Selling Your House? Compare Selling To Summit Buys Houses vs. Listing With A Local Real Estate Agent
Are you ready to sell your house? Take a few deep breaths because the local real estate market has gone a little crazy in the past few years—am I right?
Even in a seller’s market like we have in New England right now, the best move is to understand what your options are. It could prove to be more profitable and much less stressful in the long run. Take a half-hour or so and lay out what will actually help you best reach your goals with the sale of your house.
So, before you jump into selling your house, remember, it pays to compare!
Now you may be able to get a higher “top line” sales price listing with a local Massachusetts real estate agent, but that doesn’t always boil down to more money in your pocket in the end. And it certainly does not mean you have fewer headaches as you navigate through all the steps of cleaning, repairing, open houses, and negotiating.
- Real Estate Agent vs. Direct Sale: Hiring a real estate agent is a common route for selling a house, but it’s important to compare this option with a direct sale to a professional buyer. While an agent can handle the process for you, it definitely comes at a cost, such as commission fees. Consider this – a $500,000 sale on your house requires you to pay a realtor between $25,000 and $30,000 straight off the proceeds of the sale!
On the other hand, a direct sale allows you to sell your house without an intermediary, potentially saving you money. - Listing Price vs. Market Value: Before setting a listing price, it’s crucial to understand the market value of your property. Comparing recent sale prices of similar houses in your area can give you a realistic idea of what buyers are willing to pay. Overpricing might lead to your house sitting on the market for longer, while underpricing could mean leaving money on the table.
Here’s a short and simple comparison chart for selling your property by listing on the MLS and selling directly to Summit Buys Houses;
Dive into the details below to figure out what will help you the most.
| Ask Yourself; | Using A New England Real Estae Agent To Sell Your House | Sell Your House To Summit Buys Houses |
|---|---|---|
| How Much Are Commissions / Fees: | 6% on average is paid by you, the seller. This is $30,000 on a $500K sale that gets taken right off the top at closing! | NONE |
| Who Pays Closing Costs? | 2% on average is paid by you, the seller. That’s another $8,000 that gets taken right off the top at closing! | NONE – We pay all costs |
| Are There Inspection & Financing Contingency? | Yes, sales can and do fall through all the time. After a property inspection, your buyer might decide there are too many things wrong with your house and back out of the deal. | NONE-our offer is guaranteed to close. |
| Is An Appraisal Needed? | Yes, if your buyers have a bank mortgage, the sale is ALWAYS subject to appraisal. | NONE – We make cash offers |
| Average Days Until Sold? | +/- 120 Days – 4 months of waiting. Your buyer’s bank has a lot of paperwork, inspections and procedures. They are in control of the process—not you. | IMMEDIATE CASH OFFER |
| Number of Showings Needed? | It Depends! Normally 10-20 groups of people will be walking through your house at various times during the week. | 1 (Just Us) |
| How Long Until The Closing Date? | 30-60 +/- days after accepting buyer’s offer | The Date Of YOUR CHOICE |
| Who Pays For Repairs? | Negotiated With Your Buyer after their Inspector goes through your property with a fine-tooth comb. | NONE – We pay for all repairs |
Work The Numbers And See Which Way Helps You Get What You Want…
When you really work the numbers, you should more clearly understand the actual benefits that each way of selling your Massachusetts house offers.
Yes, here at Summit Buys Houses we won’t be able to offer you full retail value for your house… but we give you many other benefits that the traditional house sale can never offer you.
Like…
• From our offer to close and cash in your hand in as little as 7 days
You can get rid of the headache of that property fast and avoid paying any more utility payments, tax payments, insurance payments, mortgage payments, you get the drill. If you list your house and wait 90+ days to close… you have to figure in all of the costs of holding that property during the time you have that property listed and are waiting for the property to close.
• Don’t worry about fixing anything up or cleaning your house again and again for buyer after buyer
We don’t care how dirty your house is (we’ve seen worse!) or how many repairs are needed (a complete fixer? great! we love projects)... we’d like to make an offer on your house. This saves you time and money that you can keep in your pocket.
• Don’t worry about paying those unknown closing costs (we’ve got you covered)
Because we are a local full-service professional home buyer here in Mass. and New Hampshire, we make it easy for you. We pay for all of the closing costs. What we offer you is what you get (of course minus any mortgage payoff or other encumbrances on the property). Pretty refreshing eh?
So when you add up the time you could save by working with Summit Buys Houses, the no-hassle experience, and the money you’ll save on commissions, fees, and holding costs while you wait to sell the traditional route… for many area homeowners selling to a professional house buyer is the best viable option.
Is it for you?
See for yourself and get a fair all-cash offer on your house today.
Just fill out the short form below or give us a call at (978) 254-3800 and let’s chat! Our process is simple and you can close on the date of your choice. You have nothing to lose by getting an offer (no obligations – no pressure). But you could potentially lose thousands of dollars or months of your time by not testing us out and requesting your FREE house offer below.
Get Your NO OBLIGATION CASH OFFER Started
We buy houses in any condition. No repairs, no cleaning, no agents, no commissions. Get a free cash offer that you can trust with Profit-Lock™.*An inspection contingency lets the buyer have time to do an inspection and back out of the sale or negotiate a new price if there are repairs that need to be done. If you can’t come to an agreement with the buyer, the buyer has the right to back out of the sale. Similarly, a financing contingency gives the buyer the wiggle room to back out of the purchase if they can’t obtain a loan or if the home doesn’t appraise for the value that the bank needs to close the loan.
Here at Summit Buys Houses, we don’t use bank financing so you don’t have to worry about our ability to close on a deal.