Ready to sell your house in Hemet or the surrounding areas? Learn more about the pros and cons of hiring an agent vs. selling to an investor in Hemet!
What many people don’t realize, is that there are many ways you can go about selling your home. You are not required to hire an agent, pay commissions, or even clean-up. In some situations, an agent is great. In other situations agent commissions, repairs and inspections can take a large amount of time and money. If you don’t have the time, money or patience a direct sale to a private investor is the better choice. Keep reading to learn about the pros and cons of hiring an agent vs. selling to an investor in Hemet!
Agent Pros
Potentially Higher Sale Price
When you work with a Hemet real estate agent, there is a chance you will receive a higher final sale price than if you would have sold directly. This is due to increased exposure and the opportunity to tell more people about your house. Keep in mind, your costs will also be much higher, so run the numbers ahead of time to find out if listing really is the right choice for you. Typical agent commissions are about 2-3% of the homes value, although this doesn’t seem like much it can add up quickly. When selling your home, typically you will be represented by an agent and the buyers will have their own agent. Home Sellers are required to pay the commission for the buyers and sellers agent, which lowers the amount you get fro the sale of your home.
Handling The Details
When you work with a professional and qualified real estate agent in the Hemet area, they are sure to take care of the paperwork, showing, and marketing of your home. When you opt for an FSBO listing you will have to handle these things on our own. With a direct sale to Stars and Stripes Real Estate, you really don’t have to worry about anything. We typically close in less than 7 days and require no inspections, no repairs and ZERO commission.
Agent Cons
Cleaning & Showings
Putting a home on the MLS requires it to be thoroughly cleaned before it is put on the market or seen by any potential buyers. In some cases, you will need to hire a professional cleaning company or rent special equipment for things like carpets and sidewalks. Also, with multiple buyers looking at the property you will have to make sure you are available for showings and inspections until the home is sold.
Extensive Expenses
Not all agents are full service, leaving you with a laundry list of expenses to take care of. Some agents will only list the property, leaving you to handle the marketing, showings, open houses, printed materials, signage, and administrative costs. While this is included in some agent’s commission, in other cases, it is not. Not all agents are created equal, so if you decide to hire and agent make sure they are local and will market your property in the right way.
It Can Take Months
When you work with a Hemet real estate agent, there is no guarantee if, or when the property will sell. In some situations, the house can sit on the market for a long time. This leaves you with the insurance, property taxes, mortgage, and utility bills for many months to come. For some homeowners time is not an issue, but if you need to move quickly because you are relocating for work or need the money for another opportunity, an agent may not be the right fit. With rising interest rates in 2023 buyers have gotten much more skeptical and picky when purchasing an new home, which may only add to your time on market.
Investor Pros
A Fast Sale
When you sell your house directly to Stars and Stripes Real Estate, you’ll be able to sell the property in days, not weeks or months. This can potentially save you thousands in holding costs. You will no longer need to pay for utility costs, homeowners insurance, property taxes, repairs, routine maintenance, and all the other expenses that come along with being a homeowner.
No Costs
Selling to a company such as Stars and Stripes Real Estate will allow you to sell your Hemet house without any commissions, repair costs, continued holding costs, marketing expenses, or hidden fees. We will handle everything, helping you to keep a ton of money in your pocket.
Simple Process
Our process is simple and direct. You won’t have to deal with property showings, an unknown closing timetable, or delays in the transaction. Selling your Hemet house doesn’t require you to spend money or live in limbo.
Investor Cons
Lower Sale Price
Take this one with a grain of salt. While the final sale price will likely be higher when working with an agent and private buyer, the costs you encounter can completely negate these profits. Marketing, repairs, commissions, and closing costs will eat away at that sale price. Run the numbers if your method of selling is financially motivated. In some cases, a direct sale to Stars and Stripes Real Estate can be the more profitable choice and save you time, energy and hassle.