What Are the Costs: Agents vs. Investors?

So, you’re thinking of selling your house, and naturally, you’re looking forward to some extra cash in your pocket. But did you know that selling your home could mean shelling out some money in the process? In this post, we’ll dive into the different expenses involved when working with real estate agents versus selling to investors.

Yes, it’s true. Sometimes, selling your house comes with costs. (But don’t worry, it’s not always the case.) We’re here to shed light on these fees, as they might just influence your decision on whether to collaborate with an agent or go for a direct sale to an investor.

Agent Fees:

First, let’s talk about the agent route. An agent is like your trusty sales ninja; they’ll use their skills to find a buyer for your house. In doing so, they’ll list your property, embark on various marketing adventures, and do their best to find the perfect match.

In return, you’ll have to open your wallet for agent fees. These usually encompass a commission if they successfully sell your house. This commission is usually around 6% of the sale price (so, about $6,000 on a $100,000 home). But wait, there’s more – additional fees might come your way. These could include advertising expenses, listing fees, brokerage fees, sign-placement fees, and even title company charges. The list is quite extensive. If you’re curious about these fees, don’t hesitate to ask your agent – they should give you the lowdown.

Investor Fees:

Now, let’s shift our focus to selling to investors. This is where it gets interesting. Most of the time, you won’t find any fees attached to selling to investors. Investors usually handle all the expenses associated with selling your home. Best of all, there’s no commission to pay because investors aren’t traditional agents; they don’t list your property.

You might wonder if there’s a catch. Well, in some cases, you could be responsible for closing costs, but this can vary depending on the investor. It’s always a good idea to have a chat with the investor to clarify who will be covering these costs.

The Unseen Cost:

But there’s one more cost, or should we say “fee,” that often goes overlooked. When you work with an agent, they might encourage you to fix up your house, and you’ll be stuck with bills and taxes for as long as it takes for the agent to find a buyer. While this isn’t a fee to the agent, it’s an expense you have to bear due to their involvement. However, when you sell your house to an investor, things move quickly, saving you from these ongoing costs.

So, what’s the right path for you? It really depends on how much you’re willing to pay and how fast you want to sell. If you’re seeking more details or want to confirm that there won’t be any fees when selling your house to us, please get in touch. Laurel Buys Houses would be delighted to guide you through the process.

Feel free to reach out for more information about our buying process and get the full scoop on how it all works. You can [click here](insert contact link) or simply give us a call at (916) 476-2381.

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