You might not be aware, but there are multiple ways to sell a house in Chicago, including a direct sale. While many people immediately seek the help of an agent, there are other, more cost-effective methods to sell your house. For example, you could choose to carry the note yourself or opt for a direct sale without involving an agent, which is exactly what we’ll be covering in our latest post!
As mentioned earlier, there are numerous ways to sell a property. In certain cases, opting for a listing emerges as the most logical approach, while in others, a direct sale proves to be the wiser decision. So, what will you choose? It’s crucial not to commit to any agreements or finalize a sale before you fully grasp the potential implications of a direct sale in your unique circumstances.
The Commission Factor
When you opt for a direct sale to a company like Heartland Funding Inc., you can skip the concern of giving away 6% of the sale price in commissions. This translates to saving thousands of dollars right away through this direct approach. Furthermore, you won’t encounter any agent fees, marketing expenses, listing charges, or photography costs. Collaborating with a direct buyer usually involves selling the property in its current condition, allowing you to retain the funds that would have been spent on advertising.
No Clean-Up Or Repairs
If you’re planning to sell your house in Chicago, it’s essential to spruce it up before putting it on the MLS. Even minor issues can significantly reduce how much potential buyers think your home is worth. Fixing things up and giving your house a fresh look might require a bit of spending, though. The costs of repairs and touch-ups can quickly add up, and you’ll need to factor in expenses for cleaning, maintaining cleanliness, storing personal belongings, and decluttering. If you’re considering staging, remember that you might need to purchase some items for that too. While these expenses can eventually pay off in the long term, it’s crucial to think them through carefully before officially listing your home for sale.
Your Terms
When partnering with a company like ours to sell your house, you have control over the closing date. Our ability to swiftly purchase properties means you won’t need to wait for a buyer. Conversely, we won’t pressure you to rush the closing. We understand that selling and moving can be stressful periods, which is why we’re committed to a straightforward process.
Opting for an offer from Heartland Funding Inc. puts you in charge of selecting the most suitable date. The advantage is that you won’t need to fret about the sale falling through, a concern often associated with traditional sales relying on bank financing. With a direct buyer, immediate funds are at hand, ensuring a seamless transaction.
A Fast Sale Will Save You Money
In straightforward terms, the longer you hold onto your house, the more money it drains from your pocket. Savvy investors are well aware of this, which is why their main aim is to swiftly sell the properties they’ve acquired. By opting for a direct sale, you could spare yourself months of both wasted time and money. In fact, you might be shelling out more for your residence than you even realize. On top of that, there’s the ongoing monthly expense of utilities, homeowners insurance, and property taxes that you remain responsible for right up until the day of the sale. Additionally, regular upkeep expenses also chip away at your finances. If you’re currently covering costs like pool maintenance, pest control, or landscaping, those financial burdens will be instantly lifted once the sale is completed.
A Direct Sale Offers Guarantees, While A Listing Does Not
Buying and selling properties can be quite an uncertain endeavor. Each day witnesses numerous deals falling apart. Banks frequently extend the loan funding process beyond anticipated timelines. When you put your property up for sale, you essentially find yourself in a state of limbo until the final signing of the closing documents. An agent possesses the ability to list your house at any price you desire, even if that means inflating the price to lure you into a listing agreement. Unfortunately, there’s no assurance that you’ll secure the price you’re aiming for when listing your house in the Chicago market. However, with a direct sale, you gain the advantage of knowing both the precise date and the exact amount you’ll be walking away with. This knowledge empowers you to plan ahead without the burden of uncertainty!