Looking For Home Buyers In Tuttle, Oklahoma?
We Analyze The 3 Ways To Sell Your Home In Tuttle.
If you own a home and are thinking about selling to home buyers in Tuttle, OK you have a number of selling options available to you. In this blog post, we’ll look at those 3 ways and break them down to help you determine which way is best for you.
For most people, owning a home is the largest purchase of their lives. So it’s not surprising that the process of buying a home or selling a home can be extremely complex.
Over the years, three home-selling options have developed to allow homeowners like you to sell to home buyers in Tuttle. As you think about selling your home, you need to decide which way to sell is best for you, given your goals and timeline to sell.
Not sure with of these methods below is right for you? Click here to fill out the form or call (405) 754-2444 and we’d be happy to give you a no-obligation consultation
Home-Selling Method #1: Sell Through A Real Estate Agent
This is the traditional way to sell your home, so it’s also the most common. In this home-selling method, the homeowner chooses a real estate agent who will list the house.
The agent acts as a “middleman,” showing prospective Tuttle home buyers through your house until one of those buyers decides to buy. They’ll make an offer, the agent will negotiate on your behalf, and then you’ll close.
The timeline for this selling method can take months. Sellers who choose this method prefer to gamble on the timeline to do less work (the agent does the work) and with the hopes of selling at the market price. However, sellers who use this method will often need to spend money up-front to repair or update their house first, and then spend money after the sale on agent fees and commissions. Which can tally up to 6% of the sales price just for agent commissions, not including closing costs, title fees and transaction fees which can easily add up a couple more percentage points.
Home-Selling Method #2: Sell On Your Own
This method of selling has grown up in response to a desire to save money on agent commissions. The process is very similar to the above method of selling but it’s done by the homeowner themselves, and not by an agent. This can be done on a budget.
The homeowner lists their house, shows it to prospective buyers, negotiates with the buyer, and closes the deal.
There are a lot of similarities – the timeline is usually the same and the homeowner will still have to pay up-front for repairs on their house to make it sellable. Sellers who choose this method don’t mind the extra work involved in showing their house; they usually choose this method to save money on commissions. Keep in mind the seller is still on the hook to pay closing fees, abstracting, and title work. You may also have to deal with another agent bringing a buyer to your home. Although you didn’t list the home with a Realtor, there will likely be agents who have buyers ready for your house, and those agents will and should require a commission to bring their buyers. This amount is typically 3% of the sales price.
Home-Selling Method #3: Sell Direct To Home Buyer In Tuttle, OK
This method of selling is gaining popularity as homeowners look for a third way to sell. This process is very different – it’s also faster, easier, and doesn’t cost the homeowner anything (so it’s not surprising that this method is gaining popularity).
Rather than listing and showing the house or negotiating, the homeowner simply sells their house direct to professional home buyers in Tuttle with cash who is ready to buy the house as-is right now.
It’s faster – the buyer has money and is ready to buy; it’s easier on the seller – there is no expense or effort to repair the house before it’s sold, and it doesn’t cost the homeowner anything – professional home buyers (like what we do here at Metro Cash Offer) usually pay closing costs and fees.