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Direct Sale a House vs. FSBO vs. An Agent – Faithful Home Buyers KC LLC

There is more than one way to sell your Kansas City house! So many people get wrapped up in the idea of listing, that they don’t explore all of the ways a home can be sold. Many people miss out on saving time and/or money by using the only solution they know how. There are many different ways to sell a house. Direct sale a house, FSBO or working with an agent… we’ll break down what the different options will mean for you!

In this article, we will break down the pros and cons of each do you can make a smart and well-informed decision about how you wish to sell!

Advantages of Selling Your House Directly:

When considering a direct sale of your property in Kansas City, you’ll find numerous benefits that are often overlooked. One key advantage is the significant time saved in the selling process. Most direct buyers offer cash payments, eliminating the need to wait for bank approvals or loan processing. As a result, you could potentially close the sale in as little as a week! Such a swift transaction immediately relieves you of financial obligations like insurance, utilities, and taxes associated with the property. Furthermore, by bypassing real estate agents, you can avoid hefty commissions, agent fees, and listing expenses, saving you a substantial amount of money. Typically, direct buyers do not insist on property cleaning, repairs, or upgrades, simplifying the selling process further. With a direct sale, you can secure a favorable price for your home without enduring long waiting periods. This certainty allows you to plan for the future confidently, knowing exactly how much you’ll receive for your home and when the transaction will take place.

Cons of Direct Sale a House:

When it comes to real estate, the final sale price in a direct sale transaction typically falls below the retail value.

Benefits of Selling Your Property Independently:

Take control of your real estate decisions in Kansas City. You have the power to choose your best course of action. When you sell, eliminate the need to pay a high agent commission with Faithful Home Buyers KC LLC. Contact us at 816-237-0869 to learn more.

Reasons to Avoid Selling Your Home Without a Real Estate Agent:

Take the reins of your real estate journey. You’ll be responsible for every aspect. From marketing and engaging with potential buyers and their representatives to assessing contracts, navigating negotiations, and liaising with title companies. This comprehensive involvement can be overwhelming if you’re not well-versed in the process. Given the personal connection to your property, emotions may come into play. It’s crucial not to take offense at low offers or set unrealistic prices based on sentimental value rather than market value.

Benefits of Collaborating With a Real Estate Agent:

When it comes to real estate, having a good agent is essential for a successful sale. However, having a GREAT agent can make all the difference, especially when it comes to transitioning into a new home. A top-tier agent will not only handle the sale but also provide valuable resources and connections to help you get settled seamlessly. Make sure to leverage their services, including access to professional photographers and stagers. This level of dedication justifies the commission you’re paying them!

Drawbacks of Collaborating With an Agent:

When selling with an agent, you are responsible for paying 100% of the commission, typically around 6% of your final sale price. Additionally, expect to allocate about 2% of the final sale price towards closing costs. Upfront costs for preparing the house for listing, such as professional cleaning and repairs, are also part of the equation. With no definite timeline for the sale, uncertainty looms over the final sale amount and closing date.

Explore the various methods available to sell your Kansas City residence. Conduct thorough research before committing to a single option to understand the implications of each selling approach.

Are you thinking about selling your Kansas City house? We can help you make the best decision for your situation! Send us a message or give us a call today! 816-237-0869

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