2020 has been a tumultuous time, especially for the US housing market; therefore, you may be thinking “It’s impossible to sell my house Boca Raton” or another city in Florida. The peak pandemic period was rough, with rent and potential foreclosure crisis imminent. However, as we move into the post-pandemic recovery phase, the US housing market has started to pick up, forecasts indicate significant growth that very well may carry into 2021. One of the major factors fuelling this upward trend is a steady rise in demand as Americans seek more living space, and a significant supply shortage- home prices are on the rise.
This simple analysis indicates it may be the right time to sell your Florida house. This blog post explores two different methods of doing so- selling via a real estate agent or to an investor like Your Trusted Home Buyer. If you are currently facing a tough financial situation, you own a property that is in constant need of repair, or you are going through a personal life-changing event and you think “I need to sell my house Boca Raton (or any other city in Florida) easily and fast, read this post to learn why selling to an investor like Your Trusted Home Buyer may be the right option for you. At Your Trusted Home Buyer, we buy homes across Florida and will make a direct cash offer on your property and are here to help you with the entire sale process. We prioritize people over price!
Real Estate Agent- Pros
- Real estate agents handle the burden of paperwork and red tape
- Selling with a real estate agent can be useful if you want someone to handle the nitty-gritty of documentation, marketing, and listing your house. However, this benefit is not exclusive, and at Your Trusted Home Buyer, you can be assured we will handle the details as well!
- Real estate agents have networks and know the market well
- Real estate agents are in the business of buying and selling houses. They can use MLS to their advantage and expose your property to a wide range of retail buyers.
- Real estate agents have networks and know the market well
- Real estate agents are in the business of buying and selling houses. They can use MLS to their advantage and expose your property to a wide range of retail buyers.
Real Estate Agent- Cons
- Time-consuming
- Selling with a real estate agent on average can take anywhere about 3 to 12 months. Your home may sit on the market with no progress leaving you with utility bills, property tax, and mortgages to pay. For someone in a financial or time crunch, this may not be the right choice.
- Costs
- Agent fees and commission can be expensive. Any profit you might make on the sale may go directly to the agent. The costs of cleaning the property to be listed and the many open houses also will take a fair chunk of your profit away.
Real Estate Investor- Pros
- The flexibility of direct sale: When you sell your Florida home to an investor like Your Trusted Home Buyer, you reap many benefits that include:
- No fees or commissions.
- No time or money spent on making repairs or cleaning
- Transparency of information– you know the exact sale price and closing date
- Quick turnaround time: you can close in as little as 7 days. Less headache for you!
- Sell your home fast
- Selling your home to Your Trusted Home Buyer means you can close in a matter of days instead of potentially a year.
- You can free yourself from all utility, mortgage, and property tax payments!
- Selling your home to Your Trusted Home Buyer means you can close in a matter of days instead of potentially a year.
- You can free yourself from all utility, mortgage, and property tax payments!
- Selling your home to Your Trusted Home Buyer means you can close in a matter of days instead of potentially a year.
- You can free yourself from all utility, mortgage, and property tax payments!
Real Estate Investor- Cons
- Lower Sale Price
- Unfortunately, you cannot have the cake and eat it too. Selling to an investor means in return for the speed and convenience of closing, you sacrifice a little on the sale price.
- However, the “carrying costs” of working with an agent (see cons) can significantly negate the benefit of the higher sale price, depending on how long your house is on the market
- If you are selling your home for financial gain, it is advisable to crunch the numbers. In most cases selling to Your Trusted Home Buyer may be more profitable.