What you might not realize is that there are numerous avenues to sell a house in Lehigh Valley. While many individuals instinctively turn to agents for assistance, there are alternative, more budget-friendly methods to consider. For instance, you could opt to carry the note yourself or sell the property directly without the involvement of an agent. In this post, we’ll explore these options in depth, particularly focusing on the benefits of a direct sale!
As mentioned, there are various methods for selling a property. In some cases, listing your home on the MLS may be the most advantageous route; however, for others, pursuing a direct sale could be the more prudent decision. It’s essential to weigh your options carefully! Before signing any contracts or agreeing to a sale, take the time to understand what a direct sale could mean for your unique situation.
The Commission Consideration
By opting for a direct sale to a company like iBuyLehigh, you eliminate the need to pay a commission, which typically amounts to around 6% of the sale price. This decision can lead to significant savings—often thousands of dollars—right from the outset. Additionally, you won’t incur any agent fees, marketing expenses, listing costs, or photography charges. When you sell to a direct buyer, the property is usually sold as-is, allowing you to keep the money that would otherwise be spent on advertising safely in your pocket.
No Clean-Up or Repairs Required
If you decide to list your Lehigh Valley home, you’ll likely be required to undertake repairs to prepare the property for the MLS. Even minor damages can drastically diminish a potential buyer’s perception of the home’s value. The costs associated with repairs and touch-ups can quickly add up, affecting your finances significantly. Moreover, you’ll need to account for cleaning expenses, the ongoing need to keep the house tidy, and possibly even storage costs for your personal belongings. Staging the property may also require additional purchases. While these expenses can be worthwhile for maximizing sale potential, they should be thoroughly considered before deciding to list your home.
Your Terms Matter
When you collaborate with a company like ours to sell your house directly, you gain control over the closing date. We have the capability to purchase properties almost immediately, eliminating the lengthy wait for a buyer to emerge. Conversely, we understand that selling and moving can be stressful, which is why we strive to simplify the entire process for you. Should you choose to accept an offer from iBuyLehigh, you will determine the closing date that aligns best with your schedule. This ensures that you won’t have to worry about the sale falling through, a common concern with traditional sales involving bank financing. A direct buyer like us will have the necessary funds readily available for an immediate transaction!
A Quick Sale Saves You Money
Simply put, the longer you own the property, the more it costs you. Savvy investors are aware of this, which is why they aim to flip houses quickly! By selling your property to a direct buyer promptly, you stand to save yourself months of unnecessary expenses and wasted time. You may be spending more on your home than you realize, as there are monthly utilities, homeowners insurance, property taxes (which you are responsible for until the day of closing), and routine maintenance costs to consider. If you’re paying for services like pool maintenance, pest control, or landscaping, these costs will cease immediately upon sale.
A Direct Sale Provides Certainty, While a Listing Does Not
The realm of buying and selling properties is often fraught with uncertainty. Deals can fall apart at any moment, and banks frequently take longer than anticipated to process loans. When you choose to list your property, you may find yourself in a state of limbo until the closing papers are finalized. An agent can list your home at any price you choose, even if that price has been artificially inflated to persuade you into signing a listing agreement. There is NO guarantee that you will receive the asking price when you list your Lehigh Valley home! In contrast, a direct sale provides you with clear and definitive information about the exact amount you will receive and the date of the transaction. This clarity allows you to plan your future without the stress of uncertainty hanging over your head!