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What Are The Different Fees Paid To Agents Versus Paid To Investors?

The Different Fees Paid To Agents Versus Paid To Investors

What Are The Different Fees Paid To Agents Versus Paid To Investors?

You want to sell your house and you’re looking forward to putting some money in your pocket. But did you realize that selling your house may mean you have to PAY money? In this blog post, we break down what are the different fees paid to agents versus paid to investors…

It’s true… selling your house can sometimes mean that you have to pay. (This isn’t always the case but it often is.) We want to you to know about the different fees you have to pay because this information may help you decide whether to work with an agent or to sell your house directly to an investor.

What Are The Different Fees Paid To Agents Versus Paid To Investors? — Agent Fees

An agent is a salesperson and they will try to find a buyer to buy your house. In order to do this, they will list your house in a listing service and use various marketing efforts to try and find a buyer.

So you’ll end up having to pay some fees to the agent. Those fees usually include a commission if they can sell the house (this is the highest amount of money you’ll have to pay and it’s often about 6% of the sale price of the house, or about $6,000 for a $100,000). There may be other fees you have to pay as well, and these might include different advertising fees or other costs associated with selling your house. There might be a fee to list your house, or there might be a fee to the agent’s brokerage or there might be a fee to get a sign in front of your house or there might be a fee for the title company… the list goes on and on. You can ask the agent about these and they should tell you.

What Are The Different Fees Paid To Agents Versus Paid To Investors? — Investor Fees

This is the part that surprises most house-sellers: for most investors, there are rarely any fees to cover. Investors will usually take care of all fees associated with selling. Plus there’s no commission to pay because they’re not agents so they’re not listing your house. You might be responsible for closing costs but this depends on the investor so make sure you ask the investor who pays for those costs.

The One “Fee” You May Not Be Thinking Of

There’s one more cost (“fee”) that you might not be thinking of: when you work with an agent, they’ll get you to fix up your house and then you’ll have to pay bills and taxes for as long as it takes the agent to find a buyer. So although this isn’t a fee to the agent, it’s a cost you’ll have to pay because of the agent… yet when you sell the house to an investor, they buy quickly so you end up saving this cost as well.

So what’s right for you? It depends on how much you’re willing to pay and how quickly you need to sell. The different fees paid to agents versus paid to investors.

If you want to go over this in more detail or confirm that we won’t charge you any fees if you sell your house to us then please get in touch and we’ll be happy to walk you through it.

We’re happy to give you more information about our buying process and to share with you exactly how it all works. Click here and enter your information or pick up the phone and call us at (502) 631-9392.

 

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Cash for Homes in Louisville Buyers – Will I Get A Fair Price?

Cash for Homes In Louisville

Cash for Homes in Louisville Buyers – Will I Get A Fair Price?

Time and money are crucial factors when you are selling your home. If you need to sell your Louisville house fast… there are local professional home buying companies who pay cash for homes in Louisville Kentucky.

Let’s dive into how you can sell your local Louisville house fast and get cash for your house in the process without having to list your house with a real estate agent, or wait months for it to sell. Cash for Homes in Louisville. We Buy Houses Cash

 

How Do Cash For Homes in Louisville Buyers Work?

Finding reputable local Louisville house buyers who pay cash for homes in Louisville can be a daunting task. However, with a little research, you can find that there are several investors out there looking to buy property for cash. Here are some of the things you should look at when you’re working with local cash home buyers (including our company, [company], we buy local Louisville Kentucky houses fast).

And before you dive in below… if you’re not sure how the process of a cash buyer like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 buying your local Louisville house works… check out our “How it Works” page on this site and our FAQ. Cash for Homes in Louisville.

Price And Time Are Trade-Offs – Which Is More Important To You?

As you might suspect, it is not easy to get the full market value for your home if you are selling it fast on cash.  To get the full market value of your house, you may have to wait 3-6+ months… and often will need a real estate agent out there marketing your house to find you the best buyer. Real estate agents charge a commission (usually between 3-6% of the sale price)… so if it takes you 6 months to sell and you have to pay a 5% commission… is that worth the wait?

