Four Benefits of Selling a House by Owner
Many a time, it isn’t evident, but it is the truth. There is so much more to selling a home than that meets the eye. The processes, the follow-up, the house staging, prepping, the talks, the negotiations and yes, the steps leading up to final closing. And it is something that needs single-minded focus, dedication, time, energy and of course money too. And at the end of it, just when you think you can sit down and heave a sigh of relief, you will have to complete not just the formalities of the closing of the house, but also pay the mandatory 3-6% to the traditional realtor.
What this essentially translates to is the fact that top dollars that you earned out of the sale, will just go to the realtor, almost just like that! Poof! That is what you may be feeling. In the wink of an eye it disappears. And yes, there may be a deluge of thoughts dogging you, and you are justifying to yourself, was the commission paid justifiable?
All of these thoughts are perfectly understandable and natural too. On the contrary, if you didn’t have these thoughts, then that would have seemed rather strange, maybe.
And so, as the saga goes on, now, you are in the real estate market and want to sell your house. And you are pondering which way to go and that is when you realize and hear about this method that you can sell your house by owner. You instantly take to it and you feel that you want to be instrumental in selling your house yourself. And as you delve more into the subject, you also learn about the benefits of selling a house by owner in California and the rest of the United States.
And so, the four benefits of selling a house by owner would include:
In many ways more than one, there are huge benefits to realize when selling a house by owner. The savings realized is a whole different thing.
And for this to materialize or for you to take this route, there’s a house buying service who offers this methodology which is in many ways comparable to a traditional house selling process. This house buying service lets you be at the helm of affairs and in the background, helps get many things running and also pitches in and helps manage the show too. And at the end of it all, these realtors only charge you a 1 percent commission in return.
So, what are the services that the realtors offer in association with selling a house by owner? And the benefits realized when selling a house by owner?
- You get to post your home by way of the MLS or multiple listing services and your property is visible to scores of prospective buyers who visit the many real estate sites looking for properties. And your property is not listed just on one website, but a couple real estate portals, your property listing will be featured in.
- The way you want the property marketed, the photographs to feature and other aspects are decided by you the house owner.
- The real estate agent will be helping you, but the final pricing, and how the negotiations has to go will be determined by you.
- All and any scheduling will be managed by you and not the listing agents. This is a very important pointer to remember.
This seems too good, isn’t it? You are manning the show, you are at the helm, yet you have experienced hands just waiting to help you, guide you, and even complete the sales processes on your behalf. And their charges don’t burn a hole in the pocket. They just want a one percent commission for all of this.
How would you translate these benefits of selling a house by owner?
- You could take the proceeds from the sales and clear any outstanding loans or mortgage you have accrued.
- You can use it as down payment for your new house.
- Or wisely invest it for a rainy day.
So, what are you waiting for even?
The realtors or the house buying service will be with you right from uploading the property listing and offering any advice or will review any contracts and offer any counseling you may seek in the matter. And the real estate agent will also be with till closing and will also take care of it on your behalf.
The weight and stress is just lifted off your shoulders and you get to selling a house by owner and find buyers fast too.
Sell Your House For Cash and Avoid Paying Real Estate Fees
The mixed bag nature that life has on offer sometimes has you riding through a good stead and everything is hunky dory and life could never have been better. And you are practically reveling in it. You’re enjoying every moment of life and moments that are coming by. Everything seems to be set and happening the way it should. And you look forward to living it out each day.
Again, it is life. It can have bumps, twists, and turns or you could screech to a halt or at times a derailment too. Now when that happens, things seem to happen too fast and everything seems to be falling apart like a pack of cards. And you are not in any position to stop this deluge from happening or even prevent it from taking over.
So yes, all this maybe sounding cryptic and you are still not getting the plot. Okay. As life’s situations pretty much dictate terms, and since the going has not been that good lately, or you are right in the middle of a situation, you see the best way or to a certain extent, to take care of things immediately, you need to sell your best asset, your house. Now, selling your house may only be the half of it. You can maybe tide through to a certain extent. Or you are thinking to sell my house for cash in order to keep up with the mortgage payment schedule or maybe avoid any foreclosure that can occur due to non-payments.
All said and done, now if it is selling your house, then that is it. How do you go about it? You are sure you don’t want to go with real estate agents. As it means, paying fees and commission which means you get that much lesser after the sale of your house. And you have it in your mind you don’t want to pay any fees. And if this is on your mind, realtors will not work. And so, what next?
