Selling a house is one of the most important things you will do in your lifetime. It can be an emotional, stressful process that is full of unknowns and surprises. The fact is, it’s much easier than you may think, and there are many different ways to do it. One of those ways is by doing it yourself, which means selling your home directly. If that’s you then here are four reasons why you should consider selling a house directly and avoid traditional real estate agents.
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1. You will save money
Most people expect to pay a commission for real estate agents, but it turns out that you will actually save a lot of money if you sell a house yourself. This is because you have to pay the agent’s commission, plus pay a property management company to find you a buyer and keep the house clean and in good condition while it’s on the market.
When you hire a realtor they charge a fee to market your home and get it sold. On top of that, they will also take a percentage of the total sales price. On the other hand, If you decide to sell it directly, you’ll only have to pay for the cost of your own marketing (which is usually minimal) and the property taxes on the house. Not only will you save money but you’ll also avoid paying a realtor a hefty commission.
2. Get a higher price for your house
Typically, when a house sells through a real estate agent, the agent has a list of several potential buyers that they will share with the homeowner. You may think this is great because you get more exposure for your home and you might even get more offers for it. The problem is that they all have to pay the same amount.
However, when you eliminate this, you can get the best offer and therefore get a better price. The reason is that the agents are competing against each other and they have no incentive to offer you a higher price. This is because if you accept the highest bid they’ll make more money off of you than if they take a lower price and get you more money. However, someone reputable like us bring a good deal to all those who find themselves lost when it comes to sell my house fast in Clarksville.
3. Sell a house faster
Selling a house through a realtor can take weeks or even months. It’s not because they are taking their time, it’s because they are working through the process of trying to find a buyer for your home.
When you sell your house yourself, you are able to put your house on the market immediately. Online resources like Zillow, Trulia, Realtor.com, and Craigslist are extremely helpful to find a buyer. Once you are in touch with the buyer closing becomes much easier. Keep that in mind, if you don’t price your house competitively enough on these sites, you might not get any offers at all.
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4. Inheritance
Inheriting property is likely another drain on your emotions especially when you consider yourself ready to move on but are not able to do so immediately; that’s why to Sell my house fast Nashville TN. If you’re not a fan of your inherited home, you’ll want to sell it as soon as possible so that you can start fresh in a better living space. Unlike a traditional real estate agent though, direct buyers are able to help with the paperwork and make the process less complex and easier than one would originally imagine.
How much will I make by selling my house directly?
The typical real estate agent can earn $4,000 to $6,000 on a single listing. However, you can earn substantially more than that by selling your house directly and leveraging the internet. You could take anywhere from 10 percent to 30 percent more money by selling your house directly.
How long will it take to sell my house?
It depends on the market conditions and other factors, but it usually takes about 3 months to sell a house.
What are some ways to sell my home quickly?
You’ve got several options to make this happen. Put up a For Sale sign in front of your house, advertise on the Internet and local newspaper. Partnering up with a direct selling company can also work.
What’s the best thing about selling a house directly?
● The buyer pays the cash and you do not need to pay the commission to an agent.
● You get cash upfront.
● Total freedom of when to list.
● Put your own price.
What’s the biggest misconception about selling a home directly?
The biggest misconception about selling a house directly is that it’s a quick, easy way to have a new home and make a tidy profit. While this is often true, in many situations it’s not.
How can I get my house listed on a website?
Pretty simple, sign up to any property listing website and you will see a feature to insert your ad there.
How would you explain the dangers of selling a house through a Real Estate Agent vs selling it directly?
A lot of people still find themselves getting ripped off by the realtor. This is why they actually try to sell their properties themselves no matter the dangers. The thing is, when it comes to selling your home, it should be done in a professional manner and with the right people.
Real estate agents are actually more expensive and you will not have the same level of protection when you sell your property on your own. Selling a house directly doesn’t involve paying the commission to the realtor but you will have to take care of the advertising, the inspections, the paperwork, etc. If you do not know what you’re doing, it can become very difficult.
Final Verdict
Selling a house on your own is not difficult, it sounds daunting for some because of the idea of dealing with strangers about something so personal. But if marketed correctly, it can be a very profitable option. It directly takes the middle man out of the equation and therefore the money that goes to that middle man is now in your pocket while selling house in Tennessee. You not only secure the full amount of the house’s value but also it’s a win-win situation for both parties involved.