The traditional way to sell a property in Kansas City is through a real estate agent to another individual buyer. However, you have other options available to sell your property fast and effortlessly.
In fact, sellers often run into a few common issues when trying to sell real estate through traditional methods. Avoid the inconveniences and costs of the traditional method by selling your property for cash to a real estate investor, like We Buy Houses Cash KC.
We help Kansas City homeowners avoid the headache of the traditional real estate process by purchasing your home as it is for cash.
Property owners may need to sell quickly for a variety of reasons, including divorce, foreclosure, inherited property, relocation, health issues, lost jobs and more. We’re here to offer a smooth solution to save you time and money.
Common Issues with Traditional Real Estate Methods
1 –A Home That’s Outdated or Needs Costly Repairs
Before most real estate agents list your home, they want it to looks its best. This means, you’ll need to invest in updates and make repairs.
Preparing your home to sell can cost you thousands of dollars. If you’re already in a situation where money is tight, this may not be possible. Also, managing contractors and home service providers is not only costly, it’s time consuming.
With the traditional real estate route, a home inspection is usually required and the contract is contingent on your home passing the inspection. The buyer can walk away from the deal if you aren’t able to make the repairs identified in the inspection.
This extends the timeframe to sell your home. Thankfully, our solution means we’ll buy your home without a formal inspection. You can avoid spending the time and money required to improve your home.
2 – Real Estate Agent Fees
Working with a real estate agent isn’t free. After all, they market your home and work to find a buyer. While real estate agents don’t charge you upfront to list your home, they do charge a commission fee.
The real estate commission is usually around 6%. For a $150,000 home that’s a $9000 fee that is taken out of the selling price.
When you sell your home directly to a real estate investor, you avoid the real estate agent commission fee. Also, you don’t have to spend the time waiting for the agent to market your home and locate potential buyers.
The process moves much more quickly when you sell direct for cash.
3 – Undesirable Neighborhoods
Overtime, communities and neighborhoods experience changes. A neighborhood that was desirable 20 years ago, may now be worn down and undesirable.
Changes in the community impact the value of a home and may make selling your property more difficult. Oftentimes, this condition occurs for inherited properties or homes owned by older individuals. Even if your home is in good shape, the surrounding homes may be in disrepair.
If you’ve inherited a property or need to move from your home to a retirement community, the process of selling in an undesirable neighborhood can feel overwhelming. Instead, we make selling your property simple.
We offer cash for houses in many different Kansas City neighborhoods.
4 –Volatile Real Estate Market
The real estate market experiences regular shifts leading to volatility. If you need to sell your home quickly, you may not be able to wait until the market changes.
Over the last year, interest rates have increased making it more difficult for potential buyers to qualify for a mortgage. This means your home may sit on the market longer before a qualified buyer is found.
Also, housing prices are not fixed. Depending on market variables, home prices rise and fall. Even in a strong real estate market, where prices are driven up, locating a qualified buyer takes time.
Don’t let the volatility of the real estate market impact the timeframe to sell your home. Work with We Buy Houses Cash KC to get the money you need in the timeframe you want.
5 – Limited Timeframe to Sell
One of the biggest challenges with traditional real estate methods is the long timeframe required to sell a home. Most real estate agents have a six-month listing agreement, which means they have up to six months to sell your home.
During this timeframe, the agent advises you on what repairs and cleaning are needed before pictures are taken and the property is listed.
Also, once an offer is made, there’s still a 30 to 45 day closing timeframe. During this time, your home is inspected, repairs are made and the buyer secures financing.
If any of these steps don’t happen according to the time specified in the contract, the deal can fall through. For sellers on a tight timeframe due to foreclosure risk, relocation, divorce or other issue, this long time period isn’t realistic.
Instead, get cash when you need it by selling your home to a real estate investor.
6 – The Pressure of Buyer Showings
Another requirement when using a traditional real estate process is home showings to potential buyers. When a showing is scheduled, your home must be clean and presentable.
Also, individuals and pets living in the home must leave during the showing. This is not only inconvenient, but it’s also a challenge to keep a home looking like a show home while people live there.
If your home is in disrepair or if the neighboring homes look bad, showings might leave a bad impression. This makes it difficult for even a highly-experienced real estate agent to sell your home swiftly.
For your convenience and peace-of-mind, work with a qualified real estate investing company to sell your home without showings.
Sell Your Home Without the Headache
Avoid the challenges of the traditional real estate methods. Instead, sell your Kansas City home quickly and smoothly for cash by partnering with We Buy Houses Cash KC.
Let us help you get the money you need within two to three weeks instead of months. Plus, you don’t need to make costly repairs or pay commission costs.
Contact We Buy Houses Cash KC today to start the process to sell your Kansas City home.