When it comes to selling your house, there are two primary ways to make a sale. You can list the property with an agent or choose a cash home sale. Which is better? This article explores the pros and cons of each option and helps you decide which is best for you to sell a house fast in Maryland.
1. Determining the Right Time to List Your Home
Real estate agents suggest that listing the house at the right time is the key to finding the best buyers. Summer and spring are ideal for listing, so you’re under time constraints to get your property ready for sale before the peak season. However, if you sell your house to cash home buyers in Maryland, you can sell it any time and get the best deal.
2. Getting the House Ready for the Market
A realtor will require you to stage the house for showings. They will also list the home on MLS, so you need a professional photographer to get some great pictures of the property. You must complete some basic repairs and cleaning to make the house look better. Cash home buyers purchase houses in any condition and location. You are assured of the best deal without spending time or money.
3. Commission and Other Charges
Realtor commission costs about 6% of the sale price in the current market, which is a considerable chunk of your final profit. You also need to pay for an inspection, an appraisal, and legal fees, which could add up to a few thousand dollars. But you don’t have to pay any fees with a cash home sale. Cash home buyers in Maryland take care of the closing costs, and you can pocket the entire sale price.
4. Closing Time and Overlap
Finding a buyer and closing the sale with a realtor can take weeks to months. You are not guaranteed a closing date, which causes undue stress and unnecessary expenses. You are also under pressure to find a new home quickly so that you can move in as soon as the sale is completed. However, with a cash home buyer in Maryland, you can close the deal within 30 days and move out whenever you want. This flexibility allows you to find your next home with ease.
A cash home sale is typically better than listing with an agent. When you list with an agent, you are under time constraints and require extensive efforts to get the property ready for sale. However, with a cash sale, you can choose to sell and close any time, without restrictions. You don’t have to spend hours and money on staging, which allows you to get the best price for your property.
Maryland Cash House Buyers, LLC pays cash for homes in Maryland with zero commissions and fees. Fill out the short form, and our team will contact you to get started.