Deciding How To Sell Your Home
While many people think they can just list their home on a random website and call it a day, the selling process isn’t quite that simple. Similar to buying your very first home, there can be a pretty steep learning curve to get over. Plus, there are plenty of options you can choose from when you decide to sell your home.
In this short blog, we’re going to break down a few different ways that you can go about selling your home. Choosing how you are going to sell your home can impact every other part of the process, meaning it is crucial to explore the various opportunities before doing anything else.
There are options beyond the traditional real estate route, though it’s crucial to weigh the pros and cons of each.
Selling Your Home With A Real Estate Agent
Selling your home with a real estate agent is great, as they will prepare all of the confusing paperwork and communicate with the buyer’s agent. Sellers often choose to go the traditional agent route, as they provide pricing guidance, incentives, and thorough explanations of the expectations for your local market.
However, a real estate agent also receives 5-6% of the sale of a home for their assistance depending on the location they sell in. One way to save money is to sell your home on your own.
For Sale By Owner
The “For Sale By Owner” (FSBO) option is when the homeowner manages the sale without an agent. In this scenario, you save money that you would otherwise shell out to an agent for commission.
If your home is in good condition, an FSBO sale will be much easier, as you’ll be able to justify the price. Of course, the downside here is that you must put in more of your own time and effort. From listing the property on various websites to scheduling showings, everything is on you. Plus, you’ll need to research the local real estate market to accurately price your home.
If you’re new to the selling game, we don’t recommend going this route, as it is often far more work than people expect.
Sell To A Wholesale Company
There are many months of uncertainty with the traditional home selling process, including repairs, showings, offers that end up falling through, and more. When you sell your home to a company like National Cash Offer, you get both certainty and convenience.
At National Cash Offer, you get competitive offers on your property. Plus, you can sell it on your timeline without ever having to go through the stress of putting it on the market.
Unlike companies or individuals that purchase homes way undervalue with the intent to maximize profit, National Cash Offer provides competitive offers to homes that are in great condition.
As you can see, there are plenty of factors to consider when trying to figure out how you are going to sell your home. Make sure to do your research and weigh the pros and cons of each before you get started.