It’s an exciting time when you’re trying to sell your home. However, it’s also an expensive process and can be stressful too. The first thing you’ll need to do is decide whether or not you’re going to hire a real estate agent or you’re going to try to sell your home. While trying to sell your own house may seem like a good idea, so you’re not paying commissions and fees, it’s still a complicated process.
In this article, we’ll go over what it’s like trying to set up a for sale by owner listing to sell your house. We’ll also go over why a direct sale to a home buyer may be a better option.
The Difficulties of Selling Your House Yourself
Do you have the knowledge of Real Estate?
One of the biggest challenges of a for-sale-by-owner listing is the lack of expertise and knowledge that comes with hiring a real estate agent. Selling your home requires a lot of paperwork, marketing, and negotiations, and without the guidance of a professional, you may end up making costly mistakes.
Can you handle all of the responsibilities?
If you’re selling your own home, that means that you’re going to handle every single aspect of the sale. That means setting up showings, negotiating offers, figuring out the closing process, getting the paperwork together, making sure everything is signed, and then some. That’s all without even finding someone to buy your home. You can’t afford to make any mistakes here, or your home won’t sell.
Can you find the right buyers?
If you’re trying to sell your home on your own, another challenge you’ll encounter is finding someone to buy your house. Finding buyers in the right price range who want to buy your property can be very difficult. You may end up not having what they want or need, or they may not be willing to pay the price that you want for your home. And that’s if there are even any buyers in that price range and location to begin with.
The Costs You’ll Deal With
You won’t actually be saving money sometimes by listing your own home. The amount you’ll be spending on a variety of different things may actually lose you money in the long run. Take a look at some of the things that you’ll have to afford to sell your home. Making your home for sale by owner isn’t cheap.
Paying For Marketing
Anything and everything that you do to get your house on the market is going to cost money. Putting information in newspapers, flyers, online listings, or having people do showings, are all going to cost you money. You might even have to pay a professional photographer to stage your home for good pictures.
Covering Legal Fees
There are a lot of legal requirements when it comes to selling property. Taxes, fees and other expenses all come from the government when you sell a house. If you don’t know how to take care of these, you might have to end up hiring an attorney to help you navigate that.
Your Valuable Time
Handling all that goes into selling a home will eat into your time immensely. If you don’t have experience on how to streamline selling a home, you’re gonna be stuck with it. Spending that much time on selling your home is going to make it so that you can’t focus on other avenues of your life.
Picking A Direct Sale Instead
If this doesn’t sound like something that you want to deal with, there’s an easy and cost effective and fast way to sell your home for cash. A direct sale is where you sell your house for cash to a professional home buyer. Selling your home to a real estate investor is a fast and easy way to get cash for your house and avoid all the hassle.
Here are a few benefits of a direct sale:
- The process is quick and easy. A direct sale can be finished in just a week, which is fantastic compared to how long you can sell out home through sail by owner listing. It could take months or even over a year to sell a house.
- You don’t have to pay for repairs or renovations. With a direct sale, you don’t have to pay for repairing your house. Your house will be purchased as is with no need for repairs.
- There’s no marketing whatsoever. Since you’re selling directly to the home buyer, you don’t have to put your home up for sale in anything. No ads, no newspapers, no websites. You don’t have to worry about it at all.
- There’s no commissions in fees with a direct buyer. Unlike a for sale by owner house, if you sell directly to a home buyer, you don’t pay extra commission fees on top of everything.
Making a for sale by owner listing might seem like something you want to do. You’ll likely not end up saving money on it. Because it’s such a complicated and expensive process you’ll usually end up losing money going that route. If you want to avoid these challenges and just sell your home directly to someone for cash, you can get in contact with us. At Christian Buys Houses, we buy your house for cash in as little as a week. If you want to sell your house without any of the hassle, give us a call at (770) 695-7368 or putting your information on this page.