How a Cash Sale Compares With Listing Your St Louis House

You may have heard of hybrid real estate businesses that both list homes and buy them. Patriot Homebuyer isn’t one of them: we buy houses directly, and we are not a real estate brokerage. What we can do is help you compare a direct cash sale with listing, so you can choose the path that fits. Read on for four things to weigh.

Options

Start with your situation: your timeline, the condition of the house and what you need from the sale. With a direct sale, you sell the house to a cash buyer as-is. With a listing, a licensed real estate agent markets the house on the MLS and finds a buyer. Neither is right for everyone, which is why it pays to look at both.

Experience

A good listing agent knows the local market, prices the house well and markets it so it stands out. That matters most when the house is in good shape and you have time for showings. A direct buyer focuses on the house as it is today: what it needs, what it will cost to fix, and how soon the sale can close. If your house needs a lot of work, a direct sale may be the simpler route.

Straightforward

Whichever route you consider, ask for the numbers in writing. A cash buyer should explain how they arrived at the offer. An agent should show you the comparable sales behind the suggested list price and estimate your selling costs. Then you can decide whether the trade-off of a faster, as-is sale is worth more to you than the potential for a higher price through a traditional listing. Nothing about the comparison should be hidden.

Money

A listing often brings a higher sale price, but you’ll usually pay a commission, closing costs and whatever repairs or updates you choose to make, plus holding costs while the house is on the market. With a direct sale to Patriot Homebuyer, there’s no commission and no repairs on your end, because we take on the repair work after we buy. The right choice is the one that leaves you better off, in money and in time.

Patriot Homebuyer buys houses directly. If listing fits you better, listing services are provided separately through Magnolia Real Estate, where Lillian Titus is a licensed Missouri real estate agent. When we buy a home, Lillian acts as a buyer, not as your agent. We’re happy to answer your questions with no obligation. Send us a message or call Patriot Homebuyer at 314-710-2685!