First, we want to say that a traditional listing is a great option for certain situations. However… did you know there is another way to sell your home? Rather than listing it with a real estate agent, you can sell it directly in only a matter of days.
We’re not here to scare you away from real estate agents, only to provide information that there is a better and faster way.
Also, let face it there our hundreds if not thousands of local real estate agents, how do you know your gonna get a good one? Anyone can become a real estate agent and one of the things they don’t teach in “real estate school” is how to work with investment properties and determine how much repairs and renovations will cost.
Not all real estate agents are the same. Just like in any other profession, usually the top 10% are doing 90% of the deals. That leaves a whole lotta room for error when picking the right agent.
Read on to discover five reasons why you shouldn’t hire a real estate agent to sell your house in Delaware County, PA.
Showings Can Be Burdensome
Living in a “covid” world makes showing properties a bit difficult these days. Do you want strange people in your home?
Don’t relish the idea of millions of strangers viewing your property online? Rather not have people walking through your home? Avoiding the discomfort of showing your home to the world is a significant reason why you shouldn’t hire a real estate agent to sell your house in Delaware County, PA.
Another headache of the showing process is the inevitable middle of dinner call from an excited agent who has a buyer with them right now! Not to mention upping the stress level in having children, pets, and several people’s schedules to work around and clean up after.
Living moment to moment in an absolute picture-perfect home takes a great deal of time and energy to maintain. There are no showings by working with a direct buyer like Philly Home Investor.
Time on the Market
A real estate agent can advise how long their listings average on the market and the current average time on the market for all listings in Delaware County, PA. They cannot tell you when your home will sell.
Right now if your home needs repairs and lots of work the average on the market is about 45-75 days. And that’s if it’s priced right!
Most new agents almost overprice the homes making them have to go back to the owners and tell them there “gonna reduce the price” to try and get more people through the door.
That’s right, all agents usually do is list your property on the MLS and hope someone will buy it. Most new agents and even experienced agents aren’t spending any money to market your property.
The longer a listing lingers on the market, the lower the actual sales price is likely to be. If or when a buyer will come along is unknown, and this uncertainty is not a good feeling, which is a huge reason you shouldn’t hire a real estate agent to sell your house in Delaware County, PA. A direct buyer like Philly Home Investor pays cash and can close in as little as 30 days or less
Commissions
Real estate agents are paid well for bringing you a buyer. Paid to two agents in a traditional real estate transaction, the buyers’ agent and the sellers’ agent split the commission based on the purchase price.
The average percentage of commission paid from your sale is around seven percent, along with other fees and closing costs, which all come off of the top at closing. The average sales price of a home is near $350,000, equating to $24,500. Paying this exorbitant amount is another reason why you shouldn’t hire a real estate agent to sell your house in Delaware County, PA. A direct buyer like Philly Home Investor doesn’t charge commissions.
Marketing
A real estate agent’s marketing expenses, which you pay, usually include listing on the top websites, requiring high-quality images. To achieve your agents’ demands, you’ll need to hire professional photographers, drone pilots and pay for whatever updates, upgrades, or repairs they may deem necessary.
As mentioned if your home needs repairs and not in the best of condition don’t expect any agent to pay for any of these things.
Additionally, you’ll be laying out a tidy sum for professional staging expenses. These expenses are why you shouldn’t hire a real estate agent to sell your house in Delaware County, PA. You can save the money you’d have spent on marketing by selling to a direct buyer like Philly Home Investor.
Just check out our Google reviews to see what others are saying.
Repairs
Repairs are a reason why you shouldn’t hire a real estate agent to sell your house in Delaware County, PA because you carry the upfront out of the pocket expense. As the seller, you’re responsible for repairs the buyer’s lender may deem necessary after paying for the professional inspection.
This is also where most deals fall apart. Mostly because the sellers don’t have the money to pay for repairs. Or due to the buyers lender having strict guidelines your property might not match.
If you’d prefer instead not to pour money into the home you’re ready to sell, a direct buyer like Philly Home Investor will buy your house in Delaware County, PA as is. You can just pack what you like and leave your worries behind.
We literally buy all kinds of real estate in “as-is” condition and we mean AS-IS! 🙂
Listing your home for sale on the market is expensive, time-consuming, and can be extremely frustrating. Philly Home Investor offers a much more straightforward and direct process. Send us a message or call (215) 422-3288 today for your offer!
On average we can close on your property in 30 days or less.
For the last 5+ years, we’ve been helping people just like you make the process of selling real estate SIMPLE and EASY!