It is always smart to explore your selling options before selling your house in Milwaukee. In our latest post, find out if a direct sale, an FSBO or hiring an agent is the way to go for you!
Many people think that the only way to sell their house successfully is to hire an agent and wait around for a buyer. However, this is not the only way to sell. Often times, people are opting to sell on their own, either using an FSBO listing or selling to a direct buyer, thus eliminating repair costs and commissions. You should first look at all of your selling options and then make the final decision. To help you, we have made you some basic comparisons that you can read in the further text.
A Direct Sale
One of your selling options is to make a direct sale of your house, which will make the process quick and efficient. If you make working with Sparks Property Investors LLC one of your selling options, you will eliminate all of your selling costs, while at the same time saving your valuable time and planning ahead. Not just that, but you will also end up with more cash in your pocket! This way, you won’t be required to spend any time or money on upgrades, repairs, staging and similar. We will deal with all of the paperwork and we’ll pay you right away, in cash. A traditional sale can last for months, but we will help you sell your Milwaukee house in just a week, while also taking notice of your schedule.
Selling On Your Own
Selling your Milwaukee house on your own will require some real effort. It is wise to have some real estate knowledge under your belt so you can understand all laws and be prepared for the negotiation process. You should understand the local market, and be able to recognize a good offer. With a For Sale By Owner Listing, or an FSBO, you will need to handle all of the marketing on your own. This includes online listings, print materials, newspaper ads, open houses, and signage. You will also need to be able to answer questions and show the property to potential buyers as requested. If you do find a potential buyer, you will need to ensure all of the paperwork and contracts are handled correctly. When choosing an FSBO listing, it is always smart to speak to a local real estate attorney to make sure everything is done the right way.
Hiring An Agent
Hiring a local Milwaukee agent is one of your selling options, but there are a lot of things that you have to have in mind. First of, this will require some upfront payments, it will cost you even after the sale and you won’t have a set time of selling. Also, while real estate agent will put your house on the MLS, you will be the one that will have to make the house stand out and be competitive, while also paying for all of the additional marketing and maintenance costs. When it comes to house showings, your agent will be present instead of you, which can make some potential buyers uncomfortable and in return decrease your chances for a sale. If a buyer gives up, then you will have to once again wait for weeks or months – if another buyer comes at all. Then, if the buyer is found, you will have to go through the escrow process which involves inspections, appraisals, and any other red-tape from the lender. After an offer is accepted, it can be weeks before the property actually closes.
At Sparks Property Investors LLC, we want to help you make the decision that is in your best interest. Whether you decide to sell directly, on your own, or with an agent, make sure to fully explore all your options before choosing how to sell your Milwaukee home.