5 Reasons Why It May Be a Mistake to List Your House With a Metro Detroit Agent

5 Reasons Why It May Be a Mistake to List Your House With a Metro Detroit Agent

If you’re considering to work with a realtor, you may find yourself walking away from the closing table with much less cash in hand than you had anticipated. Unfortunately, it’s not as simple as sticking a sign in the yard and calling it sold. There is a great deal of preparation and expense involved in listing a home on the market; at minimum, you’ll likely need to add a fresh coat of paint and update any out-of-style decor. Staging your home using neutral tones and removing any personalized belongings is also recommended. In addition, professional digital photography is now the standard because marketing in today’s market requires high-quality photos to attract buyers as they scroll by listings online. 

Once you’ve done all of your prep work, it’s time to sit back and wait for the showings, pack up your kids, hide all evidence of any pets, and find entertainment for your family outside of the house when your real estate agent calls and wait for the right and qualified buyer to appear. If the outlay of funds before the sale and the long, drawn-out listing process doesn’t sound exciting, read on as we explore five reasons why listing your house with an Metro Detroit agent may be a mistake.

Unrealistic Price

Often, homeowners set an emotional value on their property and believe it’s worth more than the current market value. It may be a mistake to list your house with an Metro Detroit agent if the agent agrees with the price you might think the home is worth instead a realistic number. If it sounds too good to be true, it is. Unfortunately, you learn too late with these agents as this arrangement often changes after the listing is lingering on the market and the agent begins asking for a price drop as a fix. The problem with this scenario is twofold, more time on the market means a lower final sales price, and an agent shouldn’t do everything you say and do; remember, you’re paying for their expertise to guide you. On the other hand, by working with a direct cash buyer from Fast Home Offer Guys, you’ll see what you’d earn from listing your home versus our offer, which you’ll agree is fair. We do this at Fast Home Offer Guys because we believe you should know all the numbers upfront to decide which sales method is best for you and your family, and [direct buyers] never charge commissions, and there are no hidden fees.

Repairs

When you add up the listing costs and closing costs it may be a mistake to list your house with an Metro Detroit agent if you haven’t ensured that you‘ll easily pass the home inspection part of the sales process and appraise at value, both requirements for your buyers to qualify for the mortgage. Unless your home is brand new or in like-new condition, you may find yourself paying thousands out-of-pocket and quickly depleting the money you were counting on from the sale of your home. Another reason houses may remain on the market for many days is if there are obvious signs of the property being in a state of distress in the listing pictures. Buyers seek homes in ready-to-move-in condition, so they are likely to be at bargain prices if you get offers from your listing. Lowball offers can be very upsetting for sellers that do not have a realistic idea of the current market value of their home in its present condition. As an alternative, a direct buyer from Fast Home Offer Guys will buy your home for cash; as-is, we’ll take all of the risks of repairs onto our shoulders so you can move on with your life. 

Quick Sale

If you’re counting on a quick sale, it may be a mistake to list your house with an Metro Detroit agent. One thing a listing agent cannot provide to you is a closing date guarantee. Therefore, they cannot even promise that your home will sell. Add to these delays the possibility of issues with your buyers failing to qualify for a loan or backing out of the deal if they are not satisfied with the home inspection. With our full-service team of professionals at Fast Home Offer Guys, we can move quickly from making the offer to the inspection and often sit down at the closing table in as little as seven days. When you sell directly to Fast Home Offer Guys, we have the flexibility to set the closing date when it’s most convenient for you.

If you’d rather skip the listing hassles and save the commissions and closing costs, it may be a mistake to list your house with an Metro Detroit agent; a direct buyer from Fast Home Offer Guys may be just the right solution you seek. Why not find out how Fast Home Offer Guys can help you with a no-obligation consultation? Our goal at Fast Home Offer Guys is to make it easy for you to earn the highest profit on the sale of your home. Call Fast Home Offer Guys at (248) 590-3040.

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