When it comes time to sell your home in Las Vegas, there is no shortage of options! You can sell it on your own, with a realtor or to a cash buyer. There are pros and cons to each type of sale, so you’ll have to consider these points when making a decision.
For example, if you sell your property yourself, are you prepared to handle all the paperwork? If you want to work with a realtor, will you have the money to pay commission? And if you choose a real estate investor, will you be ready to move out in just a week or two?
Here are the top five situations where people are likely to sell their house without a realtor.
1. Home Needs Extensive Repairs
When a home has major damages, it’s a lot harder to sell. Most buyers don’t care to spend their own time and money fixing up a new property. They want homes that are in good condition. If you have a fixer upper and want to work with a realtor, you’ll either have to make the repairs yourself or significantly reduce your price. Even then, not all realtors will be interested in selling a fixer upper.
2. Facing Foreclosure
If you’re facing foreclosure, it may not be in your best interests to work with a realtor. Here’s why. Realtors step in when a home remains unsold after the final stage of foreclosure. When the house is sold, the realtor still gets commission. Foreclosures are no exception. In this case, the money will come from the bank.
3. Job Transfer
Some companies will cover the cost of moving if you transfer to a new location, but this all depends on the nature of the job transfer. If you took a new job with a different company, you may be on your own. To sell quickly, it’s best to sell your home for cash. A realtor may request that you take time to fix things up, stage the property, etc. – things you don’t have time for.
4. Your Home Is in a Bad Neighborhood
As the Las Vegas area continues to grow and change, some neighborhoods are no longer in their prime. If your area is going downhill, a local realtor will know it. Rather than paying a realtor commission and taking a lower price on the property, you can sell it to a realtor investor in Las Vegas. You’ll get cash-in-hand no matter the condition of your property, and you can move to a safer, better community.
5. Sudden Death in the Family
A sudden death can change your family’s circumstances. Whether a family death has left you an inherited property, unable to afford your bills or on a different lifestyle path, a cash sale can be a great way to ease the burden. You don’t have to worry about going through your loved one’s things and making decisions – you can sell the property for cash and relieve yourself of these financial responsibilities.
These are the top five reasons why people in Las Vegas sell their properties without a realtor. Each situation is unique, and there is no one right solution for everyone. To find out if selling your house for cash is the right move, contact We Buy Any Vegas House for a cash offer.