Are you ready to sell your house in Union County, Charlotte or surrounding counties? It is important that you understand your options when you sell your house in Union County. There is more than just one way to sell your home. In this post, we will talk about the two most popular ways. I hope this will help you to decide what is best for you.
Hiring A Real Estate Agent
The Money
If you sell your house in Union County, Charlotte, or surrounding counties, you probably know that you will have to pay your agent a commission of about 5-6%. This commission is due if the agent is able to successfully sell your house in Union County, Charlotte, or surrounding areas. However, there are also a number of other costs that will come into play when listing your house for sale.
- Marketing – Many home sellers want or need to utilize marketing that goes beyond the scope of their agent. This can be professional photography, virtual tours, or premium listings.
- Repairs – Even if your house is in great shape, there will likely be something that will need fixing. Whether it is a new coat of paint, replacing a leaky faucet, or patching a hole in the wall, these repairs will add up fast. No to mention that the buyer usually requires an inspection as part of the due diligence. The inspector will find some flaws with your house (that is what he gets paid for…) and the buyers will require you to fix at least part of the list of the inspector’s findings.
- Staging – When you list your home, it must look its very best. You will have to hide away any clutter, keep your house pristine, and even re-decorate part of it. Whether or not you hire a professional stager, making the house pretty can cost money.
- Holding Costs – The holding costs include things like your property taxes, homeowners insurance, utility bills, and maintenance. These costs don’t stop when you list your house. Keeping your house in tip-top shape can drive your holding costs up even higher.
- Closing Costs – As a home seller, you will usually pay the attorney fees, the documents preparation fees, and the state/county stamps (in addition to the real estate agent fees, property taxes, etc.)
- Cleaning – Before you list and while to is on the market, the house will need to be kept clean. Many people opt to have it cleaned professionally before it is listed, maintaining the home while it is listed. You should also consider professional carpet cleaning, power washing, and yard clean-up and hauling expenses.
That said, working with an agent has the potential to get the highest price possible. When deciding to go with a real estate agent, make sure that you have deducted all the costs that we just mentioned.
The Time
When you hire an agent to help you sell your house in Union County, Charlotte, or surrounding counties, that agent should shoulder a good portion of the effort that goes into selling. That said, the process will require some of your time and effort as well. For example, you will likely have to spend time…
- Keeping the property clean and ready for those last-minute showings
- Making repairs and upgrades to the property before it hits the MLS
- Marketing the property on sites other than the MLS
- Vacating the property when someone requests to come see it
- Waiting for an offer, hoping you will get your asking price
- Reviewing offers from potential buyers
- Negotiating with potential buyers
- Waiting for the due diligence process to be completed
- Dealing with inspectors and appraisers
The worst part is that you could go through all of the above, only to have the sale fall through at the last minute. If you’ve spent any time shopping for homes in the past, you’ll often see properties go pending, only to be relisted when the funding falls through.
The Unknown
One of the most difficult parts of selling your house with an agent in Union County, Charlotte, or surrounding counties is the unknown. You won’t know if you will get your asking price, when, or if your improvements will provide returns. Not only is this stressful, but it also makes it difficult for you to plan ahead.
Selling To An Investor
The Money
It’s no secret that when you sell your house to an investor in Union County, Charlotte, or surrounding counties, the sale price will not usually be as high as retail. That said, the amount you can save will more than make up for it. Most direct buyers, including We Buy Houses in Union County, buy houses as-is, which means there are no repair costs, no cleanup cost, and no commission to worry about. We pay all the closing costs.
The Time
In most cases, we are able to close in just a few days, potentially saving you a fortune in holding costs. You won’t have to do a thing other than pack up the items you wish to keep. We will handle everything else, including any items you wish to leave behind. Working with We Buy Houses in Union County will help you sell your house in less time, offering you convenience and a fair price.
When you consider the time and the money involved with working with a Union County, Charlotte, or surrounding counties real estate agent vs. selling to a local investor, your idea of how to most efficiently sell your house may change.