You may not know it, but there are multiple ways to sell an Edmonton house! While many people immediately seek the help of an agent, there are other, more cost-effective ways to sell your house. For example, you could choose to list your home with a For Sale By Owner listing or sell the property directly to an Edmonton home buyer, without the help of an agent, which is what we will cover in our most recent post!
As mentioned above, there are many ways to sell a property in Edmonton. For some properties, a listing makes the most sense. But for other sellers, a direct sale is the smarter choice. Which will it be for you? Don’t sign any agreements or agree to a sale until you learn about what a direct sale can mean for your unique home seller situation!
The Commission Factor
When you choose a direct sale to a company such as Sunrise Home Buyers, you won’t have to worry about paying out the ~5% of the sale price in commissions. This is thousands of dollars you will immediately save by choosing a direct sale! In addition, there aren’t any agent fees, marketing costs, listing fees or photographers to pay. When you work with a direct buyer, the property is typically sold as-is, where-is, so you can keep the money for advertising in your pocket.
No Clean-Up Or Repairs
There is a way to sell your Edmonton home without the cleaning up and cleaning out, the open houses and repairs.
Contact us to learn how.
Listing your house in Edmonton will require you to make repairs, renovations and updates to the home to get it ready for listing with an agent. Even small damage or dated areas in your Edmonton home can noticeably lower any potential buyer’s perceived value of the home.
And making repairs and touch-ups to the house can add up quickly as far as finances are concerned, never mind trying to find the time and energy to complete these tasks. Oh and finding a reliable Edmonton contractor….who is available right away as well.
Then you will also have to factor in the cost to clean up, keep it clean, store personal items and clutter as well as purchase items if you need to do some staging. While these costs can certainly be worth it in the long run, they should be well considered before listing your home.
At Sunrise Home Buyers we cannot buy every home that comes our way. And there are scenarios where selling with an agent makes the most sense (and we are not shy about telling home sellers if we feel that is their best course of action). But when a win-win house selling situation can be created, we are more than happy to purchase that home.
Move On With Your Terms
When you work with a company like SUNRISE HOME BUYERS to sell your house directly, the closing date will be up to you. We are able to purchase properties almost immediately, so you won’t have to spend time waiting around for a buyer to come along.
On the flip side, we will not rush you into a closing. We know that selling and moving is usually a stressful time. That is why our goal is to keep the process as simple as possible. If you should choose to accept an offer from Sunrise Home Buyers, YOU will decide the date that best works for you! You won’t have to worry about the sale falling through as with a traditional sale using bank financing. (And we are continuing to hear stories from our network that this is still happening on a frequent basis due to tightened lending rules and standards). Add that to the fact that the Edmonton real estate market has softened from earlier this spring and buyers aren’t quite in the same strong position they were a few months ago. And keep in mind a direct buyer will have the funds available to pay you immediately so a softening market and tougher lending standards won’t affect you.!
A Fast Edmonton Home Sale Will Save You Money
Point blank, the longer you own the house, the more it is costing you. Real estate investors know this, that is why the goal is always to flip a house quickly! By selling your property to a direct buyer right away, you are potentially saving yourself months of wasted time and money.
You are likely paying more for your house…and you don’t even realize it! There are monthly utilities to consider, homeowners insurance, and property taxes that you are responsible for up until the day of closing, as well as routine maintenance costs. If you are paying for something like landscaping or yard upkeep, those costs will immediately be over and done with.
A Direct Sale Offers Guarantees, While A Listing Does Not
There is a lot of uncertainty when it comes to buying and selling Edmonton properties. Deals fall through every day. Banks often take longer than expected to fully fund a mortgage loan….if they approve them at all!
When you list your Edmonton property, you are in essence living in limbo until the closing papers have been signed. Sure an agent can list your house for any price you want, even if it has been inflated in order to get you to sign a listing agreement. There is NO guarantee that you will get the price you ask for when you list your Edmonton house! With a direct home sale, you will know both the exact date and amount you will walk away with. This will allow you to plan ahead without having to deal with the unknown!