When it comes to selling a home, homeowners often assume that hiring a Dallas real estate agent is the only option available to them. However, there is an alternative worth considering – working with a direct buyer to “sell their home in Dallas.” That can be an individual or a company that purchases homes directly from the homeowner without the need for a real estate agent. Although unconventional, working with a direct buyer can be a better option than hiring a real estate agent in certain situations.
Despite the potential benefits of working with a direct buyer, there are a few misconceptions that homeowners have about this option. In this article, we will debunk six of the most common misconceptions about working with a direct buyer to help you build a portfolio in Dallas.
Misconception #1:
Direct buyers only buy homes that are in perfect condition. That is incorrect, you can sell your home in Dallas, to a direct buyer in any condition.
Many homeowners believe that direct buyers are only interested in purchasing homes that are in perfect condition. However, not only reputable direct buyers, but most are open to buying homes in any condition – some even specialize in purchasing homes that require significant repairs or updates.
More so, many direct buyers say they are interested in buying with more repairs needed than not. In other words, the more repairs needed the better.
Misconception #2:
Working with a direct buyer is less secure than working with a real estate agent. Since 1998, we have worked with many homeowners needing to sell their home in Dallas, to direct buyers such as We Buy Houses Cash Dallas. The risk has always been workign withreal estate agents, not the direct buyers. Finding quality agents is hard to do in a very competitive market like Dallas, Texas.
Some homeowners think that working with a direct buyer is less secure than working with a real estate agent. However, reputable direct buyers are trustworthy and legit, and working with them can be more secure than working with a real estate agent as there are no middlemen involved in the transaction.
Misconception #3:
Direct buyers only offer lowball offers. When homeonwer’s sell their home in Dallas, to a direct buyer, the homeowner usually has an incorrect price mind set. In other words, the homeowner thinks they should get a top dollar price, but the home usually needs a lot of work to bring it to retail code.
At We Buy Houses Cash Dallas, we walk the homeowner through out the home to point out these repairs needed, so that they too know and understand the true value of the home in it’s as-is-condition.
With this, it is easy to say the homeowner may not see the repairs needed after living in the home for decades. Bringing the home up to retail code takes time and money, and many times is usually the reason the homeowner cannot afford to make the repairs them selves.
Another common misconception about direct buyers is that they only offer lowball offers. While some direct buyers may offer lower than expected offers, reputable direct buyers typically offer fair market value for a home, and sometimes even more than what a real estate agent could offer, as they can avoid the commission and fees associated with hiring an agent.
Misconception #4:
Direct buyers are only interested in purchasing homes that are worth a lot of money.
Homeowners sometimes assume that direct buyers are only interested in purchasing high-end homes worth a significant amount of money. However, reputable direct buyers are typically interested in purchasing homes of all values, from starter homes to luxury homes. For direct buyers, the potential for profit on the investment is worth more than the value of the home.
At We Buy Houses Cash Dallas, we like to buy those starter homes, as most first time buyers will be starting out with a smaller home. When we sell a home in Dallas, to a first time home buyer, it’s not even the most expensive home on the block. Simply, a nice smaller home to start they’re family with.
Misconception #5:
Direct buyers are not interested in working with homeowners who are facing foreclosure.
Many homeowners facing foreclosure assume that direct buyers wouldn’t want to work with them. However, reputable direct buyers are often willing to work with homeowners facing foreclosure. Working with a reputable direct buyer can be a good option for homeowners facing foreclosure as it can help them avoid the negative consequences of a foreclosure on their credit report.
With all that said, We Buy Houses Cash Dallas, work with homeowner’s in foreclosure with several different outcomes. What do we bring to the table… using Subject-to current mortgage helps the homeonwer’s credit stay intact. Not using Subject-to current mortgage may hurt the homeowner’s credit. So, when you need to sell your home in Dallas, contact a direct buyer to help you with the different avenues of selling.
There is also a Seller Financing program and a Onwer Financing program to consider. Yes they are tow different programs. Both witll help the homeowner avoid foreclosure and credit troub;es immediately and down the road.
Misconception #6:
Working with a direct buyer is a complicated process.
Finally, some homeowners assume that working with a direct buyer is a complicated process when they need to sell a home in Dallas. However, working with a reputable direct buyer can be a straightforward and simple process. The direct buyer will typically make an offer on the home based on its current condition and market value. If the homeowner accepts the offer, the sale can typically be completed within a matter of weeks.
At We Buy Houses Cash Dallas, I will walk you through the process of selling your home to us, and I will also share with you the Sold Comps in the imediate area of your home. I do this in order to give you a better understanding of why my Cash offer may be different than what the homeowner expected, and tolet you know that I can close in (5) days, pay the closing cost, or closeon your time frame and still pay the closing cost.
Why Working With a Direct Buyer Can Be Better Than Hiring a Real Estate Agent
Now that we have cleared up some common misconceptions about working with a direct buyer, let’s explore why it can be a better option than hiring a real estate agent in certain situations.
Firstly, when you need to sell your home in Dallas, working with a direct buyer can be faster and more efficient than hiring a real estate agent. There is no need to list the home on the market, schedule showings, or wait for potential buyers to make an offer. The direct buyer will typically make a Cash offer on the home on the spot, and the sale can usually be completed within a few days. At We Buy Houses Cash Dallas, we pay the closing cost as well, not the homeowner.
Secondly, working with a direct buyer can be more cost-effective than hiring a real estate agent. There are never any realtor commissions or realtor fees associated with working with a direct buyer, which means that the homeowner can keep more of the proceeds from the sale of their home.
When the real estate agent hires a company to stage the home, contractors to make repairs to the home, or inspectors and appraisors, the real estate agent is paid a fee, and the homeowner does not ever realize it. Is that fair?
We neve charge homeowners any commission or fees for our work, services or repairs.
Lastly, working with a direct buyer can be a good option for homeowners who need to sell their home in Dallas, quickly for any reason. A reputable direct buyer can help homeowners avoid the negative consequences of a foreclosure on their credit report and can provide a fast and easy solution for those who need to sell their home quickly.
Working with a reputable direct buyer can be an excellent alternative to hiring a real estate agent when selling a home. By dispelling some of the common misconceptions about working with a direct buyer, homeowners can make an informed decision about the best way to sell their property. If you have a house you need to sell, We Buy Houses Cash Dallas, can help you find the best option for your situation. Reach out to us today to learn more, (214) 723-1304.
