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Selling with a Real Estate Agent

  • Market Price Potential: Generally aims to sell your home for the highest possible market value, as the agent's commission is tied to the sale price.

  • Commission Fees: Typically involves a commission fee (often 5-6% of the sale price), split between the seller's and buyer's agents, paid from the sale proceeds.

  • Timeframe: Can take weeks or months to sell, depending on market conditions, property appeal, and buyer interest.

  • Marketing & Exposure: Agent actively markets your home on the Multiple Listing Service (MLS), various real estate websites, social media, and through open houses, reaching a wide pool of potential buyers.

  • Negotiation: Agent handles all negotiations with potential buyers, aiming for the best terms and price.

  • Condition of Home: Often requires the seller to make repairs, improvements, or stage the home to attract buyers and pass inspections.

  • Closing Costs: Seller is typically responsible for various closing costs, such as title insurance, transfer taxes, attorney fees, and escrow fees (usually 2-5% of the sale price).

  • Paperwork & Legalities: Agent assists with complex contracts, disclosures, and legal paperwork, ensuring compliance.

  • Showings: Requires multiple showings to potential buyers, which can be disruptive.

  • Appraisal & Inspection: Sale is typically contingent on buyer's financing (appraisal) and a satisfactory home inspection

Selling to a Wholesale Dealer

  • Discounted Price: Expect to sell your home significantly below market value, as the wholesaler needs to purchase at a discount to make a profit.

  • No Commission Fees: You pay no real estate agent commissions, as the wholesaler is typically an investor buying directly from you.

  • Fast Closing: Offers a very quick closing process, often within days or a couple of weeks, ideal for sellers needing to liquidate quickly.

  • No Marketing Needed: You do not need to market the property; the wholesaler identifies and approaches you directly or through their marketing efforts.

  • Minimal Negotiation: The wholesaler will present an offer, and negotiations are generally straightforward and focused on a quick, "as-is" sale.

  • "As-Is" Condition: Wholesalers buy properties in their current condition, meaning you do not need to make any repairs, renovations, or clean-ups.

  • Reduced Closing Costs: Wholesalers often cover most or all of the closing costs, further reducing your out-of-pocket expenses.

  • Simplified Paperwork: The process involves minimal paperwork on your part, usually a simple purchase agreement.

  • No Showings: Typically involves only one or two visits from the wholesaler to assess the property.

  • No Appraisal or Inspection Contingencies: The sale is usually not contingent on financing, appraisal, or detailed home inspections.

Comparison to selling your home with a Real Estate agent versus with a Wholesale Real Estate co.

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