What you may not know, is that there are multiple ways to sell a Chicago house. While many people immediately seek the help of an agent, there are other ways to sell your house. For example, you could sell your property to a directly to a buyer without having to use the services of a real estate agent. In today’s we’ll cover some of the benefits you receive as a seller when you choose to sell your property direct.
First it is important to understand that selling directly to an end buyer isn’t the right choice for every seller. Let’s take a look at some of the advantages you’ll receive as a seller going directly to an end buyer to help you decide if this may be the right option for you.
The Commission Factor
When you choose a direct sale to a company such as Blue Ladder Development, you won’t have to worry about paying out 6% of the sale price in commissions. This is thousands of dollars you will immediately save by choosing a direct sale. In addition, there aren’t any agent fees, marketing costs, listing fees or photographers to pay. When you work with a direct buyer, the property is typically sold as-is, so you can keep the money for advertising in your pocket.
No Clean-Up Or Repairs
Listing your Chicago house will require you to make repairs to the home to get it ready for the MLS. Even small damages can severely lower your potential buyer’s perceived value of the home. Making repairs and touch-ups to the house can add up quickly as far as finances are concerned. You will also have to factor in the cost to clean up, keep it clean, store personal items and clutter as well as purchase items if you need to do some staging. While these costs can be worth it in the long run, they should be well considered before listing your home. Not only will you be expected to perform the repairs to get the property in “show ready” condition but you will also be expected to perform numerous repairs that a buyer will discover during a home inspection.
Your Terms
When you work with a company like us to sell your house directly, the closing date will be up to you. We are able to purchase properties almost immediately, so you won’t have to spend time waiting around for a buyer to come along. On the flip side, we will not rush you into a closing. We know that selling and moving can be a stressful time, hence why we aim to keep the process as simple as possible. If you should choose to accept an offer from Blue Ladder Development, you will then decide on the date that best works for you. You won’t have to worry about the sale falling through as with a traditional sale using bank financing. A direct buyer will have the funds available to pay you immediately!
A Fast Sale Will Save You Money
Point blank, the longer you own the house, the more it is costing you. Investors know this, that is why the goal is always to flip a house quickly! By selling your property to a direct buyer right away, you are potentially saving yourself months of wasted time and money. You are likely paying more for your house than you even realize. There are monthly utilities to consider, homeowners insurance, property taxes that you are responsible for up until the day of closing as well as routine maintenance costs. If you are paying for things such as pool service, pest control or landscaping, those costs will immediately be over and done with.
A Direct Sale Offers Guarantees, While A Listing Does Not
There is a lot of uncertainty when it comes to buying and selling properties. Deals fall through every day. Banks often take longer than expected to fund a loan. When you list, you are in essence living in limbo until the closing papers have been signed. An agent can list your house for any price you want, even if it has been inflated in order to get you to sign a listing agreement. There is NO guarantee that you will get the price you ask for when you list your Chicago house! There is no guarantee that you will be able to find a buyer within the time frame you desire and you may find yourself having to rearrange your entire life schedule because you are stuck with a property you can’t sell. A direct sale will provide a guaranteed closing date of your preference providing you with the ability to coordinate your future schedule with confidence and certainty.