Sold to Sell a House Fast Ohio vs. Listing With
A Local Ohio Realtor
It’s always best to look at all options when you want to sell your house, even in an excellent seller market like Ohio. When you are listing with a local Realtor of Ohio, there are chances that you may get more price for sales. But there are many other things one should keep in mind when selling a house. Below we have mentioned some pros and cons of working with a Realtor versus Sell a House Fast Ohio.
Both “We Buy Houses” companies and realtors offer services that facilitate the selling of homes, but they operate differently and are geared toward different needs and circumstances. Below are some key distinctions between the two:
1. Business Model:
- We Buy Houses Companies: These are investment firms that purchase homes directly from owners, often with the intent of renovating them for resale or rental.
- Realtors: Realtors work as intermediaries between home sellers and buyers, assisting with the sale process but not purchasing the homes themselves.
2. Speed of Sale:
- We Buy Houses Companies: These firms can close a deal very quickly, often within a week or two, making them an attractive option for those in a hurry to sell.
- Realtors: The traditional route can take longer, often several months, to find a buyer, secure financing, and close the deal.
3. Condition of Property:
- We Buy Houses Companies: They often buy properties “as-is,” meaning you won’t have to spend time or money on repairs or staging.
- Realtors: Homes usually need to be in good condition to attract buyers, and realtors may recommend improvements or staging to enhance the property’s appeal.
- We Buy Houses Companies: Typically, there are no commissions or fees, but the offered price may be below market value to account for repair costs and the investor’s profit margin.
- Realtors: They usually charge a commission fee, commonly around 5-6% of the selling price, which is split between the buyer’s and seller’s agents.
- We Buy Houses Companies: These companies offer more flexible terms, often tailoring the offer to solve specific problems the seller may have, like avoiding foreclosure.
- Realtors: While realtors strive to get the best deal for their clients, they are often limited by market conditions and the financial requirements imposed by mortgage lenders.
6. Market Price:
- We Buy Houses Companies: The focus is on quick, hassle-free sales, often at a lower price point.
- Realtors: Their goal is generally to sell your home at or near its market value, but this often requires more time and effort.
- We Buy Houses Companies: The process is often more straightforward and less stressful since you’re dealing directly with the buyer.
- Realtors: The traditional sales route involves multiple steps, including listing the property, staging it, negotiating offers, and going through a more rigorous closing process.
Selling with A Real Estate Agent
SOLD To Sell a House Fast Ohio
|Commissions / Charges||5-7% commission charges. 100% paid by seller||NO Commissions / NO Fees|
|Who Pays Closing Costs?||Paid by the seller||NO Closing Costs – We pay all costs|
|Financing Contingency||If the buyer can’t get financed, the sale falls through||NO Contingencies|
|Appraisal Needed||The sale is often subject to appraisal||NO Appraisal – We buy as-is|
|Who Pays For Repairs?||Negotiable. Often required by seller||NO Repair cost – We do all repairs|
|Who markets the property?||Ads, mailers, property website, staging||NO Marketing|
|Number of Showings||As many as are required. High Traffic!||Just Us, our Partners and Contractors|
|Average Days Until Sold||30-120 Days||3-30 Days|
|Closing Date||15-45 days after you accept buyer’s offer||You choose the date|
We Buy Houses in Bad Situations or Bad Condition
Sell a House Fast Ohio is a sensible option when your house has bad tenants, requires repairs, or has a clouded title. A real estate agent is a more suitable option when your house is in good condition, and you can wait until you get the higher prices for your house. Sell a House Fast Ohio can’t offer you full retail value for your home because we’re real estate investors… but there are some advantages to listing with us that you won’t get from listing with an agent.
From offer to close and cash in your hand in as little as 7 days.
You can quickly get rid of your property’s headache. SKIP any extra mortgage payments, taxes, insurance, utility expenses and so on. If you list your home with a Realtor, you will need to budget for up to 90 days of carrying fees while you wait for the property to close.
Get a fast, no-obligation cash offer on your home. To learn more about our process, please fill out the form below or call us.
- Inspection contingency: If the property is in poor condition the buyer the option to drop out of the purchase agreement.
- Financing contingency: Gives the buyer the option to drop out of the deal if they cannot come up with the necessary funds. It is a regular occurrence when a home does not appraise at the offer price.
- Sell a House Fast Ohio does not employ bank financing, so you do not have to be concerned about our ability to complete a transaction.