Selling To My Florida Home Buyers vs. Listing With A Local Florida Agent
Even in a sellers market like FL, it’s smart to look at your options and see what will actually help you best reach your goals with the sale of your house. While you may be able to get a higher “top line” sales price listing with a local Orlando agent, that doesn’t always boil down to more money in your pocket or less headache. Dive into the details below to compare your options.
|Selling w/ an Agent||SOLD To My Florida Home Buyers|
|Commissions / Fees:||6% on average is paid by you, the seller||NONE|
|Who Pays Closing Costs?:||2-3% on average is paid by you, the seller||NONE – We pay all costs|
|Inspection & Financing Contingency*:||Yes, up to 15% of sales fall through||NONE|
|Appraisal Needed:||Yes, sale is often subject to appraisal||NONE – We make cash offers|
|Average Days Until Sold:||3-6 Months||IMMEDIATE CASH OFFER|
|Number of Showings:||It Depends||1 (Just Us)|
|Closing Date:||30-60 +/- days after accepting buyers offer||The Date of YOUR CHOICE|
|Who Pays For Repairs?:||Negotiated During Inspection Period||NONE – We pay for all repairs|
Work The Numbers And See Which Way Helps You Get There…
When you really work the numbers you start to see the real benefits that each way of selling your Florida house offers.
Yes, here at My Florida Home Buyers we won’t be able to offer you full retail value for your house… but we also offer other benefits that going the traditional house sale route can’t offer.
From offer to close and cash in your hand in as little as 7 days
You can get rid of the headache of that property fast and avoid paying any more utility payments, tax payments, insurance payments, mortgage payments, etc. If you list your house and wait 90+ days to close… you have to figure in all of the costs of holding that property during the time you have that property listed and are waiting for the property to close.
Don’t worry about fixing anything up or cleaning your house again and again for buyer after buyer
We don’t care how dirty your house is (we’ve seen worse!) or how many repairs are needed (a complete fixer upper? great! we love projects!)... we’d like to make an offer on your house. This saves you time and money that you can keep in your pocket.
Don’t worry about paying those pesky closing fees (we’ve got you covered)
Because we are a full-service professional home buyer here in Florida, we make it easy for you. We pay for all of the closing costs. What we offer you is what you get (of course minus any mortgage payoff or other encumbrances on the property). Pretty refreshing, eh?
So when you add up the time you could save by working with My Florida Home Buyers, the no-hassle experience, and the money you’ll save on commissions, fees, and holding costs while you wait to sell the traditional route… for many area home owners selling to a professional house buyer is the best viable option.
Is it for you?
See for yourself and get a fair all-cash offer on your house today.
Just fill out the short form below or give us a call at (352) 519-4512 and let’s chat! Our process is simple and you can close on the date of your choice. You have nothing to lose by getting an offer (no obligations – no pressure). But you could potentially lose thousands of dollars or months of your time by not testing us out and requesting your FREE house offer below.
*An inspection contingency lets the buyer have time to do an inspection and back out of the sale or negotiate a new price if there are repairs that need to be done. If you can’t come to an agreement with the buyer, the buyer has the right to back out of the sale. Similar, a financing contingency gives the buyer the wiggle room to back out of the purchase if they can’t obtain a loan or if the home doesn’t appraise for the value that the bank needs to close the loan.
Here at My Florida Home Buyers we don’t use bank financing so you don’t have to worry about our ability to close on a deal.
Video Transcription: Selling Your House To Us vs. Listing With A Real Estate Agent
Hey, this is Matt with My Florida Home Buyers. In this video, I want to talk to you about the difference between selling your house to My Florida Home Buyers versus listing and selling your house with a realtor.
Difference #1: We Buy Your House FAST
The first difference between listing with an agent and selling to us is speed. Basically, we’re going to be able to buy your house in as little as seven days. I usually tell people 7-14 days, and when you list with a realtor, everybody knows it takes three months, six months, nine months, depending on your area, depending on the house. Not with us. We can actually buy your house. We’ll make you a cash offer, and we can close in as little as seven days, so you’re not waiting around that entire time period.
Difference #2: We Pay All Of Your Closing Costs And There Are No Fees Or Commissions
Another thing that’s different between listing your house with a Realtor and selling to us is there’s no commission to pay to us. Typically, you’re going to pay 6% commission to a realtor, and you’re also going to have to pay all the closing costs that a seller traditionally pays when you list with a realtor. Buyers are going to expect you to pay all of that. When you list with us, though, you’re not going to pay closing costs, and you’re not going to pay any commissions.