Your what next option would be- A dependable home buying company
Have you not heard about home buyers before? That is surprising. Or the fact that you really didn’t pay attention to what homebuyers does and how the buying and selling of houses happens fast. Well, as house buyers, you really didn’t have to find out, because you were not in the house selling or buying mode and that too at short notice. All that you knew was the traditional realtor way of house buying and selling and the commissions that was payable to them at the end of the sale.
Now, it has just dawned on you that there is another type of house buying service like this and that the operational styles are different and very unlike how realtors operate.
And how does this house buying service operate?
If you are planning on selling house as is today, then so be it. You can seek home buyers and either connect on the phone, or email or better still, meet in person.
Share a gist of where your house is located, and other related details.
And house buyers will take a quick look and then brace yourself an offer will be made the same day or immediately.
Yes. An offer on your house that very instance is what you get. House buyers don’t wait to make it till after you have prepped or cleaned your house. We buy a house as-is.
And the closing process is completed in say a week’s time and cash is paid for your house.
And yes, the one answer you really need, you can sell your house for cash and there is no fees or commission payable.
Come again?
Yes. That is how this house buying service really operates. You can assuredly sell your house fast. And whatever was mentioned above is followed. And yes, just because the house is being bought fast does not mean you have to pay a commission or any kind of fees. The offer made stays and you get it all in cash. And there is no obligation asking you to share anything from that in the form of commission. You get to keep the cash.
So, you have now understood that getting cash for your house is possible and there is no obligatory commission payable. This is real. All that you need to do is go the house buyers’ way!
Cut Out the Middleman & Opt for Cash for House Sale
Who is the middleman, you may ask? Well, here it would be the ‘real estate agent’ or “Realtors” who function as middlemen, brokering a deal between the seller and buyer and taking commissions, if the sale successfully goes through.
What entails as part of the process that the middleman or Realtor follows includes:
You know you are putting your house on the market and selling your house. For this, you visit a recommended, known ‘real estate agent’ from around where you live in Virginia and understand the steps involved in selling a house via “Realtors” and then you know what you need to do before, during and after putting the house on the market.
Some of these steps would be:
1. You have to clean, prep, revamp, repair, declutter and give your existing house a makeover so that it appeals to the prospective buyer.
2. You enter into an agreement with the ‘real estate agent’ to help list and sell the house and pay the mandatory 6% commissions at closing.
3. The “Realtor” will fix the price of your house based on where it is located in Virginia or Maryland, the neighborhood, how the present real estate market is, the age of the house, its size and will also take into consideration the condition of the house.
4. After which, the house is listed and adverts are posted on your house, online, offline, and also in print media.
5. Schedule open house days, so that prospective buyers can visit the house.
6. The middleman will engage with the buyers and share relevant information about the property and pricing.
7. Once you have entrusted the middleman to help sell your house, then you need to wait it out, it could take up to 6-12 months or even more and more so, it is the middleman’s responsibility to help sell your house.
So, you have understood how the middleman functions, and since the situation warrants otherwise, you know this will not work for you and instead, you seek to cut out the middleman and opt for cash for house sale with the help of reliable express house buying companies.
And how can you get cash for house from homebuyers?
Having decided to cut out the middleman, when you go the express house buying company route, the best hassle-free option given is that you sell houses “As Is” in the condition it is in and no questions asked. This literally translates to no cleaning, prepping, repairing or staging your house. Instead, you sell house fast “As Is” whether pretty or ugly and the sale process is completed in as little as 7 days and you get cash for house sale.
The advantage of cutting out the middleman is that there is no commission or fees payable at all.
An offer is made almost instantaneously either in person or on the phone, and once accepted, the hassle-free process begins with the simple paperwork and you can assuredly sell your house fast in as little as 7 days and you get cash for house sale and this is something homebuyers will do for you.
If you are facing some situations, good or bad, as in, you have to relocate on account of a job transfer, promotion, or ill health is dogging you, old age, or you have just inherited a home, job loss, foreclosure, marriage, separation, or some unexpected issues suddenly present themselves, then a middleman will not work, because you need things done and over with fast. And time, energy, and money is not what you have on your side in any of these situations. Your best option is a dependable homebuyer from around your neighborhood in Virginia, Maryland, or Washington, DC. When you sell house fast to them, you get cash for house.
