When it comes to selling a house in Minneapolis MN, hiring a real estate agent is the number one option that most homeowners turn to. Why you may wonder? Well, the answer to that question is actually quite simple. It’s tradition!
For many decades now, real estate markets throughout the country have operated primarily through middlemen. These middlemen, who are usually real estate professionals such as agents, brokers, or realtors have served as the primary for both buyers and sellers to interact with each other on the open market. As such, by hiring a real estate agent when selling your house, you can expect him or her to list your property for sale and find buyers the traditional way. However, in some circumstances, this may not be the most efficient option.
Real estate professionals require both time and money to effectively do their job. As such, in addition to the hefty cost of real estate agent commissions, you’ll also have to be prepared to wait the 46 – 70 days required (which is how long it takes to sell a house typically). Ans in some cases, these harsh demands of the traditional home sale possible may not be possible. This is where opting to sell your house directly to a company like FastPath Home Buyers at no additional cost, and with the deal closing in less than 7 days, can be a great option.
Below, we are going to show you 5 situations that may make you want to sell your house directly to a company like FastPath Home Buyers vs. working with a Minneapolis real estate agent. For more information, you should also consider learning about 5 reasons why you shouldn’t rush into hiring an agent.
5 Situations That Would Prefer Direct Sale Over Hiring a Real Estate Agent in Minneapolis MN
Read on to discover the top 5 situations that require traditional sale over hiring a real estate agent.
Have you suddenly learned that your dream house is about to hit the real estate market? Should you find yourself in a situation where you need to sell quickly in order to buy a new home, you may want to sell your house directly, instead of opting to work with a real estate agent. Selling directly means a guaranteed closing date. This will allow you to scoop up the deal in a timely fashion. However, traditional listings do not come with this promise.
Inheriting property is another situation that may require you to sell your house directly vs. working with a Minneapolis real estate agent. If you do not want to live at your inherited house, it is highly likely that your inheritance will simply be another burden. This can be a very emotional time as well. If you’ve lost a loved one, you may desire to move on from the property. And quickly too. Direct buyers will help you with the paperwork and make the process that much easier.
Are you buried alive under a huge pile of outstanding bills? If so, this is a situation that may make you want to sell your house directly vs. working with a Minneapolis real estate agent. Before you choose the traditional method, make certain that you fully understand any fees or commissions a real estate agent has included in the terms of the agreement you sign with them. You may be agreeing to prep the property in any manner they deem necessary to sell the house, despite the fact you are already sinking in debt. Additionally, you will need to spend money on advertising and a variety of other possible expenses, such as staging, before your home is ready to be listed.
Living under the threat of foreclosure is a stressful and tragic situation. In this specific case, you’ll definitely want to sell your house directly, instead of working with a Minneapolis real estate agent. With a direct sale, there is little stress involved. You’ll also be certain to beat your looming deadline. This is because, unlike with an agent, a direct sale means a firm closing date. In addition, you won’t need to spend another penny on the property when you choose a direct sale. Companies like FastPath Home Buyers accept houses “as-is”.
Older properties may have fallen into a state of disrepair due to physical or financial constraints. However, unfortunately for a seller in Minneapolis MN, the frequency and expense of these repairs only increase over time. Should you find yourself in this situation, you may want to sell your house directly vs. working with a real estate agent? Selling your house through the traditional method of listing with an agent could include thousands of dollars in repairs. In addition, you’ll also have to worry about paying for inspections and appraisals. However, professional buyers buy your property “as-is”.
Are your troubles making you lose sleep at night? Whatever your situation, you can stop worrying. Eliminate your concerns through a direct sale to FastPath Home Buyers. We buy houses in Minneapolis MN, and throughout the greater state of Minnesota. When you sell directly to our company, there are no showings, open houses, or negotiation processes to worry about. The price FastPath Home Buyers offers is what you will receive at closing. Just pack what you want and leave the rest behind. To learn more about us and what we can offer you, give us a call today at (612) 351-2384 or fill out the short form below!
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