A home buying company is a subset of regular cash buyers. When you sell to a home buying company, the process is much different than when you sell a home using traditional methods. Because traditional methods of home-selling often have a myriad of fees, you may wonder what fees are involved when selling to a home buying company.
No Showing Fees
Because you are selling directly to a buyer when you sell to a home buying company, you don’t have to worry about showing your home. A representative from the company may come to assess your home and check out the property, but you don’t need to pay to have the home staged or for a realtor to provide a guided tour. You also don’t have to pay anyone to move out or temporarily store your belongings. This is because a home buying company won’t care about seeing those things when they evaluate your home; they are just objectively looking at the value of the home and property.
No Closing Fees
Selling your home on the traditional market can sometimes get you very high offer prices. Unfortunately, even if you close on a high offer price, you shouldn’t expect to get all of that money for profit. This is because traditional methods of selling also include many mysterious closing fees. These closing fees, many of which are paid out to third parties, are just accepted as a regular part of traditional selling methods. Luckily, these can all be avoided when you choose to sell to a home buying company. Closing with a homebuying company is incredibly simple and straightforward.
No Commission Fees
One of the costliest parts of traditionally selling a home is working with a real estate agent. Having a realtor by your side is very useful when navigating the traditional housing market and selling your home that way. However, you don’t necessarily need a realtor when you sell to a home buying company. The process is very easy to understand, so you can figure it out on your own. This can save you a lot by not having to pay commission fees out to an agent.
There are very few fees when selling to a home buying company. Any fees that are involved are kept to a minimum and are absolutely necessary. When you sell to a home buying company, the money you make on your home is all yours to keep without having to pay off unnecessary fees.
To save the most money while getting a fair amount when selling your home, reach out to Simple Quarters here today.