List My House or Quick Cash Sale
For many House Sellers the question of
Should I List My House or Sell to an Investor
Is a Tough Question to Answer. Let us Help!
Let’s start off by discussing the different ways you can sell your house. You can List Your House with an agent like the Gary Parker Team, you can sell your house directly to an investor or your can FSBO (for sale by owner) your house.
One of the first things to keep in mind is that there are trade offs to which way you decide to sell your house. One needs to weigh how fast they want their house sold with how much they want to receive for their house. Most of the time, listing your house will get you the most money for your house. However, there are many good reasons for some people that price is not the most important factor when selling their house. Talking to someone that understands both sides can be a tremendous help in the decision making process. Please call the number at the top of the page when you are ready to ask us all the questions you want with zero obligation.
List My House
As mentioned above, listing your house for sale on the Multiple Listing Service with an agent will typically net you the most money for your property. But, there are hoops to jump through like are there repairs to be done, how many people will be walking through my house, how long it will take to close, when do I have to move and more.
One of the biggest concerns for sellers are the possible repairs that need to be done to the house. Sometimes a house is just dated but has very good bones. Houses can typically be sold if they are dated with no problems if priced correctly as long as there are not major issues like peeling paint, holes in the carpet, pipes that leak, broken windows or a leaky roof. Buyers from listing your house will usually want the major items we just mentioned repaired.
When you list a house the listing agent will probably visit your house 2 or 3 times before listing the house on the MLS to establish value, gather details for the listing including pictures and to verify everything is correct with the seller. Then there will be the potential buyers that look at the house usually by appointment. Once an offer is accepted, there will be an appraisal, an inspection, a second inspection to check on agreed upon repairs and a final walk through a day or two before closing.
It typically takes 6 to 14 weeks to get a house sold from list to close. This can vary greatly because of factors like time of year, how strong or weak the market is for sellers, what the house is priced at and sometimes a sale fails and you have to start over.
Usually a seller has to have the house vacant and clean the day of the closing. However, sometimes we can negotiate a way for the seller to stay in the house after the sale is closed. This can be helpful if the seller needs the money from the sale of the house to move.
Sell to an Investor
Selling to an investor offers flexibility in every aspect of the sale of your house. Most people that want to sell a house to an investor and not list the house is to simply avoid the time and effort that goes with listing if there are difficulties with the house. I have been in the business of helping people get their house sold for over 15 years and “Quick and Easy” is really why some people chose to sell their house to a home buying company for a little less money rather than listing their house.
Sometimes people look into selling to a We Buy Houses Company because the house they are selling needs so many repairs that it probably can’t be lived in. Or sometimes people have a house that is vacant and everyone lives out of state not wanting to deal with a house that is so far away. Or it can any number of reasons like Foreclosure or they have a hoarder house on their hands. Sometimes people want to just be done with it.
Quick Glance: Listing vs Quick Cash Sale
|Compare These Things||Listing Your House with Us||We Buy Your House|
|Commissions / Fees:||4 % to 6% on average||NONE|
|When Do I Have To Move?||Before you close and get your money.||WHEN YOU WANT! Get your Money BEFORE you move! We have flexible terms for moving.|
|Showing My House to People?||You may have to show your house 10 to 40 times before you are under contract.||NONE – We are the only ones that need to see the house and work on your schedule.|
|Who Pays For Repairs?:||You do. The buyer and lender will probably require repairs.||NONE – We pay for all repairs|
|What About Packing?||Before you close, the house must be cleared of everything and clean.||NONE – You can leave anything behind and NO CLEANING!|
|Closing Costs?||3% on average is paid by you, the seller.||NONE – We pay all costs|
|Inspection & Financing Contingency? *||Yes, up to 15% of sales fall through||NONE – We pay cash and inspect when we look at the house.|
|Appraisal Needed?||Yes, sale is often subject to appraisal||NONE – We make cash offers|
|Average Days Until Sold:||+/- 96 Days||CLOSING can happen in as little as 2 days or within a week if you have a mortgage to get a payoff on.|
|Closing Date:||30-60 days after accepting buyers offer unless the contract fails. Then start over.||The Date Of YOUR CHOICE|
Please email is using the form below or call 801-382-9199 to ask any questions you want.
What is the Best Way for Me to Sell My House?
Everyone’s situation is different. The best place to start making the decision is to figure out what is most important to you, and the first question should be about time and money. In general, you will always get more money for the sale of your house by listing it on the MLS with a good agent. Even if it needs repairs or has tenants. However, many things may make making the most money not as high as a priority as you thought. Just look at the list above. Listing on the MLS does take much more time, but you get a higher return.
Do you need help trying to decide if you should list your house or quick sell your house to an investor?
Please call us at 801-382-9199 or email using the form above today to discuss!