Are you looking to sell your house quickly in Greensboro? It’s crucial to have a good grasp of the available choices. Selling your Greensboro home doesn’t have to follow a single path. In the following discussion, we will explore two of the most commonly used methods, empowering you to select the selling solution that best aligns with your needs.
Hiring A Greensboro Real Estate Agent
The Money
When selling your house in Greensboro, it’s common knowledge that your agent will typically earn a commission of approximately 5-6% upon a successful sale. Yet, beyond this commission, there are additional expenses to consider as you prepare to list your property.
- Marketing – Many home sellers want or need to utilize marketing that goes beyond the scope of their agent. This can be professional photography, virtual tours, or premium listings.
- Repairs – Even if your house is in great shape, there will likely be something that will need fixing. Whether it is a new coat of paint, replacing a leaky faucet, or patching a hole in the wall, these repairs will add up fast.
- Staging – When you list your home you will want it to look its very best. This means you should take some time to hide away the clutter and decorate it in a warm and inviting fashion. Whether or not you hire a professional stager in Greensboro, making the house pretty can cost a pretty penny.
- Holding Costs – The holding costs include things like your property taxes, homeowners insurance, utility bills, and maintenance. These costs don’t stop when you list your house. In fact, keeping your house in tip-top shape can actually drive your holding costs up even higher.
- Closing Costs – As a home seller, you will usually pay somewhere around 2% of the final sale price toward your closing costs.
- Cleaning – Before you list and while to is on the market, the house will need to be kept clean. Many people opt to have it cleaned professionally before it is listed, maintaining the home while it is listed. You should also consider professional carpet cleaning, power washing, and yard clean-up and hauling expenses.
That said, working with an agent has the potential to get the highest price possible. Just be sure you have deducted all of the costs mentioned above to be sure listing with an agent in Greensboro makes sense for you.
The Time
When you hire an agent to help you sell your house in Greensboro, they will shoulder a good portion of the effort that goes into selling. That said, the process will require some of your time and effort as well. For example, you will likely have to spend time…
- Keeping the property clean and ready for those last-minute showings
- Making repairs and upgrades to the property before it hits the MLS
- Marketing the property on sites other than the MLS
- Vacating the property when someone requests to come see it
- Waiting for an offer, hoping you will get your asking price
- Reviewing offers from potential buyers
- Negotiating with potential buyers
- Waiting for the escrow process to be completed
- Dealing with inspectors and appraisers
The worst part is that you could go through all of the above, only to have the sale fall through at the last minute. If you’ve spent any time shopping for homes in the past, you’ll often see properties go pending, only to be relisted when the funding falls through.
The Unknown
One of the most difficult parts of selling your house with an agent in Greensboro is the unknown. You won’t know if you will get your asking price, when, or if your improvements will provide returns. Not only is this stressful, but it also makes it difficult for you to plan ahead.
Selling To An Investor
The Money
When you decide to sell your home to a real estate investor in Greensboro, it’s common knowledge that the selling price may not match the retail value. However, the benefits of this decision far outweigh the cons. Many direct buyers, such as AIP House Buyers, purchase properties in their current state, eliminating the need for costly repairs. Additionally, you can avoid expenses like commissions, closing costs, and lengthy closing procedures.
The Time
Looking to sell your house quickly in Greensboro? Contact AIP House Buyers for a hassle-free experience. We specialize in fast closings, potentially saving you a fortune in holding costs. With us, you can sell your house in just a few days without the hassle of dealing with traditional real estate agents. Simply pack up what you want to keep, and we’ll take care of the rest, including any items you wish to leave behind. Trust AIP House Buyers for a convenient and fair home selling process.
Compare the time and costs involved in working with a Greensboro real estate agent to selling to a local investor like AIP House Buyers. You may find that selling to us is the most efficient way to sell your house.