Should you sell your house on your own instead of with a realtor? How can you determine which is the right path to take to get your house out of your hands? Some benefits come from either method, but depending on your current situation, one of them will be more favorable than the other. Let’s take a look at both options to determine which is the right one for you.
Fees and Commission Payments
One of the requirements when working with a realtor is paying them a commission when you make the sale, which is a fairly significant percentage. You’ll also need to keep in mind that you will pay all fees, including closing fees.
When you sell on your own, you won’t need to pay commission to anyone, so that means more money in your hands at the time of your sale. Although it might be more difficult without professional help, selling on your own will reduce the costs of any additional fees. Another option that requires no fees or commissions is selling to professional homebuyers.
Speed of The Transaction
When working with a realtor, the average time to sell your home is 90 days, and it can sometimes take longer than that. The reason for this is the multiple showings, working with different potential buyers, making sure that their financing is accepted, and much more.
When you sell on your own, you have more freedom when it comes to accepting offers and setting a closing date. You determine the steps you want to take.
House Repairs and Showings
House repairs can be expensive, depending on how much work needs to get done. Realtors determine what repairs are required, and the cost is usually negotiated during the inspection period. When you sell on your own, you might only need to make necessary repairs that are a threat to safety and functionality. Any other repairs, you can simply list, so the buyers will be informed.
Sell Your Home On Your Own To Milwaukee House Solutions
If you want to sell your home fast, without paying any fees, commissions, or repairs, we have the solution. Milwaukee Home Solutions is a professional homebuyer that will buy your house for cash. Working with realtors might be the option for some. But if you would like to skip all the showings and close in as fast as 7 days with a fair all-cash offer, selling to a homebuyer is the option for you.