When it comes to selling a house, many homeowners consider going the traditional route of finding a real estate agent to list their property on the open market. While this can be a viable option, there could also be some significant financial savings if homeowners choose to sell the house directly to an interested buyer.
Read on to learn more about how selling your Hialeah Gardens house directly to a professional buyer will save you thousands in repair costs.
Expensive Repairs
The main advantage of selling a house directly is that you can potentially save thousands in repair costs. When you put your house on the open market, it is common for buyers to request repairs prior to closing the sale. At best, this means you will have to spend time and money making the requested repairs before the sale can proceed; at worst, it may mean the buyer walk away, leaving you back at square one. When preparing to sell your home, you may be faced with an unexpected expense: costly repairs. From plumbing and electrical issues to roof and foundation repairs, these pricey tickets can significantly reduce your profits. When considering repairs for your home, you should also budget for any necessary landscaping or exterior painting. These tasks can help to improve your home’s curb appeal and make it more attractive to potential buyers. With direct sales, however, that risk is eliminated. It is easy to see why selling your Hialeah Gardens house directly to a professional buyer like those at Down South Florida Home Buyers will save you from paying for any repair costs, which can quickly add up to tens of thousands of dollars.
No Paying Commissions And Close Cost
In addition, selling your house directly often eliminates the costly cost of commissions and closing costs associated with selling a house with a real estate agent. In fact, many people end up saving up to 6%-7% of the price of the house in commission fees by ditching the traditional route of selling and going “FSBO” (for sale by owner). The cost savings of selling your house directly extends beyond repairs and commissions. Oftentimes, the repairs are requested to make the house more desirable for a “new” buyer and therefore increase its market value. This means that you will likely receive a lower net sale price than if you had put it on the open market. With direct sales, however, you will be able to skip this cost. Going with a real estate agent can also cost you in terms of time. It is common for it to take several months and dozens of showings before the house is sold. In a direct sale, you can usually close much quicker, as once you have reached an agreement with the buyer, the process moves along quickly. In some cases, you may even be able to close within a few weeks of the initial agreement. Selling your house directly will also help you avoid complications that come with extensive paperwork. When working with a real estate agent, a cascade of forms and documents may ensue at closing, including tax records, mortgage documents, and deed filings. In a direct sale, the process is much simpler: it is just you and the buyer, and so the paperwork is minimized. In the end, a direct sale of your house can help to both save time and money, putting more money back in your pocket and streamlining the selling process. If you are looking to quickly and cost-effectively sell your house, consider this option before signing with real estate agents.
At Down South Florida Home Buyers, we will handle it all! If you face expensive repairs, now is the perfect time for selling your house directly to Down South Florida Home Buyers. When you work with Down South Florida Home Buyers, there are no commissions or hidden fees that will be coming off of your cash payment at closing. Talk to the professional buyers at Down South Florida Home Buyers about all of the ways that selling your house directly to Down South Florida Home Buyers will save you money. Get a free, no-obligation offer from Down South Florida Home Buyers and see how easy we make the process! Send us a message or call Down South Florida Home Buyers at (239) 766-6225 .