Pros and Cons of Hiring an Agent to Sell Your House in Parkville

What To Do If Your Buyer Falls Through

While circumstances and specifics about properties vary, a traditional real estate listing isn’t a one size fits all sales method. There are a lot of different pros and cons of hiring an agent to sell your house in Parkville or selling directly to a professional home buyer. Both have their place.

Showings

Pro

Hiring an agent to sell your house in Parkville should mean plenty of foot traffic touring your home during showings, both in person and through virtual tours online. You can rest easy with your real estate agent in your corner, representing your home professionally during walk-throughs while you carry on with your life. The more activity you have both online and in-person, the better your chances of selling your home to a qualified buyer.  And right now with the hot market, your home could get a contract very quickly.

Con

Often, showings are the main obstacle to hiring an agent to sell your house in Parkville. For many, just the thought of strangers walking through their home, either in person or virtually, is disquieting. Rather than go through the stress of being always ready for a showing and feeling overexposed, you could sell your home directly to a cash investor. Doing so resolves the issue of showings because other than the investor and their team, one else will now view the property while you still reside in the home.

Property Condition

Pro

If your home is new or in excellent condition and everything is updated, hiring an agent to sell your house in Parkville is a perfect fit. Properties that are in move-in condition are desirable to many buyers. By working with an agent with a network of real estate industry connections, homes often sell, at least right now in April 2021, within hours of hitting the market.

Con

If your home is in less than perfect condition or needs significant updates or repairs, hiring an agent to sell your house in Parkville may not be the best choice. Selling directly to an investor means that there is no need to worry about the inspections the buyers make and their requests for repairs. Or if your buyer is one of the many that use FHA financing, being forced to make all the repairs. You don’t even need to clean, just pack what you want and leave the rest to the investor. And while many buyers are making offers saying they will buy the house “as-is”, they still want to make inspections. Then after you have been under contract and they do those inspections, they suddenly want you to make the repairs or reduce the price.

Holding Time

Pro

A traditional listing with a real estate agent is better suited as the sales method when time is not a concern, both the time to get the home ready and the time to sell. While agents can only provide an average amount of time that listings similar to yours have taken to sell, working with a real estate agent improves your odds significantly of a quick sale. Buyers tend to shy away, thinking that there may be an unseen problem that others found and are avoiding.  Hiring an agent to sell your house in Parkville may be the best choice because the longer a home sits on the market, the less likely it is to sell. You’ll also save time because top agents only work with prequalified buyers.

Con

When time is of the essence, hiring an agent to sell your house in Parkville may not be the right option. Selling directly to an investor offers the benefit of speedy closings, some in as little as seven days. Professional investors call upon their team of experienced professionals to swiftly process every aspect of your transaction. Having this team at hand means everything happens swiftly. You save time by selling directly to a cash investor, with the ability to skip all the traditional red tape and time-consuming steps that accompany buyers’ qualifications for the loan. 

Plus with a professional home buyer, like kcmoHomeBuyer who is using cash, you as a seller can know that it will be closing on the day we all agree upon. You don’t have to worry about the loan falling through and killing the sale at the last minute. This is especially important if you are buying your next home and need the cash from this sale to buy it.

Costs

Pro

Top agents include all the latest technology innovations in their marketing plans, including professional photography and virtual tours. These agents will sell your house in Parkville, listing on the MLS as well as the most highly trafficked sites online. Knowing that you have a professional agent representing you during all phases of the process, meeting every deadline, and handling everything, including all of the complicated paperwork, is well worth the expense.

Con

When hiring an agent to sell your house in Parkville, you may pay commissions and other transaction or administrative fees to the real estate company. You may also have extra costs related to marketing. There is no marketing to pay for out of pocket by selling directly to an investor. No commissions or administrative fees will come off the top. A direct investor will make an offer that you agree is fair.

kcmoHomeBuyer can do it all! We realize that a cash sale is the best option for some of our sellers who don’t want to deal with cleaning and repairs and who want to know their home is closing on a particular date. But some of our sellers would be better served by listing their homes as they have the time to wait and their home does not need a lot of repairs and upgrades. We have combined all of the benefits of a real estate agent with those of a cash investor. At kcmoHomeBuyer, we can make you a fair cash offer closing on the day of your choosing. At the same time, if a listing is a better option, we can get your home listed and marketed and SOLD for you through our brokerage Realty Resource.

When you are ready to sell your house in Parkville reach out to us to explore your options. Send us a message or call (816) 408-3600 today!

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