I need to know what is the difference to try to sell my own house with a realtor agent and by my self using the companys (cash for house) the price of the house will be low?, the time to try the sell is long or short?, the amount to pay for the transaccion will be the same? or whatever difference between boths way to try sell my home.
2007-02-03 02:38:19 · 2 answers · asked by Halo 360 1 in Business & Finance ➔ Renting & Real Estate
a good realtor will market your home for market value in your area. cash for home pay usually 50-70% of market value. ie... if your home has a market value of 100000, a realtor will try to get it sold for that or 97-98% of that or 97-98000. cash for your home buyers would only pay 50-70000 for it
2007-02-03 07:19:54 · answer #1 · answered by daniel r 4 · 1⤊ 0⤋
Two factors will influence your decision. If your house is worth less than $200,000, then your realtor fee will be no more than $14,000 (7% is the typical maximum). They will try to get more for your house, but will bring you offers of less than "full market value" and encourage you to sell, so you might sell it for the same price and then pay the fee. In today's market, there is no way they will get you more than "full market value". If you have an offer, I would sell. If you don't have any offers, you have to consider factor number two, which is how much time and money will you put into promoting your house in the market. Without a realtor, you won't be in the Multiple Listing Service (MLS) so fewer people will know your house is for sale. If you don't have an offer, maybe your best bet is one of those For Sale by Owner services; they help you get maximum exposure for a low fee. Good luck.
2016-05-23 23:11:38 · answer #2 · answered by Anonymous · 0⤊ 0⤋