Putting your house for sale can be a huge emotional decision in your life. You may have bought this house with your life savings or inherited it from your parents. No matter the reason for selling it, parting with the asset is not always easy. While trying to sell your house for the most money, you will naturally look for the best ways to find potential buyers.
If you’re going through a financial emergency and telling everyone, “I need to sell my house fast.” Don’t worry! Cash home buyers in Pittsburgh can buy your home within a week.
You may have concerns if selling your house to an investor will work for you. Here is a comparison between selling it to a cash home buyer versus selling it through a real estate agent to help you make an informed decision.
Commission
Paying commission is a part of the traditional selling method. The real estate agent will ask you for a hefty commission of around 6% of the sale price after completing the deal.
Cash home buyers in Pittsburgh don’t require you to pay commission. They buy your house, repair it, and put the property for resale or rent it out. As they directly buy it from you, you don’t need to pay them any commission or other fees.
Expensive Repairs
Staging is a critical step in the home selling process because your house must impress the potential buyer. The agent will ask you to make the necessary repairs and get your house ready for staging. On average, the repairs can cost you between $10,000 and $40,000.
If you want to avoid spending money on expensive repairs, you can opt for cash home buyers. They buy houses in any condition, even if they’re fire damaged. You get a fair price for your home without having to spend a dime.
Home Inspection and Appraisal
The buyers using the traditional method may need financing that requires an appraisal or home inspection. If your selling price doesn’t match the estimation, the sale may fall through, so be careful while fixing your property price.
No appraisal takes place when you directly sell your house to a cash home buyer. Based on the condition of the property and real estate market situation, you’ll receive a fair value for your property.
Closing Timeline
Selling your house through an agent takes about 45 days. But a cash home buyer in Pittsburgh can close the deal within a week. If you need quick cash from the sale, sell your house to an investor.
Cash home buyers in Pittsburgh won’t force you to accept the offer. It’s your right to reject it outright and explore other selling options. However, if you do accept their offer, they make the process straightforward and fast.
I don’t like that Paying commission is a part of the traditional selling method. I have hated this for quite some time now, and I think that I finally found a solution to overcome it.