Selling your home in California can be done in more than one way (not just the dreaded MLS). There is a demographic shift away from the larger cities, along with a pool of people skipping over the rental phase that they typically experienced as young adults, opting for more permanent housing with recreational amenities and a more home-centered lifestyle, driving the current seller’s market. Off-market or pocket listings aren’t advertised widely, give buyers a sense that they are getting a rare opportunity, and are likely to garner a higher sale price.
By selling off-market, you control who knows your house is for sale and when they see it. Due to the fact that the listing is off-market, there are far fewer showings, and the buyers who are aware of the listing are likely to be much more serious about it. Off-market listings can also create an act now or never mentality.
Learn how to sell off-market properties in California with our inside scoop.
Commissions
It is the real estate agents’ favorite method of marketing a property because they can market it exclusively to select clients and collect whatever commission you negotiated in your contract. Additionally, since other agents in the California market are unaware of the listing, they won’t have to split the commission. As the buyer’s agent, they will earn the other side of the commission. When you sell an off-market property listing in California to MCB Homes Inc., you can avoid commissions altogether.
Prepping or Repairs
The majority of buyers want to move into their new home as soon as possible. Older or poorly maintained homes require you to worry about passing the inspection and making repairs out of pocket before closing or taking a deep discount off the asking price. Home preparations and upgrades are expensive. A direct sale with MCB Homes, Inc. means you don’t have to worry about repairs or cleaning up after the sale of your off-market property listing in California. MCB Homes Inc. assumes all the risk.
Agent Fees
Oftentimes, agents hide some expenses, such as transaction fees or processing fees. A professional buyer like MCB Homes Inc. does not charge any agent fees when you sell your off-market property listing in California to them. You won’t be required to pay hidden closing costs. The offer will specify exactly how much cash you’ll get at closing.
Time
Property listings through the MLS allow potential buyers to keep track of the number of days the property has been on the market. In most cases, buyers believe that a lot of days have passed that something is wrong with the property that the listing fails to disclose, resulting in bargain-basement offers, if any. An off-market property’s number of days for sale is unknown to the buyer, which is one of the motivations behind off-market listings. With the help of a direct sales company like MCB Homes Inc., you can close on your private listing within days or whenever is most convenient for you.
This article on How to Sell an Off-Market Property in California applies to all cities in California State including, Lodi, Modesto, Stockton, Sacramento, Turlock, Valley Springs, Salida, and Oakdale.
MCB Homes Inc. makes it simple and straightforward to sell an off-market property listing in California. We make the process easy! When you get an offer from MCB Homes Inc., we will handle everything, and we can guarantee your home will close fast, often in just a few days. Whether your home is older and needs repairs or you want to limit the number of strangers who come through your home, why not reach out to MCB Homes Inc. and learn more about your options with no obligation. Send us a message or call MCB Homes Inc. at (209) 743-0602.