We buy ugly purple fin red doors brick homes that are guaranteed open offers
Or why use a traditional agent to sell your home.
We are seeing the so called shift to new ways to sell your home. What I noticed is they all fall into the same trap that for sale by owners fall into. That is, you are trying to "save" money by not paying a commission. So let's look a little into how each of these work and don't save you anything, they simply eliminate a large pool of potential buyers for your home.
1. Use the ugly cash buyer.
As an agent, I have come across a few of my sellers who have been given quotes. In one example, they were offered $80,000 cash to buy their home, no commission required saving the customer money. Trouble is, I quickly did a market analysis on the home and saw it was worth around $150k. I convinced them to list with us and we had multiple offers in a few days on the market and sold it for more than $150k. This netted our seller around $60k more than the ugly offer. More recently, a friend was quoted $189000 on his mom's townhome and we listed for $299900 and had a full price offer within a week, netting them almost $100,000 more. In the lovely cabin pictured above, the neighbors offered $75000 but paid $170000 once we went live on the MLS and other offers came through.
Why? Let the market determine the sales price by maximizing your audience through a professional Realtor.
2. Instant colorful offers.
Again, the same underlying no commission tactic and they add, no showings as a bonus. We must ask ourselves why would they do this? Obviously, the company believes there is more profit than their commission and knows they will net more on your home. However, the goal of selling your home is to net more money for you not them. We just received an offer like this on an investment property for $240k. We listed at $299900 and had 40 showing requests in a matter of days.
Why? Let the market determine the sales price by maximizing your audience through a professional Realtor.
3. FSBO For Sale By Owner
Did you know that you can save money by not using a Realtor to sell your home? Guess what, so does every buyer on the planet. Guess what every buyer on the planet wants to offer you? 10% less than the actual value of your home. The reason is obvious but escapes most people, both sides of the sale can NOT save the same dollar, hence stats that say FSBO's get around 90% of what Realtors receive in the same neighborhood. Again your audience is limited to the marketing they see not what an actual does. On the lake I live on, several homes sold off market needing work @ $350,000. Shortly afterwords, 2 more similar ugly homes came on the market and sold for $410,000 and $480,000. Yes, indeed the buyers of the FSBO got great deals by eliminating the competition
Why? Let the market determine the sales price by maximizing your audience through a professional Realtor.
When you are ready to sell, the old school methodology has been proven over the years and will continue to net you the most amount of money in the least amount of time. Give us a call before you sell to an ugly purple fin red doors brick homes that are open guaranteed offer.
Call Joel today at 612-868-6287 to sell your home to net the most possible money in the least amount of time.
