There are multiple ways to sell a house in Madison WI. While many people immediately seek the help of an agent, there are other, ways to sell your house. For example, you could choose to carry the note yourself or sell the property directly, without the help of an agent. You might be surprised just how many people choose to sell directly to a cash house buyer.
As we said above, there are many ways to sell. For some properties, a listing makes the most sense, whereas, for other, a direct sale is the smarter choice. Which will it be for you! Don’t sign any agreements or agree to a sale until you learn about what a direct sale can mean for your situation! The main advantage of selling directly to a house buyer or investor is that they are much more flexible than most retail buyers can be. Keep reading to find out how.
The Commission Factor
When you choose a direct sale to a company such as Wisconsin House Buyers, LLC, you won’t have to worry about paying out 6% of the sale price in commissions. This is thousands of dollars you will immediately save by choosing a direct sale. In addition, there aren’t any agent fees, marketing costs, listing fees or photographers to pay. When you work with a direct house buyer in Madison, the property is typically sold as-is, so you can keep the money for advertising in your pocket.
When you work with a house buying company like us to sell your house directly, the closing date will be up to you. We are able to purchase properties almost immediately, so you won’t have to spend time waiting around for a buyer to come along. On the flip side, we will not rush you into a closing. We know that selling and moving can be a stressful time, hence why we aim to keep the process as simple as possible. If you should choose to accept an offer from a cash house buyer, you will then decide on the date that best works for you. You won’t have to worry about the sale falling through as with a traditional sale using bank financing. A direct buyer will have the funds available to pay you immediately!
No Clean-Up Or Repairs
Listing your house in Dane County will require you to make repairs to the home to get it ready for the MLS. Even small damages can severely lower your potential buyer’s perceived value of the home. Making repairs and touch-ups to the house can add up quickly as far as finances are concerned. You will also have to factor in the cost to clean up, keep it clean, store personal items and clutter as well as purchase items if you need to do some staging. While these costs can be worth it in the long run, they should be well considered before listing your home.
A Fast Sale Will Save You Money
Point blank, the longer you own the house, the more it is costing you. Investors know this, that is why the goal is always to flip a house quickly! By selling your property to a direct buyer right away, you are potentially saving yourself months of wasted time and money. You are likely paying more for your house than you even realize. There are monthly utilities to consider, homeowners insurance, property taxes that you are responsible for up until the day of closing as well as routine maintenance costs. If you are paying for things such as pool service, pest control or landscaping, those costs will immediately be over and done with. We're not saying that you ultimately net the same amount as you would on the retail market. It's possible, but most of the time there is a small discount needed. Think of it as paying for the service of not having to deal with all the usual hassles.
A Direct Sale Offers Guarantees, While A Listing Does Not
There is a lot of uncertainty when it comes to buying and selling properties. Deals fall through every day. Banks often take longer than expected to fund a loan. When you list, you are in essence living in limbo until the closing papers have been signed. An agent can list your house for any price you want, even if it has been inflated in order to get you to sign a listing agreement. There is NO guarantee that you will get the price you ask for when you list your house in Madison! With a direct sale, you will know both the exact date and amount you will walk away with. This will allow you to plan ahead without having to deal with the unknown!
This solution is not for everybody. Contact us if you would like to learn more. Each situation is unique and we help you evaluate if we're a potential solution for you.
Subscribe to CommentsComment