Thursday, April 27, 2017

How much money do you lose selling with a realtor?

When you own a home, you typically list your home you're selling with a realtor because they know the lay of the land and what houses buy and sell for in your area. Realtors, however, don't do this service for absolutely nothing. They charge a fee to sell your home of typically 3%. Sometimes, their fee is more to sell your house, but 3% is typically the fee. So if you want to save that fee, where can you sell my house fast to save that fee?
When you sell a home, you're typically known to pay your side of the closing costs plus the buyers closing costs, which can add up to about 5-6% in total. Plus you're going to tack on the realtor fee, so you're looking at 8-9% off the top by selling your house the traditional way. If you sell your house for $100,000, you'll lose 8,000-9,000 in just closing costs and realtors fees that goes, poof. Yes, there is a much better solution to sell your home fast without paying these fees.
Real estate agents are going to try to possibly bundle your house with other houses, too, which slows the process of selling your home. They might try to find these investors, but why not find these investors yourself? Doesn't that make so much sense to just cut out that middle man? So why not just go on the internet and search it for yourself? If you have questions of how to find local cash investors, please contact me! I'll connect you with the best one around!
As a seller of a home, you have an opportunity to use a real estate investor instead of typical realtor and retail buyer. Using a real estate investing company like Favor Home Solutions is great choice for you. They offer all cash and a fair offer. Most companies like Favor Home Solutions buys houses as-is, which means you don't have to even fix anything or sweep the floors! I would recommend checking them out  for sure because they could save you so much money that would otherwise be lost to stupid fees!

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