Even in a seller’s market, it’s smart to look at your options and see what will actually help you best reach your goals with the sale of your house. For Sale By Owner Auctions is different than traditional agents or house buyers because we have more options than most! Because we are real estate investors and work with licensed, reputable agents, we can offer more options to help you reach your goals when selling your house. Dive into the details below to compare your options.
Selling With An Agent | Selling To An Investor | SOLD To For Sale By Owner Auctions | |
---|---|---|---|
Commissions / Fees: | 6% on average is paid by you, the seller* | None | $399.00 fee to use our marketing services. NO fees/commissions if you sell directly to us for cash |
Who Pays Closing Costs? | 2% on average is paid by you, the seller | Investor | You pay standard closing costs if you list your home; you pay NO closing costs if you sell directly to us for cash. |
Inspection & Financing Contingency**: | Yes, sales can fall through | None | Much lower risk of the final sale falling through |
Appraisal Needed: | Yes, the sale is often subject to appraisal | None | Subject to appraisal if listing on the market, but we make cash offers, too! |
Average Days Until Sold: | +/-91 Days | Can close in as little as 7 days | 7-10 days for auction bidding, Standard time on the market, or IMMEDIATE CASH OFFER from our company |
Number of Showings: | Varies | Varies | 1 (Just Us) if you sell to us for cash, 2 if you use our services |
Closing Date: | 30 to 60+/- days after accepting the buyer’s offer | Usually the date of your choice | The date of YOUR CHOICE |
Who Pays For Repairs? | Negotiated during the inspection period | Investor | We pay for all repairs if selling to us for cash |
**An inspection contingency lets the buyer have time to do an inspection and back out of the sale or negotiate a new price if there are repairs that need to be done. If you can’t come to an agreement with the buyer, the buyer has the right to back out of the sale. Similarly, a financing contingency gives the buyer the wiggle room to back out of the purchase if they can’t obtain a loan or if the home doesn’t appraise for the value that the bank needs to close the loan.
Here at For Sale By Owner Auctions, we don’t use bank financing so you don’t have to worry about our ability to close on a deal.
Work The Numbers And See Which Way Helps You Get There…
When you really work the numbers you start to see the real benefits that each way of selling your house offers.
Here at For Sale By Owner Auctions, we will work with you to determine which approach is best for your goals. We can either make you an immediate cash offer, or we can put our experience and expertise to work and list your house on the market for top dollar.
If selling to us for cash, we won’t be able to offer you full retail value for your house, but we also offer other benefits that the traditional house sale route can’t offer.
Like…
From offer to close and cash in your hand in as little as 7 days.
You can get rid of the headache of that property fast and avoid paying any more utility payments, tax payments, insurance payments, or mortgage payments… you get the drill. If you list your house and wait 90+ days to close, you have to figure in all of the costs of holding that property during the time you have it listed and are waiting to close.
Don’t worry about fixing anything or cleaning your house again and again for buyer after buyer.
We don’t care how dirty your house is (we’ve seen worse!) or how many repairs are needed (a complete fixer? Great! We love projects). We want to make an offer on your house no matter what the condition. This saves you time and money that you can keep in your pocket.
Don’t worry about paying those pesky closing fees (we’ve got you covered).
Because we are a full-service professional home buyer, we make it easy for you. We pay for all of the closing costs! What we offer you is what you get (of course minus any mortgage payoff or other encumbrances on the property). Pretty refreshing, eh?
So when you add up the time you could save by working with For Sale By Owner Auctions, the no-hassle experience, and the money you’ll save on commissions, fees, and holding costs while you wait to sell the traditional route, for many home owners selling to a professional house buyer is the best viable option. And if it’s not, we have you covered there as well!
Is it for you?
See for yourself and get a fair all-cash offer on your house today.
Just fill out the short form below or give us a call at 901-612-2237 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 requesting your FREE house offer below.