Most often, local Louisville house buyers like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, we’ll evaluate your house… determine what it’s worth if it’s fully fixed up… determine how much we’ll have to invest in repairing / renovating the property… how long it will take us… and of course we have to turn a small profit for our risk in buying the house, renovating, and selling it… so we do tend to make offers that are below the full retail market value.

But we can close quickly (in as little as 7 days if you need us to)… so if selling your house fast with zero hassle at all is more important than getting every penny out of the sale… submit your info on the form on this next page or give us a call at (502) 631-9392.

We can make you a fast no-hassle offer in less than 24 hours.

We like to make sure every house seller we work with knows all of their options, and we even encourage you to get other offers and shop them around. We won’t be offering the lowest price in town… we often won’t offer you the highest price… but you can be assured that when we make you an offer, we’ll follow through with what we say we’ll do. Cash for Homes in Louisville.

How Much Work Do You Want To Put Into Making Your Louisville Kentucky House Sell?

Another big factor that local Louisville cash home buyers like Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 can offer is we take 100% of all of the work and hassle to sell your house off of your hands.

We handle it all.

No, we’re not listing your house like an agent does. With that route… you’ll still have to clean up your house… get it ready to show it when the streams of potential buyers want to see it… go back and forth through your agent with the buyers on price and terms, etc. It can be a lot of work. Cash for Homes in Louisville.

Especially if your house here in Louisville needs some work.

But, we offer cash for houses in Louisville Kentucky because we’re professional home buyers based locally here in Louisville.  If a house needs work, we’ll buy it as-is and we’ll pay for the repairs it needs out of our pocket after we buy it from you. And you won’t have to worry about the paperwork either… we’ll get it all created at a reputable neutral party closing agent in town of your choosing… or we can recommend the ones we’ve used for years. Cash House Buyer

Basically, we can make you a fair all cash offer on your Louisville house (or Call Us Today at (502) 631-9392!)… and if it’s a fit, great! We’ll handle everything.

Do Your Research And Trust Your Gut

Before you decide to go with an investor offering cash for your property, be sure to investigate their reputation carefully. Consider asking for references from the investor. Talk to people the investor has worked with in the past to determine whether they are the right fit for you.

There are people out there who are less than honest… so make sure to do your research, talk to them and make sure you can trust them, and that they can actually close on the offer they made you on time.

We take our reputation seriously and are glad to answer any questions you have about us, how the process works, and how we can help you. Buying Houses Cash

When you’re ready to start the process of selling your Louisville Kentucky home for cash, fill out our form and we’ll help you get started.

Call Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 today at (502) 631-9392 for an immediate cash offer on your Louisville Kentucky house… or Submit The Fast Offer Form Here >>

 

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Key Disadvantage Of Selling To An Investor Over A Traditional Buyer In Louisville – Here’s What You Need To Know

Disadvantage of Selling to an Investor Over a Traditional Buyer

How To Find A Great Investor In Louisville To Sell To.

If you’re thinking about selling your house, you might be weighing your options about how to sell. Keep reading to learn the key disadvantage of selling to an investor over a traditional buyer in Louisville…

Disadvantage Of Selling To An Investor Over A Traditional Buyer

You have a lot of options when it comes to selling. You might sell through an agent to a traditional buyer, or you might consider selling your house directly to a real estate investor.

There are advantages and disadvantages to both. But if you’re thinking of selling to an investor, here’s the one key disadvantage of selling to an investor over a traditional buyer in Louisville that you should be aware of:

When you sell through an agent, the agent usually has to pass an exam and get certified in order to be an agent. And they have to usually pay money to different organizations (such as a brokerage and/or a licensing board – it varies from one state to the next).

On the other hand, anyone can be an investor without any formal training or certifications. Someone can just say they’re an investor and they’re an investor… without any additional training. This can be a disadvantage to house sellers like you who might be looking for help in your situation but you end up working with an investor who has no experience.

Fortunately, there ARE investors out there who have the skills, knowledge, and experience to help you in your situation, no matter how complicated it is. Disadvantage Of Selling To An Investor Over A Traditional Buyer.

