Did you know that when it comes to selling your own home and taking all the legal risks and costs of doing it yourself or handing it over to a real estate agent who is paid thousands in commissions aren’t your only options?! By understanding your other option, working with a direct buyer, you will be able to compare all your options and determine which is best for you. Here are the pros and cons of a direct sale of your house.
Pro — Skip Showings
You can avoid open houses and showings as well as having everything you own available for viewing on the internet by selling directly to an investor in your market.
Pro — No Commissions
The sale of your home doesn’t have to be complicated or a long drawn out process. Working with a direct buyer means dealing with simple and straightforward contracts that contain no hidden fees or outrageous commissions that eat into your profits.
Pro — No Marketing Expenses
Top real estate agents include marketing expenses and repairs as they may direct, which could be an open-ended spending account in their eyes. They often hire professional stagers, photographers, and drone pilots to compete in the new world of listings. You can avoid all of these expenses through a direct sale of your house.
Pro — No Repairs
Unless you have maintained your house in absolutely perfect condition or its brand new, there will be at least minimum investment in sprucing it up. If your house is more distressed, you may be very well aware that it could be thousands of dollars in repairs to get your home show ready. You can avoid this nightmare by working directly with a buyer.
Pro — No Holding Costs
Holding your home on the market while you wait for a buyer can be costly. If you’ve relocated in the meantime, you’re also carrying all the secondary household expenses. You can avoid these costs through making a direct sale of your house
Pro — Quick Closings
Working with a direct buyer means fast closing, some times as fast as seven days. If you want to cash in on the equity of your home right now, your best solution is a direct sale of your home. A direct sale is done in ALL CASH so you don’t have to wait out appraisals, home inspections, and mortgage loan funding. Buy eliminating all of this you won’t spend time waiting which means cash in hand quickly.
Con — Less than Market Value
A direct buyer will work with you to come to a fair price for your property, and the amount paid at closing is the amount of the original offer. While a direct sale of your house may not bring as high of a sale price, this is often made up for by all the convenience and the money you’ll save by avoiding all of the other potential costs of listing a home.
A direct buyer can save you thousands of dollars, with no commissions, no repairs, no marketing expenses, or holding costs. You can also save valuable time by selling your house directly along with a swift closings, and you won’t be dealing with the time-consuming process of updating and repairing your home. Add all of this to the convenience of avoiding showings, and why wait? Contact a direct buyer today!
