In certain areas of the United States, you may notice increasing trends on how you can now sell your home and avoid using a real estate agent. So now not only are you facing whether or not you need to sell your home but now you’re faced with the process of choosing how to sell your home. Especially if you have never sold a home before or you may have not sold for a number of years and you’ve recognized many changes in the way homes are being sold today. You may find yourself confused as to which process is going to fulfill your needs best. Is selling your home still as simple as reaching a local real estate agent and them take it from there? You may be asking yourself “should I sell quick for cash?” “how do I find the agent?” Or maybe, you’re asking “do I need to hire an agent at all?”
The answer to these questions is simple, it depends… It depends on everyone’s situation which we all know everyone’s situation is different in the home selling process and it will also depend on where you are located in the real estate market. Selling your home also depend on how quickly you need to sell, how motivated you are to selling your home, how much you want to sell your home for, and how much you want to walk away from the sale with after paying escrow fees, title fees, commissions, and many other factors.
You may have found that that fact of the matter is that more than 90 percent of all home sales are involving a real estate agent to some degree. In many cases, homeowners find that hiring a real estate agent may be the most beneficial way to sell their home, while many others in today’s world find that selling quick for cash may be the best option for them. You may just want to be a part of the way the real estate world is evolving in 2018. In all stages of home selling, it is important that you are understanding all of your options as well as the advantages of each factor and how it may affect the sale of your home.
The Advantages of Selling Your Home Quick For Cash:
We wouldn’t have thought anyone would ever even be questioning whether or not to sell their home quick for cash. It seems like a no-brainer doesn’t it? But the fact of the matter is that in today’s crazy world you just never know when you are running into a scenario that you find too good to be true.
Selling your home quick for cash is beneficial to the seller mainly because of the options it allows. The speed of the sale and ease of process are a couple of advantages. Once you have accepted a sell quick for cash offer, you can often get your money in as little as 10 days or even sooner. For the people that are facing a quick relocation, bankruptcy, or foreclosure on your home, this can be a lifesaver.
• A lower likelihood of the sale falling through. A sell quick for cash sale is pretty promising. This will alleviate the stress of a deal falling through at the last minute due to the buyer not qualifying for a loan or the home failing to appraise.
• There is typically no backing at the last second or getting cold-feet with a sell quick for cash buyer.
• Sell quick for cash deals typically close in less than a month, even as little as 10-days, compared to 45-60, and even 90-day escrows we traditionally see with conventional or FHA financing.
• Most sell quick for cash deals are done “as-is”. Depending on the situation, the buyer may request an inspection but often they will take on the repairs themselves.
Remember that saying “cash is king”? Well in real estate that saying couldn’t be truer. You will most likely be accepting a lesser amount for the home, but you will be avoiding costly repairs, countless days on the market, headaches, and many other complications that can occur accepting a contingent offer or an offer with financing.
Seek Professional Advice
As we can’t just tell you to skip the professional representation of a real estate agent and go the traditional route in the sale of your home you should still consider it and seek professional advice along the way. Just because you may be choosing to sell your home quick for cash, that does not mean that you are completely avoiding professional representation. In fact, that is completely untrue, many affiliates of sell quick for cash programs are well-trained professionals, and some may even be licensed real estate agents. Of course, all companies are not created equally. You should ensure that whichever company you are dealing with is a legitimate practice that has the backing of errors and omission insurance, title and escrow companies, attorneys, and other professional parties. If you are concerned with an offer from a sell quick for cash buyer, it may be in your best interest to hire an appraiser and get the value of your home from them and then make your decision.
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There are sell quick for cash professionals that we have who will help with paperwork and alleviate as much paperwork as possible for you. We don’t charge any fees or closing costs to do this. Our goal is to make the process as simplistic as possible. No real estate agents, and no hassles along the way.
When you find yourself in a situation where you do have a sell quick for cash offer, you should always request proof of funds from wherever the offer came from. Some cash offers can still have contingencies, appraisals, inspections et cetera which can defeat the purpose of a cash offer altogether. If you have received an offer and are confused by it we suggest calling us for review or consulting with a real estate agent or local attorney.
Keep in mind that many sell quick for cash homes that are offered on are intended to be fix and flips or rental properties. What this means to you is that you may be able to cut a deal with us and do a lease-back option where you become the tenant for a few months while you find a new place or move out.
Yes, cash is king in real estate if you are receiving it quickly. Overall you will probably get a bit less money out of the deal but you can avoid the costly repairs, and fees of all sorts, while on the other end you are enjoying the speed, convenience, worry and paperwork along the process. As long as you are not sacrificing tens of thousands of dollars to get the deal done, chances are selling quick for cash may just be the best option for you.
