Are you considering hiring an agent in New York to help sell your home? This is typically one of the first things people do when they need to sell a property and with good reason. There are many talented agents out there who can help you sell your house. However, it is not your only option. Distressed sellers may have better luck with a direct sale. Our process has the potential to save you both time and money. Here’s what you need to know before signing any contracts to list or sell your property in New York.
Selling your house with an agent in New York will cost you money both before and after the sale. Yes, you can recoup these costs if the house sells, but there are no guarantees. You’ll need to fix up the property, possibly pay for marketing, and deal with agent commissions once the property has closed. You will also have to cover closing costs and the continued holding costs while your property sits on the market. A direct sale to Solace Property Investments eliminates these costs and allows you to sell your house as-is.
Expected Time Until You Reach The Closing Table
When hiring an agent in New York, there is no guarantee if or when you will make it to the closing table. You could find a buyer right away, or it could take weeks or even months. Plus, when a buyer relies on the bank for financing, the escrow process can become drawn out. You could spend thousands in holding costs while you are waiting for everything to finalize. And the worst part is, the sale can fall through at any time. There is a lot of uncertainty to consider if you are looking for a timely sale of your property in New York.
All Real Estate Agents Are Different
While many agents will have your best interest at heart, others are just there to close as many deals as possible. Be careful who you trust to represent you in such an important matter such as selling your house in New York. If you choose to work with an agent, be sure to ask questions about their experience, local knowledge, and marketing plan for the home. Don’t just choose an agent because they are popular or because they have ads on TV.
Check Your Contracts
Once you sign a listing agreement with a New York real estate agent, you may be on the hook with them for more than you bargained. Did you know that in some cases, you will still have to pay your agent’s commission even if you sell the house yourself? Before you sign any contracts in regards to your house, make sure you read all of the fine print and are ok with the terms.
There Are Other Ways to Sell Your House
Listing with an agent is not the only way to sell your house in New York. Working with a private buyer such as Solace Property Investments can ensure you receive a great price and a fast closing. You can also get creative and consider options such as owner-financing in which you become the bank in essence, collecting a monthly income from the home. There are many solutions for home sellers in New York, and Solace Property Investments is happy to help you explore them all!
Hiring an agent in New York? Before you do, it’s important to get the facts. At Solace Property Investments, we can help you get all of the information you need so that you can make the best decision for your situation. We want to help you achieve the best result possible for your situation. Reach out to us today to learn more about what we can offer you! (347)851-8837