Difference #3: We Buy Your House As-Is
Now, one of the big reasons that people sell to us is we buy your house as-is. You don’t have to clean up. You don’t have to make any repairs. It doesn’t matter what the house’s condition is. We’ll buy it as is, and we won’t require you to make any repairs before closing. That’s not the case when you list with a real estate agent. Typically, when you listen with a real estate agent, you’re going to be selling your house to a buyer who intends to live in the house, like a retail buyer. Typically, retail buyers need financing to buy the house, so that you’re going to be dealing with a bank, and you’re also going to be dealing with a buyer who intends to occupy the house and live in the house.
Avoid Home Inspections And Costly Repairs
The first thing you’re going to run into is with the home inspection. The buyer is typically going to have a home inspection done on the house. The home inspector is going to make a list, it could be 30 pages long, of things that are wrong with the house, and they’re going to take pictures of every little thing and say, “This needs to be fixed and this needs to be fixed and this is dangerous and this is dangerous,” and then that buyer’s going to come back to you, and they’re going to say, “Hey, we want some or all of this fixed before we’re willing to actually proceed with this contract and close on this house.”
Then, you’ll typically have to go back and make all these repairs in order to make this buyer happy enough to move forward with the sale, and it could be something as simple as putting GFCI outlets in the kitchens and bathrooms so that the house will pass a four-point inspection, or it could be as big as they request that the roof be redone before closing or the house be rewired or new windows be put in, something like that, and that’s expensive, expensive stuff, and if you don’t have the cash laying around to do that, well, you either have to do it or the buyer’s probably going to walk away.
Avoid Buyer Financing Contingencies – We Buy With Cash!
Once you get through that, say you negotiate the repairs with the buyer and you get through the inspection period, the second thing you’re going to have to deal with is the financing. Like I said, most retail buyers are going to need financing to buy a house. Depending on their financing type, the bank is actually going to also look at that inspection report, and say the buyer wasn’t picky and they didn’t really want too many repairs done. Well, now the bank, the buyer’s financing is going to look at that, and they’re going to say, “Oh, no, no, we’re not going to lend any money on this house until all of these things are fixed.”
So, not only do you have to deal with the buyer who could potentially be picky, or even if they’re not picky, now you’re going to have to deal with the bank who’s going to have a list of requirements that need to be done before they’ll actually lend the money to the buyer for the house. The common things are the roof. “Hey, the roof has less than five years of life left on it. We need that replaced, or we’re not lending any money,” or the electrical is outdated, the plumbing’s outdated, the AC system is too old, things like that. Everything the bank requires is usually expensive stuff they want. It’s all the big-ticket things that they’re looking at to make sure that the money that they lend on that asset is not going to be wasted somehow.
There are two big reasons to actually sell your house to us as-is, as opposed to listing with an agent, and it’s just the repairs. They’re going to hit you with the repairs, and, as I said, if you don’t have the money to make all these repairs or you don’t want to fool with making all the repairs, sometimes it can be better to sell to us. We’re not going to ask you for any repairs. We’re going to buy the house as-is. We’re going to come out and inspect it, of course, and take a look at it, but we’re not going to ask you to make any repairs. We have cash. We don’t have to deal with banks. There are no banks involved, and there are no inspections other than us coming out and taking a look at the house. We can buy it as-is. When you list and sell with a realtor, that’s not always the case.
Those are the main differences between listing your house with a realtor versus selling your house to My Florida Home Buyers. With us, we’re going to pay you cash, we’re going to close in as little as seven days, we’re not going to require you to make any repairs or even clean up the house, and we offer you a guaranteed closing so there’s no chance of it falling through after an inspection period, there’s no chance of a buyer losing financing because we don’t work with banks. We have our own cash.
We Buy Fast. We Buy With Cash. No Repairs Needed.
If that is something that interests you, if you have a house that maybe is not best suited to list with a real estate agent, maybe even if you did list with a real estate agent, the house is in such poor condition that you’re going to need a cash buyer anyways, well, just save yourself the commission, submit your information on our website, and we can help you out with that, and you can sell directly to the cash buyer and save yourself a ton of money. Even if your house is in great shape, maybe you need to close fast, maybe you want to close on a particular date, maybe you don’t want to have showings for three to six months with people walking through your house, maybe you don’t want to deal with all those hassles.
We can help you out either way, or if it’s something that maybe you submit your information to us, and then, at some point during the process, you decide, “Hey, I think I’ll be better off with a real estate agent,” cool, that’s great, too. We can actually refer you to a great local real estate team who can take care of you. Either way, submit your information through our site. We’ll point you in the right direction. And we’ll get your problem solved.
Again, this is Matt with My Florida Home Buyers. Have a great rest of your week, and I’ll see you in the next video.