Your house doesn’t have to be listed on a traditional property listing in Knoxville. The current seller’s market is being driven by a population that is moving away from the larger cities along with a pool of people skimming over the rental phase typically experienced in early adulthood, opting for a more permanent lifestyle with recreational amenities and a home-based mindset. Pocket listings, which aren’t advertised to the general public, appeal to buyers as they’re an exclusive opportunity, and may fetch a higher price.
In an off-market sale, you control who sees your home and when they find out it is for sale. Having an off-market listing means fewer showings, and those who are aware of the listing are more likely to be serious buyers. In addition, listing your property off-market creates a sense of urgency.
We will pull back the curtain and show you how to sell an off-market property listing in Knoxville.
Commissions
In contrast to on-market listings, off-market listings allow the agent to market the property exclusively to selected clients and collect whatever commission is agreed upon in the listing agreement. Moreover, since other agents are unaware of the listing in Knoxville, they do not have to split the commission with anyone else. The seller earns the other side of the commission because they bring the buyer. A professional buyer at East Tennessee Home Buyers LLC like those at Knoxville can buy off-market properties in Knoxville without paying a commission.
Preparation and repair
It is common for buyers to want to move into their new home as soon as possible. In older homes or those in need of maintenance and repairs, you as the seller must worry about passing the inspection and paying for repairs before closing or taking a significant discount off the asking price. It is expensive to prepare the home for showings and to make updates. If you sell an off-market listing in Knoxville through a direct sale to East Tennessee Home Buyers LLC, we buy homes as-is, so no repairs or cleaning are required. East Tennessee Home Buyers LLC takes on all the risk.
Agent Fees
Many agents charge their clients a fee for transaction processing and other costs that they may hide. A professional buyer like the ones at East Tennessee Home Buyers LLC doesn’t charge an agent fee when they purchase an off-market property in Knoxville. The offer will clearly state how much cash you will receive at closing; there are no hidden fees to pay.
Time
Potential buyers can track the number of days the property has been on the market when properties are listed through the MLS. The fact that so many days have passed implies there is something wrong with the property that the listing does not disclose, which will typically result in bargain-basement offers if any are made. In off-market listings, the number of days the property has been for sale is unknown to the buyer, which is one of the motivating factors for off-market listings. If you sell fast to a direct sales company like East Tennessee Home Buyers LLC, you can close on your private listing within days or whenever it’s convenient for you.
Property listings off-market in Knoxville can be easily sold through East Tennessee Home Buyers LLC. The process is simple! If you accept an offer from East Tennessee Home Buyers LLC, we will handle everything, and you can expect to close quickly, often within just a few days. No matter whether your home is older and in need of repairs or you want to limit the number of strangers who come to your home, contact East Tennessee Home Buyers LLC and learn about your options without any obligation. Send us a message or call East Tennessee Home Buyers LLC at (865) 935-8680.