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We Analyze The 3 Ways To Sell Your Home In Sacramento
If you own a home and are thinking about selling to home buyers in Sacramento, you have a number of selling options available to you. In this blog post, we’ll look at those 3 ways and break them down to help you determine which way is best for you.
For most people, owning a home is the largest purchase of their lives. So it’s not surprising that the process of buying a home or selling a home can be extremely complex.
Over the years, three home-selling options have developed to allow homeowners like you to sell to home buyers in Sacramento. As you think about selling your home, you need to decide which way to sell is best for you, given your goals and timeline to sell.
Home-Selling Method #1: Sell Through A Real Estate Agent
Most home sellers are familiar with selling through a real estate agent. It is the traditional way to sell your home, so it’s also the most common. It is also, the most expensive way to sell a home. In this home-selling method, the homeowner chooses a real estate agent who will list the house.
The agent acts as a “middleman,” getting the listing together, preparing all the disclosures required by law and parading prospective home buyers in Sacramento through your house until one of those buyers decides to make an offer. They’ll make an offer, the agent present it you, and then, if you accept their offer, you’ll begin the escrow process and hope it goes smoothly so you can close after requested repairs and final walk through is accepted.
This selling method can take several months (the average is 3-6 months). Sellers who choose this method take the gamble that the timeline doesn’t go on longer than they hoped with the hopes of selling at the market price. Sellers who use this method will need to spend money up-front to repair their house, and then spend money after the sale on agent fees and commissions.
Home-Selling Method #2: Sell On Your Own
The homeowner lists their house on For Sale By Owner websites, takes calls and shows it to prospective buyers, negotiates with the buyer, and closes the deal.
There are a lot of similarities – the timeline is usually longer and the homeowner will still have to pay up-front for repairs on their house to make it sellable.
Sellers who choose this method don’t mind the extra work involved in showing their house; they usually choose this method to save money on commissions.
Home-Selling Method #3: Sell Direct To Home Buyer In Sacramento
This method of selling has skyrocketed in popularity in response to the expensive and often fat agent commissions. The process is the same as selling through a real estate agent. The transaction is processed through a licensed, insured, reputable local Title company just as it is done with an agent. The big difference is that it’s done between the homeowner and the local, professional home buyer, and not by an agent.
This process seems different, but it is essentially the same – it’s also faster, easier, and doesn’t cost the homeowner anything (so it’s not surprising that this method is gaining popularity).
Rather than listing and showing the house or negotiating, the homeowner simply sells their house directly to a professional home buyer in Sacramento who is ready to buy the house as-is, for cash right now.
It’s faster, much less stressful – the buyer has money and is ready to buy; it’s easier on the seller – there is no expense or effort to repair the house before it’s sold; and it doesn’t cost the homeowner anything – professional home buyers (like what we do here at California Family Homebuyers) usually pay closing costs and fees.