Selling a home can be a daunting and stressful process, especially if you’re considering listing your home on the MLS (Multiple Listing Service) here in Surprise. While the MLS is the most popular way to sell a home, it may not be the best option for everyone. In fact, there are several reasons why you may want to skip the MLS and sell your home directly as a Surprise homeowner. If you have a house you’re thinking about listing, keep reading as we explore 8 signs that indicate you should sell your home directly to an investory-buyer instead of listing it on the MLS in Surprise.
1. You’re in a Hurry to Sell Your Property
If you’re in a rush to sell your home in Surprise, listing it on the MLS may not be the best option. The process of listing your home on the MLS can take time, and there’s no guarantee that your home will sell quickly. It could take months to find a qualified buyer for your property. However, if you sell your home directly, you can avoid the lengthy process of listing your home on the MLS. When you sell your home directly, you can typically close the sale within a few weeks or even days, which is much faster than the typical timeframe for a MLS sale here in Surprise. This is ideal if you have inherited a home, if you need to sell quickly to buy elsewhere, or if you are worried about the bank foreclosing on your property.
2. Your House Needs A Lot of Work
If your home is in poor condition, listing it on the MLS may not be the best option. When you list your home on the MLS, you’re competing with other homes in your area, many of which may be in better condition than yours. This means that you may need to invest in costly repairs and upgrades just to make your home competitive on the market. Nobody wants to spend a fortune on a house they are selling, without any promise of a return. However, if you sell your home directly to Fresh Start Homes AZ, you can sell it as-is, without the need for costly repairs and upgrades. This can save you time, money, and stress in the long run.
3. You Don’t Want to Pay Agent Fees and Expenses
When you list your home on the MLS, you’ll typically need to pay real estate agent fees, which can add up quickly. On average, real estate commissions here in Surprise can range from 5% to 6% of the sale price of your home. This means that if you sell your home for $500,000, you could end up paying up to $30,000 in agent commissions. However, if you sell your home directly, you can avoid these fees altogether. When you sell your home directly, you can work with a buyer one on one, which means there’s no need for a real estate agent to be involved in the transaction, and no need to worry about paying commissions.
4. You Want to Avoid Open Houses and Property Showings
When you list your home on the MLS, you’ll need to host open houses and showings to attract potential buyers to your property. This can be a stressful and time-consuming process, especially if you have a busy schedule or if you’re trying to sell your home quickly. However, if you sell your home directly, you can avoid the stress of open houses and showings altogether. When you sell your house without a Surprise real estate agent, you can work with a buyer directly, which means there’s no need for open houses or property showings. The only people who will need to see the house is us… you can skip the Saturdays of having strangers parading through your home.
5. You Don’t Want to Disturb Your Tenants
If you own a property that has one or more renters living within the building, you might prefer a private listing that limits the number of showings that might be required in a full market listing. This can be very frustrating for renters and if you are counting on the renters staying in the property as part of the value or perk for the buyer, then this may be a high priority for you not listing it publicly on the MLS.
6. You Want to Test The Market First
You could decide with your agent to put your home on a private online network as a test run, to see whether the price you set gets much interest. The advantage to this approach is that if your price is too high and you’re not generating much buyer interest, you can stop the private listing and move to the MLS without anyone knowing the price changed and that the home already had been on the market. When the entire MLS can see that your price dropped and that the home has been on the market a while, it might embolden buyers to ask for a price cut.
7. Your Privacy is Super Important to You.
If preserving your privacy is critical, then an off-market listing might provide peace of mind, especially if you’re concerned about people knowing where you live or you don’t want to generate unwanted attention. In this scenario, agents share the listing with an informal network of other real estate professionals including investor-buyers like Fresh Start Homes AZwho know prospective buyers. Even though this tactic is less likely to start a bidding war than a public listing would, you might be able to sell your home without much fanfare or disturbing your privacy.
8. You Want to Have More Control Over the Sale
When you list your home on the MLS, you’ll need to work with a real estate agent, which means you’ll have less control over the sale of your home. Your real estate agent will be responsible for marketing your home, negotiating with potential buyers, and handling the paperwork involved in the sale. However, if you sell your home directly, you can have more control over the sale. When you sell your home directly, you can negotiate directly with the buyer, set your own terms and conditions, and have more control over the entire process.
While listing your home on the MLS may be the most popular way to sell a home, it’s not always the best option for Surprise homeowners. If you need to sell your house quickly or if you want to avoid repair costs, Fresh Start Homes AZ can help. When you sell your home directly to Fresh Start Homes AZ, you can sell it quickly, as-is, without real estate agent fees, without the stress of open houses and showings, without disturbing tenants, and with more control over the entire process. If this sounds beneficial to you, we’d love to help. Reach out to our team today to learn more! (928) 421-2678 and (928) 239-7573