If you don’t consider all your options regardless of your circumstances, you could be cheating yourself. It may turn out that the issues you face with selling your home aren’t so problematic and could be far easier than you imagined. Therefore, do not be intimidated or frightened of the unknown discourage you from taking advantage of the best option for your situation, which may be a direct sale of your home.
Educating yourself about the way direct home sales work can alleviate your concerns. Once you understand the conveniences of selling directly, you too may be relieved to learn you have found the best option to sell your home in Knoxville. Direct sales are the perfect solution for many homeowners in a situation that doesn’t fit the typical mold of a standard real estate listing—understanding how direct sales work can help you decide for yourself.
We’ll explore just five of the reasons why you should choose a direct sale vs. a standard Knoxville real estate listing.
Commissions
Let’s face it, the reason most homeowners consider other options to standard Knoxville listings with an agent is trying to save the commission for themselves. With average home values hovering near $300,000, this equates to an average commission of 6%, around $18,000, coming off the top at the closing table in commissions alone. By choosing instead to make a direct sale, you can work with professionals who make it an easy process to sell your home without having to pay any outrageous commissions. Direct buyers don’t play games with hidden fees. Instead, direct buyers like those at East Tennessee Home Buyers LLC want you to compare options, so they’ll detail how much you would make if you were to list your home, breaking down all of the expenses so that you can take the best course of action.
Showings
Standard Knoxville listings mean it’s time to clean up and freshen up every square inch of your home. If your appliances are dated, consider replacements. Consider updating decor or wallpaper that is outdated. At the very least, a fresh coat of paint is in order inside and outside your home. And don’t forget curb appeal. It’s essential to present a great first impression, so get your landscaping under control. Choosing a direct sale of your home to buyers like those at East Tennessee Home Buyers LLC means you never have to worry about the inconveniences of showings. Direct buyers have a team on hand that can clean up anything you want to leave behind.
Time
While standard Knoxville listings help homeowners sell at total market value, the bottom line isn’t always a pretty picture when tallying the actual listing expenses. Regarding funding, the delays associated with traditional home mortgage loans and underwriters can push closings back, only to find out that your buyers don’t qualify and you’ve wasted weeks, which likely means your final sales price will be lower. Choosing a direct sale of your Knoxville home means your troubles will be over within days because of the power of cash. So, you won’t need to worry about a direct buyer backing out of the deal because their financing fell through. Any concerns about time fly out the window when you work with a direct buyer like those at East Tennessee Home Buyers LLC; cash means no approval necessary.
Holding Costs
Standard Knoxville listings entail holding costs, the amount you spend to own the property once it is listed. These include the mortgage, any HOA fees, taxes and insurance, monthly utilities, expenses associated with maintaining the home, and any repairs that may become necessary during the listing. Holding costs go out the window by choosing a direct sale to buyers like East Tennessee Home Buyers LLC. Your closing date can be in a matter of days or delayed until the date that better suits your plans if your next home isn’t quite ready.
Money
Standard Knoxville listings often cause concern over the possibility of unknown issues discovered during the inspection. These can throw quite expensive wrenches into the very best of deals if there are visibly damaged areas, such as stains on ceilings from water damage. Be sure all repairs are complete, or you’ll be taking deep discounts off your price at the negotiating table. Choosing a direct sale of your home means you save money; you can forget about passing the inspection and making repairs. Because direct buyers like those at East Tennessee Home Buyers LLC have the power of an entire team of real estate industry pros behind them, they can quickly inspect your property and make you a detailed and fair offer for your home as it is.
At East Tennessee Home Buyers LLC, we understand through experience how important it is to take the time to listen, and our goal is to help alleviate all of your concerns. Contact East Tennessee Home Buyers LLC at (865) 935-8680 to learn more about how we can help you.