When the time comes to try to sell your house, one of the first things you’ll consider is the net proceeds of the sale itself. After all, the net proceeds and the energy involved in acquiring them are really what you need to consider. We say ‘net proceeds’ because there are obviously costs involved in getting the property sold. One of the costs is the commission to the real estate agents, both buyer and seller side. To avoid these fees, some homeowners try to list and sell their own homes via what’s called a FSBO (for sale by owner). Unfortunately, most sellers end up realizing they’re in over their heads; more so, this can be an expensive lesson. It’s also why, in some scenarios, listing with an agent may be the proper course of action.
Alternatively, because professional investors like us don’t charge commissions (after all, we’re the end buyer), we can save sellers time, money, and stress. Read on as we explore five reasons why you should choose a direct sale to a company that buys houses in Hawaii instead of a FSBO listing.
Instead of spending a considerable portion of your budget preparing a home for someone else to use, why not save that money for your new home or for paying down debt elsewhere? You’ll have more money in your pocket at the end of the day if you’re not wasting countless hours preparing, cleaning, and maintaining the home for the general public.
It’s just one of the reasons you should choose a direct sale instead of a Hawaii FSBO listing. When you work with a professional buyer from Oahu Home Buyers, you won’t have to do any of this, and you can just take what you like and leave the rest behind – we’ll handle the rest.
Repairs and Upgrades
If you’re worried about passing the buyer’s home inspection (all buyers get inspections), this is yet another good reason you should choose a direct sale instead of a Hawaii FSBO listing. Direct buyers like those at Oahu Home Buyers purchase homes in as-is condition whereas retail buyers will often (ok, usually) ask for expensive repairs to be done — at your expense — prior to closing. WE DON’T DO THAT – we always buy in AS IS condition, even if the home is in teardown condition.
If you’re putting your home on the public MLS, you’ll probably want to pay for professional staging. You want your home to present in the best light since buyers will be looking at all houses, not just yours. If this sounds like you’re competing for buyers’ money — you’re right; you are, indeed.
The problem is that staging can easily cost a few thousand dollars to be done right. Think you can do it on the cheap yourself? Maybe, but what do you know about different lighting, neutral colors, and how to properly attractive a home’s best features? For most people, it’s not much. So you either plunk down a few grand or you risk your home not looking its best.
However, if you sell to an investor like us, there’s no need for staging at all because we’re the buyers and you don’t need to impress us. Avoiding the costs of staging and the stress of intrusive showings is another reason why you should choose a direct sale instead of a Hawaii FSBO listing.
A real estate agent’s job is to bring you a qualified buyer who will see the sale through to the very end. If you aren’t competing with other listings through the use of high-quality digital photography, perhaps a drone tour, and posted on all the top real estate websites, you aren’t likely going to be seen by most buyers who are shopping online (which is most buyers these days, right?). Saving the money for professional photographers and all the other costs of proper, effective marketing are even more reasons why you should choose a direct sale instead of a Hawaii FSBO listing
The time during the listing from when you come on the market until you actually close the sale, known as the holding period, can significantly reduce your net proceeds from the sale. How so? Mortgage payments, HOA dues, yard maintenance, property taxes, insurance, utilities, property managers……they all take their toll, month after month after month.
With us, your closing is as fast as you need it to be, and this is a time and money-saving reason why you should choose a direct sale instead of a Hawaii FSBO listing.
A direct buyer from Oahu Home Buyers can provide you with multiple options for selling your property directly to us. At Oahu Home Buyers, we want you to feel good about the deal long after the sale and agree that our offer was fair. Find out for yourself all of the reasons you should choose a direct sale to Oahu Home Buyers instead of a Hawaii FSBO listing. The professional buyers at Oahu Home Buyers will stop and take the time to listen to you, answering your questions with no obligation. Contact Oahu Home Buyers at (808) 333-3677.