*Sigh* If you have been through the process of listing a Georgia house on the MLS with a real estate agent, you know that, in some cases, it can be a hassle. From dealing with showings to waiting for offers, the process can be time-consuming and stressful. Of course, in some situations, using an agent can be great! But this doesn’t apply to every house. In this post, we discuss a few of the difficult parts of listing a house you need to be aware of and why you may want to consider selling your property to an investor instead.
Hassles of Using a Traditional Listing to Sell Your House
1. Property Showings
One of the biggest hassles of listing your house on the MLS in Georgia is dealing with showings. If you’re still living in the house, you have to constantly keep it clean and tidy to prepare for potential buyers to come in and look around. This can be especially difficult if you have kids or pets. And if you’re not living in the house, you have to constantly coordinate with your real estate agent to make sure they can get in to show the house to potential buyers. This can be a major inconvenience, especially if you have a busy schedule.
2. Waiting for Offers to Come In
The intrinsic nature of placing your residence on the market within the confines of Georgia resides in the absence of certainties. One must cultivate patience during the interim, awaiting the arrival of suitably qualified offers. The temporal span for such offerings to materialize can extend over the course of several weeks, if not months, contingent upon prevailing interest rates and the prevailing economic milieu. Throughout this temporal expanse, the obligation to meet mortgage obligations, property levies, and ancillary homeownership expenditures perseveres. This constellation of financial responsibilities can burgeon into a substantive encumbrance, notably profound for those proprietors endeavoring to effectuate prompt divestiture of their properties.
3. Costs of Hiring a Georgia Real Estate Agent
Ordinarily, real estate agents levy a commission, typically ranging between 5-6% of the total selling price of the domicile. Hence, should you successfully vend your residence for $300,000, you would find yourself obligated to remunerate your real estate agent an aggregate of $15,000 to $18,000 in commission expenditures. This has the potential to exert a substantial impact on your net proceeds, thereby notably diminishing the financial gains derived from the property’s sale. It’s worth noting that contingent upon the chosen agent, you might also be accountable for additional expenses encompassing marketing outlays, listing charges, and other such related disbursements.
4. Repairs and Renovations
Before you can list your house on the MLS with a Georgia real estate agent, you typically have to make repairs and renovations to make it marketable. This can include things like painting, replacing flooring, and updating appliances. Depending on the condition of your house, these repairs and renovations can be expensive and time-consuming. And if you don’t make the necessary repairs and renovations, your house may not sell, or you may have to accept a lower offer.
So what’s the solution? Selling your property to an investor. Here are four reasons why:
1. No Property Showings
When engaging in the sale of your property to an investor, the necessity of orchestrating property showings is obviated. Investors customarily procure residences in their existing state, obviating concerns regarding the need for tidying, refurbishing, or remodeling your abode. This facet holds the potential to yield significant temporal efficiency, particularly when confronted with a demanding agenda or when your dwelling necessitates extensive attention.
2. A Fast Closing
Investors such as Modern Acquisitions typically close on houses much more quickly than traditional buyers. This means you can sell your house and get your money much faster than listing it on the MLS. This can be especially beneficial if you’re in a hurry to sell your house.
3. No Costs, Commissions, or Hidden Fees
When you sell your property to an investor, you don’t have to pay any commission fees. This means you get to keep more of the money from the sale of your house. And because investors typically buy houses as-is, you don’t have to worry about making repairs or renovations, which can save you even more money.
4. A Cash Offer
Investors typically operate independently from banks and extend cash propositions for houses. This implies that the nail-biting waiting game for financing approval can be sidestepped. This facet serves as a sigh of relief, particularly if you’re racing against time to vend your domicile or haunted by apprehensions of the buyer’s financial plans crumbling like a badly constructed house of cards.
Placing your residence on the MLS through a Georgia-based real estate agent can be a prudent choice, yet for certain abodes, it can transmute into more of a quagmire than a cakewalk. From orchestrating showings to enduring the agonizing wait for offers, the procedure might metamorphose into a time-draining and stress-inducing endeavor. Opting to vend your property to an investor unfurls a considerably simpler and more expedient avenue. With no showings to contend with, swift closures, the absence of commission fees, and the allure of ready cash offerings, relinquishing your property to an investor can usher in the swift sale of your dwelling with minimal exasperation.
And now, for a pun: Remember, when it comes to selling your house fast in Georgia, we’re not just talking peaches and cream – we’re talking about a peachy deal! Get in touch with our team at (762) 244-8813 to find out how we can help you peel away the hassle of selling.