Stick a sign in the yard and wait for the phone to ring! If only it were that simple. Once you’ve gone through listing your home on the market in the traditional manner, you understand that the reality is quite another picture altogether.
Read on to discover five things that can go wrong when selling your house the traditional way in Philadelphia.
Price
One of the biggest things that can go wrong when selling your house the traditional way in Philadelphia is if the listing isn’t priced right. Comparing the most recently sold and nearest properties with similar features to your own determines a fair market value. However, sellers often insist their homes are worth more because of the emotional weight they hold in their homes; real estate agents knowing that these sellers will drop the price eventually allow these owners to rule the day. Only later do these sellers learn their lesson about market value as the weeks begin to pass. On the other hand, with a direct sale to a company like Philly Home Investor, your closing date is guaranteed and can be in a matter of days or delayed if you need more time.
Buyers
Your buyers may tie up your listing for months, only for their financing to fall through and leave you to begin the process of searching for a buyer. But, no matter how it happens, a buyer backing out of the deal is another thing that can go wrong when selling your house the traditional way in Philadelphia. However, you’ll have a guaranteed closing date through a direct sale of your home to a professional buyer like those at Philly Home Investor with cash backing the deal.
Hidden Costs
It takes money to make money, and running out of funds is one of the most stressful things that can go wrong when selling your house the traditional way in Philadelphia. When you add up all of the expenses to list in the traditional method, including the commissions, marketing, prepping, and repairs, listing on the market may not be the right choice for your circumstances. With a direct sale to a buyer like those at Philly Home Investor, you won’t need to worry about prepping for showings or passing the inspections. Philly Home Investor buys houses in as-is condition.
Holding Costs
Having your listing linger on the market is a costly thing that can go wrong when selling your house the traditional way in Philadelphia. If time is of the essence and you are selling due to financial constraints, the unknown factor of a closing date with traditional listings means you must consider holding costs. It can become overwhelming when the bills continue to deplete your profits. Working with a professional buyer like those at Philly Home Investor will help you avoid this scenario because they will disclose all of the hidden costs involved with a traditional listing so that you can compare the profits against those from the fair offer from Philly Home Investor for yourself.
Philly Home Investor
The pros at Philly Home Investor know all about the things that can go wrong when selling your house the traditional way in Philadelphia and want to help you avoid them. A direct sale to Philly Home Investor means you walk away from the closing table with cash in hand; what we offer is what you receive. At Philly Home Investor, there are no financing concerns, no inspections or repairs, no commissions or hidden fees to pay, no marketing or showings to worry about, and a closing date set around your schedule for convenience. With simple contracts and an easy process, why not find out how Philly Home Investor can help you. Contact Philly Home Investor at (215) 422-3288.