For many potential home buyers the obvious choice when it comes to buying a home is using a realtor.
But what if you want to sell my house fast Stafford TX before you buy your new dream home. The last thing you want is to have to pay for 2 mortgages or repairs to your old home.
You are better served taking that money and investing it in your new home. So, when you get ready to sell think of selling directly to an investor.
Agents can be a wonderful asset when selling your house, however, it is not the only strategy you should consider.
By doing a little homework, you can successfully sell your house on your own, saving you time and money overall.
Related article: How To Sell A House By Owner Financing In TX – The 5 Step Guide
In our newest blog post, we will discuss some of the most common costs of a traditional listing on the MLS, so you can determine if hiring an agent is the best choice for you!
keep in mind working with a realtor isn’t for everyone and there are other options available for you.
Cost Before The Sale
Before you consider putting your home on the market, take a look at other homes on the MLS. Check out what people are asking for comparable properties and more importantly, look at what comparable properties are actually selling for.
How does your house stack up? Will people opt for your house over the one next door? You will need to look t it from a buyer’s point of view.
They will want to get the most for their money. This means you will likely have to make some repairs, touch-ups, and even upgrades to the home in order to be competitive. Houses that sit on the market lose interest among buyers over time.
If the property doesn’t sell, people will likely believe there is something wrong with it. You need to come out of the gate with a house that wows potential buyers and proves to be an excellent value for the money.
Realtor Costs
This isn’t a perfect world and agents don’t work for free. Why would you want them to any way Realtors provide a great service for their clients.
Many agents work incredibly hard and deserve every penny you pay them. That said, be wary of those who don’t.
While every agreement is different, when you commit to listing with an agent, you also commit to paying their commission which typically runs about 6% of the final sale price.
You will own the agent this amount, even if you sell the property on your own to someone you know. In addition, some agents will charge you for administrative costs, listing fees, marketing, listing sites, photography, and more.
Make sure you know exactly what’s included in your listing agreement as no two agents are the same.
The Closing Table
Once the closing date comes around, in addition to paying your agent, you will also have to come up with the closing costs. You can usually estimate this to be approximately 2% of the final sale price.
The closing costs include things like appraisal fees, taxes, deed recording, title search, dee recording, credit checks, and more. With a direct sale to Sell Your Homes Houston , all of these costs are covered for you.
Hurry! Not Much Time
When you list your house, you are in a sense, gambling. You aren’t offered any guarantees such as how much you will get or when the house will close by.
This can make it difficult to plan ahead and move on with your life. In addition, you will have to continue paying the monthly costs for the home such as insurance, taxes, and monthly utilities.
An agent can list your house for any price they want, however, that doesn’t mean you will get it. With a direct sale to [comapny], you will be able to know the exact amount you will receive as well as the closing date before signing anything.
We aim to make the process as clear and as simple as possible.
Conclusion
When buying a home using a realtor is always a great option. But using a realtor is the best option for everyone.
What if you wanted to sell-buy owner, what do you do? In our latest blog post, we go over some reasons why you might not want to use a realtor. Before you buy your new home, if you need to sell my house Stafford TX, sell directly to your local investor.