When the time comes to make the decision to sell your home, you’ll find yourself faced with a multitude of choices, and the next question that arises is: “What are the options available for selling?” Selling your home constitutes one of the most significant financial transactions in your lifetime, and the method you choose can have a profound impact on your financial outcome. The suitability of a conventional listing on the MLS for your home in the Ohio real estate market isn’t guaranteed, as not every property is an ideal fit, and not every seller possesses the necessary time, funds, or inclination for this approach.
While a direct sale might not be your initial consideration, for some homeowners, the advantages it offers may outweigh those of a traditional listing. It would certainly be beneficial to determine which option is best suited to your specific situation. If you’ve decided that it’s time to sell, continue reading as we delve into four key factors to compare when making the choice between a listing and a direct sale for your Columbus home.
Convenience
When making the choice between a conventional listing and a direct sale for your home in the Buckeye State, one significant aspect to consider is the level of convenience provided by each sales method. Hybrid agent investors, such as the experts at Homesmith, can help you understand the processes involved in both options, allowing you to weigh whether the convenience of a direct cash sale outweighs the potential additional profits from listing with a traditional agent.
The hybrid agent investors affiliated with Homesmith offer a versatile approach to meet your needs. If you opt for a listing, your hybrid agent investor, acting as a real estate agent, will manage the entire transaction. They will bring in professionals to market your property, ensuring it is showcased on prominent real estate platforms. On the other hand, if you decide on a direct sale, your hybrid agent investor will act as a professional investor, working closely with you to facilitate the direct purchase of your property. This dual role provides you with the flexibility to choose the method that best aligns with your priorities and convenience.
Expenses
When contemplating the choice between a conventional listing and a direct sale for your home in Ohio, it’s imperative to thoroughly evaluate the associated expenses. Hybrid agent investors, such as the professionals at Homesmith, place a premium on transparency to equip you with the necessary information for making a well-informed decision.
The hybrid agent investors affiliated with Homesmith go to great lengths to elucidate their cost breakdown, leaving no room for ambiguity. They meticulously outline the calculations behind their commission, fees, marketing expenditures, and potential holding costs when acting as your agent in a listing scenario. This clarity empowers you to have a comprehensive understanding of the financial aspects involved in a traditional sale.
Conversely, when you collaborate with your hybrid agent investor from Homesmith for a direct sale, you can sidestep various expenses. In this case, there are no commissions or hidden fees, no marketing costs to shoulder, and you won’t even be burdened with closing costs. This financial transparency underscores the cost advantages of opting for a direct sale with Homesmith.
Timeline
It would help if you also compared the time until your deal closes when deciding between a listing and a direct sale for your Ohio home. As a real estate agent, your hybrid agent investor from Homesmith will advise you of the current average days on the market. Here is what Redfin.com says about a typical timeline when listing with an agent. On the other hand, acting as a direct buyer, your hybrid agent investor from Homesmith can provide a guaranteed closing date when you make a direct sale, typically within just days. Or, if there is a specific calendar date you need to move, talk to your hybrid agent investor from Homesmith about making arrangements.
Prep and Repairs
When faced with the decision between a traditional listing and a direct sale for your home in Ohio, it’s crucial to consider both the financial and emotional costs associated with the necessary preparations and potential major repairs. In the realm of listing your home, first impressions are paramount, and this often involves investing in enhancing your home’s curb appeal by refreshing exterior paint, landscaping, and lighting to make it more inviting to potential buyers. However, embarking on substantial repair projects can be a daunting prospect, particularly if your home is not brand new or in near-perfect condition.
Many sellers grapple with concerns about the hidden expensive surprises that may lurk behind the walls, beneath the roof, or under the floor, leading to restless nights filled with anxiety over the impending inspection process. It’s at this juncture that hybrid agent investors, such as those at Homesmith, specializing in acting as professional investors, offer a valuable advantage. When you opt for a direct sale with them, you can sell your home in its current as-is condition, bypassing the need to undertake costly and time-consuming repairs. This approach affords you peace of mind and eliminates the emotional and financial burdens associated with prepping your home for sale, making the decision to sell a more streamlined and less stressful process.
Homesmith Can Buy Your Property Fast
Hybrid agent investors like those at Homesmith are local professionals who will help you compare all the pertinent details when deciding between a listing and a direct sale for your Ohio home. Talk to one of the hybrid agent investors at Homesmith today about your home and circumstances without obligation.
Our goal at Homesmith is to help you find solutions, offer convenience, and help you make the most profit on selling your Ohio home while meeting your needs. You can work with your hybrid agent investor from Homesmith acting as a real estate agent to list or make a direct sale to your hybrid agent investor from Homesmith acting as a professional investor. Or, the hybrid agent investors at Homesmith bring a third option to the table, a hybrid combination of both, where you partner with one of the hybrid agent investors at Homesmith to fix your home and then list.
At Homesmith, you’ll work with a local full-service in-house team of industry specialists, including everything home sellers need to make the process quick and easy. Call Homesmith at (614) 401-3651 or toll free at (877) HOMESMITH.