Did you know that last year over 5.64 million houses were sold? Despite this high number, anyone who’s ever sold a home knows that the process isn’t always easy. Indeed, more often than not it can be a long and expensive process.
This is especially true if you go through a traditional real estate agent. Sadly, many people think that these agents are their only option when it comes to selling their homes. The reality is that there are a variety of alternatives, notably a professional home buyer. A professional home buyer differs from the cash buyers you see advertised frequently in that they’re investors.
As such, they purchase your house as it is — flaws and all. If you’re curious about these types of professionals, then you’re likely wondering what benefits come when you work with them.
Luckily, we’ve made this article with five of the main benefits that come with choosing a professional home buyer over a real estate agent. Let’s get started!
1. With a Professional Home Buyer You Avoid Real Estate Commissions
The biggest problem with selecting a real estate agent to sell your house is the fact that they take a percentage of the commission once they sell the house. Ultimately, the percentage depends on where you live and what real estate agency you go with.
However, most of the time this amount is between 5% to 6% of the final sale price of the house. As such, if you sold your house for $350,000, then you would end up paying around $25,000 to split with the buying agent.
That’s a pretty huge chunk of cash right off the bat, even if you do eventually lower the price. With a professional home buyer, you avoid this type of fee, since the buyer isn’t being commissioned.
2. You Don’t Need to Deal With Any Repairs
Another painful factor to consider when moving is the necessary repairs. Often home sellers will put off minor repairs on their property for when they sell. However, these expenses can add up.
This is especially true if they deal with major systems, like your HVAC, appliances, and plumbing. These repairs can easily run into the thousands of dollars range. Unfortunately, damaged systems simply won’t fly with home buyers.
And, if you lie about them, then they will discover them during the inspection phase and you will waste everyone’s time. Even if you take really good care of your house, there are still likely repairs that you will need to make to make your property attractive to sellers.
More often than not, tiny repairs can reveal major problems, like water and mold damage. That’s what is so great with choosing a professional home buyer over a realtor. You don’t have to worry about repairs. The person buys the house as-is, you don’t even need to think about cleaning up at all. Talk about a load of stress off the mind!
3. You’re Able to Dodge a Lot of Home Selling Costs
Repairs are far from the only cost that comes when you sell your house. There are also tons of other hidden costs that come with selling your home. One example is a professional staging company.
These services make homes look more attractive to home buyers by moving in new furniture to accent the features of the property. Curb appeal is also important, so you will need to invest in a good landscaping company.
After all, the outside of the house is the first thing they will see. You will also need to hire a professional photographer to take good pictures of the interior and exterior parts of the property.
That way you can attract buyers online. All together, these services will likely cost you an additional $10,000 or more. All of which you can avoid by going with a home buyer.
4. You Can Sell Your Property Much More Quickly
Selling your property through traditional listings can take a long time. Even if there is a high demand for the home, it can still take months to get around all of the red tapes that come with closing costs.
If your home isn’t in a popular area or needs fixing up, then it can languish on the market for months or even years. This can spell financial ruin if you need to relocate before selling your home.
Luckily, an investor can close on the house quickly. Typically, this occurs much faster than real estate. Most professional home buyers can guarantee you cash in hand in thirty days or less. This is especially true if you go with a dependable buyer like Sell Now Homebuyers.
5. You Avoid Finicky Buyers
If you’ve ever sold a house before, then you’ve likely encountered finicky buyers. These people might back out of the sale at the last minute when they get cold feet. Or, they might get denied part of their loan application.
Regardless of the reason, it wastes everyone’s time. Many buyers will also try to get concessions out of you by requiring you to lower the price for a sale. This can cut deeply into your final profits. Luckily, you avoid all of these annoying types of buyers when you go with a professional home buyer.
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We hope this article helped you learn more about the benefits that come when you choose a professional home buyer to sell your house. As you can see, these individuals aren’t just for people who have a worn-down house they need to sell with lots of repairs (though they can help with that).
Instead, they’re for anyone who wants to avoid a lot of the costs and fees that come with selling your home the traditional way. So, if you’re convinced, then contact a professional home buyer today to get rid of your property as quickly as possible.
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