Tyler Bundy, a prime Nebraska actual property agent who works with over 70% extra single-family properties than the common Omaha agent, feedback on what he believes is the most important downside in our record.
“When it comes to we buy houses or cash offer companies in Nebraska, they are investors looking to make a profit,” he says. “So if you’re looking to sell for a premium dollar or for market value and receive a cash offer, that will not happen. You will receive an offer that might be 20% to 30% below the market value.”
For some Nebraska sellers, the velocity and comfort of a money provide might outweigh the decrease proceeds downside, however Bundy suggests contemplating all choices earlier than owners decide.
Choice 2: Rent a prime Nebraska actual property agent
When velocity is of the essence in promoting your Nebraska house, partnering with a top-notch actual property agent can nonetheless be a strategic choice. A proficient agent brings a deep understanding of the Nebraska housing market dynamics, steering you towards a swift and favorable sale, even amidst tight timelines.
Let’s briefly assessment the state’s present market circumstances, spotlight some great benefits of partnering with an actual property skilled, and discover methods to establish a high-performing actual property agent in your space. We’ll additionally contemplate the tempo at which brokers sometimes promote properties in Nebraska.
How briskly are properties promoting in Nebraska?
In Nebraska, the present statewide median days on market (DOM) for a listed house is round 31 days. The DOM represents the time from itemizing to a signed contract. Along with the contract interval, sellers should additionally take into consideration the time till closing, which averages a further 44 days a purchaser wants to shut on a purchase order mortgage. This brings the everyday promoting timeline to 75 days, about two and a half months.
Whereas these numbers signify a statewide median DOM, some elements of the state are experiencing sooner promoting instances.
“It takes about four to six days on average for existing homes to get a contract in the Omaha, Metro area,” Bundy says. “There are two primary metropolitan areas in Nebraska, Lincoln and Omaha.” He provides that your DOM will range relying on location, the situation of the property, and your itemizing value.
“As the market has shifted with higher interest rates, the homes that are selling faster are those that are priced correctly and have more updates than other homes,” Bundy explains.
As of writing, the median house value in Nebraska is $275,000. To promote your property shortly and for the finest value, work with an skilled actual property agent.
Advantages of promoting with a prime Nebraska agent
Pairing up with an achieved Nebraska realtor will be instrumental in securing a quick house sale, whereas guaranteeing you don’t depart cash on the desk. Right here’s how their experience can contribute to a swift and worthwhile transaction: