It’s always a good idea to explore all of your selling options before closing a deal. Not sure what they are? Don’t worry. We’ll cover the pros and cons of direct sale, FSBO, and real estate agents in this guide.
People often think the only way they can sell their home is with a real estate agent, but that really isn’t true. You can sell your home by yourself with an FSBO listing or you can use a direct buyer if you want to move the process along a bit faster. We’ll compare your selling options for your Stockton real estate in this guide.
What Are Your Selling Options in Stockton?
1. Selling on Your Own
Obviously, selling your home by yourself is going to take a lot more work than the other options. On the other hand, it can be pretty lucrative, if you manage to snag a great deal. It’ll help if you already have some real estate knowledge, especially as it pertains to state laws and negotiation tactics. Understanding how the local housing market is doing is another essential step, otherwise, you won’t be able to recognize a good deal – or a bad one.
If you go it alone, you’ll be using a For Sale by Owner Listing (FSBO). That means you handle all of the marketing, online listings, print advertisements, open houses, and signage. More than that, you need to have enough insight into your home to answer specific questions from your potential buyers and hand them the proper paperwork when the time comes to sell. If you choose this option, make sure you get in touch with a local agent to make sure you’re doing things by the book! If you end up making a good deal, you get to keep the money without worrying about commissions, which makes one of the best selling options for Stockton real estate.
2. Hiring an Agent
If you want things done a little bit faster, you can use a real estate agent – but it can still take a while to fund a buyer, and once the deal is done, you’ll have to cough up a hefty commission and closing fee for the agent. This option also means you have to worry about renovating and repairing the property, which can be a costly investment that doesn’t always yield a worthwhile return.
Yes, you don’t have to worry about marketing your own home, but you also have to leave the house for showing, wait weeks or months to locate a buyer, and wait even longer for the deal to close. If you’re not in too much of a rush, this option can be worthwhile, but you’d probably rather keep all of your money.
3. A Direct Sale
If you want to sell your home fast, avoid costly renovations, and skip paying commissions to agents, then doing a direct sale is the right option for you. By selling your home to a house buying company, like our team here at MCB Homes Inc., you can avoid repairs and lengthy waiting periods. In other words, you get cash for your home within days, meaning you get to move on to bigger and better things sooner. This is one of the best of your selling options in Stockton.
MCB Homes Inc. is a trustworthy group of home buyers that will help you make the decision that’s in your best interest. I hope this guide shed some light on how to sell your Stockton home. Whether you want to sell on your own, with a house buying company, or with an agent, do your research so you pick the best option for your listing.