If you are thinking of selling your house in Dearborn MI or are in the process of doing so already, make sure to get the best deal out of the transaction. Since going about the process on your own might not work, the best options you have are working with a real estate agent or selling your house to an investor.
Listing your dearborn home with an agent has its advantages, however, sellers need to understand that what should matter to them most is not the selling price, but the amount of money they will make from the sale. Furthermore, the stress that can result from the complicated sales process can give a seller many sleepless nights.
Here is a side-by-side comparison of selling to an investor and listing your Dearborn house with an agent.
|Selling to REIOutpost LLC||Listing With An Agent|
|Commissions You Pay||0%||6% (Average)|
|Selling the House|
|Number of days to stage and prep the home||0||10 days|
|Number of weeks required to close the transaction||1 – 2 weeks||7 – 8 weeks|
|Number of showings you can expect||1||20|
|The Cost of Transactions|
|Fees you can expect to pay the Real Estate Agent||$0||6% of the selling price|
|Repairs needed before selling the home||We pay for all the repairs||Negotiated during the inspection stage.|
|Who takes care of the closing costs?||We pay the costs||You pay 2% of the selling price|
|Estimated homeownership and overlap||N/A||1%|
|Inspection & Financing Contingency||None||15% of sales fall through|
After making your calculations, which method works for you?
The table above gives a clear picture of the costs involved in pursuing any of the two methods. The chances of getting a higher selling price when you list with an agent are very high, but the benefits of selling to an investor can end up being more lucrative after the process is complete.
Some advantages here include:
You Get Your Money in Two Weeks
When your Dearborn house stays for a long time on the market, the owner (You) will have to keep making utility payments, insurance payments, tax payments, mortgage payments, and any other payment attached to the house.
Therefore, the period between listing the house and getting your money can be costly and has to be factored into the cost of the house. On the other hand, if you sell to us, we will pay you within 14 days, so the cost of holding the property will be negligible.
You Do Not Need to Fix Anything or Keep Staging the House for Every Buyer
You can have any number of interested buyers visiting your listed property over a given period. This will force you to keep fixing up your house, cleaning it, and making repairs in hopes that the next person will buy the house. However, this is never the case when selling to REIOutpost LLC.
We will make you an offer based on the condition of the house, pay you everything we both agree upon, and thereafter we will pay for and make any necessary repairs. You will not need to waste any time, money, or resources trying to please people.
You Need Not Concern Yourself with The Closing Fees
Since REIOutpost LLC is a professional home buying company in Dearborn MI, we will make the process as smooth as possible for you. We will handle all the annoying closing costs and pay you exactly what we agree on.
When you consider the amount of time, money, and hassle you save when you work with REIOutpost LLC in comparison to listing your house with an agent you will know what your best option is.