Pros and Cons of Hiring an Agent vs. Selling to an Investor in Detroit

Ready to sell your house in Detroit ? Learn more about the pros and cons of hiring an agent vs. selling to an investor in Detroit!

Some people don’t realize that there are many ways you can go about selling your house. You are not required to hire an agent, pay commissions or even clean up. In some situations an agent is great. While in others, a direct sale to a private cash buyer investor is the better choice. Continue reading to learn about the pros and cons of hiring an agent vs. selling to an investor in Detroit!

Agent Pros

Potentially Higher Sale Price

When you work with a Detroit real estate agent, there is a chance you will receive a higher final sale price than if you would have sold directly. This is due to increased exposure and the opportunity to tell more people about your house. Keep in mind, your costs will also be much higher, so run the numbers ahead of time to find out if listing really is the right choice for you.

Handling The Details

When you work with a professional and qualified real estate agent in the Detroit area, they are sure to take care of the paperwork, showing, and marketing of your home. When you opt for an FSBO listing you will have to handle these things on our own. With a direct sale to Detroit Fair Offer, you can rest assured that we will handle all of the details too!

Agent Cons

Cleaning & Showings

Putting a home on the MLS requires it to be thoroughly cleaned before it is put on the market or seen by any potential buyers. In some cases, you will need to hire a professional cleaning company or rent special equipment for things like carpets and sidewalks.

Can Be Costly

Not all agents are full service, leaving you with a long list of expenses to take care of. Some agents will only list the property, leaving you to handle the marketing, showings, open houses, printed materials, signage and administrative costs. While this is included in some agent’s commission, in other cases, it is not.

It Can Take Months

When you work with a Detroit real estate agent, there is no guarantee if, or when the property will sell. In some situations, the house can sit on the market for a long time. This leaves you with the insurance, property taxes, mortgage, and utility bills for many months to come.

Investor Pros

A Quick Sale

When you sell your house directly to Detroit Fair Offer, you’ll be able to sell the property in days, not weeks or months. This can potentially save you thousands in holding costs. You will no longer need to pay for utility costs, homeowners insurance, property taxes, repairs, routine maintenance, and all the other expenses that come along with being a homeowner.

No Costs

Selling to a company such as Detroit Fair Offer will allow you to sell your Detroit house without any commissions, repair costs, continued holding costs, marketing expenses, or hidden fees. We will handle everything, helping you to keep a ton of money in your pocket.

Simple Process

Our process is simple and direct. You won’t have to deal with property showings, an unknown closing timetable, or delays in the transaction. Selling your Detroit house doesn’t require you to spend money or live in limbo.

Investor Cons

Lower Sale Price

Take this one with a grain of salt. While the final sale price will likely be higher when working with an agent and private buyer, the costs you encounter can completely negate these profits. Marketing, repairs, commissions, and closing costs will eat away at that sale price. Run the numbers if your method of selling is financially motivated. In some cases, a direct sale to Detroit Fair Offer can be the more profitable choice.

We Buy Houses Detroit | 313-647-8806

We can help you decide whether hiring an agent or selling to an investor will be the right choice for you! Get in touch with us today to learn more! (313)647-8806

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We buy houses in Metro Detroit and throughout southeast Michigan. There is no easier way to sell your house fast! Fill out this quick form to receive your cash offer now! Or call 313-647-8806.
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