Now what we want to do for you is give you some valuable information about which option is the right fit for you. We want to answer the million-dollar question “whether or not to sell quick for cash or hire a real estate agent?” We understand that this is a major financial decision in your life. We want to help you make the decision that is right for you and your family.
What Are The Advantages Of Hiring A Real Estate Agent?
As there are with most other professions, there are realtors® that are fanatics about the real estate business and do an amazing job at home selling and buying. However, on the other side, that means there are very many not-so-great real estate agents in the business. Before you run off to your best friend or mommy’s real estate agent do some homework. Zillow, Trulia, and Yelp are all great resources to find agents with reviews on the agents that are in your neighborhood. Doing your research online will help save you a lot of time and frustration. This will help you separate the good from the inexperienced realtors® out there calling themselves professionals because they passed a test and the other agents that have a poor reputation in your neighborhood.
The advantages of hiring a realtor® to some can be abundant. If and only if you found the right one for you. Be aware that many of the advantages below are provided only by hiring a full-service agent wanting a full 6% commission typically. There are many real estate agents out there today that will take listings for less than 6% but the truth is that the real estate agents that will take those discounts can negatively affect the sale of your home depending on your situation.
P.S. We just wanted to throw this in here that much of which goes hand-in-hand with a sell quick for cash option.
They alleviate the stress of knowing all proper paperwork is completed. A highly trained & professional realtor® will know exactly what paperwork is needed at the right time. The realtor® will know the verbiage of the documents throughout the process and should be able to answer any questions you may have. Overall this will ensure the sale of your home is done properly and by the book. FYI most real estate agents will have to submit documents to a broker and title company for review prior to closing. Which overall limits your liability as a seller.
Saving your time and energy for your life.
If you choose to sell your home on your own, you will quickly realize that it will cost you your evenings and weekends. A lot of buyers may be wasting your time that is not qualified and just looking around. Hiring a realtor® that can coordinate showings between you and qualified buyers will save you a lot of time and energy.
You can avoid being home at the time of the showings with unrepresented strangers in your home. We see it happen too often when burglars will plan a heist at FSBO (For Sale By Owner) homes. They will come into your home, check out your stuff, figure out what you do, when you’re not home, then come back and break-in. What an agent can do for you is ensure that the people in your home are actually shopping for a home at the time and they are qualified for a loan. The agent has been background checked and is not a criminal and will be responsible for any losses that occurred during their presence in your home.
The repairs process. Most great agents will have a list of licensed professional contacts, including inspectors, landscapers, contractors, attorneys, and many others that they have a relationship with from previous transactions. The agent can coordinate the repairs that have been requested by a buyer during a transaction, and work with you to get your home in sellable shape.
Hiring an expert agent in your neighborhood will put you in an amazing situation.No one will know the neighborhood better than the agent that does the most business in your local area. They will know how your area’s market is trending, price points, and the best ways to market your home.
Not being taken advantage of in the negotiation process. We think it is safe to say that not everyone is a professional salesperson. Negotiating can be stressful at times during a real estate transaction. An amazing Realtor® will be able to get you the best possible deal on your home. Hense how they got you to sign a 6% commission agreement. This is the time when you begin to see the value behind that full commission. An agent that will negotiate on your behalf may be able to increase the overall amount that you will net from the sale of your home.
Now, the tricky part is finding the right Realtor® that can provide you with the above advantages.
Below Are Some Questions That Will Make The Process Of Finding A Professional Realtor® A Bit Easier:
How many homes have you sold in my neighborhood for more than list price? How many for less?
Essentially what you are asking them is how accurately they are listing their client’s homes. A great agent wouldn’t take an overpriced listing because it can adversely affect their reputation by increasing their days on market, and it shows the public that they don’t know the market and they are overpricing their listings.
How will you be marketing our/my property?
A good real estate agent will know how to use social media and the internet to best market your home since 90% of buyers today are shopping online for homes. However, some areas and neighborhoods can be different. Some homes are selling best by being present in articles, newsprint, and billboards.
Do you have any reviews of your services online or elsewhere?
How many homes are you currently listing, and how many buyers are you currently taking out shopping regularly?
The reason you are asking this question is that you are trying to see how responsive they are going to be to you. As we all know you’re hiring one person and they can not be in 20 places at a time.
What is your cancellation policy?
What you are looking for here is a free cancel anytime policy. The agents that are offering that are the people in the business that know they can fulfill your needs.
Now that we have gone over two of the options that you are faced with during the sale of your home. We wanted to wrap it all up hoping that we sent you away with some questions. If you have any please feel free to give us a call at 480-630-6355, or comment below.