It is always smart to explore your “selling options for your Dallas real estate,” before selling your house. In the latest post from We Buy Houses Cash Dallas, find out if a direct sale, an FSBO or hiring an real estate agent is the way to go for you!
Many people think that the only way to sell their house successfully is to hire an real estate agent and wait around for a buyer. However, this is not the only way to sell. Many people are opting to sell on their own, either using a FSBO listing or selling to a direct buyer, thus eliminating repair costs and commissions. The best way to decide how to sell is to compare the financial aspects and time commitment required for each selling method. Take a look at some basic comparisons below!
A Direct Sale
A direct sale of your Dallas real estate, will help you sell all of your houses quickly and efficiently. While working with We Buy Houses Cash Dallas, will eliminate all selling costs, save you valuable time, let you plan ahead, and help you keep more cash in your pocket. You won’t need to spend any time or money on repairs, upgrades, cleaning or staging etc.
We handle all of the paperwork and we
are able to pay you for your house right away. A traditional sale can take months, where as selling directly to to a professional cash buyer will take only a few days. We will work on your schedule with regard to closing and make the process as simple as possible for you.
Selling On Your Own
Selling your Dallas real estate, on your own will require some real effort on your part. It is wise to have some real estate knowledge under your belt so you can understand all laws and be prepared for the negotiation process. One thing to remember is, everything with real estate is negotiable.
You should understand your local Dallas real estate, market, specifically the raea of town you live in. You shuold also be able to recognize a good offer when it comes to you. With a For Sale By Owner Listing, or an FSBO, you will need to handle all of the marketing, showings and sale process on your own. That does include all the online listings with the multiple real estate web sites, print materials, newspaper ads, open houses, and signage.
You will also need to be able to answer questions with regard to your property and that can and does include legal quesitons. Then you will need to show your Dallas real estate, to potential buyers as requested. That includes setting all the appointments with all those potetial buyers.
If you do find a buyer that does qualify and has the down payment for escrow, you will then need to ensure all of the paperwork and contracts are handled correctly. Many times, if you have a good relationship with the Title Company, they will be happy to help you answer any quesitons from buyers.
When choosing a FSBO listing, it is always smart to speak to a local real estate attorney to make sure everything is done the right way. Most Title companies are either owned or run by an experience real estate attoney, so you will have access to professional help there.
Hiring An Agent
Hiring a local Dallas real estate agent, is a choice for those who don’t mind some upfront costs. Costs after the sale that is, and who don’t have a set time in which they need to sell by. When you put your house on the MLS, you will likely need to do some work to the house so it is competitive with others on the market.
In doing nthis, you must be prepared to do some repair work,or have a contractor complete several repair jobs for you. This expense will add up fast and if you are not prepared for it, is when the hammer comes down. Remember, all Dallas real estate agents will help you find those contractors for a fee. Then you will need to contend with the realtor commissions, only after paying fees.
This can involve professional cleaning, staging, repairs, and upgrades. Once your Dallas real estate, is listed, the agent will schedule showings which you shouldn’t be around for. It can make buyers feel uncomfortable, decreasing your chances for a sale. You will then need to wait to see if an offer comes in.
This can happen in days, weeks, months, or sometimes not at all. If a buyer is found, you will have to go through the escrow process which involves inspections, appraisals, and any other red-tape from the lender. After an offer is accepted, it can be weeks before the property actually closes.
At We Buy Houses Cash Dallas, we want to help you make the decision that is in your best interest. Whether you decide to sell directly, on your own, or with an agent, make sure to fully explore all your options before choosing how to sell your Dallas real estate.
Do you want to learn more about the different selling options for you Dallas real estate? We can help! Contact us today for more information! (214) 723-1304.