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Listing Price: Realtors Commission: Closing Cost: Total $184,800: |
$200,000 $12,000 - $3,200 $184,800 |
The estimated price of $184,800 is what licensed professionals like agents want you to believe you will net, but in fact below are more cost they don’t tell you about.
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Holding cost for six months of mortgage
payments: Talk down on Price: Sellers Concession: A repair or update and item request: Total: |
$6,000 4% or $8,000 4% or $8,000 3% or $6,000 $28,000 |
Ok you are wondering about the
extra cost I added. First let me explain the holding cost. When you
first list your house for sale, that is when you want it sold.
Unfortunately that is often not the case. You end up waiting 6 months to
sale your house and 6 months of $1,500 in monthly payments equals
$6,000. You could have save this money by selling to us immediately.
It is a known fact that no one pays full asking price for a home. Not
only in Charlotte but the national statistic shows a seller will have to
reduced their asking price by 4% in most cases when a buyer puts in an
offer. In other cases the seller will end up selling for more of a
discount of around 10% which can eat into your profit even more.
Most buyers will request seller concessions to help them get into the
house with less money out of the buyers pockets. Buyers want to keep all
the money in their pocket they can so they can have utilities turned on,
maybe add new furniture or whatever. In this case they want you to help
reduce their upfront cost getting in, which in some cases is a deal
breaker if you don’t comply with their request.
The buyers that Realtors tend to find are owner occupants that are
really picky. Really they have every right to be since they have
excellent credit and the funds to close. So they make requests that you
think are ridiculous like change the toilet, paint the house over or put
the carpet in of their chose. If you don’t make those upgrades they
want, then they expect you to give me a credit at closing.
So lets see what you are really looking a as a net after you sell
through a Realtor.
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Net the Realtor want you to believe: Expense they don’t tell you about: Real Net Total that you can expect: |
$184,800 - $28,000 $156,800 |
Your
net would actually be around $43,000 less than your initial listing
price of $200,000. It is true that with a real estate agent you may sale
for more, but it cost a lot more than selling the house on your own.
Realtors are extremely costly.
Now you are asking yourself, what kind of net can you expect when
selling to me? Well I will tell you what, you can net a lot more by
selling your house to me directly and cut off on the holding time.
Reducing is really important if you need to sale immediately which is
the case for most homeowners. With the same house valued at $200,000
follow the example:
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My offer would be: Split closing cost: Total Net: |
$175,000 $1,600 $173,400 |
The net you get from selling to me
is around $16,000 more than could expect from selling through a Realtor.
That’s a lot of money you could put somewhere else or use for a new car
or whatever. I know you can really use that $16,000 extra, we all could.
To find out what kind of offer we can really make, you should fill in
the form below to get started immediately. Its truly a no-brainer to
sell to us so you can quickly move on. As you can see it really isn’t so
expensive selling to me, compared to a Realtor. I willing to pay more
than most investors are willing to pay. Most are only willing to pay
half or fifty cents on the dollar for a house which is a rip off if your
house doesn’t need much work.
We buy Charlotte houses as well as houses in Tampa, Florida, Salt Lake
City, Utah, and others.
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Sale your Home fast! |