Direct Sale a House vs. FSBO vs. An Agent – Sparks Property Investors LLC

sell my property optionsThere is more than one way to sell your Greendale house! So many people get wrapped up in the idea of listing, that they don’t explore all of the ways a home can be sold. Many people miss out on saving time and/or money by using the only solution they know how. There are many different ways to sell a house. 

In this article, we will break down the pros and cons of each do you can make a smart and well-informed decision about how you wish to sell!

Pros of Direct Sale a House:

When you opt for a direct sale,  you will be faced with many offers that you didn’t think about before. Direct sale can save you a lot of time. Most people who make direct offers will pay you in cash, which means there’s no waiting for banks. In other words, you can often sell your house in just a week! A quick sale will immediately end your financial obligations, which will help you save a lot of money on things such as insurance, utilities, commissions and listing costs. A direct buyer often won’t require any cleaning, repairs or upgrades and will buy your home as-is. A direct sale will allow you to get a great price for your house, without any wait. This means that you can start planning on what you want to spend your cash right now, because you will now exactly how much you’re earning and when.

Cons of Direct Sale a House:

The final sale price on a direct sale is often lower than retail.

Pros of Selling Yourself:

You control everything. You have all the power in your hands and you can decide on the best course of action. Also, when you make a sale, you won’t have to deal with paying a commission to an agent.

Cons of Selling Your House By Yourself:

You control everything. You have to do all the work. You have to take care of advertising, to deal with potential buyers and their agents, you have to review contracts, to handle negotiations and to deal with title companies. If you aren’t familiar with the process, it can be a huge headache. Let’s not even start with all the emotion that comes with selling your house. You can’t allow yourself to get offended by low offers, and you also can’t overprice the house if it isn’t as valuable as you estimate it to be.

Pros of Working With an Agent:

A good agent will take care of the sale on your behalf. A GREAT agent will go above and beyond, helping you transition into a new home. An agent should have connections and be able to offer resources to get you settled. Take advantage of the services at their disposals such as photographers and professional stagers. This is why you are paying them such a high commission!

Cons of Working With An Agent:

If you sell with an agent, you will be responsible to pay 100% of the commission owed to them. This is typically about 6% of your final sale price. In addition, you will be paying about 2% of the final sale price, toward closing costs. You will also have to pay up front to get the house ready for listing. This includes a professional cleaning, making repairs and cleaning done on a constant basis. There are also no guarantees on when it will sell. You will not know how much you are getting or when you are closing until the very end!

There are many ways to sell your Greendale house. Before you do anything else, make sure you fully research the options available to you. Don’t settle for one option until you learn what other selling methods will mean for you!

Are you thinking about selling your Greendale house? We can help you make the best decision for your situation! Send us a message or give us a call today! (262) 288-0580

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