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Georgia’s real estate market is a little bit spotty, and some of the laws concerning the sale of a property are a little spotty. Great properties in great areas can sell quickly, while average homes in unremarkable neighborhoods aren’t exactly flying off the market.

NO MATTER YOUR SITUATION WE CAN HELP

Selling a home is an involved process, no matter how or why you choose to sell. No matter what the case is, you’ll need to make sure you’re abiding by Georgia law while you’re making the sale. Some reasons for sale may require a legal process or certain obligations to be fulfilled before the home can be sold. Make sure you’re in the clear before you hike up that “for sale” sign.

CHOOSING THE RIGHT SALES METHOD FOR YOUR HOME

SELLING THROUGH A REALTOR

In Georgia, the median home value is $148,500, and the average real estate commission is 6%. This means the average real estate agent will receive just about $9,000 from the sale of your home. Property values aren’t always the same across the board. Home values in Augusta average out at $80,800, while homes in Cumming command a significantly higher average at $264,600. Depending on the value of your home, commissions generally range between $5,000 and $16,000.

The average Georgia home sits on the market for 86 days. 14% of listings will see price cuts, and 18% sell below the previous sale price. Georgia was hit particularly hard by the real estate collapse, but the market is slowly building itself back up to full strength. It isn’t unheard of for a less desirable property to sit on the market for as long as 200 days before selling, but great properties do have hope in the current market.

Sell Through a Realtor
For Sale by Owner

FOR SALE BY OWNER

If you don’t want to lose that 6% commission or you can’t wait the duration of the average listing time, you can choose to sell your home by owner. The only issue with by owner sales is that you will always rack up out-of-pocket costs. Staging your home, making repairs, listing, advertising and showing the property are all your responsibility. In some cases, you may even want to hire a real estate attorney to go over your sale documents for your own protection.

Sometimes this is worth it, and sometimes it isn’t. If you don’t have cash on hand to sell the home without help, it’s not worth driving yourself into debt. Even with a realtor’s expertise and connections, the average sale time is still nearly 3 months. By yourself, it could take longer – and ultimately become more expensive.

SELLING TO AN INVESTOR

If your home isn’t a conventionally desirable property, you might consider turning to a home investor. Investors offer less than fair market value for your home, but when all factors are considered, you’re unlikely to receive full fair market value no matter how you sell the property. Investors buy homes in any condition, and they buy homes quickly. If you’re looking to cut financial ties with the property and move on, this is an excellent alternative.

Home Buyers USA is a team of professional investors who have been purchasing homes for years. We understand that in most cases, turning to an investor is not a homeowner’s first choice. Whether you’re facing foreclosure, navigating a difficult probate, living in a run down home, or on a tight schedule to relocate, you’re probably facing a lot of stress due to your circumstances. We know that, and we’re here to help.

Contact us as soon as you’ve made the decision to sell to an investor. Provide us with information about your current situation (including any time restraints) and the details about the property you’re looking to sell. In many cases, we’ll be able to draw up a quick cash offer for your property. The sooner you sell, the sooner you’re free to move on from your obligation to the property.

INVESTORS IN GEORGIA SPECIALIZE IN HELPING HOME OWNERS IN DIFFICULT SITUATIONS

What to Do in Foreclosure

The short answer: act immediately. Make sure you have a full understanding of Georgia’s foreclosure laws. There are a few things you can do to protect yourself and minimize the damage of impending foreclosure. Read more

What to do as a Landlord

If you like your tenants but don’t like being a landlord, make sure you don’t take it out on them. You can’t run a quick eviction for tenants who haven’t violated their lease or failed to pay rent. Read more

What to do if you're in Probate

First and foremost, see if you can skip probate. Georgia actually allows heirs to skip probate under certain circumstances. Read more

What to do if Home needs repairs

It’s not uncommon for a homeowner to find themselves in a position where the cost of necessary repairs actually exceeds the value of the home. Read more

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