Listing With A Real Estate Agent vs. Selling To An Investor
Selling With A Real Estate Agent
The traditional way of selling your house with a local real estate agent requires you to do a a good number of steps before actually being able to sell your house and move on. You'll have to prepare yourself to put time, money and effort to sell your house.
- Prepare Your Home For Sale. Before you can put up your home for sale, you have to make sure it is in good condition. You have to evaluate the exterior and interior conditions of your house. This may involve some DIY work or contractor work to make sure everything looks good. You will also have to tidy up your things like sell some stuff or put them in storage because you will need to stage your house for potential buyers.
- Find A Good Real Estate Agent. Of course you wouldn't just go with anyone you can contact. You will have to do your research and find a good real estate agent who can sell your house in less than 90 days. You may have to do interviews or look for referrals and reviews.
- List Your Home. Before you list your home you also need to do research because you want it to be at a competitive price. You can ask around to get a good number or take a look at MLS websites. Also, to create an appealing listing you will need to take good photos. This is where the preparation you did comes in handy since you've already replaced whatever's broken or dated. Depending on your availability, you some buyers may also want to take a look at the house so you can end up doing just one showing or a lot of showings to get substantial offers.
- Review And Negotiate Offers. Once the offers come in you'll have to review them with your agent and let them bridge the negotiation process for you. You might go through several rounds of counteroffers before actually reaching an agreement.
- Finalize The Deal. Once you receive an offer that meets your desired numbers and justifies the time, money and effort you've spent, you can work on finalizing the deal by signing a contract with a buyer. Keep in mind that you have to be ready to make additional repairs or lower your price based on contingencies.
- Close Your Home Sale. After the home inspection and appraisal contingencies are done, you can finally close the deal. This will typically be carried out at your buyer's title insurance office, or virtually. This is also the part where you'll need to pay for your sellers’ closing costs which comes out of the proceeds of your sale. The biggest chunk is usually made up of the commissions of your real estate agent and the buyer's agent. You might also be responsible for paying closing costs related to taxes and title insurance.
Selling To An Investor
Now that you know the steps involved in selling your house the traditional way, we'll show you how fast and easy it can be to sell to an investor.
- No Need To Prepare Your Home For Sale. We buy homes as-is. You don't have to worry about the current condition of your home. You don't have to spend time and money on repairs.
- You Don't Need A Real Estate Agent. You can skip the step of having to look for a good real estate agent, we can buy your home directly.
- No Need To List Your Home. We may ask to schedule a quick visit or ask for current photos but that would be it.
- Review Our Offer. We will present a fair cash offer that you can review right away. You can talk to us about any concern and you are not obliged to do anything upon receiving our offer.
- Accept Our Offer. If the numbers work for you, we can move on to closing the deal.
- Close The Deal Without Worrying About Costs. We won't take any commission and pay all closing costs. Our offer amount is what you get.
Compare And See The COST Difference
You Can Do The Math
When you work the numbers for selling your house fast with Rusty and Susanna, you have to consider what you can save on repairs, commissions, and closing fees. Keep in mind that we buy houses as-is, don't take any commission and pay all closing costs.
You won't have to spend on repair costs because we buy houses as-is. We're happy with the "what we see is what we get" scenario. You also won't have to worry about costs in staging your house. Most of the time, showings will will require you to sell or donate your stuff so they don't get in the way of potential buyers. Other scenarios will require you to rent storage units to keep your personal items but is an added cost.
Unlike selling your home through a real estate agent, there will be no appraisal and contingency costs. When it's time to close, the offer you accept will be the full amount you get. We wont deduct any fees and commission from it.
Compare And See The TIME & EFFORT You Save
Time Is Money
Aside from the expenses you may incur when selling your house with a local real estate agent, you also have to think about how much time and effort you are going to be spending when selling your house. Your own personal energy is also a valuable commodity you will be putting on the line when you sell with a real estate agent.
if you do not have the budget to hire someone to do the repairs, you will have to spend time and effort in DIY work like painting your house, fixing the plumbing, or replacing what's broken. You may also have to source new or updated furniture for staging your house.
When you sell through a local real estate agent, you have to also consider the time you will need to spend finding a good agent who can sell your house in less than 30 days. There is a reason why contracts with real estate agents are good for 60 to 90 days and that's because it takes time for them to list your house and find interested buyers. Take note that the time your house is listed until it is sold still happens after 15 to 30 days of preparing your house for sale. It ultimately defeats he goal you've set which is to "sell my house fast" and loses the benefit of the stress-free and hassle-free option we can provide.