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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.
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.
The housing market in Park City is less competitive than in other areas of the state; however, housing prices have increased in the last five years. The average sales price in Park City has historically been higher than in other areas of the state.
At publication, the average sales price for a home in Park City is $1.36 million, and homes spend an average of 27 days on the market. While fewer homes were sold this year, the median sales price increased by 2% and time on the market decreased by nearly 50%.
In the last five years, the housing market has shifted upwards, with some significant dips along the way. At this same time in 2016, the average sales price in Park City was $850,000, with an average of 51 days on the market.
Homes in park city are averaging about 1% less than the asking price and sell in about 18 days. Popular properties get an average of 1% over the asking price and sell in about 6 days.
Park City attracts many visitors in the winter months, thanks to its access to popular skiing locations. Real Estate in Park City is a bit unique as many of the most popular properties are condominiums. The peak selling period is between March and July, though buyers may come out of the woodwork closer to ski season as well.
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:
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:
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?
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.
Located just 40 minutes southeast of Salt Lake, Park City offers plenty for outdoor lovers and entertainment lovers alike. Home to the famous Sundance Film Festival and several ski resorts, high-end hotels, and fine-dining restaurants, Park City is a draw for celebrities and tourists alike.
Some of the most popular attractions in or near Park City include:
While Park City draws a significant crowd in the winter, there are plenty of activities to enjoy during the warmer months. Park City has a lot to offer any resident or visitor, including rides on the famous Alpine Coaster, hiking, museums, fly fishing, horseback riding, hot air balloon rides, and enjoying some discount prices at the outlet mall.
The Sundance Film Festival takes place each January in Park City. The festival typically lasts about 10 days and attracts visitors and celebrities from around the country. Sundance is the largest independent film festival in the United States.
Iron County is in southern Utah and has a population of nearly 55,000 people. Cedar City is the largest community in the county. Iron County borders Nevada on the west, Beaver County on the north, and Washington County to the south.
Rich County is a small county located in northern Utah. Much of the eastern portion of the county comprises the Bear River Valley, which the Bear River Range takes up another large chunk.
There are many moving parts when you’re buying and selling real estate. In addition to understanding how local property values affect home values, it’s also
We buy homes at the speed of life. Request your offer today and lets build a solution that works for you.
Raleigh offers the benefits of a large city and the charm of southern living. Home to several universities and technology institutions, it’s part of what many refer to as the “research triangle.”
Avoiding foreclosure is often the best choice for a homeowner. Here are a few ways you can prevent losing your home to the bank:
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.
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