Here’s How To Find A Great Investor To Sell To

Start by looking for the investor’s website. Do they have one? What information is on there? Are they helpful? Do they give you lots of information? Do they have testimonials or case studies that demonstrate their experience?

Then, call their office and talk to them. Are they respectful of your time? Do they sound like they know what they’re talking about? Are they helpful? Ask them about their process and how they work with you. They shouldn’t be pushy and should offer no-obligation offers to you.

You can learn a lot about an investor with just these two steps. While anyone can be an investor, there are many great real estate investors out there who have your best interests at heart and who will work hard to help you.

Consider our company, for example: you are welcome to click around our site and learn more about us. We are an open book and always happy to help. Feel free to get in touch with us to ask our team questions before you decide.

When it comes down to selling your house through an agent or to an investor, selling to an investor is faster and easier… as long as you find the right investor! We’re happy to talk to you before you make any decision! We want to get to know you and earn the right to buy your house. Disadvantage Of Selling To An Investor Over A Traditional Buyer.

 

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4 Key Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville

Advantages of Selling to an Investor Over a Traditional Buyer

How to Sell And Who You Should Sell To?

If you’re thinking about selling, you’re probably weighing your options right now and maybe deciding how to sell and who you should sell to. Check out this blog post to learn the key advantages of selling to an investor over a traditional buyer in Louisville…

When it comes to selling your Louisville house, you have a number of options. You could work with an agent to list your house and they’ll try to find a buyer. Or you could list your house yourself and try to find a buyer. Or, you could work with a real estate investor who will buy your house from you directly… and fast. Here are the advantages of selling to an investor…Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville.

Key Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville: Speed

In order to sell to a traditional buyer, that buyer has to be found by the agent… which is a process that can take months. Fortunately, you don’t have to wait that long. When you sell to a real estate investor, they can close fast – often in as a little as a week or two (it varies, depending on the investor). Since they are buyers, and there’s no searching… you already know who they are so you can sell quickly! We Buy Houses Louisville!

And a bonus of this: you don’t have to pay bills and taxes on that property while you’re waiting for a buyer to be found. This can save you hundreds or even thousands of dollars in ongoing bills. Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville. We Buy Houses.

At Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, we can often buy houses in Louisville within 7 days. Click here to enter your information and we can get back to you right away to give you more details.

Key Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville: No Repairs

Not every house is in pristine condition. That’s okay, it happens. But when you sell to a traditional buyer, you’ll probably have to pay out-of-pocket to fix up the property and clean it before a traditional buyer will even look at your house. But most investors buy houses in as-is condition, which means you can save money and time (and hassle!) by skipping the repair and cleaning.

And if the repairs are really extensive, you won’t have to deal with a contractor, either. Yes, the investor may ask for a small discount on the selling price since THEY are covering the repairs instead of you, but this is a small price to pay to sell quickly and without all the hassle. Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville.

Key Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville: No Guessing

This is perhaps the biggest problem of them all: When you sell to a traditional buyer, you’re guessing and hoping that they’ll pay you the asking price for the house… and if you wait several months and they negotiate a lower price, well, that’s not ideal. But when you sell to an investor, you know exactly what the investor will pay right away. You don’t have to accept their offer but it’s a great first step to help you decide how to move forward. Sell House Fast Louisville.

There are many ways to sell your house. And although selling to an investor might not be the right choice for everyone, it might be right for you. Advantages Of Selling To An Investor Over A Traditional Buyer In Louisville. We Buy Houses Fast! We Buy Houses Cash!

 

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about selling your house.

We’ll be happy to walk through a closer comparison

between selling to agent versus selling to an investor.

 

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3 Ways To Tell Real Estate Agents And Investors Apart In Louisville.

