If you have been through the process of listing a Roseburg house on the MLS with a real estate agent, you know that it can sometimes come with a certain level of stress and hassle. The biggest stressors for most home sellers are dealing with showings and waiting for offers.
The listing process, although can be very beneficial in many circumstances, can also be time-consuming and stressful… depending on the local market conditions and buyer demand. Of course, in many situations, using an agent is the way to go!
But there is no one size fits all, so this doesn’t apply to every house and every situation. In this post, I’ll discuss a few of the difficulties of listing a house that you should 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, sellers say, of listing your house on the MLS in Roseburg is dealing with showings, especially if you live in the house you are selling. You feel the pressure of keeping it clean and tidy to prepare for potential buyers to come and view it.
This can be especially difficult if you have kids or pets. Even if you’re not living in the house, you still have to maintain the house and yard and coordinate with your real estate agent to make sure they can get in to show the house to potential buyers in a presentable manner. This can be a major inconvenience, especially if you have a busy schedule.
2. Waiting for Offers to Come In
From 28 years of experience as a Douglas County real estate broker I can tell you there is a certain level of excitement and anticipation when a homeowner puts their house on the market. The thing is, there are no guarantees.
The key is to be patient and expect it to take some time to obtain the perfect qualified buyer who makes an offer on your home. Depending on interest rates and the local market, it can take weeks… or even months for an offer to come in.
When I started my real estate career in the mid 90’s, the average marketing time (date listed to date sold) was over 180 days! The best advice is to prepare for the long haul and hope for the short.
During the listing/marketing time, you still have to pay your mortgage, property taxes, and other expenses associated with owning a home, so it’s best to prepare. In some circumstances, this can be a major financial burden, especially for distressed homeowners and owners who need to sell their houses quickly.
3. Costs of Hiring a Roseburg Real Estate Agent
Real estate agents typically charge a commission fee of 5-6% of the sale price of the house. The commission is typically split between the seller’s agent and the buyer’s agent.
This means that if you sell your house for $300,000, you’ll have to pay the real estate agents $15,000-$18,000 in commission fees. In some situations, this hit to your bottom line can be more than necessary by selling directly to an investor with no commissions.
4. Repairs and Renovations
Buyers buy based largely on emotion. For this reason, it is advised that before you can list your house on the MLS with a Roseburg real estate agent, you make the necessary repairs and renovations to make it marketable.
Homebuyers buy a house based largely on emotion so make sure you fix anything that might cause them to get cold feet.
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Common repairs include things like painting, replacing flooring, updating appliances, hot water tank straps, GFCI-protected plugs, replacing failed windows, rot, etc. 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, you may have to accept a lower offer, or even worse, you lose the buyer after the home inspection comes in.
So what’s the solution? Selling your property to an investor. Here are four reasons why:
1. No Property Showings
When you sell your property to an investor, you don’t have to deal with any property showings. Investors usually buy a house as-is. That means you don’t have to worry about cleaning, repairing, or renovating your house. This can be a major time-saver, especially if you have limited funds, you keep a busy schedule, or if your house needs a lot of work.
2. A Fast Closing
Investors with Sky Real Estate Investments can 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. The best thing to do is contact us so we can work through the numbers. Then you can look at the bottom and compare listing vs. selling directly to see if your net proceeds at closing are acceptable.
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 are typically not reliant on banks and will make cash offers on houses. This means that you don’t have to worry about waiting for the red tape of financing to go through. This can be a major relief, especially if you’re in a hurry to sell your house.
Listing your house on the MLS with a Roseburg real estate agent can be a great choice, but for some houses, it can become more of a hassle. From dealing with showings to waiting for offers, the process can be time-consuming and stressful.
Selling your property to an investor can be a much simpler and more convenient option. With no showings, quick closing, no commission fees, and cash offers selling your property to an investor can help you sell your house quickly and with minimal hassle.
Which way is right for you? Let’s talk and find out. If you want to sell your house fast in Roseburg, reach out to our team to find out what we can do for you – no obligation! 541-643-1131