When selling your house, you will encounter many people and potential buyers walking through during showings. For those considering listing on your own to save money, you should know that the abysmal statistics show that only 8 percent of successful home sales are FSBO. They sell for much lower than they would with an agent; therefore, it’s helpful to understand the process ahead and the potential cash outlay you will need to have on hand to prep for placing your home on the Baltimore real estate market.
Whether your home is new or requires some updating and repairs before you list, you’ll need to partner with several professionals along the way to accomplish a successful transaction. In addition to understanding the expenses involved in listing, a checklist ensures you’ve initiated contact with everyone from the initial listing phase to the closing, so there are no delays. So read on as we explore just five of the many people you need to partner with when you’re selling your house in Baltimore.
One of the people you need to partner with when you’re selling your house in Baltimore is a professional inspector.
Another person you need to partner with when you’re selling your house in Baltimore is a professional appraiser.
Anyone who performs a service or provides supplies to help you ready your home, known as a contractor, are additional people you’ll need to partner with when you’re selling your house in Baltimore.
A title company or a title agent is another person you need to partner with when you’re selling your house in Baltimore.
Maryland Home Buyers
One of the most important people you need to partner with when you’re selling your house in Baltimore is a professional agent that offers more than the average to sellers. At Maryland Home Buyers our agents are an entirely new breed of agent, they are hybrid agent investors who offer solutions for any seller.
Acting as a real estate agent, a hybrid agent investor from Maryland Home Buyers will detail every expense you’ll encounter from updates to the decor, the appraisal, inspection, repairs and marketing expenses such as professional photographers and stagers to bring your listing to the forefront across the best online platforms and earn the highest possible sales price. They’ll also explain the current number of days listings are averaging so you’ll understand the holding costs you may face while the property is on lthe market, including mortgage, insurance, taxes and your basic utilities. If you’ve been forced to relocate prior to selling your Baltimore house, you’re carrying a double burden and your profits from the sale are slowly draining away.
Acting as a direct buyer, your hybrid agent investor from Maryland Home Buyers can provide you with a fast direct sale and a guaranteed closing date, often completing the transaction within a week or so, providing you an offer to buy your home for cash, in as-is condition. You’ll skip all the prep work and showings, and best of all you can keep your wallet in your pocket because you won’t pay for the inspection, appraisal, or any commissions or hidden fees, or any closing costs. The amount of the offer from the hybrid real estate agents from Maryland Home Buyers is the amount you’ll leave with after the closing. At Maryland Home Buyers, it’s extremely important to us that you agree our offer is fair and the reason is simple, we’re your neighbors who live and work alongside you here in Baltimore. Our policy at Maryland Home Buyers is transparency and that is why we provide you with the details, we want you to make an educated decision about what is best in your circumstances.
A hybrid of the above options, a fix and list arrangement between you as the seller and your hybrid agent investor. Instead of listing the property on the Baltimore real estate market with minimum prep work, your agent would invest in making updates or renovations to bring out the full potential of the property and then list for a much higher asking price. How does this arrangement work? Let’s say your home as-is would list for $400,000 and with $50,000 in improvements would have a market value of $500,000. Now, once the property sells you’d split the profits above the $450,000, so that the agent investor is returned their money. You would pay a commission on the first $400,000 and then any funds remaining above $450,000 would be split between you and the agent.
The hybrid real estate agents from Maryland Home Buyers and their a full-service in-house team of industry specialists are proud of the work we do, helping people solve problems and revitalizing properties, and we want you to feel good about working with us long after you’ve left the closing table. Ready to learn more? Call Maryland Home Buyers at (410) 657-2523.