The Top 3 Ways to Sell Your Home

December 11, 2020
This question often circulates the mind of homeowners wanting or needing to sell their property. In this day and age, technology provides seemingly endless options and opinions for selling your home, and it can be difficult to make an informed decision. If you are ready to sell your home or begin entertaining offers, this article is just for you.  

What Are The Options To Sell My Home? 

When it comes time to sell your home, there are three main options: 1) hire a real estate agent, 2) list your home privately (FSBO), or 3) find a cash buyer. These are all great options and will eventually yield the sale of your home, but deciding which way to sell can be a tough decision. Here are some facts about each of these three options.

1. Hire a Real Estate Agent

Real Estate Agents can be a huge asset when it comes time to sell your home. They handle listing the home (taking photos, writing listing details, cross-posting etc.), the paperwork involved, negotiating between buyer and seller, scheduling and managing showings, along with all the phone calls and emails in between. While this is a huge help (with the right agent, of course), the agent gets compensated for their time and efforts by taking up to 6% of the sale of your home. Before you can close on the sale, there are likely contingencies like a home inspection and appraisal that need to be completed before you hand over the keys.

Key takeaway: This is a hands-free way to sell your home, but it is very expensive and has no time limit – imagine having to schedule your life around showings for weeks or months!

2. List Your Home Privately (FSBO)

Listing your home privately, or “For Sale By Owner” (FSBO), is a huge undertaking, but can help you keep some extra cash in your pocket from the sale as you won’t have to pay a listing agent commission. However, this means that all the responsibilities of a Real Estate Agent fall on you – the homeowner. All the tasks listed in the previous section such as taking photos, writing the listing, posting the listing, handling the in-bound calls/emails, negotiating, managing showings, and much more are all things you must do in order to sell your home privately. On Top of this, you must also oversee the final stages of closing such as inspections, appraisals, and final walkthroughs all while trying to pack up and move out. Pretty daunting, right? The benefit to doing all this is you get to keep the money you would have paid a Real Estate Agent in commission, but at what cost to yourself? 

Key takeaway: Although you save 6% of the sale of your home, you still have to pay some closing costs AND you spend a lot of time and money preparing to list and sell your home. Additionally, you are responsible for managing showings and negotiating between buyers prior to the sale.

3. Sell Your Home For Cash – AS IS

Choosing to sell your home for cash provides you with the easiest, most streamlined process, which saves a lot of time and money. Selling your property to a company like Classic Home Advisors means you pay no commissions or closing costs, do not have to wait on an appraisal or inspection, and do not have to list and manage the sale of your home alone. On top of this, cash buyers like Classic Home Advisors buy homes as-is, leaving you with more time and money. This can be particularly attractive for homeowners whose property is suffering from age or neglect, which can cost thousands to correct. At the risk of sounding bias, we truly believe selling your home for cash is hands down the best option for most property owners, especially those in need of a quick sale. 

If you or a family member are experiencing financial distress, going through divorce, in need of downsizing your property, need a quick sale, are going through probate or other legal matters, own a rental property you no longer want, or any other number of reasons, selling your home for cash is the answer. Choosing to sell in cash means you will avoid all of the steps it takes to sell a home on the market, do not need to have a home inspection done, and will not need an appraisal. Cash buyers like Classic Home Advisors will buy any home as-is – no agents, no commissions, no inspections, no appraisals, no hassle. 

Key takeaway: Selling in cash is the quickest, most efficient way to sell your home, and leaves more cash in your pocket by not paying commissions, closing costs, or repairs.

Classic Home Advisors – Maryland Home Solutions Expert

Classic Home Advisors is a MD-based real estate investing and construction company. We buy homes directly from homeowners in cash, make necessary repairs and updates to the home in order to bring the property value up to the highest possible number, and then sell it in order to make a profit. If, after reading this article, you choose to find a cash buyer for your home, ask Classic Home Advisors to give you a no-obligation offer. You can rest assured we will give you the highest cash offer possible and ensure you are comfortable in your decision to sell your home to Classic. We look forward to meeting you.

For more information or to ask a question, contact us today!

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