If you’re concerned about the unknown when selling your house, don’t worry! This is normal. Fortunately there are many ways to sell your Chicago home, and some are easier than others.
If you sell it the traditional way, you could make a good deal of money, but this way can be full of hassles. Or you could sell it directly to cash home buyers; this process is quick and simple.
Chicago’s real estate market is hot right now, but this doesn’t mean every seller will enjoy an easy and profitable sale.
Let’s see why selling a home directly is better than listing with a real estate agent.
1. Commissions
This is probably the main reason why home sellers choose to sell direct. Say, for example, you sell a $300,000 home. The typical realtor commission is 6%, which means you’d pay $18,000 just to work with them!
But if you sell it directly, you can avoid commissions and other hassles. Reputable cash home buyers In Chicago, like Diamond Equity Investments, don’t believe in hidden costs or low-ball offers. After they briefly assess your home, they’ll make a fair offer that’s based on a variety of factors.
2. No Middlemen
Selling your house directly means you cut out the middlemen. So you’ll avoid real estate agents, mortgage lenders, etc. You’ll enjoy greater control of the process, reduce stress, and stay clear of unfortunate mixups.
3. Less Marketing Work
After you list a house you’ll need to market that listing so it gets seen. Then you’ll have to stage before hosting showings and open houses. If you sell directly, you’ll avoid all these hassles, meaning the process will be smoother and less stressful.
4. Time Saving
Selling the traditional way may yield more money but it’s more expensive. And if it takes a while to get mortgage approval, the closing process will be delayed. Even worse, the buyer could get denied.
A direct sale can be completed in two weeks or less. Why? Because cash home buyers don’t use mortgages to purchase homes. They buy homes outright, fix them up, and flip them.
5. Personalized Experience
If you sell direct you can enjoy a more tailored experience. You’ll get to communicate directly with the buyer, address their concerns, and build a rapport that leads to a smooth transaction.
6. Holding Costs
Selling the traditional way means you’ll have to deal with holding costs, including mortgage payments, HOA fees, taxes, insurance, utilities, and maintenance costs. Selling directly, of course, avoids these costs. In short, selling for cash is the much cheaper option.
Final Thoughts
Choosing a direct sale means saving money, skipping repairs, and avoiding inspections. Direct buyers, like Diamond Equity Investments, can make an offer in 24 hours or less. If you like their offer, accept it to get the closing process rolling. They can close in two weeks or less.
At Diamond Equity Investments, we buy houses in Chicago regardless of their condition. Contact us today if you want to enjoy a fast and effortless home sale!
