Are you ready to sell your house, but don’t want to pay commissions, fees and all of the other costs associated with using a real estate agent? Instead of listing your home perhaps you should consider For Sale By Owner or FSBO. Don’t get me wrong, I work with real estate agents all of the time, but sometimes you need to sell you house fast for various reasons – expensive repairs, inherited property, relocation, divorce, tax liens, code violations – reasons that make selling with a real estate agent challenging.
Below I’ve listed several advantages for going the FSBO route because sometimes selling your Maryland house directly is simply the best option that puts the most cash in your pocket.
No Repairs & No Renovations Needed
To list your home with a realtor and get top dollar for your house, you often need to spend major dollars on repairs – kitchen renovations, new flooring, HVAC upgrades, new roof, new windows, even new electrical and plumbing. This adds up to big homeowner cost just to get your house to the level often required by a realtor. Plus, you will spend additional money on inspections and appraisals – thousands of dollars. And let’s face it, in 2021 a kitchen that hasn’t been upgraded since 1979 isn’t going to attract many traditional home buyers. Neither is shag carpeting in the living room.
No Cleaning Required
Cluttered homes and hoarder homes require extensive cleaning to sell for the best possible price. Why not sell direct to a cash buyer, pack what you need and forget the expensive de-cluttering. A real estate agent will want all surfaces and furniture free from debris to show your property whereas a cash buyer won’t care. And let’s not forget about the costs associated with cleaning and/or packing stuff you don’t want to keep anyway.
No Closing Costs or Realtor Fees
It is easy to save money when you sell your house directly to a cash buyer in Maryland. Taking this approach will eliminate most of the fees associated with traditional closings. Most cash buyers will cover your closing costs at settlement, plus eliminating the real estate agent from the equation will also mean no realtor fees, sometimes as high of 6% of purchase price. Plus, there will be no appraisal or inspection fees that you need to be responsible for paying. If you want to see the process for selling direct to a legitimate cash home buyer, just check CLICK HERE
Save on Marketing
The bottom line is that you can’t sell your home without marketing it to potential buyers. But selling the traditional way will require time, money, and effort. You will need perfect pictures, you need to keep it clean at all times as strangers walk through and you will likely need to hire a real estate agent. Selling FSBO eliminates the need for expensive and time consuming marketing.
Monthly Costs Eliminated
There are myriad monthly costs associated with owning a home and they get compounded if you are already moved out and handling things from a distance. These costs can run into the thousands of dollars. What are these expenses? Well, taxes, mortgage, insurance, utilities, and maintenance are the big ones. Plus it’s possible you are in a tax line situation or already behind on mortgage payments. If you are in any of these situations, an aging house is sucking your finances, dry. The easy solution is to cut those expenses ASAP and sell directly to a cash buyer, who will offer you fair as-is value for your home.
If you are having trouble selling your house in Maryland for any reason and are looking to save on big on any of the expenses listed above, I highly recommend selling FSBO to a legitimate cash home buyer. In fact, give me a call at (240) 424-0423 or visit www.webuymdhomes.com if you want me to give you an accurate, fair no obligation offer on your house. If I can’t make a reasonable offer, I will find a solution for you.