Selling to Us Compared to Selling Through a Real Estate Agent
Even in a sellers’ market, it pays to compare your options when selling a home, especially if you’ve run into a situation where you might have to sell quickly. You might get a higher price when working with an agent, but that doesn’t always mean higher profits when all the fees and costs are added up. The chart below will give you a good breakdown of the costs and hassle involved.
|Selling w/ An Agent||SOLD To Any House Any Price|
|Commissions / Fees:||6% on average is paid by you, the seller||NONE|
|Who Pays Closing Costs?:||2% on average is paid by you, the seller||NONE – We pay all costs|
|Inspection & Financing Contingency*:||Yes, sales can fall through||NONE|
|Appraisal Needed:||Yes, the sale is often subject to appraisal||NONE – We make cash offers|
|Average Days Until Sold:||+/- 91 Days||IMMEDIATE CASH OFFER|
|Number of Showings:||It Depends||1 (Just Us)|
|Closing Date:||30-60 +/- days after accepting buyers offer||The Date Of YOUR CHOICE|
|Who Pays For Repairs?:||Negotiated During Inspection Period||NONE – We pay for all repairs|
To be fair, our model is set up for a quick sale and that means we usually won’t be able to give you the full, current market value of the house. This is offset by saving you on agent fees, closing costs, and possible “surprise” expenses in the form of having to fix serious issues that can cause the home to fail an inspection and lower its value.
Advantage of working with us include:
No more waiting for your property to sell. If your home sits on the market for longer than expected, that often means that you’ll be paying utility bills, mortgages, and taxes on a home you no longer want. There’s also the risk that a housing market “bubble” will pop while your home is on the market even if the housing market is pretty good right now.
None of the expenses of fixing a property up before selling. It’s pretty common for us to buy “fixer-uppers” whose owners couldn’t afford repairs. This saves you the hassle and expense of finding trustworthy contractors to do the work before you sell.
We handle all closing costs. The fees involved in selling your home, including closing costs, can cause a bit of sticker shock after you’ve sold your home the “normal” way. We’ll cover all those fees.
You can avoid those pesky contingencies. An inspection contingency will come into play if an inspection turns up the need for costly repairs, which can give a buyer additional wiggle room to negotiate a lower price. A financing contingency means that the buyer can back out of the sale if he or she can’t find financing. Neither of these are ideal situations for you. Most importantly, you can close on a date of your choosing without having to wait and worry about whether the sale of the home will actually go through. You can just get the cash and move on with fewer worries about what might have been a less-than-ideal ownership situation for you. Give us a call or fill out the contact form to get a free, no-obligation cash offer from us.”