When it’s time to put your house on the market, one of the first things that come to mind is the money you’ll make from the sale. Following immediately behind comes a reluctance to entrust your hard-earned cash to a real estate agent. Homeowners like you, on the other hand, who attempt to sell their homes themselves as an FSBO (For Sale By Owner) can often make serious errors that can cost a lot of money in the long run.
On the other hand, since professional investors do not charge commissions, they can save sellers time and money while alleviating a lot of problems. Continue reading as we look at five reasons why you should consider the option for a direct sale over a Lancaster FSBO listing.
1. Not Prepping Your Property
Rather of spending a significant proportion of your budget preparing a property for someone else to enjoy, why not save that money for your new home? Avoiding clean-up, painting, and concerns about the outside and landscaping curb appeal will leave you more cash in your pocket, which is just one of the reasons you should go with a direct sale rather than hiring a real estate agent or trying the FSBO option.
2. No Repairs Needed
If you’re concerned about passing the inspection, this is a compelling incentive to go with a direct sale rather than a Lancaster FSBO listing. Direct buyers, such as those at Awakened Properties LLC, purchase properties in “as-is” condition. If you decide to move forward with a FSBO Listing in Lancaster, click here to learn about some repairs to avoid. These can cost you thousands of dollars in repairs just to get the house ready to sell. Historically, inspectors have been tough on home sellers with certain items that buyers need to have fixed before their loans will be approved. If you are looking at selling your house to an FHA approved buyer this is especially true.
3. No Staging Needed
It takes cash to make money, and when you put your property up for sale, you want to do everything possible to put it in the best light possible in order for you to get the most out of the transaction. Staging is a way of making the property appear as if it were a clean slate to buyers during showings. It has been proven that professional staging helps properties sell faster. While you can make more money with staging, professional stagers can be expensive. For many homeowners paying the upfront money out pocket to not have a guarantee on the back side is too much risk. Direct home buyers will buy your property quickly and without prepping or staging needed.
4. No Professional Marketing Needed
A real estate agent’s goal is to find a suitable buyer for your property. If you don’t utilize high-quality digital photographs, a drone tour, and blast on the top sites to compete with other properties, you aren’t going to be seen by the majority of purchasers who search online for houses. Marketing takes effort and expertise and an investment of money to do properly. It is just one more thing you will need to do if you have a FSBO Listing. Instead of learning to manage all of these platforms, a direct sale allows you to bypass all of the hassle and keep all of the time and money you would have spent on marketing in your pocket.
5. No Wait Time
The holding period is the length of time between when you put your property on the market and when it sells. The profit on the sale may be significantly reduced during this time, which can be stressful for home sellers. With a direct home buyer, your closing is guaranteed, and it might happen in as little as a week, so choosing a direct sale over a Lancaster FSBO listing to save valuable time.
The average FSBO property sits on the market for over 60 days before going under contract. While this may not seem like a long time, the average property is moving in our market in less than a week. A good rule of thumb is that if the property does not have an offer in 30 days, it’s usually overpriced. The more time a property sits on the market the less desirable it becomes to buyers who perceive value often with desirability.
Awakened Properties LLC is an excellent agency. They provide a simple and straightforward approach to the process by which you may sell your home quickly and profitably. Awakened Properties LLC provides both buyers’ agents and sellers’ representatives, so please contact them if you’re seeking for someone who can assist you with the selling of your property.
The specialists at Awakened Properties LLC will pause and give you their attention, responding to your questions with no obligation. We will visit your property, give you a fair cash offer with a full explanation of our numbers and we will not pressure you if you decide not to accept. That is how we work. Call Awakened Properties LLC at (717) 925-7465.