Selling your home with a realtor takes its time; it’s expensive, and most commit you to a contract without the guarantee that they will be able to sell your home. It’s normal to start wondering, “do I need a realtor to sell my house fast?” Well, the answer is no, you don’t. Other ways cost less money and are faster. In this blog, you will learn three ways of selling your home without a realtor, the benefits and cons of each.
You can fly solo and try to sell your home on your own. You can use friends, family, and know people to spread the word around and reach more potential buyers. However, unless you are extremely popular, the waiting time to sell your home may take a few months. Thankfully, technology has made human life more accessible. With the use of apps, you can reach more people without the need for a realtor.
Zillow, Facebook Marketplace, or even Instagram are apps that you can use to promote your house sale. Zillow is an app that allows you to publish your home for sale with the reach of millions of people. Similarly, Facebook Marketplace will enable you to post your home and chat with potential buyers directly. Instagram and Facebook give you the ability to advertise your home for a few bucks. At the same time, you are targeting thousands of people looking for houses.
- Pros: Using apps allows you to reduce real estate costs, ranging from 3-5% of the house sale while still reaching a large audience or listing your house on MLS.
- Cons: When selling your home yourself, you are prone to overprice or underprice your property. It is also challenging to filter potential buyers from scammers, plus the paperwork can be overwhelming.
Selling Your House To Home Buyers
If you are planning to sell your home fast, without paying anything, and without having to pay for repairs, then home buyers are what you are looking for. Homebuyers buy properties in any condition, most of the time for cash. Their time to close deals ranges from a week up to a month. In a few words, this is the fastest and smoothest way to sell your home. There are no more parties involved than the homebuyer and you.
- Pros: Most home buying companies don’t charge any commission nor closing fees. If you want to sell houses fast, home buyers will close the deal within a week. It also means that you avoid the buyer’s financing falling apart, something familiar in the traditional way of selling homes. You also avoid making costly repairs as they buy houses as-is, meaning the house’s exact condition.
- Cons: We wish all things in life weren’t too good to be true, but that’s not the case. Selling your home fast, as-is, and for cash has its disadvantages. Even though home buying companies offer fair prices, the reality is that you are selling your home at a discounted price. If you see it this way, you are paying money for a fast and convenient process while not investing in repairs. Besides that, home buyers are the best cost-effective solution.
Hire a Real Estate Attorney
Hiring an attorney specializing in real estate is more like a hybrid solution to selling your house without a realtor. Real estate attorneys can help you out with the paperwork while you focus on the marketing and sale of your property. Hiring a real estate attorney is more beneficial than most people believe. Hiring them is cheaper than hiring a realtor and can draw up a convenient contract for both parties.
- Pros: real estate attorneys will help you draw up contracts, such as inspection and appraisals while detailing the sale price and the closing date. With their experience, they can help you determine the proper clauses, help you resolve disputes, and prevent you from being scammed.
- Cons: the disadvantage of hiring a real estate attorney is that you can’t expect the attorney to know about the real estate market or know how much your property is worth. A real estate attorney is there to help you with paperwork, but not much else. The marketing, talking to potential buyers, and presentation are still part of your hard work.
Fast House Buyers Waiting For Your Call!
If selling your house fast is what you’re looking for, then Fast House Buyers is the solution for you. We are a home buying company in San Antonio, TX, and surrounding areas, willing to buy your property for cash. No fees, no closing costs, just more money into your pockets in less than a week. Contact us today to start a new stage of your time, this time next week.