REAL ESTATE AGENT VS. SPS HOMES
|Hiring An Agent|
|Commissions / Fees:||Real estate commission will run you about 6% of the final sale price||$0 – We charge nothing|
|Who Pays Closing Costs?:||The seller can pay up to 2% in closing costs||$0 – We pay all closing costs|
|Inspection & Financing Contingency*:||Required by lenders – and up to 15% of sales fall through||Not required – We buy as is|
|Appraisal Needed:||Yes, sale is often subject to appraisal||Not required – We have the funds available to pay you now|
|Average Days Until Sold:||+/- 91 Days||We will make you an offer right away|
|Number of Showings:||Unknown||Only us|
|Closing Date:||It can be several weeks after an offer has been accepted||Whenever you choose|
|Who Pays For Repairs?:||Negotiated between the buyer and seller after the inspection||We do|
Closing Cost can make a huge dent on your profit. Usually sellers pay in between 2% and 5 % of the sale price in closing fees. If you sell your house for 250K you will be paying anywhere around 5K-12.5K in closing fees. SPS Homes pays for all buyer and seller closing cost. That means you spend $0 on closing cost!! That means more money in your pocket.
So once you’ve already chose a listing agent, filled out paperwork, done repairs, shown your home, gone through offers, you may still have to wait 30-60 days on average for the sale to close. The selling process from start to finish usually takes many months. Selling to us is a quick and easy process. We’ve closed on properties in as little 7 days. That’s from start to finish, cash in your account in 7 days!
Sales are usually subject to appraisals. The offers you recieve are subject to an appraisal meaning the buyers may want to renegotiate their offer and require you to do costly repairs once the appraisal is completed. We don’t use appraisers. We do our own due diligence and make you an offer that sticks.
Making a good impression on buyers includes decluttering, cleaning, removing pets, and making all the necessary repairs. Some people even go as far as to hire a professional stager which can make a great difference, but is ultimately another cost. Selling to an us means we’re buying the property in AS-IS condition. We do not require to make any repairs or even clean out the property (inside or outside).
Inspection and Financing Contingencies
Inspection and Financing Contingencies are the biggest reason why sales fall through. For buyers to obtain the loan, the house needs to be in a sellable condition. If the property needs repairs the buyers financing most likely will not be approved. We do not need inspections because we do not need a loan to buy your house. We buy with Cash so you don’t have to worry about our ability to close on a deal.
When listing your house with a Real Estate Agent you’ll have to get used to keeping your house clean and show ready. If you have pets often times you’ll have to make other arrangements for them. Get used to weekend Open Houses, and people walking in and out of your house. When selling to us you only need to show your house once, just to us. We take a look and make our best offer and that’s it!
GET A FAIR CASH OFFER
Just fill out the short form below or give us a call at 800-220-2236 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 giving us a call and requesting your FREE house offer below.