As homeowners, it is always important to address your options before making a decision. The process of selling the house could be somehow prolonged depending on the method we use to sell it. It’s always advisable for individuals willing to sell their houses to weigh the different options of selling available to them and go with the most beneficial.
In this article, we will be looking into the three possible ways you can get your house sold and the best one for you to choose from. These three methods have their pros and cons and at the end of the day, you’d know which one is more beneficial. The aim of any homeowner putting his/her house for sale is to make a profit by selling at the best possible price and in the shortest time possible. The method of selling that can make this possible would be revealed in this article.
The three different means of selling your house includes:
- Sell by Yourself
- Listing with a Real estate agent
- Sell to a cash buyer
SELL BY YOURSELF
Selling your home by yourself gives you the opportunity to sell on your terms. You put your house up for sale at any price tag (as you wish), and there’s no obligation of paying anyone after-sales. You prepare all your contracts and financial information by yourself without the help of any real estate agent. You do not have to have a real estate license when going with this option. However, selling on your own comes with a lot of limitations due to the possible lack of experience, tools, and expertise in this field.
Before you can sell yourself, you have to list the property. There’s every chance that you lack the required resources to find and attract interested buyers. This prolongs the process of selling as you have to wait till you find a buyer willing to meet your asking price. Another limitation that comes with selling yourself is the need for you to market the house yourself; this also requires some experience and tools to make it effective.
You might sometimes need to repair the house to make the property more appealing to potential buyers. This becomes an extra cost for you to bear thereby reducing your take-home from selling. The process of repairing also prolong the period of sales. Considering all these factors, you will agree that listing with a real estate agent or selling your house for cash would be a better option in contrast to selling on your own.
SELLING TO CASH BUYERS VS LISTING WITH REAL ESTATE AGENTS
A larger percent of most homeowners employ the service of real estate agents to sell their homes. However, before you join the bandwagon, there are some factors you need to consider for you to make the best decision. As a homeowner willing to sell your house, your major priority is making the most money from the sales of your house and also selling in the least time possible. In this section of the article, we’d breakdown what listing with real estate agents looks like in contrast to selling with a cash buyer. At the end of this article, you should be able to choose without doubt the best means of selling your house.
LISTING WITH REAL ESTATE AGENT
This method is by far better when it is compared to selling it on your own, but can the same be said when we compare it with selling to cash buyers. Utilizing the services of real estate agents is beneficial when it comes to publicity and marketing.
An agent helps you put your house up on the listing, thereby making it visible to numerous marketplaces, not to mention their access to the (MLS). This increases the potential views that you have a property for sale. With the use of the right resources, they automatically market your property and help you find the right buyer during the process. Real estate agents take the stress of finding buyers and marketing from you and they undertake this stress on your behalf. They’ve got the resources to do this so it’s more like rendering a service than stress to them.
However, apart from the publicity and marketing on your behalf, listing with real estate agents doesn’t have any other benefits. If you ask me, their cons are more than the pros.
Below are some of the cons of listing with a real estate agent:
High Agency Fee – Most real estate agents charge an exorbitant fee for their services. This can be as much as 5-8% of the house sales price. This means that unlike selling it on your own, you’re obliged to sharing part of the sales from your property with the agent.
Duration of sales – Listing with a real estate agent also takes a while before you get the right buyer. Although it is faster than selling on your own, the duration of a wait before getting buyers can be frustrating especially if you need the money from the sales for something urgent. This means that listing with real estate agents doesn’t support quick sales most times.
Price reduction – Getting a buyer to meet your asking price is very hard to come by. Most times realtors negotiate your asking price thereby leading to a reduction in the initial amount you were willing to sell. This reduces the potential amount of money you can make from selling your house.
Extra cost – Listing with a real estate agent doesn’t save from you incurring extra cost on repairs. Just like selling on your own, you might also need to fix up the house to attract potential buyers. This further reduces your take-home from the house sales.
All these factors are worth considering before opting for listing with real estate agents.
SELLING TO CASH BUYERS
This method involves selling to companies that deal with buying a house for cash. At We Buy Houses In Fresno, we are one of the most reputable cash buyers in Fresno. Transacting with us is more beneficial when compared to the other methods of selling your house. The reasons for this assertion includes:
- FAST TRANSACTION – We close the deal at the least time possible. Unlike the other methods, you get your cash in 7 days after contacting us to sell your home. We don’t need to find potential buyers who have an interest in your property, we buy it ourselves. This makes selling with us fast and stress-free. You don’t have to wait for a long duration before you get your house sold, no other method of selling can beat this in terms of speed. We save you the stress of a long closing process as every transaction is done within a week.
- NO FEE REQUIRED – You’re not obliged to pay any fee when you sell your house to us. There’s no need for an agency fee, realtor fee, or any other type of fees. All you need to do is contact us and we take a tour around your home and offer you the best possible price for your property. Once we agree on our offer, you have your money, we have our property – It’s that simple!
- NO EXTRA COST – Selling your home to cash buyers like us requires no extra cost on repair or tidying up the house. We buy houses in Fresno, CA just as it is, even the ugliest houses – even hoarder houses. We save you the cost of repairing and cleaning your home thereby making sure that you make the most money from your house sales.
There are some cons you might want to consider before transacting with us, but when you look at the pros we offer, these cons are negligible. They include:
- LITTLE REDUCTION IN ASKING PRICE – There’s the possibility that you might make a little less for the house, but when you compare it to other methods – you’re making the most. If you consider the fees and costs incurred, not to mention the time saved compared to other methods of selling, you’d realize that selling to us is the most profitable.
- LACK OF TIME – Selling your house to us is too fast that you might not have the time to think your deal through properly. After the first day of contacting us, we spend the next 3-4 days analyzing and taking a tour around your property. We use the following 2-3 days to draft you our offer and probably seal the deal. Any transaction with us doesn’t fall through, because we give homeowners an irresistible offer.
BOTTOM LINE
Irrespective of the method you choose to sell your house, you will probably end up selling it. However, if you’re willing to save yourself from stress, sell at the least time possible and make the most money from the sales, selling to cash buyers should be your option.
We’re one of the most reputable and reliable cash buyers in Fresno and over the years we’ve been putting smiles on homeowners’ faces by offering them the best price for their houses. There are no hidden costs or any illegal obligations required when you transact with us, this makes us reliable and trustworthy.
Visit our website today; we’re just a click away.