At first, the idea of selling one’s home without depending on the expertise of a realtor might be a bit scary. After all, the National Association of Realtors has spent millions of dollars over the last 17 years trying to convince consumers that realtors are a necessary aspect of home buying via their seemingly infinite numbers of radio, television, online, and paper advertisements.
Yet, one thing that such commercials fail to mention is the fact that realtors generally cost approximately 6 percent of a home’s sale price—for a $250,000 home, the cost of the realtor’s commission alone comes to $15,000!
And this fee is just the start of the hidden costs, both monetary and psychological, associated with selling your home on the open market. In addition to inspection fees, taxes, home repair fees, and countless additional costs, preparing one’s home for sale requires immeasurable effort in terms of stress, physical effort to both improve the home and keep it constantly tidy, and hours upon hours of your valuable time.
In this article, we outline some of the many benefits of selling your home without using a realtor or worrying about trying to sell the home on your own. One method for eliminating nearly all of the stress of home buying is trusting your house to a reputable home-buying company.
These organizations, such as Buy My House Now, will buy your home as is, saving you time, money, and effort while ensuring your peace of mind.
Chances are pretty good that when you bought your home, you considered it a long-term investment, something that would increase in value over time. Now that you are thinking of selling your house, you’d like for that investment to pay off.
Unfortunately, selling your home on the open market with the help of a realtor means that you may end up actually paying money to sell your home! For example, if you sell the aforementioned home that you bought for $250,000 at a cost of $250,000, you not only receive less value from your home by failing to adjust the price for inflation, but you will receive less than $235,000 as a result of high real estate commission fees.
Additional closing costs take another huge bite out of the amount received through a home sale. Sellers often run into many unanticipated fees, included those related to appraisal, insurance, credit checks, inspections, document preparation, recording, and much, much more.
Even if you go to all of the effort to stage your home, keep it extremely tidy, complete necessary repairs, finish upgrades for appliances, and put new coats of paint on every single one of your walls, there’s still no way of knowing how long your house will be on the market. We all know that one person who sold their home for double the asking price in three days but, realistically, it is likely that you will be waiting a minimum of thirty days for an offer, assuming that you are selling in an extremely fast market.
In a slow market, you may be waiting more like nine months.
During this time, you won’t just be waiting, however. You’ll be keeping your house looking immaculate, cleaning the carpets and wiping the counters before every single viewing and open house, and keeping many of your personal belongings in boxes or storage. Plus, you’ll have to endure receiving those annoying phone calls in the middle of your shower asking if you and your family can be out of the house in five minutes so that a real estate agent can show her clients the property.
You may even get used to packing up the kids and your life at a moment’s notice.
In addition to the inconvenience of the unexpected realtor/client visit, the cleaning, and the often weekly open houses, working with a realtor to sell your house on the market also means that you must first find the right realtor for you. And this process can require a lot of research.
For example, what is the difference between a realtor, a real estate agent, and a broker? What kind of license does a professional need in order to be considered trustworthy? Who is the most likely agent to sell your home, and which is the best company to go with? Are print ads worth the cost or should you try marketing with an online service?
All of these questions can mean months of headaches and hassle, even if you are lucky enough to find a trustworthy, hardworking realtor.
Peace of Mind
Working with a reputable company that will buy your home as is saves you countless hours, immeasurable effort, and infinite stress. Buy My House Now will work with you to ensure that you receive a price for your home that is more than fair without having to worry about losing out on tens of thousands of dollars as a result of steep closing costs.
Buy My House Now will pay such fees, complete all necessary home repairs, deal with the bureaucracy of property transactions, and even work to sell the home without you having to worry about that lengthy and stressful process.
So what are you waiting for?
Selling your home to Buy My House Now is simple, quick, and hassle free. Work with us and save thousands avoiding costly closing costs and real estate commission fees. We offer FREE consultations!