Selling a house can be a stressful and time-consuming process, especially if you are not familiar with the local real estate market. As a homeowner in Atlanta, you may face several struggles when trying to sell your house, including showings, repairs, and paperwork. In this blog, we’ll discuss seven common struggles homeowners face when selling their homes in Atlanta and how working with a direct buyer can be a better option.
1. Limited Market Exposure
One of the biggest struggles homeowners face when selling their homes in Atlanta by themselves is getting enough exposure to potential buyers. Traditional methods of selling a home, such as listing with a real estate agent or placing a “for sale” sign in the yard, may not be enough to attract the right buyers. Direct buyers have a large network of investors and buyers who are actively looking for homes to purchase, which can increase your chances of finding a buyer quickly. They also utilize a lot of social media platforms to get the home in front of various real estate groups all over the country.
2. Costly Repairs and Updates
When selling your home, to make the most money, it’s essential to make necessary repairs and updates to ensure that your property is in top condition. However, these repairs and updates can be expensive and time-consuming, which can delay the selling process. If you don’t have the funds or access to credit to make these repairs, you probably won’t be able to reach top dollar for your property. Direct buyers typically purchase homes in “as-is” condition, which means you won’t have to worry about making any repairs or updates before selling your home. You won’t get top dollar for your home as the direct buyer has to make all the repairs, while holding onto the home for a longer period of time. But, you will be able to get out from your property without getting further into your bank account. If you’re one of many homeowners looking at selling their homes in Atlanta, this could be the route for you.
3. Staging and Showing
Staging and showing a home can be a significant hassle for homeowners. It requires keeping your home in pristine condition at all times and being available for showings at a moment’s notice. Unfortunately, it’s a price you pay if you want to get the most offers on the table for your home which can lead to bidding wars in some instances. However, direct buyers typically purchase homes without the need for staging or showing, which can save you a lot of time and hassle. They are purchasing for themselves and have seen plenty of homes in distress so there is no need for cleaning regularly.
4. Negotiating with Buyers
Negotiating with buyers can be a stressful and emotional process, especially if you are not familiar with the local real estate market. Direct buyers typically make fair cash offers based on the current market value of your property, which means you won’t have to worry about negotiating with potential buyers. It is very wise to do your homework still though. There are a lot of so called “investors” out there who will “buy” your home. Ultimately, they are just wholesalers looking to sell the contract they have in place for your home. This means that if you got your home under contract with that investor for $200,000, they might turn around and sell it for $225,000, keeping the $25,000 as a commission. This cost you a lot more than using a real estate agent. Just do your homework before going under any contract.
5. Lengthy Closing Process
The closing process for a traditional home sale can be lengthy and complicated, which can delay the selling process. Direct buyers typically have a streamlined closing process, which means you can sell your home quickly and efficiently. Most direct buyers are cash buyers which means they aren’t waiting on appraisals and financing, just the attorney to run the title search. Your close time with a direct buyer could be anywhere from 5-10 days.
6. High Commission Fees
Listing your home with a real estate agent can be costly, as they typically charge a commission fee of 5-6% of the sale price. This fee can add up quickly, especially if you have a high-value property. Direct buyers typically do not charge any commission fees, which means you can keep more of the profits from the sale of your home. Once again, if you sell to an “investor,” just make sure you’re selling to the actual end buyer. This way, you’re ensuring that you’re getting the most for your home and the other person isn’t reselling it at the closing table and making a large spread on your hard work.
7. Uncertainty and Stress
Selling a home can be a stressful and uncertain process, especially if you are not familiar with the local real estate market. Direct buyers can provide you with a sense of certainty and peace of mind, as they typically make fair cash offers and have a streamlined selling process. Here at ATL Cash Home Buyers, we go through everything with you and show you all our research so you know you can feel confident in the deal.
Selling a home in Atlanta can be a challenging and stressful process. However, working with a direct buyer may be a better option for homeowners who are looking at selling their homes in Atlanta quickly and efficiently. Direct buyers can provide you with a fair cash offer, a streamlined selling process, and a sense of certainty and peace of mind. If you are struggling to sell your home in Atlanta, consider working with a direct buyer to alleviate some of the common struggles homeowners face when selling their homes in Atlanta. ATL Cash Home Buyers is buying houses directly in Atlanta and the surrounding areas. Reach out to us today for a no-obligation offer and answers to all of the questions you have about selling your property. 404-439-9984