Ways To Tell Real Estate Agents And Investors Apart In Louisville

Ways To Tell Real Estate Agents And Investors Apart In Louisville

If you’re thinking of selling, you’ll likely connect with people who want to help. Some will be agents and some will be investors. Check out this blog post to read about 3 ways to tell real estate agents and investors apart in Louisville, and help you understand why you might want to work with one versus the other…

Thinking about selling your house? You might be approached by a bunch of different people who all offer to help you sell. But not everyone who offers to help will help in the same way. Some are real estate agents, other are real estate investors and they’ll help you in different ways. Here are 3 ways to tell real estate agents and investors apart in Louisville. We Buy Houses.

Ways To Tell Real Estate Agents And Investors Apart In Louisville: List Versus Buy.

The easiest way to tell agents from investors is to ask what they are going to do with your house – list it or buy it. A real estate agent will list your house on a listing service and they’ll try to find a buyer. They might need to show it to several people in order to find one buyer. We Buy Houses Louisville.

An investor, on the other hand, isn’t going to list your house – the investor is a buyer and they will buy your house from you directly. (That’s what we do at Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 – we’re buyers and we buy houses in Louisville. If you want to sell your house, click here and enter your information to find out how much we can pay).

Ways To Tell Real Estate Agents And Investors Apart In Louisville: Timeline To Sell.

The next way to tell an agent apart from an investor is to ask about their timeline to buy. An agent won’t know because they have to find the buyer first. In many cases, they might be looking at 3-12 months during which they’ll show the house to multiple potential buyers. We Buy Houses Cash.

An investor, though, will know exactly how long it will take to buy your house since they’re the ones who will buy it. They will have an exact timeline (which could depend on you and how quickly you want to sell). We Buy Houses Fast.

Ways To Tell Real Estate Agents And Investors Apart In Louisville: Commission Versus No Commission.

This one is crucial! An agent makes their money when they find a buyer and then you have to pay them a commission on the house (which could be somewhere around 6% of the sale price… or $6,000 on a $100,000 house).

An investor, however, isn’t listing your house so there aren’t any commissions. That’s because an investor will make money by either renting the house to a tenant or fixing up the house and selling it… so they make their money in a different way. Sell House Fast Louisville.

There are other ways to tell an agent or investor apart. The best thing to do is just ask… they’ll tell you!

If you’ve read this post and decided to see what an investor can pay for your house, get in touch with us.

 

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I Inherited a House, What To Do? – Should I Rent or Sell in Louisville?

I Inherited a House, What To Do? – Should I rent or sell in Louisville

Inherited House – Should I Rent or Sell in Louisville?

First, we’re so sorry for your loss. This can be a very challenging time for many reasons, and dealing with property ownership is tough at the best of times.

You’re thinking, “I inherited a house, what to do with this house?” Should I rent it? Should I sell it?  How should I sell it?

Tons of options open for you, but…

… we can help.

We’re seasoned investors in Louisville real estate, and we’re looking to buy several houses each month in the Louisville Kentucky area. Every month we get calls from those who have inherited a house and are looking to sell the house… so the info below are some tips to help you navigate the process.

I Inherited A House, What To Do Next?

Here’s a few important considerations to help you make the right decision:

1) Make sure the mortgage is paid.

This may sound obvious, but if the person who left you a property also had a mortgage (unless it had no mortgage and was paid off, which is great!), you have to pay it (assuming you want to keep the property). Some banks will allow you to assume the loan, while others may force you to refinance into a new loan. If you don’t qualify for a new loan, renting may not be an option for you. I Inherited a House, What To Do? – Should I Rent or Sell in Louisville?

2) The investment is only as good as the manager.

If dealing with brokers, maintenance, tenants, rent collection and all the nuances of property management isn’t the best use of your time, hire a professional to help you or cash out now.  Some people who inherit homes decide to keep the house and rent it for extra income. That’s a great strategy for sure. You just need to be prepared to manage the property and the hassles that can go along with tenants and toilets.

3) Property ownership costs money.

It’s rare to see a building that’s been perfectly maintained. Most inherited houses need major improvements.

Consider hiring a professional property inspector to give you a detailed rundown on what you’ll need to do within the next five years, along with estimated costs. Surprises are very, very expensive. I Inherited a House, What To Do? – Should I Rent or Sell in Louisville?

