Is It Better to Sell for Cash vs. Hiring an Agent When Selling Your House in Massachusetts?


The Covid pandemic has changed just about everything—am I right?

If you are thinking about selling your house right now – you might be scratching your head a little bit.  You may be wondering about which is the better option, a direct sale vs. hiring an agent when selling your house in Massachusetts. Life events can change your housing situation, at times despite your wishes. One of the major factors you need to look at is the amount of time required until closing. The time for either option is just as much of a consideration as the effect each has on your finances. 

buy-home-during-coronavirus
source: Realtor.com

Am I Prepared for People Marching Through My House?

You’ll need to ask yourself if you are willing to make yourself and anyone else in your household invisible, while keeping your home spotless at all times? Despite how much you may wish to sell your house in Lowell, nobody enjoys the hassle of jumping into action and preparing for a showing after a long day at work. Likewise, if your buyer falls in love with your furnishings, they may consider one or several of your beloved possessions as deal-breakers. Along with the agent selling your house, you will need to deal with other agents that represent potential buyers, and those agents will be the ones showing your home. It’s highly likely they’ll call to schedule the appointment during early evening hours during the week, and really at all hours of daylight on the weekends,

If you’d like to avoid this inconvenience altogether, you may be happier with a direct sale, you won’t need to remain constantly on top of your home’s appearance or worry about staging. You also won’t have to worry about storing anything you don’t want a buyer to catch sight of and decide they’d like “tossed into the deal.”

Investing More Before Selling

Updates to make your home more attractive on the outside and inside add to the expenses of selling your house in Lowell with a real estate agent. You’ll need to be on top of any necessary repairs. If you don’t pass the inspection which is usually ordered, you could be required to spend even more on repairs in order for the property to qualify for the mortgage loan. Don’t forget, you need to concern yourself with exterior curb appeal and may be advised to cover the additional expenses of staging your interior. You may even be required to cover the costs for professional photography and advertising the property.

When working with a professional buyer, none of the concerns or costs associated with curb appeal or updates will be an issue. Major or minor repairs can be forgotten and worrying in general about your home’s appearance will fly out the window when you sell your house in Lowell  through a direct sale. 

Professional Expenses

Real estate agents charge commissions as well as other charges. Buyers agents nearly always order inspections.inspectors are their fee is usually your responsibility as the seller. Appraisers and those handling closings charge fees as well, all adding to the cost to sell your house in Lowell. 

Making a direct sale commonly means that there are no commissions and no inspections, repairs or even the initial investments involved in updates and making the overall appearance of the property appealing.

Delays 

Due to the nature of traditional listings, there is no ETA on the closing when selling your house in Lowell through a real estate agent. Additionally, depending on the buyer’s circumstances, there may be delays in the actual closing date. 

An upside of selecting a direct sale for your property is that you’ll sell your house in Lowell within a short timeframe and there won’t be any delays in closing due to failed inspections or financing issues. 

We’re here to assist you with any questions or concerns you may have about the choice ahead. Call Summit Buys Houses today or send us a message to learn more about a direct sale vs. hiring an agent when selling your house in Lowell. (978) 254-3800

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