Selling your home in Sarasota can be a challenging and overwhelming task, especially if you lack intricate knowledge about the real estate market, contracts, and laws. There are numerous options available, and it can be hard to determine the best approach. Recently, some homeowners have chosen to sell their homes directly to buyers instead of working with a real estate agent. This method eliminates intermediaries, which can save you both time and money. Here are four ways that selling your house directly to a buyer, like Burson Home Advisors, can simplify the sale of your home.
1. Avoid Repairs
Selling your Sarasota property to a direct home buyer relieves you of the responsibility of repairing or upgrading your house before selling it. Direct buyers (or investors) are usually interested in homes that require work and are prepared to take on the necessary repairs themselves to reduce the sale price. This is a great benefit for homeowners who are unable to make the necessary repairs due to a lack of time, money, or expertise. Burson Home Advisors offers the added benefit of not just purchasing homes that need repair, but can they can provide debt relief, tax benefits, and also purchasing options that most investors will not offer, which provides you a higher price for your home!
Conversely, if you collaborate with a real estate agent in Sarasota, it is possible that they will suggest that you perform repairs and enhancements on your property before they can put it up for sale. This could potentially cause a considerable amount of inconvenience, as it may prolong the selling process and result in a substantial financial loss. Several homeowners may feel disheartened about spending money on a property that they plan to sell, particularly without any assurance of a profit.
2. Close Faster and on Your Time Frame With a Direct Home Buyer
Selling your home to a direct home buyer in Sarasota, like Burson Home Advisors, has the additional advantage of a quicker closing process. Direct buyers allow you to close the sale within a few weeks rather than months. This is due to the involvement of fewer parties in the transaction, resulting in less paperwork and fewer delays. Burson Home Advisors does not mandate standard bank financing to complete a deal, and we have funds readily available to buy and close right away. You can rely on us to provide a fast, hassle-free experience.
On the other hand, collaborating with a real estate agent during the closing process may take a longer time, usually lasting several months. The reason for this is that the agent needs to prepare your home for market, promote your property, search for potential buyers, and negotiate with them on your behalf – and coordinate with inspectors and mortgage lenders. These procedures require a significant amount of time, and there is always a possibility that the buyer may withdraw from the deal at the last minute or have their financing fall through. Although there may be occasional instances of a direct sale on the MLS, the general expectation is that the process will take longer when working with a conventional buyer and a Sarasota real estate agent.
3. No Fees. No Commissions.
In Sarasota, selling your home to a direct home buyer, such as Burson Home Advisors, does not entail any payment of commissions or fees. This can result in substantial cost savings since real estate agents typically levy a commission ranging from 5% to 6% of the selling price, which can amount to thousands of dollars. For homeowners who anticipate receiving more from the sale of their homes, such fees can be a significant financial burden.
Furthermore, aside from the commission paid to a real estate agent, there are other expenses that may be incurred, such as expenses for marketing, staging and closing costs. These additional fees can accumulate rapidly and can considerably diminish the net profit from the sale of your property.
4. Have Control Over the Sale of Your Home
By selling your house to a direct buyer, you can exercise greater authority over the sale. This is due to the fact that you will be transacting directly with the buyer, without any intermediary involvement. Consequently, you can potentially negotiate the terms of the sale, such as the final sale price and the closing date, with the buyer.
When you sell your Sarasota house to a direct buyer, you have more control over the sale process because you are dealing directly with the buyer without any middlemen involved. This gives you the opportunity to negotiate the terms of the sale, like the final sale price and the closing date, directly with the buyer.
Opting to sell your home directly to a buyer can streamline the home-selling process in multiple ways. You can avoid making repairs, expedite the closing process, eliminate commission and fees, and retain more control over the sale. If you’re contemplating selling your home in Sarasota or its neighboring regions, it’s advisable to contemplate this alternative as a means of simplifying the process while also cutting expenses. Give Burson Home Advisors a call today to learn more about the process and what we can offer you! 941-241-1632