Relocation is a complicated exercise in coordination. We get local Somerville home sellers calling us or submitting their house info on this website every week saying “I’m relocating and need to sell my house in Somerville“. The great thing is that we’re able to help many of those sellers sell their houses quickly (because we’re actively buying houses in Somerville, MA, right now!).
Moving comes with an overwhelming number of details to manage, on top of the stress of the reason behind the move—whether it’s starting a new job, caring for a sick relative, or navigating another major life change. At its core, the need to move almost always stems from a dramatic shift in life circumstances.
So how do you make the most out of a difficult situation?
Don’t Agonize – Organize.
You don’t want to be in a situation where you end up paying to own and maintain a vacant house for 2 years. That gets expensive and it doesn’t have to be that way.
Although the market is relatively stable right now in Somerville, things can change in the blink of an eye. We’ve heard some serious horror stories over the past couple of decades. Unless you’re filthy rich, you probably can’t afford to wait it out.
So how do you make the right choices when you’re relocating and need to sell your Somerville MA house fast?
Step-by-Step Guide to Selling Your Somerville Home Quickly During Relocation
First…
- Find out what your house is worth: To get started, one of the most important steps when relocating from Somerville is to understand the current market value of your home. You can do this by contacting a reputable local real estate agent who specializes in Somerville properties, or you can connect directly with us for a no-cost, no-obligation valuation of your house. Knowing what your home could realistically sell for in today’s Somerville real estate market is crucial because it establishes the foundation for all your next decisions. Once you have a clear idea of your home’s potential value, you can better determine how quickly you need or want to sell, whether you are aiming for a fast cash sale, considering listing with an agent, or weighing other options. This step ensures you make informed choices that maximize your equity while minimizing stress during your Somerville relocation.
- Decide how fast you need to sell your house after you relocate: This is a biggie. I’ve seen professionals who moved out of state for a job who had their house on the market for over a year before selling it for a much much lower price than they hoped. Decide how fast you need to sell your house… and how long you’re willing to keep making 2 mortgage payments, insurance payments, etc.
- Find a solid real estate agent BEFORE you start packing boxes: Get the ball rolling early so you don’t waste any time. Every month that you wait or every month that it takes to sell the house… costs you money. Or if you don’t want to use a real estate agent to sell… we are a reputable local house buyer and we’d love to make you a fast-fair all cash offer. Just fill out the form through this link to get started >>
- Calculate the value of selling your house fast vs. “waiting it out” for a dream price:
Everyone wants to sell their home for the highest possible price. But what many homeowners in Somerville, MA overlook is the hidden cost of simply holding onto a property while waiting for the “perfect buyer.” These holding costs eat away at your profit and can make a fast sale far more valuable than a top-dollar listing.
Let’s break down the numbers:
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Mortgage payment: $3,600/month (based on a $950,000 home value and today’s rates, with most of that going toward interest if you’re in the first 10 years).
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Property taxes: About $750/month (Somerville’s average effective property tax rate is ~0.95%).
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Insurance: Around $150/month.
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Maintenance & utilities: At least $300/month (lawn care, snow removal, small repairs, heating while vacant, etc.).
That adds up to $4,800 per month in non–equity-building expenses.
Now, if it takes 7 months to sell your home the traditional way with a real estate agent, that’s $33,600 in holding costs alone. Add in real estate agent commissions (6% on a $950,000 sale = $57,000), and you’re looking at over $90,000 lost just by waiting for the sale to close. And that’s before factoring in stress, uncertainty, and the lost opportunity of putting that money to work elsewhere.
Here’s the kicker: even if you sold your home for less—say $875,000 instead of $950,000—to a direct buyer who could close next week, you’d actually walk away with more money in your pocket by avoiding holding costs and commissions.
At the end of the day, the math shows that waiting often costs more than selling fast. If your priority is to sell your Somerville house quickly without the stress of showings, repairs, and long holding times, working with a direct buyer like us could be the smarter financial move.
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- Take action!: Whatever you decide… decide and take action. If you want to go the real estate agent route, great! Find a reputable local Somerville MA agent. If you’d rather not have to wait and not have to pay real estate agent commissions… then a viable option may be to sell your house to us 🙂
If you’ve got a lot of time on your side and a really great property, you might want to test the market by offering it out at a high price. There’s a small chance someone might just fall in love and be willing to overpay – people do crazy things for love.
Most properties are pretty average, in reality. They tend to be like the other houses around them, in the same way that people who live near each other tend to have a lot in common too. So unless your property is truly exceptional, as in magazine-quality extra-special, you won’t capture the most money in the market by pricing at the highest point.
You can also win by marketing your property for rent and sale at the same time, just to see what happens first. You have to maintain control of the process, which can confuse even seasoned real estate brokers.
In certain situations, we may help renegotiate a loan, help make monthly payments, or conduct a short sale with a bank.
We love helping people solve complicated problems.
Creative solutions can bridge the gap to get you where you need to be.
Relocating from Somerville? Here’s How Velney Development Makes Selling Easy
We’re investors. We support our families and beautify neighborhoods by buying houses from Somerville home owners who need to sell fast for one reason or another.
The types of sellers who tend to work with us include people who…
- Need to sell fast (we can close in as little as 7 days if you need us to)
- Don’t want to hassle with listing a property with an agent
- Don’t want to pay real estate agent fees
- Can’t sell their house for one reason or another (we buy houses in as-is condition)
- … or a variety of other reasons
But we’re passionate people, and we believe in the Somerville community.
We’re honest and straightforward.
We’ll quote you a fair price, and we can close fast with cash.
If you’re prepared to wait and can hire professionals to help, you can manage the sale of your property from a distance. In certain circumstances, that risk can pay off.
We’re happy to help you find answers to your toughest questions about your Somerville real estate, so please feel free to call us at (617) 401-9339 and chat with us anytime.
Personal Experience Relocating
Having served in the United States Marines, I know firsthand how stressful relocation can be. During my five years of service, I relocated three times for different assignments—not including deployments—which meant uprooting my life, moving across states, and adjusting to new environments multiple times in a short period. I personally experienced the stress of coordinating housing, managing finances, and making sure everything was in order before each move. That experience gave me a deep understanding of what homeowners go through when they need to sell quickly due to a job transfer or life change. I truly empathize with Somerville residents facing similar pressures, and it’s why I’m committed to providing solutions that make selling a home fast and stress-free.
Conclusion
If you’re relocating and need to sell your house fast in Somerville, MA, the smartest move is to take control before holding costs eat away at your equity. Whether you’re facing a job transfer, downsizing, or simply need a fresh start, our team specializes in providing fair cash offers and quick closings that save homeowners time, money, and stress. At Velney Development , we’re committed to helping Somerville residents navigate tough transitions while keeping more money in their pockets. If you’re ready to skip the headaches of repairs, showings, and months of uncertainty, reach out today—we’ll give you a straightforward solution that makes selling your Somerville home fast, simple, and financially sound.