We Buy Houses In Dormont, Pennsylvania. You have decided it’s time to sell but you keep asking yourself, “Should I hire an agent to sell my house in Dormont PA?” The questions are: Do you want to pay large commissions? How long are you willing to wait for the property to receive an offer from local homebuyers in Pennsylvania? How long will it take to close? What sort of repairs will you have to make? How does the home look when you leave for work in the morning? Are you available to show your property with 24-hour notice, or less? Keep reading to learn why it is better to sell your real estate directly vs. hiring an agent in Dormont PA.
Showings In Dormont PA
If you decide to sell your home directly to a professional house buyer in Dormont PA, you will not have to worry about going through a roller coaster of emotions. There are no frustrating, middle-of-dinner phone calls asking if you are available for the property showings. You don’t have to worry about leaving your home spotless every day before heading to work, just in case there is a showing while you’re gone. You don’t have to worry about possibly running into a buyer’s agent or their clients or dealing with them asking you questions that you really shouldn’t answer anyway. You also don’t have to worry about buyers arguing with you over which furniture you are taking and what you are leaving.
Commissions And Fees In Dormont
Real estate agents are paid based on a percentage of the sale price of your house. If you do not use an agent, there will be no commissions paid to a buyer’s or seller’s agent. That means thousands of dollars in savings! The usual commission is 3% per side, so if you sell your home for $400,000, you would have to pay $24,000 out of your proceeds in commissions alone, along with the traditional seller’s closing fees and other possible transaction fees to the closing agent and the real estate agents office. Real estate investors in Dormont PA typically do not charge commission or transaction fees, and if they do, it is extremely low in comparison.
Waiting Time Frame In Pennsylvania
Real estate agents have access to the multiple listing service, or MLS, which allows your property to be found in searches for certain features of a property. This may sound great, but how long will it sit on the market? How fast will you receive offers? Real estate investors and other direct house buyers typically have a network of other property buyers, so if your property doesn’t fit their portfolio, then it may fit one of their colleagues’ portfolios. Either way, this means very limited waiting time for an offer. Also, when you sell your home in Dormont PA directly to house buyers, they will typically close faster than traditional buyers, and usually pay full in cash.
Traditional property purchases often involve multiple steps and potential hurdles. Buyers typically need to go through bank qualifications and mortgage underwriting processes, which can be time-consuming. Additionally, property inspections are typically conducted, which can uncover issues that may affect the buyer’s decision. It’s worth noting that despite going through these processes, there is a possibility that the buyer may not qualify for the mortgage in the end, resulting in the transaction falling through. These factors emphasize the potential challenges and uncertainties associated with traditional property purchases.
Inspections & Repairs In PA
In Pennsylvania, professional house buyers typically purchase homes in their current condition, allowing you as the seller to avoid the burden of making repairs or incurring unexpected expenses. With these buyers, you can engage in a truly “as-is” transaction, where inspections may not be required. This relieves you of the obligation to address any structural issues with your own funds before the property’s closing.
However, when working with a real estate agent, the buyer’s agent will often arrange for an inspection of the property. If any problems are identified with the property’s structure during this inspection, they may request that you bear the cost of repairs before the closing takes place. This highlights the advantage of opting for professional house buyers who typically purchase properties as they are, sparing you the additional financial obligations associated with repairs or improvements.
Cash For Houses In Dormont PA
There are a lot of situations to think about when you are ready to sell your house in Pittsburgh. We are professional Pennsylvania home buyers and we can help you decide which avenue would be best for you.