When most people consider selling their homes, the first thing that comes to mind is typically calling a real estate agent. Next, thoughts usually turn to how much the listing process with an agent costs, and then they consider all of the work that lies ahead on the road to selling.
We are real estate agents ourselves and currently facing selling two houses within our family in the coming months. We are weighing our options of listing it and going through the whole real estate agent sale that comes with all the work of getting it ready vs selling it off-market or for sale by owner which would not require we “get it ready.” While both houses are in great condition, they are a mess with boxes and stuff and do need some minor repairs. What we are seeing is that the higher value we think we would get when listing it is more than offset by all the work needed to get it ready and the cost of paying the Realtors involved.
We thought our readers might be facing some similar issues. So today, we explore four things you may not know about selling your home with a Kansas City real estate agent.
You may not know that the commissions can be expensive when you are selling your house with a Kansas City real estate agent. With an average home price of $375,000, six percent in commissions comes to a total of $22,500. When you add this to the other expenses involved with listing, including the prep work, marketing, and professional photography, along with potential broker fees, it can take a big chunk of your profits from the sale. On the other hand, you can avoid paying commissions with a direct sale to a professional investor like those at kcmoHomeBuyer. There are no hidden fees to worry about coming off the top at closing; at kcmoHomeBuyer, our offer, which you will agree is fair, is the amount you will receive at closing in cash.
Because we are agents, we only have to look at paying half a commission as we are not going to pay ourselves. But we still need to spend money on all the little repairs and we do a pretty good job of creating our own marketing materials and photos. But all the costs we have are a HUGE chunk of changes.
The amount of time that could potentially pass while your home is on the market is another thing you may not know about selling your house with a Kansas City real estate agent. Regrettably, this information is not something the agent can provide you with, nor can they promise your home will sell. However, an agent can give you a general estimate of the number of days homes are sitting on the market before selling. If this leaves you feeling less than comfortable, making a direct sale means you will have a guaranteed closing date. Professional investors like those at kcmoHomeBuyer are more than happy to work with you, setting the closing date at your convenience for your moving plans.
This is what we are really looking at. The time it takes to go through ALL THE STUFF, we’ve had 3-4 people working several days a week at one house and all we have done is made a mess, its going to take several more weekends and a couple of garage sales and then a big, giant donation. Then we can get busy and CLEAN the house, all that time spent, our time, on top of our day jobs and we really don’t have time.
And the longer the house sits vacant, well then a new cost appears – insurance. The homeowners insurance only covers it for 30 days after moving out and then we need to switch to a much more expensive vacant policy, not bad if it’s only 30 days, but if it’s longer, it will add up.
That’s on one house. But the other one is lived it, it is also the office where people live and work. So if we list it, then we need to keep the house clean and the office clean and we probably need to leave during daylight hours so people can walk through the house. Not very workable.
Not the Only Solution
Something else you may not know about selling your house with a Kansas City real estate agent is that other options can help you sell your home. For example, maybe the thought of vacating the premises repeatedly for showings during your dinner is not for you. Or, perhaps you have a mountain of repairs that need completion before listing, and you would rather not endure living in a construction zone or paying to repair and update a home you are leaving behind. Another solution to sell your home is through a direct sale for your house as-is. When you work with a direct buyer like those at kcmoHomeBuyer, you will receive all of the details on how much you could sell for on the traditional MLS with an agent vs. how we reached the offer for your home as-is which you will agree is fair.
Why not benefit from working with a direct buyer to sell your home and avoid the costs, time, and hassles involved in selling your house with a Kansas City real estate agent. Find out today all of the ways you can benefit by selling your home directly with a no-obligation consultation with a direct buyer from kcmoHomeBuyer. At kcmoHomeBuyer, we go the extra mile so that you can make an educated decision about which method of home sales works best for you; we live and work here in Kansas City and want you to feel good about the deal long after closing. At kcmoHomeBuyer, we work hard to make the process of selling directly easy and convenient while saving you time and money. Contact kcmoHomeBuyer today at (816) 408-3600 to learn more.
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We didn’t have to finish cleaning out the house, we didn’t have to make any repairs, and no more going to mow the yard.
We got a letter from Kim about Dad’s house a few months ago after one of our garage sales. Her son Scott called us back, asked a few questions, looked at our house, and made an offer. My brothers had been trying to fix it up to sell for almost a year . . . that was not going well. We took Scott’s offer, he made the process very easy and convenient, we could even sign things via email. We didn’t have to finish cleaning out the house, we didn’t have to make any repairs, and no more going to mow the yard.
I highly recommend giving Kim or Scott a call, you will be glad you did.