Understanding the differences between hiring a real estate agent in Chicago and selling your house to a professional buyer can make a significant impact on the financial outcome of your sale. While those considering selling may instinctively follow the traditional listing method through an agent, it has become more mainstream to work with a professional buyer for the many benefits they offer.
if your house is in perfect or near-perfect condition, a traditional listing with a real estate agent may be able to gain you a higher profit margin on the sale. A professional buyer like BAM Home Buyers will take the time to listen to you and advise you if it would be in your best interest, given your circumstances both personally and financially, to work with a traditional real estate agent. This attention and consideration of your unique situation is a significant difference between hiring a real estate agent in Chicago and selling your house to a professional buyer
Less Than Perfect
If your house needs repairs, a direct sale may pay more, especially considering you simply will not have to worry about making the repairs. Working with a professional buyer means working with a team of experts on hand from every real estate industry. By working with a professional buyer, this team of professionals enables them to purchase quickly by eliminating the need and expenses of professional inspections and appraisals and the legal risks surrounding disclosures. Walking away from repairs on the property is a substantial time and money-saving difference for you between hiring a real estate agent in Chicago and selling your house to a professional buyer like BAM Home Buyers.
For those selling due to economic or personal hardship, skipping all of the listing processes rather than risk having a home stagnating on the market could mean all the difference between solving your problems almost immediately and financial ruin. If you have had to relocate before your home has sold, you may not be able to carry both properties for very long without sinking under the financial burden. These sellers save time and money by avoiding all of the red tape involved with a buyer that needs to qualify for a mortgage, which is a significant difference between hiring a real estate agent in Chicago and selling your house to a professional buyer. An investor can close faster, and unlike a real estate agent, they can guarantee your closing date. Because of the freedom of working with a professional buyer like BAM Home Buyers, you could walk away with cash in hand in as little as 30 days and, in some cases, even less time.
The average commission on a real estate sale is near seven percent or $7,000 from a sales price of $100,000. The profit you may have anticipated will be nowhere in sight as you continue to pay for all of the expenses of listing the home upfront out of your pocket, including any costs of the demands your agent may make for the prep and marketing of your home. Professional fees for appraisals and inspections, required for most buyers seeking to qualify for a mortgage with a lender, also come from your funds. An investor does not charge commissions or other expenses, which is an appealing difference to your wallet, between hiring a real estate agent in Chicago and selling your house to a professional buyer. When you meet with a professional buyer like BAM Home Buyers, they will explain every step of how they reach their figure and come to a consensus with you on a price that you fully agree is a fair offer. And, the offer you receive is what you get at closing. There are no commissions or other hidden fees that come off of the top, leaving you with less of your hard-earned investment dollars after closing.
For many sellers, showings are why they delay or even avoid listing their home, even if they are unhappy where they are. They simply cannot imagine allowing strangers to walk through their home, virtually or in-person. Still, others cannot handle any further pressure within their home, and keeping everything in showing condition at all times and working around everyone’s schedule can be stressful in the best of times. Skipping the headaches of showings is one of the most appreciated differences between hiring a real estate agent in Chicago and selling your house to a professional buyer like BAM Home Buyers.
Ready to learn more about the beneficial differences between hiring a real estate agent in Chicago and selling your house to a professional buyer like BAM Home Buyers? BAM Home Buyers is happy to answer any questions you may have about what would work best for your home. At BAM Home Buyers, our outstanding professional buyers are ready to help you! Call BAM Home Buyers at (847) 802-8999 today! Send us a message or call BAM Home Buyers at (847) 802-8999 today!