Ready to sell your house in San Antonio or anywhere in the surrounding areas? You have the choice to sell through an agent or sell it yourself to an investor. Before you decide, learn more about the pros and cons of hiring an agent vs. selling to an investor in San Antonio!
What many people don’t realize, is that there are many ways you can go about selling your home. You are not required to hire an agent, pay commissions, or even clean up. In some situations, an agent is great. While in others, a direct sale to a private buyer or investor is the better choice. Keep reading to learn about the pros and cons of hiring an agent vs. selling to an investor in San Antonio!
Agent Pros
Potentially Higher Sale Price
When you work with a San Antonio real estate agent, there is a chance you will receive a higher final sale price than if you would have sold directly. This is due to increased exposure and the opportunity to tell more people about your house. Keep in mind, your costs will also be much higher, so run the numbers ahead of time to find out if listing really is the right choice for you.
You have to run all the numbers when looking at an offer. A higher sales price is a good thing but you have to factor in agent commissions, closing costs, repair requirements, and everything else before you decide if the offer is actually the best for you.
Handling The Details
When you work with a professional and qualified real estate agent in the San Antonio area, they can take care of all the paperwork, showings, and marketing of your home. This can be very helpful when you want more of a traditional listing and you are not comfortable handling these types of things.
If you were to choose a For Sale By Owner listing you will have to handle these things on your own. With a direct sale to Sell My San Antonio House, you don’t have to handle anything on your own and we will handle all of the details too!
Agent Cons
Cleaning & Showings
Putting a home on the MLS requires it to be thoroughly cleaned before it is put on the market or seen by any potential buyers. Cleaning is never fun but it can be especially daunting if the home hasn’t had a deep cleaning in some time and now you have to keep it clean for every showing. In many cases, you will need to hire a professional cleaning company or rent special equipment for things like carpets and sidewalks.
Having people walk through and inspect your home can be a stressful experience and at a minimum is sure to interrupt your daily life. Having to leave time after time so that potential buyers can walk through your home is not something that everyone is comfortable with.
Extensive Expenses
Not all agents are full service, leaving you with a laundry list of expenses to take care of. Some agents will only list the property, leaving you to handle the marketing, showings, open houses, printed materials, signage, and administrative costs. While this is included in some agent’s commissions, in other cases, it is not.
When you sell with an agent, both the agent and buyer will usually require that you make certain repairs to the property. These repairs can quickly add up to thousands of dollars that are coming out of your pocket.
Selling Can Take Months
When you work with a San Antonio real estate agent, there is no guarantee if, or when the property will sell. In some situations, the house can sit on the market for a long time. This leaves you with the insurance, property taxes, mortgage, and utility bills for many months to come.
Holding costs are a very real expense but if you need to move by a certain date, the holding costs can nearly double when you are facing the idea of having to pay for two houses while you are waiting for one to sell.
Investor Pros
A Fast Sale
When you sell your house directly to Sell My San Antonio House, you’ll be able to sell the property in days, not weeks or months. This can potentially save you thousands in holding costs. You will no longer need to pay for utility costs, homeowners insurance, property taxes, repairs, routine maintenance, and all the other expenses that come along with being a homeowner.
You can pick the day that you want to sell. This can be in a few days or a few months, whatever is best for you.
No Costs
Selling to a company such as Sell My San Antonio House will allow you to sell your San Antonio house without any commissions, repair costs, continued holding costs, marketing expenses, or hidden fees. We will handle everything, helping you to keep a ton of money in your pocket.
We are not real estate agents so there are no agent fees or commissions. This alone saves you thousands of dollars compared to listing with an agent.
Simple Process
Our process is simple and direct. You won’t have to deal with property showings, an unknown closing timetable, or delays in the transaction. Selling your San Antonio house doesn’t require you to spend money or live in limbo.
We agree on the price, you pick the date, and then we handle the rest so that you can focus on everything else that you have going on.
Investor Cons
Lower Sale Price (Sometimes…)
Take this one with a grain of salt. While the final sale price will likely be higher when working with an agent, the costs you encounter can completely negate these profits. Marketing, repairs, commissions, and closing costs will eat away at that sale price.
Also, many times we are able to give someone exactly what they ask for and still not charge them any fees, commissions, or anything else!
It’s always completely up to you. Think about what is most important to you and take to time to run the numbers if your reason for selling is financially motivated. In some cases, a direct sale to Sell My San Antonio House can be the more profitable choice.