If you have been through the process of listing a San Diego house on the MLS with a real estate agent, you know that, in some cases, it can be a hassle. And that is an understatement. From dealing with showings to waiting for offers, the process can be time-consuming and stressful. In this post, we discuss a few of the difficult parts of listing a house you need to be aware of and why you may want to consider selling your property to an investor instead.
Hassles of Using a Traditional Listing to Sell Your House
1. Property Showings
One of the biggest hassles of listing your house on the MLS in San Diego is dealing with showings. Like many people trying to sell their homes, they are still living in it. That means you have to make sure your house is ready to show at the drop of the hat. You need to have your house clean and tidy to prepare for potential buyers to come in and look around. This can be especially difficult if you have kids or pets. And if you’re not living in the house, you have to constantly coordinate with your real estate agent to make sure they can get in to show the house to potential buyers. This can be a major inconvenience, especially if you have a busy schedule.
2. Waiting for Offers to Come In
The thing about listing your house in San Diego is that there are no guarantees. You’ll need to be patient while you wait around for qualified offers to come in. Depending on interest rates and the market (and we all know the uncertainty we have experienced as of late), it can take weeks or even months for an offer to come in. During this time, you still have to pay your mortgage, property taxes, and other expenses associated with owning a home. If you are in a situation where money is tight, this can be quite the financial burden, especially if you were hoping to sell your house quickly.
3. Costs of Hiring a San Diego Real Estate Agent
Real estate agents typically charge a commission fee of 5-6% of the sale price of the house. This means that if you sell your house for $300,000, you’ll have to pay your real estate agent $15,000-$18,000 in commission fees. An agent’s commission can seriously cut the profit you will make when selling your home. Depending on the agent, you may also be on the hook for marketing costs, listing fees, and more!
4. Repairs and Renovations
Before you can list your house on the MLS with a San Diego real estate agent, you typically have to make repairs and renovations to make it marketable. This can include things like painting, replacing flooring, and updating appliances. Depending on the condition of your house, these repairs and renovations can be expensive and time-consuming. And if you don’t make the necessary repairs and renovations, your house may not sell, or you may have to accept a lower offer.
So what’s the solution? Selling your property to an investor. Here are four reasons why:
1. No Property Showings
When you sell your property to an investor, you don’t have to deal with any property showings. Investors typically buy houses as-is, which means you don’t have to worry about cleaning, repairing, or renovating your house. This can be a major time-saver, especially if you have a distressed property and a situation that warrants you to close quickly. At Trusted House Buyers, we have seen all types of properties and have dealt with many situations that require flexibility and sensitivity.
2. A Fast Closing
Investors such as Trusted House Buyers typically close on houses much more quickly than traditional buyers. This means you can sell your house and get your money much faster than listing it on the MLS. This can be especially beneficial if you’re in a hurry to sell your house.
3. No Costs, Commissions, or Hidden Fees
When you sell your property to an investor, you don’t have to pay any commission fees. This means you get to keep more of the money from the sale of your house. And because investors typically buy houses as-is, you don’t have to worry about making repairs or renovations, which can save you even more money. Sounds like a win, win!
4. A Cash Offer
Investors are typically not reliant on banks and will make cash offers on houses. This means that you don’t have to worry about waiting for financing to go through. This can be a major relief, especially if you’re in a hurry to sell your house or if you’re worried about the buyer’s financing falling through. Also, if you are in a tricky financial situation, this option may be the best and fastest option.
Listing your house on the MLS with a San Diego real estate agent can oftentimes be more of a hassle. From dealing with showings to waiting for offers, the process can be time-consuming and stressful. Selling your property to an investor can be a much simpler and more convenient option. With no showings, quick closing, no commission fees, and cash offers, selling your property to an investor can help you sell your house quickly and with minimal hassle. If you want to sell your house fast in San Diego, reach out to Trusted House Buyers to find out what we can do for you! 619-786-0973
