughs. We purchase homes as-is. We can even buy properties site unseen. We also buy properties in any condition.

Close in days: Instead of waiting a month or more to finalize your sale and move on, sell to Brick. Once you accept the cash offer, we can close the deal within days.

Housing Market Trends in Moab, Utah

The current housing market in Moab, Utah, isn’t particularly competitive right now, especially compared to the rest of the state. At publication, the average sales price for a home in Moab is $599,000. The average home is on the market for about 79 days, and offers above the asking price are uncommon. Most homes sell for 1% below the asking price.

At the same time, in 2016, the average sales price for a home in Moab was around $329,000, and the average home stayed on the market for about 27 days.

Moab is in southern Utah, where temperatures are more temperate than other areas of the state most of the year. Seasonal trends are like the rest of the state. More homes list during the spring and summer when families can move without affecting school-year concerns. Winter months mean less competition, which could also make it easier to sell your property faster.

Hotter temperatures in the summer (sometimes sweltering temperatures) could affect buyers moving decisions.

Tips for Selling Your Home Fast:

Significant life changes don’t always come at the most convenient times. Selling your home may be a desire, or it might be a necessity. Whether you’ve decided to start a new life across the country on a tight deadline or you’re just ready to ditch your investment properties, managing your sale the right way is essential. Check out these helpful articles for navigating the quick sale of your house: 

Critical Tips for Selling Your Home:

Selling your home(s) can be difficult, but it doesn’t have to feel overwhelming. Taking a few minutes to prepare yourself for the sales process can make a world of difference when it comes time to part with your house. Here are a few things to consider:

Why are you selling?

Before you list your house or contact us for a cash offer, it helps to know why you’re selling your home. Identifying the why helps with the sales process, including setting expectations for a sales price. It can also help you emotionally process the transaction so that you’re able to let go of your property. 

Sellers offloading an inherited property, downsizing, going through retirement, or selling because of a divorce, should consider whether their emotional attachment could make the sales process more difficult. We’ve noticed that buyers who are overly passionate about the sale are more likely to:

  • Ignore staging advice
  • Overprice the home
  • Respond irrationally to lower offers or requests for repairs
  • Fail to market to their target audience

If you’re selling because you want to liquidate your investment properties, you may need to consciously withdraw the idea of control over what happens to the property once you sell. 

What are your selling needs?

Once you’ve identified why you’re selling and identified ways to emotionally detach from the sales process, it’s time to think about your needs during the sales process.  Which of these are concerns you have about your upcoming move?

  • Cost of relocation
  • Access to equity in your property
  • Ability to provide seller financing
  • Time to pack and move
  • Cost of realtor fees and closing costs
  • Cost of repairs
  • Finding a buyer to purchase the property as-is
  • Desire or ability to manage walkthroughs and appraisals

Many sellers spend as much as 10% of their sales price on repairs, fees, and closing costs. Are you comfortable, or able, to let go of that money to sell your home on the traditional market? If your home needs extensive repairs, you may need to pay for repairs or make concessions on the sale price. If you’d rather avoid appraisals and negotiating with buyers, selling your home for cash could be a better option. 

Prepare for signing and closing

One of the most anticipated parts of selling a house is signing and closing. This final step makes everything official. The process can be a little different depending on if you sell your home through the traditional market or with an ibuyer. 

If you sell your home on the traditional market, the sale can fall through at any point before closing. Complications with appraisal or funding could delay a sale. In worst-case scenarios, a deal could entirely fall through if a buyer isn’t approved for financing or if the lender refuses to fund the loan because the property appraises for less than the offered amount. 

During closing, you’ll meet with the lender and the buyers and sign paperwork to finalize the sale. Before the final paperwork, your property undergoes an appraisal and inspection. The agent will do a title search, and you’ll complete any repairs or other concessions. Once the closing paperwork is filed, and the title is transferred into the seller’s name, the home is no longer yours.

When you work with an ibuyer, the closing process is a little different. The process is much faster because there are fewer hoops to jump through. We offer more flexibility for sellers, including the ability to control when you move out. We don’t require inspections or appraisals, and you won’t have to worry about our financing falling through. We can help you sell your home in a matter of days instead of weeks.

What does Moab have to offer:

Moab sits in the eastern part of Utah. The city is most well-known as the gateway to Arches National Park. With natural surroundings that attract tourists from all over the world, the views are hard to beat. While Arches is undoubtedly a major draw, there are other attractions and activities to experience in the city. Popular attractions and activities in and around Moab include:

  • Arches National Park
  • Ken’s Lake
  • Off-road at Hell’s Revenge
  • Moab Giant’s Dinosaur Park
  • Dead Horse Point State Park
  • Rafting on the Colorado River
  • Slot Canyons
  • La Sal Mountain Loop Road
  • Canyonlands National Park
  • Shopping in Downtown Moab
  • Petroglyph spotting
  • Moab Winery
  • Moab Brewery
  • Faux Falls
  • Scenic Byway 128
  • Shafer Trail Road

Moab is a community dedicated to outdoor activities, including hiking, canoeing, paddleboarding, rock climbing, and off-roading. While you’ll find museums and plenty of places to shop and eat, Moab offers a retreat from the big-city experience. Located just four hours south of Salt Lake City, it’s just a quick weekend getaway to access malls and fine dining.

There are many ways to explore the national parks and trails in the area, including helicopter tours. The temperatures here can hit the high 90s in the summer, so prepping for warmer temperatures is a must.

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Further Reading

Salt Lake County, Utah

Salt Lake County is the largest county in the state. It’s home to nearly 1.2 million people. It’s the only county in the state with more than 700,000 people. The state capital, Salt Lake City, is located within Salt Lake County.

Pros and Cons: For Sale by Owner

If you’ve ever considered selling your home without a listing agent, here are a few pros and cons of a for-sale-by-owner you should think about before making your final decision. While an agent can certainly be helpful, it’s not impossible to sell your home independently. Some homeowners find that selling without a realtor better suits their needs.

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