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Costs of Selling Your House With an Agent vs. to an Investor in Burnaby, New Westminster, Scott Road, Fraser Hwy, Surrey, Langley, White Rock Centre

The decision to sell your home is a big one; therefore it’s important that you choose the right method of selling.

The old adage is that it takes about three times as long to sell a home via a real estate broker than to sell it privately, even if the market for homes in Burnaby, New Westminster, Scott Road, Fraser Hwy, Surrey, Langley, White Rock Centre is better than it was five years ago. The longer you stay in a disused house, the more wear and tear there will be, and will have negative results on the sale price. If you have given up trying to make the rent or mortgage payments, it may be time to consider the benefits of selling your house fast to Ultimate Solutions. 

Selling your home can be a daunting and stressful process, especially if you’re not familiar with the process or if this is your first time selling. In order to avoid this stress, you’ll want to invest time in learning how to sell your home.

One of the options available to sellers is listing their home with a licensed real estate agent, but there is also another alternative: selling directly to a professional investor. like us at Ultimate Solutions.

Real estate all comes down to the numbers, so it is helpful to understand the differences in the costs between selling your Burnaby, New Westminster, Scott Road, Fraser Hwy, Surrey, Langley, White Rock Centre house with an agent versus to an investor.

Agent – Working with real estate agents can be painful, and they often eat up your time and your money.

Marketing expenses for selling your Burnaby, New Westminster, Scott Road, Fraser Hwy, Surrey, Langley, White Rock Centre house with an agent are part of the listing contract. They outline all of the steps that the agent will take towards selling the home, which can vary significantly by property.

Listing costs will include anything you must do to prepare to sell your Burnaby, New Westminster, Scott Road, Fraser Hwy, Surrey, Langley, White Rock Centre house with an agent. These listing costs could consist of simple cleaning so that it is in ready condition for showings, to significant updates to the home’s interior, appliances, or more. Often, an agent will recommend sellers invest in renovations modernizing the features of a home to meet the demands of technology. Other amenities they may suggest space for two home offices or even the addition of a study area for school-aged children. 

Repairs: As a home seller you are responsible for repairs. If a house needs repairs during the inspection period, you have some options. The lender may just ask that scheduled repairs be kept up to date in the future (like painting or carpeting). Or, it may require you to fix defects prior to closing. This is called a “defect waiver” because any problems will be waived if the defects are corrected before closing.

Mortgage lenders will conduct a thorough inspection of your home to appraise its condition as it relates to the value of the property. If there are any problems discovered that weren’t previously disclosed, it is up to you to correct them before closing. This means any expense for such repairs will come from your pocket.

Staging a home is a step sellers can take prior to putting their Burnaby, New Westminster, Scott Road, Fraser Hwy, Surrey, Langley, White Rock Centre house on the market. The costs associated with staging can vary depending on the scope of work. Staging a home can cost you upwards of $3,000.

While some sellers elect to cover the extent of staging costs themselves, it’s also common for sellers to recoup these expenses through special credits from real estate agents and through seller concessions offered by home sellers.

Advertising expenses should be discussed and agreed to before signing the contract when selling your Burnaby, New Westminster, Scott Road, Fraser Hwy, Surrey, Langley, White Rock Centre house with an agent. These costs include professional photography for the high-quality images buyers have come to expect as they search listings online and professional drone pilots to provide 360-degree virtual tours.

Commissions are paid for professional services provided, including marketing, paperwork, arranging for inspections, appraisals, and doing all of the footwork to bring a buyer to the door and finally the closing table when selling your Burnaby, New Westminster, Scott Road, Fraser Hwy, Surrey, Langley, White Rock Centre house with an agent. You can expect to pay a total of around 6 percent of the sales price in commission. 

Holding costs for the duration you have listed your Burnaby, New Westminster, Scott Road, Fraser Hwy, Surrey, Langley, White Rock Centre house with an agent can quickly add up, especially if you have had to relocate.

We provide sellers with a 3 easy step way to sell houses directly. We pay you a fair market value without listing with agents.

See what is the best price we can offer you before listing with agents who may not be able to sell your house as fast as your expectations. We buy houses in foreclosure, short sale, or those in divorce. In that case, the longer that the listing lingers on the market, the more monthly payments for the mortgage, insurance, and taxes, and all of the utilities you will continue to carry.

Investor – Sell your house in 3 easy steps – Sign, Sell, Move Out

An investor has none of these expenses! And because investors pay cash and buy your house as-is in most cases, you can close fast, sometimes in a matter of days!

With little closing time to worry about, it is easy to see how selling your Burnaby, New Westminster, Scott Road, Fraser Hwy, Surrey, Langley, White Rock Centre house to an investor like the professionals at Ultimate Solutions saves you time and money! Ready to sell your Burnaby, New Westminster, Scott Road, Fraser Hwy, Surrey, Langley, White Rock Centre house? Call Ultimate Solutions at +17787444277 or send us a message today!

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Welcome ! We are your Real Estate Solution. We are a family business serving sellers in Lower Mainland British Columbia We work with home sellers who own houses that need TLC or Simply want to sell without all the long winded hassles. Our passion today is to help you find your ultimate solution.

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