What you may not know, is that there are multiple ways to sell a Cincinnati house. While many people immediately seek the help of an agent, there are other, more cost-effective ways to sell your house. For example, you could choose to carry the note yourself or sell the property directly, without the help of an agent, which is what we will cover in this post on how to make a Cincinnati direct sale!
As we said above, there are many ways to sell. For some properties, a listing makes the most sense, whereas, for other, a direct sale is the smarter choice. Which will it be for you! Don’t sign any agreements or agree to a sale until you learn about what a direct sale can mean for your situation!
The Commission Factor
When you choose a direct sale to a company such as We Buy NKY Houses, you won’t have to worry about paying out 6% of the sale price in commissions. This is thousands of dollars you will immediately save by choosing a direct sale. In addition, there aren’t any agent fees, marketing costs, listing fees or photographers to pay. When you work with a direct buyer, the property is typically sold as-is, so whatever price you agree to sell your property is the amount you will receive at closing, assuming you don’t owe taxes or other expenses.
No Clean-Up Or Repairs
Listing your Cincinnati house will require you to make repairs to the home to get it ready for the MLS. Even small damages can severely lower your potential buyer’s perceived value of the home. Making repairs and touch-ups to the house can add up quickly as far as finances are concerned. As we have talked to homeowners all over Cincinnati and NKY, this is one of the biggest reasons they don’t want to list their property. Doing all the work to get the property ready for the market is just too overwhelming.
You will also have to factor in the cost to clean up, keep it clean, store personal items and clutter as well as purchase items if you need to do some staging. These costs may pay for themselves in selling the home for a larger price, but you have to count the cost up front and be sure you have the ability to pay for them if you plan on listing your Cincinnati home.
When you work with a company like us to sell your house directly, the closing date will be up to you. We are able to purchase properties almost immediately, so you won’t have to spend time waiting around for a buyer to come along.
On the flip side, we will not rush you into a closing. We know that selling is moving is difficult, and we will work on your timing. We pride ourselves on being honest, full of integrity, caring and respectful to the sellers we work with.
If you should choose to accept an offer from We Buy NKY Houses, you will then decide on the date that best works for you. You won’t have to worry about the sale falling through as with a traditional sale using bank financing. Because we pay cash, there is no loan to be approved by a bank. So, you can be more confident that you’ll get a check soon at the closing table.
A Fast Sale Will Save You Money
Point blank, the longer you own the house, the more it is costing you. Investors know this, that is why the goal is always to flip a house quickly! By selling your Cincinnati property to a direct buyer right away, you are potentially saving yourself months of wasted time and money.
You are likely paying more for your house than you even realize. There are monthly utilities to consider, homeowners insurance, property taxes that you are responsible for up until the day of closing as well as routine maintenance costs. If you are paying for things such as pool service, pest control or landscaping, those costs will immediately be over and done with.
A Direct Sale Offers Guarantees, While A Listing Does Not
There is a lot of uncertainty when it comes to buying and selling properties. Deals fall through every day. Banks often take longer than expected to fund a loan. When you list, you are in essence living in limbo until the closing papers have been signed. An agent can list your house for any price you want, even if it has been inflated in order to get you to sign a listing agreement. No matter what you list for, there is no guarantee that you will find a buyer for your Cincinnati house.
With a direct sale, you will know both the exact date and amount you will walk away with. This will allow you to plan ahead without having to deal with the unknown!
We work with sellers all over Cincinnati – Anderson Township, Madisonville, Fairfield, Deer Park, Evanston, Walnut Hills, Hyde Park, Silverton, Loveland, Mason, Forest Park, Batavia and more. If you are in the Cincinnati area and want to consider a direct sale, give us a call today.