
Naturally, when you consider selling your home, the next thing that may come to your mind are the profits and how you’ll spend them, quickly followed by how much of the funds you’ll pay in commissions, which is the cost of hiring a real estate agent. If you’re considering taking the job of selling your home on yourself to cut corners and save money, you should be aware that only about one in 10 homeowners are successful in their FSBO attempts.
A real estate agent advises you on the home’s presentation marketing, brings a qualified buyer to you, and handles the paperwork, deadlines, and scheduling of other industry pros, such as home inspectors. Top agents utilize the latest technology and the most highly trafficked real estate websites to list the property online. Read on as we explore four things you should know about listing costs when selling your house in Roanoke VA.
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Prepping
While the commission on the sale may be the most considerable expense to come off your profits at the closing, you should know that prepping and repairs sometimes come with a higher price tag when selling your house in Roanoke VA. An alternative to listing yourself or with an agent, you can skip the prepping, updating, and even the repairs by making a direct sale for your property as-is to a professional investor like those at Linken Investments.
Commissions, Fees
As the seller, you will also pay agents commissions for the buyers as part of the listing costs when selling your house in Roanoke VA. For a home valued at $300,000, with agent’s commissions ranging from around 4.5 percent to 6 percent of the home’s value, meaning you’ll pay between $13,500 and $18,000 at closing. In addition, you may also owe brokers fees, and you’ll pay for the professional inspection and appraisal, as well as closing costs. Finally, consider the charges associated with marketing. Today’s buyers are tech-savvy and have high expectations when scrolling online looking for properties. The industry standard of the day requires professional photography and often a professional stager to show your property in the best light and compete with other listings. When you work with a professional investor to buy your property, like the pros at Linken Investments, you can keep the commissions, fees, and marketing expenses in your pocket, and you won’t even pay any closing costs.
Holding
A real estate agent cannot tell you your closing date, nor can they guarantee that your home will sell. The expense of holding the property while it is for sale is another thing you should know about listing costs when selling your house in Roanoke VA. As you wait for buyers to come to your door, it can be agonizingly costly as hours turn into days, weeks, or even months. All the while, your mortgage, insurance, taxes, and monthly utility bills continue to weigh on your shoulders. Regrettably, when some agents set the asking price, they may bend to their client’s demands, listing the property at an unreasonable value, knowing that as days pass and the pressure builds, the sellers will agree to drop the asking price. One problem with this approach is that the longer a home is on the market, the less likely you will sell at the highest possible price. Because of their ability to quickly assess a property’s features and compare it to thousands of other listings, buyers are highly aware of current market value. Likewise, underpricing a home can cause buyers to assume something is wrong and bypass the property.
However, you will have a guaranteed closing scheduled by making a direct sale to a direct buyer like those at Linken Investments. For most properties, a direct sale can close in a matter of a few days or weeks, with the convenience of selecting whatever calendar date works best for your plans.
Ditch the Drama, Get Cash Fast: How Linken Investments Can Help
Forget the stress of showings, repairs, and endless waiting for a buyer. Here at Linken Investments, we buy houses in Roanoke, VA, offering a fast, hassle-free solution to your home-selling woes.
Here’s why Linken Investments might be the perfect fit for you:
- Cash in Hand, Fast: We buy your house directly, eliminating the uncertainty of traditional financing. You get a guaranteed closing date that works for you, and walk away with cash to move on with your life.
- No Fees, No Fuss: Forget agent commissions and hidden costs. We cover everything – no cleaning, painting, or repairs needed. Sell your house as-is and save yourself the extra burden.
- Leave the Paperwork to Us: Our attorney handles all the paperwork and legal complexities, at no cost to you. Our focus is making this process as easy as possible.
- Fast Decisions, Guaranteed: Unlike traditional sales with uncertain buyers, we can quickly determine if we can help. No waiting for financing approvals – we’re ready to buy now!
- Local Expertise, Any Condition: We know the Lynchburg market inside and out. Whether it’s location, condition, or even existing tenants, we can help you sell your house fast, regardless of the situation.
- Options for Everyone: While we offer cash purchases, we also understand that one size doesn’t fit all. We explore various options with you, including installment sales and traditional MLS listings.
Peace of Mind is Priceless: When you work with Linken Investments, you’re dealing with a reputable local company that prioritizes your needs. We’ll take the stress out of selling your house, allowing you to focus on what matters most.
Ready to Discuss Your Options? Contact us today at 540-523-1591 for a free consultation. Let Linken Investments help you turn your house into cash – fast!
Give us a call or text anytime 540-523-1591 or fill out the short form here today!