If you want to sell your house today, you basically have two major options. You either hire a real estate agent to sell your house for your or sell your house yourself to a we buy houses cash company. Each option has their own advantages and disadvantages. What is most important is you choose the option that best suits your needs. This short article will shed some light on what main differences these two options have as you decide what route you must take in selling your home.
Real estate agent fast facts
Real estate agents have been around ever since the real estate market started. So, there is no doubt that they can really help you sell your house. Unlike selling your house yourself, selling it through a competent real estate agent can help you get between 10% and 20% more from your property selling price. Furthermore, selling through their services is 50% faster. Owing to the fact that real estate agents are experts in the field of real estate, they will be able to provide you some valuable advice on what areas in your home need addressing to maximize your house value. Hiring a real estate agent in your area implies that they may have more connections of interested buyers from their past clients and colleagues alike. The network of real estate agents is very powerful to help you sell your house fast.
However, using their services requires you to pay for them. Real estate agents more or less get 6-7% of your property selling price. For instance, if your house has a 200,000-dollar value, you will be paying your real estate agent between 12,000 and 14,000 dollars at closing. You might also need to pay seller commissions to your financed buyers. Also, you have to wait between 30 and 60 days to close your deal with financed buyers. In addition, you also need to shed some money on your inspection costs. The extra money you get from the value of your property will mot likely be cancelled out with your real estate agent fees and inspection costs.
We buy houses cash company fast facts
People are quick to assume that these companies are scam artists when in fact they are not. There are actually benefits to selling your house to them. However, these benefits are oftentimes overshadowed by the fact that most of these companies will not be offering you a full price for the house that you are selling. But, wait! Before you move on and choose not to deal with them, you have to know what benefits you can first get by dealing with them.
Basically, if you make deals with a we buy houses cash company, you get your cash fast. These companies already have some cash with them so you can sell your property quickly and get cash in return quickly as well. Aside from getting cash, you need not pay for seller concessions anymore. Most we buy houses cash company cover all your closing costs allowing you to save more of your money. You will not have to pay huge amounts of commissions also unlike real estate agents. Furthermore, no inspections are needed letting you save yet again more of your money on costly repairs as these companies will buy your house in whatever condition they are currently in. You see, even if you will not be offered a full price for the house that you selling, you can save tens of thousands of dollars in fees and repairs. And what makes them even better is that they can close your deal in a minimum of 7 and 10 days.