The decision to sell your house is a big one. Now that you are ready to sell, you must consider the method you select to sell your house. While most homeowners first thought is to call a licensed real estate agent, why not consider the alternative selling to a professional investor, like us at House Beagle.
Real estate all comes down to the numbers, so it is helpful to understand the differences in the costs between selling your Brevard County home with a real estate agent versus to an investor.
Agent –
Marketing expenses for selling your Brevard County home with an agent are part of the listing contract you would sign. They outline all of the steps that the real estate agent will take towards selling the house, which can vary significantly by property.
Listing costs will include anything you need to do to prepare to sell your Brevard County home with an agent. Those listing costs could consist of simple cleaning so that it is in ready condition for showings, to significant updates to the home’s interior, painting, appliances, or more. Often, a real estate agent will recommend sellers invest in renovations modernizing the features of a home to meet the demands of technology. Other amenities they may suggest space for study area for school- aged children or two offices.
Repairing any issues with the home will come out of pocket before closing. If the inspection revealed any problems with your house that you were previously unaware of, you would also have to pay to complete these repairs. Otherwise, the buyer’s lender will not approve the loan in many cases. Or, you can expect the buyers to respond with their estimated costs for these repairs deducted from the offer. Avoiding this situation can be achieved by hiring an inspector.
Staging costs cover the cost to depersonalize the space, which improves selling your Brevard County house with a real estate agent. Buyers who tour the house can easily imagine themselves living in a home free of personal items or showing a distinct personal taste in decoration. You may also encounter storage costs to clear your home of excess belongings.
Advertising expenses should be discussed and agreed upon before signing the listing contract when selling your Brevard County home with an agent. These costs include professional photography for the high-quality images buyers have come to expect as they search home listings online and professional drone pilots to provide 360-degree virtual tours.
Commissions cover the cost of professional services provided, including marketing, paperwork, arranging for inspections, appraisals, and doing all of the footwork to bring a buyer to the door and finally the closing table when selling your Brevard County home with a real estate agent. You can expect to pay a total of around 6 percent of the sales price in commission.
Holding costs for the duration you have listed your Brevard County home with a real estate agent can quickly add up, especially if you have had to relocate. Suppose your reasons for selling your home are financial. In that case, the longer that the listing sits on the market, the more monthly payments for the mortgage, insurance, and taxes, and all of the utilities you will continue to carry. The strain of this situation can cause extreme stress and sleepless nights for your entire family.
Investor –
By using an investor there are none of these expenses! And because investors pay cash and buy your house as-is in most cases, you can close fast, sometimes in a matter of days or week!
With little closing time to worry about, it is easy to see how selling your Brevard County house to an investor like the professionals at House Beagle saves you time and money! Are you ready to sell your Brevard County house? Call House Beagle at (321) 549-8686 or send us a message today!