Considering selling? You may be wondering about which is the better option, a direct sale vs. hiring an agent when selling your house in Lees Summit. Life events can change your housing situation, at times despite your wishes. The time required until closing with each option is just as much of a consideration as the effect each has on your finances.
You’ll need to ask yourself if you are willing to make yourself and anyone else in your household invisible, while keeping your home spotless at all times? Despite how much you may wish to sell your house in Lees Summit, nobody enjoys the hassle of jumping into action and preparing for a showing after a long day at work. Likewise, if your buyer falls in love with your furnishings, they may consider one or several of your beloved possessions as deal-breakers. Along with the agent selling your house, you will need to deal with buyers agents, who will be the ones showing the home. It’s highly likely they’ll call to schedule the appointment during your very important family time.
Take for example one seller (our sister) who has a rather large family who had the entire house set for Thanksgiving dinner, turkey in the oven and 30 people set to arrive shortly. Buyer that was in town that day only wanted to see it, so they put away the food and cleared out for an hour. Total pain in . . . that buyer bought the house by the way.
If you’d like to avoid this inconvenience altogether, you may be happier with a direct sale, you won’t need to remain constantly on top of your home’s appearance or worry about staging. You also won’t have to worry about storing anything you don’t want a buyer to catch sight of and decide they’d like “tossed into the deal.”
Investing More Before Selling
Updates to make your home more attractive on the outside and inside add to the expenses of selling your house in Lees Summit with a real estate agent. You’ll need to be on top of any necessary repairs. If you don’t pass the inspection which is usually ordered, you could be required to spend even more on repairs in order for the property to qualify for the mortgage loan. Don’t forget, you need to concern yourself with exterior curb appeal and may be advised to cover the additional expenses of staging your interior. You may even be required to cover the costs for professional photography and advertising the property.
When working with a professional buyer, none of the concerns or costs associated with curb appeal or updates will be an issue. Major or minor repairs can be forgotten and worrying in general about your home’s appearance will fly out the window when you sell your house in Lees Summit through a direct sale.
Real estate agents charge commissions as well as other charges. Buyers nearly always order inspections and when the inspector points out problems the buyer comes to you to make repairs. And just this morning we saw an ugly fee that an agent was charging. On top of the hefty commission, they needed an extra #550 administrative fee to pay their office staff. Talk about adding insult to injury.
Making a direct sale commonly means that there are no commissions or administrative fees. Plus no inspections, repairs, or even the initial investments involved in updates and making the overall appearance of the property appealing.
Due to the nature of traditional listings, there is no ETA on the closing when selling your house in Lees Summit through a real estate agent. Additionally, depending on the buyer’s circumstances, there may be delays in the actual closing date.
An upside of selecting a direct sale for your property is that you’ll sell your house in Lees Summit within a short timeframe and there won’t be any delays in closing due to failed inspections or financing issues.
We’re here to assist you with any questions or concerns you may have about the choice ahead. Call kcmoHomeBuyer today or send us a message to learn more about a direct sale vs. hiring an agent when selling your house in Lees Summit. (816) 800-9044