Selling To Money Team Properties vs. Listing With A Local Agent
Even in a seller market like Michigan, it’s smart to look at your options and see what will 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 agent, that doesn’t always boil down to more money in your pocket or fewer headaches. Let’s dive into the details below to compare your options.
| Selling w/ An Agent | SOLD To Money Team Properties | |
|---|---|---|
| Costs/Fees: | ||
| Real Estate Agent Fee: | 6% of sale price is paid by you, the seller | NONE |
| Who Pays Closing Costs?: | 2-4% of sale price is paid by you, the seller | NONE – We pay all costs |
| Inspection & Financing Contingency*: | Yes, up to 15% of sales fall through | NONE |
| Repairs Needed to Sale Home: | Negotiated During Inspection Period | NONE – We pay for all repairs |
| Selling Process: | ||
| Average Days Until Sold: | 25-80 Days (45 days to an offer; 35 days to close) | 5-14 Days (1 day to an offer; 3-14 days to close) |
| Number of Showings: | It Depends (20 on average) | 1 “Showing” (Just Us) |
| Closing Date: | 30-45 days after accepting buyers offer | YOUR CHOICE |
| Appraisal Needed: | Yes, sale/financing is often subject to appraisal | NONE – We make cash offers |
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 Detroit area house offers.
Yes, here at Money Team Properties 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.
Like…
From offer to cash in your hand in as little as 5 days
What you don’t see listed in the table above is the ongoing carrying costs like mortgage, insurance, utilities, maintenance, and property taxes that cost you every month you hold the property. Get the relief of a quick 7-day closing date and avoid the expensive monthly carrying costs. You can get rid of the headache of that property fast and avoid paying any more utility payments, tax payments, insurance payments, or mortgage payments. You get the drill. If you list your house and wait 30+ days to close… You have to figure out all of the costs of holding that property during the time you have that property listed and wait for the property to close.
Avoid The Hassle of Repairs, Cleaning, and Showings
We don’t care how dirty your house is (we’ve seen worse!) or how many repairs are needed (a complete fixer? 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. Save yourself the headache of having strangers walking through your home and having to constantly leave your house for showings.
Don’t worry about paying those pesky closing fees (we’ve got you covered)
Because we are a full-service professional home buyer in the Detroit area, 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 Money Team Properties, 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 homeowners, 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/text at (313) 307-4517, 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.
Sell Your Detroit Home Quickly Today
*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 Money Team Properties we don’t use bank financing so you don’t have to worry about our ability to close on a deal.