There are many reasons you may be selling your land. Whatever your motivation may be, if you are like most sellers, your first thought is to hire an agent to sell your land on your behalf for the convenience of having a professional handle everything. If you’re in a financial crunch, the expenses of listing may make it difficult for you to afford. And, if you need to sell fast, you should know that the buyer pool is smaller for land, so you are not likely to be bombarded with buyers the way residential listings are in the current market. However, hiring an agent isn’t always the right move, so you must know all your selling options to make the best choice for your circumstances.
Once you understand the out-of-pocket expenses for each method, the timeline for the sale to close, and the amount of profit you will make from each, you can decide what works best for you. If you are ready to learn more, read on as we explore three reasons you shouldn’t hire an agent when selling your land in Lorain.
Marketing Expenses
Marketing expenses are one reason you shouldn’t hire an agent when selling your land in Lorain, such as the expense of listing on top sites. Real estate agents typically hire professional photographers to present their listings in the best light. Agents understand that they must make a significant impact through high-quality digital imagery in the microseconds they have to impress buyers as they scroll quickly through their online listings. Professional buyers like those at Buckeye Home Solutions buy land for cash, so you can toss all the marketing expenses out the window when you sell directly. And suppose you’re in a hurry to sell. In that case, there is no uncertainty of when it will sell when you make a direct sale to a professional buyer from Buckeye Home Solutions, like when you hire an agent. The power of cash allows the local pros at Buckeye Home Solutions to provide you with a guaranteed closing date that you can select, often within a few days.
Closing Costs
Part of the closing costs fall to the sellers, and some of these expenses will come out of your pocket before closing, which is another reason you shouldn’t hire an agent when selling your land in Lorain. Professional buyers like those at Buckeye Home Solutions have a built-in time and cost-saving efficiency for sellers with their full-service in-house team of industry specialists, including everything you need for your closing at no cost to you. The professional buyers at Buckeye Home Solutions make it easy to sell your land in Lorain, providing you with the details of how we reach our offer. No fees or additional charges are coming off the top; unlike when you hire an agent, the amount of our offer is the amount of cash you will receive at closing.
Commissions
Paying commissions is another reason you shouldn’t hire an agent when selling your land in Lorain. Most sellers consider not hiring an agent to save the commissions. While you may save the commission by listing on your own, you should be aware that, statistically, land stays on the market longer than residential listings and sells for a lower price when listed as an FSBO.
And it can be overwhelming for sellers to list the property themselves. It is also stressful to handle the complicated paperwork and the other aspects of a land sale, like surveys and environmental studies. After considering these factors, it is easy to see how the expense of an agent may seem reasonable. However, a better option is directly selling your land in Lorain to local professional buyers like those at Buckeye Home Solutions who never charge commissions. You will benefit from the professional buyers at Buckeye Home Solutions handling everything for you without the costs you pay when you hire an agent.
Are you ready to learn even more about why you should not hire an agent when selling your land in Lorain?
The professional buyers at Buckeye Home Solutions will provide you with the details, showing you the expenses and how much you could profit if you hire an agent and list vs. our offer, which you will agree is fair. The professional buyers at Buckeye Home Solutions work with a policy of total transparency because we want you to feel good about the deal long after closing. After all, the professional buyers at Buckeye Home Solutions and their entire team are your neighbors who live and work alongside you here in Lorain. We take great pride in our work at Buckeye Home Solutions; we are passionate about helping sellers find the best solutions to their problems. Talk to the professional buyers at Buckeye Home Solutions today without any obligation and find out how we can help save you time and money while avoiding all the hassles of listing. Call Buckeye Home Solutions at (440) 482-1428.