Looking to sell your home and considering hiring a real estate agent in Metro Detroit to help? For a picture-perfect home, that’s probably the right idea! In fact, this is almost always one of the first things people think to do when it’s time to sell a property – and with good reason: Talented agents in your area who can help you sell your house are always eager to jump in to earn your business. That said, letting an agent handle your property sale is not your only option. In some cases, distressed sellers may have better luck opting to go with a direct sale. That’s where 3D Property Solutions comes into the picture! Our direct sale process could likely save you both time and money. Find out what you need to know before signing any contracts to list or sell your property in Metro Detroit.
Key #1: Potential Costs
When you sell, you’re looking to maximize your profits, right? Don’t forget that selling your house with an agent in Metro Detroit will impact your wallet and rack up costs both before and after the sale. Yes, you can usually recoup these costs if the house sells, but there are never any guarantees. For starters, to attract the buyers willing to pay top dollar, you’ll need to fix up the property, making it stand out from your competition. You’ll also likely need to pay for marketing and deal with agent commissions once the property has closed. Part of the transaction includes paying for closing costs as well as any continued holding costs while your property sits on the market. Even a vacant house needs insurance, active utilities, and up-to-date taxes! A direct sale to 3D Property Solutions eliminates these costs and allows you to sell your house as-is.
Key #2: Expected Time Until You Close
When hiring an agent in Metro Detroit, there is never a guarantee as to when you will make it to the closing table, or even IF you will make it to the closing table. In a perfect world, you would find a buyer right away… but for some properties, it could take weeks or even months to find a buyer. Plus, when a buyer needs a bank for financing, the escrow process can become drawn out – even beyond initial estimates. For example, sometimes a single appraisal or single inspection isn’t sufficient. Each added step in the process can add days or weeks to your timeline – during which, you could spend thousands in holding costs while you are waiting for everything to finalize. The worst part: the sale can fall through at any time – even months after you and the buyer signed the contracts. There is a lot of uncertainty to consider if you are looking for a timely sale of your property in Metro Detroit.
Key #3: All Real Estate Agents Are Different
Hiring an agent should be more like an interview than most people realize. While many agents will have your best interest at heart, others are just there to close as many deals as possible. For the sale of what is often your largest transaction, confidence in your agent is critical. Be careful who you trust to represent you in such an important matter such as selling your house in Metro Detroit. If you choose to work with an agent, be sure to ask questions about their experience, local knowledge, and marketing plan for the home. Ask questions. See how they respond to your suggestions and ideas. Check references! Don’t just choose an agent because they are popular or because they have ads on TV.
Key #4: Check Your Contracts
Don’t miss the payment clauses! Sellers are often surprised that once they sign a listing agreement with a Metro Detroit real estate agent, they may be on the hook with their agent for more than they bargained. Did you know that in some cases, you will still have to pay your agent’s commission even if you sell the house yourself? Before you sign any contracts in regards to your house, make sure you read all of the fine print and are ok with the terms.
Key #5: There Are Other Ways to Sell Your House
Listing with an agent is not the only way to sell your house in Metro Detroit. Working with a private and experienced buyer such as 3D Property Solutions can ensure you receive a great price and a fast closing. You can also get creative and consider options such as owner-financing in which you become the bank in essence, collecting a monthly income from the home. Even if you think your existing mortgage will be a problem, odds are we have a solution for that situation too! There are many solutions for home sellers in Metro Detroit, and 3D Property Solutions is happy to help you explore them all!
Sum It Up!
Hiring an agent in Metro Detroit? Before you do, it’s important to get the facts. At 3D Property Solutions, we can help you get all of the information you need so that you can make the best decision for your situation. We want to help you achieve the best result possible for your situation. Reach out to us today to learn more about what we can offer you! (248) 949-1224