4) Selling a property for top dollar costs money.

If you don’t want to deal with making repairs, updating kitchens, improving landscaping and overall cleanup, don’t worry. We buy Louisville houses for cash, as-is. I Inherited a House, What To Do? – Should I Rent or Sell in Louisville?

5) If the market will continue to grow faster than your other options, hang on to the investment.

We can help you analyze the value of your property today versus the long-term benefits of renting. If you can use the equity in your property in another way that outpaces the performance of the real estate market, you should. If you don’t have anything better to do with the money and the neighborhood is rising in value, hang on – real estate can be a great investment if you know how to correctly read the market.

6) Uncle Sam wants a piece of the action.Tax Inheritance

Don’t forget to discuss your inheritance with tax and legal professionals before you take action. There are major property and income tax consequences that will dramatically impact the cost of owning your investment. I Inherited a House, What To Do? – Should I Rent or Sell in Louisville?

7) Consider all your options.

In certain situations we may be able to help you structure a lease-option agreement that allows you to rent and sell at the same time – capturing the best of both worlds. These kinds of deals can be complicated, but our Louisville investment experience can help you win.

8) Compare a few scenarios.

We’ll help you determine prices for any property near Louisville – if you sold it today without doing any work, the highest price the market will bear, and the projected value of keeping it as a rental (along with the costs). I Inherited a House, What To Do? – Should I Rent or Sell in Louisville? We Buy Houses.

Just call us today at (502) 631-9392 or contact us now for more information
on how we can make you a fair cash offer on your inherited house today!

 

Photo by Seneca Real

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Selling My House for Cash in Louisville

Selling My House for Cash in Louisville

Selling My House for Cash in Louisville

Should you take a cash offer for your Louisville house?

Not always.

I’ll tell you how to sell any property for cash, some reasons to refuse a cash offer – and when you shouldn’t say no.

 

Selling My House For Cash In Louisville

If you’re selling a property in Louisville to an end buyer (the person living in the home), chances are good it won’t be bought with cash.

Most transactions close with a bank loan, because most buyers don’t have the funds.

This isn’t news.

Even most investors don’t close transactions with cash. It’s easy to let a bank share the risk, even if you have the money – most investors spread themselves too thin.

At Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392 we don’t spread ourselves too thin, because our primary goal is to build stable communities around Louisville.

In most cases, we’ll pay cash for your Louisville Kentucky property. Selling My House for Cash in Louisville.

 

The Benefits Of An All Cash Sale Of Your House

The benefits of a cash sale are real:

  • money fast
  • when you need it most
Sell My House Cash

Benefits of a Cash Sale

You don’t have to deal with the hassles of waiting months for a buyer to get a mortgage, only to be told that the lender eliminated the program and you’re back to square one.

You don’t have to list your house with a real estate agent and pay a huge commission.

You don’t have to deal with a lot of people just “kicking the tires” and checking out your property for fun. We don’t waste your time. This is our business.

You don’t need to paint, make repairs, or even clean up. We take properties just as they are. You won’t waste money on junk haulers or contractors.

You don’t need to deal with any paperwork. We have it all covered.

 

Working With A Reputable Louisville House Buyer / Investor

Always make sure that your cash buyer is reputable. At Fast Cash House Buyers, LLC in Louisville, KY (502) 631-9392, we offer great references of past sellers we’ve helped, we can show you examples of some of the latest projects we’ve worked on, and we’ll be happy to answer any questions you have so you feel comfortable.

We pride ourselves on being a strong part of the Louisville community.  Our local mission is to help local Louisville, Kentucky homeowners who need to sell your Louisville house fast do it quickly, at a price fair to you, and to help improve the beauty of neighborhoods one house at a time.

If you’re wondering about selling your house for cash in Louisville or just need to sell a property near Louisville, we can help you.

We buy properties like yours from people who need to sell fast. Selling My House for Cash in Louisville.

Give us a call anytime at (502) 631-9392 or
fill out the form on this website today! >>

 

Photo by Walter Aymen

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