Many people wonder what is the difference between hiring a real estate agent in Raleigh and selling to a professional home buyer. The fact is these differences can equal thousands of dollars. In the past, most sellers have chosen the traditional path, but over the last decade, more and more homeowners in Raleigh are choosing to sell directly to local buyers–why?
If your house was build in the last decade and is in perfect or near-perfect condition, a traditional listing with a real estate agent may be the way to go. A local and reputable buyer like Wake County Home Buyers will take the time to listen to you and advise you if it would be in your best interest to sell directly for cash or to go the traditional route. The expertise to advise comes from the companies experience as a buyer of properties in Raleigh. We are always happy to provide referrals of trusted real estate agents when asked.
The “As-Is” Sale
If your house needs repairs, whether they may be major structural issues or cosmetic, a direct sale will pay more. This is because a direct sale will not involve any fees or commissions. Note that not all-cash buyers will buy a property “as-is.” You’ll need to ask them about repairs when you contact them. Wake County Home Buyers always buys houses “as-is” and allows their sellers to leave behind any furniture they don’t want. Walking away from repairs on the property is a substantial time and money-saving difference for you between hiring a real estate agent in Raleigh and selling your house to a professional buyer like Wake County Home Buyers.
Quick Close (Money Saved Is Money Earned)
For those selling due to economic or personal hardship, skipping all of the listing processes rather than risk having a home stagnating on the market could mean all the difference between solving your problems almost immediately and financial ruin. If you have had to relocate before your home has sold, you may not be able to carry both properties for very long without sinking under the financial burden. These sellers save time and money by avoiding all of the red tape involved with a buyer that needs to qualify for a mortgage, which is a significant difference between hiring a real estate agent in Raleigh and selling your house to a professional buyer. An investor can close faster, and unlike a real estate agent, they can guarantee your closing date. Because of the freedom of working with a professional buyer like Wake County Home Buyers, you could walk away with cash in hand in as little as 30 days and, in some cases, even less time.
The average commission on a real estate sale is around 6 percent or $15,000 from a sales price of $250,000. This will not include any concessions that have to be made after the home inspector submits the report. This is often referred to as a Due Diligence Request or “DDR.” This is when the buyer submits a laundry list of items to be fixed or a sum of money that is to be conceded to compensate them for repairs. We see DDRs on newer homes as well as older ones.
The profit you may have anticipated will be nowhere in sight as you continue to pay for all of the expenses of listing the home upfront out of your pocket, including any costs of the demands your agent may make for the prep and marketing of your home. When you meet with a professional buyer like Wake County Home Buyers, they will explain every step of how they reach their figure and come to an agreement with you on a price that you fully agree is a fair offer. And, the offer you receive is what you get at closing. There are no commissions or other hidden fees that come off of the top, leaving you with less of your hard-earned investment dollars after closing.
Showings = Intrusions & Hassle
For many sellers, showings are why they avoid listing their homes. Many owners cringe at the thought of allowing strangers to walk through their homes only to critique them. Still, others cannot handle any further pressure within their home, and keeping everything in showing condition at all times and working around everyone’s schedule can be stressful in the best of times. Skipping the headaches of showings is one of the most appreciated differences between hiring a real estate agent in Raleigh and selling your house to a cash home buyer like Wake County Home Buyers.
Ready to learn more about the beneficial differences between hiring a real estate agent in Raleigh and selling your house to a cash home buyer like Wake County Home Buyers? We are happy to answer any questions you may have about what would work best for your home. Call Wake County Home Buyers at (919) 473-6885 today! Send us a message or call Wake County Home Buyers at (919) 473-6885 today!