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After the choice has been made that you are going to sell your house there will be some questions. The big thing you may ask if you should I sell my house without a Realtor. This is something that a lot of homeowners are trying to do lately.
There’s many reasons you would liquidate your house without a Realtor. If you have to move fast and don’t have time for the house to sit in inventory, this is an attractive route for you. Not to mention if you’re facing foreclosure or currently in probate. If you’re wondering “Should I sell my house without a Realtor”, then this blog is for you.
The steps to sell a house are going to start with knowing how much you should liquidate the property for. When you are going through the steps to “sell my house without a Realtor” you cannot just rely on happenstance. First, figure out what other properties have sold for and are currently listed on the Multiple Listing Service for.
To sell my house without a Realtor means no paying a commission for services they’ll render.
Usually when homeowners are placing their property on the market they go through various steps to prepare it for sale. Renovations may be included in that as well. Without a Realtor to hold your hand as to what renovations are needed you may end up doing a lot of renovations that are not necessary.
The next step is putting the house on the market. This means you need to know how to market well. You do not just put up a FSBO sign and cha-ching! Because it usually takes several interested home buyers before the perfect buyer finds you. Attempting to sell my house without a Realtor takes a great deal of insight for advertising it correctly.
Then you are going to have to prepare yourself for the uncomfortable open houses or showings. With the sell my house without a Realtor idea it means you have to take on the role of an Agent. A buyer may call or show up at any given time. This can be a real problem and it can be potentially dangerous.
When you do get an offer you are going to need a lawyer to review it or draft a purchase and sale agreement. You could end up having to go through this process a few times. The attorney may be able to handle negotiations but it’ll come at a cost if you don’t want to do it.
The Pros to selling a property without a Realtor is often motivated by not having to pay commissions. The homeowner is the one that pays that, not the buyer. These can vary and will depend on how much you sell the home for.
The Cons to selling a house without a Realtor is a longer list. There are still expenses involved that you will have to pay. The marketing expenses will likely be most expensive but only on the front end. You will have to market in a variety of different ways and they all cost something.
There is also the discomfort of buyers showing up at your door on their time to view the property.
The bottom line is with selling without a Realtor cons and pros is the cons far outweigh the pros.
There are other ways to selling a house by owner quick if you have to. This means taking the approach of selling to real estate investors. These are companies or individuals who are in the business of buying homes for a living. It means that you do not have all of the hassles that you will go through.
When you look at how to sell a house by owner fast it means you can accomplish this with an investor. This is what they do for a living so they already have all the necessary steps covered. They’ve done it time and time again. An expert home buyer will offer you a great deal on the price of your home still. They are very good at knowing what will truly be a win-win situation.
With the investor or cash buyer method you are not going to be faced with those marketing costs. There will be no need to worry about what renovations you need to make to the home because they have contractors in place ready to go. That’s why investors say they’ll buy, “as is”. Also, you only need to have an attorney act on your behalf for the transaction. The investor will look after their end and will have a title company helping out ahead of time. If title turns out to be a clean, simple deal with no problems. You don’t have to worry about whether the buyer can qualify for a loan. They already have the funds for the purchase.
With a investor looking to buy your property you can forget about the question, “should I sell my house without a Realtor?”, You do not need a Realtor for this type of transaction.
There are many reasons you wouldn’t want to sell your house with a Realtor. Our job is not to convince to sell with or without one, that’s up to you.
If you’re interested in getting a home sold in a quick, timely manner, then selling to an investor is the right choice for you. At Adam Buys Houses Company, we’ll make you a no obligation offer for your home in order to help you avoid the frustration of paying any commissions.
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