How St Louis Agents and Investors are Working Together to Help Homeowners in St Louis

Homeowners in St Louis have two main ways to sell: list with a real estate agent or sell directly to an investor. Some businesses combine both roles; Patriot Homebuyer does not. We are a direct buyer, not a real estate brokerage. Read on for how agents and investors each help homeowners in St Louis, and how to tell which one fits you. 

Waiting

With a traditional listing, you’ll usually prepare the house, make the repairs needed to pass inspection, pay for that work up front and then wait for a buyer. For many homeowners, the potential for a higher price makes listing on the MLS with an agent the better choice. If time matters more, selling directly to an investor lets you skip the commission, the prep work and much of the waiting. That choice between price and time is the first thing to weigh. 

Financing Hurdles

Many sellers have watched a sale fall apart weeks in, after a buyer’s financing failed. A good listing agent will ask for pre-approval before accepting an offer, which lowers the risk but doesn’t remove it. A cash buyer like Patriot Homebuyer doesn’t need a mortgage, so there is no lender approval to wait on.

Showings

Showings help buyers picture themselves in the home, and with a listing they usually mean cleaning, staging and leaving the house on short notice. For sellers who would rather skip showings, a direct sale to an investor is an option worth comparing.

Fair Value

Whichever route you consider, ask for the numbers. An agent should show you the comparable sales behind a list price and estimate your selling costs. An investor should explain how they arrived at a cash offer for the house as-is. With both in hand, you can compare what you’d likely walk away with and decide with no pressure. 

Comparing Your Options

The goal is a well-informed decision about what may be the biggest asset you own. Patriot Homebuyer lives and works in the St Louis area, and we’ll tell you honestly whether a cash sale to us or listing with an agent fits you better. If a cash sale fits, we’ll make you a no-obligation offer. If listing fits, listing services are provided separately through Magnolia Real Estate. Contact Patriot Homebuyer today at 314-710-2685 to learn more!