Now you know that you can cut out the middleman and opt for cash for house sale from the house buyers. It is doable and feasible, considering the way it is carried out and in as little as 7 days. This is something you cannot get when you go via the middleman or the ‘real estate agent’ to help sell your house. They may sell your house, but it will not be fast at all. And, the time, energy, efforts and money is saved a great deal when you cut out the middleman. And most of all, it is hassle-free and stress-free too!
So, should you cut out the middleman and opt for cash for house sale? Yes, definitely!
Benefits of Selling Your House for Cash
People often liquidate their house property in an emergency situation. When they are moving to an assisted living, relocating for a job, get tired of land lording, separating from the spouse (divorce), having a huge debt burden, or undergoing the situation of bankruptcy, it is always helpful to hoard some cash for smooth unwinding. But, the deals related to the property are rarely completed without the hassles of paperwork, legal formalities, and financial issues. And, receiving cash against the deal is truly challenging.
In this regard, cash house buying companies offer an incredible option for the people looking to sell their house for cash. They are professional home buyers who work with the motto of ‘cash for homes’. They run different programs to purchase the houses. They also host the events like We Buy Houses, Sell House As Is, Sell House Fast, and others to attract the sellers. They have the liquidity and capability to buy a house for cash.
Being an investment company, they carry a huge cash reserve which they want to invest in the houses. They are ready with cash to buy any house, whether it is pretty or ugly, old or inherited, abandoned or landscaped. They never ask for any renovation or repair. This option is best suited for the people who don’t want to spend money and time on the maintenance of their house and are looking to sell it at competitive market rates.
Here are the benefits of selling a house for cash:
Buy Another House:
If you are relocating for a new job or downsizing the home, it is always beneficial to have cash in hand and move forward with a futuristic plan. With this cash, you can buy a new house at the job location. It gives you the power to bargain and maximize your benefit while purchasing a new house. You can select the home of your choice and location as there are no financial contingencies involved in your purchasing. With cash in hand, you can get the best deals in the market for real estate shopping.
Remove Debt Burden Instantly:
When sinking in debt or heading towards bankruptcy, you need immediate cash to pay them off. Instead of waiting for a dead end, it is mandatory to take steps and offload this burden. Your house can be the life-saving tool. If you have an inherited house left alone or abandoned house in an ugly shape, it can become your financial support. House buyers can buy any home in As Is condition. They are ready to purchase a house in its existing condition without any delay. If the title is clear, they can process and provide you cash within 7-10 days. This is really fast. Using this cash, you can save your credibility.
Get out of Emergencies Immediately:
An emergency comes without warning. These situations are always unwarranted. It can arise when someone gets injured or falls severely sick. Medical expenses are on a higher side. Hospitalization and other medical aids need to be completed in time to save a life. If you don’t have a financial reserve, it is better to get cash for your home and survive this emergency situation. This cash will prove effective for availing the best treatment during medical emergencies. Cash home buyers can process the deal quickly and provide cash within one or two weeks if required.
You Can Invest with Cash:
If you are investing in a home and you have a large equity in that, it is always right to liquidate the same. Moreover, heavy repairs and renovation as well as paying taxes will make a hole in your pocket. Since there is no expectation of real estate growth in the near future, it is better to switch to other sector or industry if you are holding a house for the purpose of future goals. Selling a house for cash is a real bonus. You get a free hand in choosing the option of investment. Professional house buyers like we buy houses Orange Park buyers can easily provide cash against your house.
These are some of the best benefits of selling a home for cash to the professional house buyers. When you contemplate selling your home, finding a cash house buyer should be on top of your agenda. In fact, it is the most convenient way to sell a home. In the busy contemporary lifestyle, no one has sufficient time to wait for months to complete a sale. You need to dedicate your valuable time in renovation, repair, legalities, and closure of the deal. After all these headaches, you have to endlessly wait for your money. And, this is the least that you expect from the sale of your house. Hence, sell it for cash to reputable home buyers and enjoy a stress-free life.
Advantages of Selling a Home “As Is”
Do you have an additional house property you no longer need or do you have to move out of the city or to a different state for personal or professional reasons? You may plan to sell your house quickly and move on. Homeowners in such situations do not have […] Continue Reading…