Do you want to sell your house without paying commissions, closing costs and other fees? In this post, we will share with you a few ways to save money and sell your house without paying any of these fees.
If you have listed a house in Florida in the past, you know that it can take time to sell and be an expensive process. Depending on your property condition, as a seller you will be faced with a lot of different costs when listing your home on the Florida MLS. Listing your property will require you to repair the property, clean it, paint it, and maybe even stage the home. Then you have to make the home available for showings with open houses. The majority of the buyers parading through your home at these open houses are “lookers”. It’s estimated that the average buyer looks at 15+ houses before making a decision to buy. That means your house is constantly being compared to every other house on the market. Your listing can literally sit unsold for month. And then your agent will usually tell you to lower the price to attract more buyers. When you do find a buyer (which can take 3 months or more) you have to wait to see if your buyer will qualify for a mortgage. This process can take an additional. 45 to 60 days. If they are not approved then you have to start the process all over. In short, it is a very time consuming and expensive process for you as the seller.
Sell Your House As-Is For Cash
Whether you choose to work with a direct cash buyer like us in order to avoid costs, the property will be sold as-is. This means selling the house quickly to an investor or to a private buyer as-is without having to do any repairs or cleanup. While you can choose to list your house, houses that need work, or are outdated don’t always show so well in online pictures compared to the remodeled homes. Your house can end up sitting on the market for months before a buyer makes an offer. Most people looking for houses on the MLS are looking for a property that is in move in condition. They do not want to have to spend any time or money fixing it up. If you are able to sell your house as-is, you will potentially be able to save yourself thousands of dollars! According to BankRate, you can expect to spend about 10% of the price of the house when you list it on the MLS with an agent. Typically the commission is 6% and the closing costs are 3% to 4%. This really adds up. If you list your house for $400,000 and you get an offer of $390,000 which you accept, you will only net $351,000 after paying the commissions and closing costs! Many times, a cash buyer can offer you a little less than this number without you having to deal with listings, open houses, repairing the house, fixing things, painting and cleaning.
Finding The Right Cash Buyer
Not all buyers are up for making repairs. If your house needs some work, you will need to find people up for the task. Houses that aren’t visually appealing don’t do as well on the MLS. Pictures are the first thing people see, so a run-down house isn’t going to look as appealing as the turnkey property next door. If you are selling your house as-is, without making repairs or upgrades, you’ll need to find a buyer who is ready to take on the challenge. Local Florida investors can help you by purchasing your property outright without any hassles or hang-ups. Just keep in mind that not all investors are the same. Some won’t be able to follow through on their offers and some won’t make realistic offers at all. That’s not the case with The Fast Home Buyers! When you sell your house to us directly, you will be able to avoid commissions, repair costs, and many other expenses Florida homeowners face when selling their properties. Plus, you will never have to worry about the sale falling through at the last minute.
Where You Can Save
There are numerous costs sellers face when putting their house on the MLS. Most houses require repairs and possibly upgrades to stay competitive with others on the market. Some homeowners opt to decorate or stage their home to make it more appealing for photos and showings. There are the continued costs while the house sits on the market for things like utilities, maintenance, and taxes. Then, to top it all off, when the house does eventually sell, the homeowner will have to pay agent fees and commissions, which will likely total thousands of dollars. Also, when you are dealing with private buyers, you should be prepared for negotiations after the inspections and appraisals have been completed. And if your buyer is using financing, the house needs to appraise high enough in order for the loan to be approved. All of these costs can add up to a fortune. Many home sellers walk away with much less then they had intended when listing a house in Florida. With a fast and direct sale to The Fast Home Buyers, all of the aforementioned costs can be avoided, helping you to sell your house without any cost.
Closing Quickly
If you are able to find a buyer who can close quickly on the house, you will potentially be able to save thousands. The costs of owning a house add up fast. Ask any flipper and they will tell you that the longer you hold a property, the more it is ultimately costing you. If you list your house, it could take months before all is said and done. But with a fast and direct sale, without agents or lenders, you will immediately be free of the property’s financial requirements. There will be no more tax obligation, homeowners insurance premiums, utility bills, or maintenance costs.
By working with us, you won’t have to pay for repairs, cleaning, marketing, or any more holding costs. You will receive a fast closing, providing you with your cash right away. You’ll be able to immediately end all holding costs and troubles you are facing that have arisen from your unwanted Florida house.