When you work with a professional buyer to sell your home, helping you realize the most money from your sale is our top priority, a bonus of working with us is that you move on with the plans for your future, knowing the exact date you can rely on for the closing. Let’s look behind the numbers – how do we develop our offers when buying houses in Port Orchard?
The high commissions for which traditional real estate agents are known is one of the main reasons homeowners want to sell their homes another way. Because they are unaware of the benefits of working with a professional buyer, many home sellers face financial ruin when they try to sell their houses independently. Suppose your financial situation allows you the freedom to wait for the right buyer. Once they have viewed your property and spoken with you about your circumstances, if you’d gain more by listing your home in the traditional method, a professional buyer will advise you to work with a real estate agent. When a professional buyer like Kitsap Home Pro develops our offers when buying homes in Port Orchard, you should consider it an offer in full. There will be no subtracting commissions or other unforeseen fees from the sale price at closing. Typically, we even pay the closing costs and arrange all the legal/professional work. You keep the total amount offered.
In a hot market like the one we’re currently experiencing, unforeseen fees often come in the way of various negotiation points. The reality is that very few homes are in perfect or near perfect condition. Even a very good real estate agent can’t foresee what the home inspector will point out or how the perspective buyer might react. Here’s how it happens. You list your home and then accept this great offer. Then comes all the steps to actually close the sale. If the buyer is getting financing there will be steps that are not even in their control. Their bank will have certain expectations that must be met. Your potential buyer will not be able to negotiate on those items. The inspection will happen. After that every negative item or even perceived negative item can become a negotiating chip.
Additionally, continuing to pay for the property eats away slowly at the profit margin. Should your home have reached an age where repairs have become an almost monthly expense, the amount you hoped to make on the sale will dwindle even faster. If you decide to sell to us, you skip all of the steps required by buyers who need to qualify for financing to purchase your property. We relieve you of the financial burdens of making repairs and legal risks involved with the disclosure in traditional home sales. We take all of that onto our shoulders. We will be absorbing all of the expenses such as taxes and have a great deal of money tied up in the property until fully rehabbed and resold. Professional buyers like Kitsap Home Pro must consider their overhead when making an offer when buying houses in Port Orchard, including working with the best experts from every walk of the real estate industry, which is essential to our business model.
Comps
Comparable sales, known as comps in the real estate industry, are based on the recent sales of the nearest and most similar properties in size, features, and condition to your home. This method of determining the fair market price of a standard listing and is an integral part of developing our offers when buying houses in Port Orchard is the same method used by traditional real estate agents. We would be happy to share with you a property analysis of your property to help you understand this process.
Estimated Repairs
When we meet with sellers to develop our offers when buying houses in Port Orchard, there will be an evaluation of the repair costs. Professional buyers like Kitsap Home Pro will explain each expense in detail. Depending on the age and condition of a home, there may be unseen issues that factor into the risks a professional buyer may be taking upon themselves and could affect the offer made as well. These factors will be explained in detail to fully understand the underlying financial risk involved in our buying your home. These repair costs naturally reduce the market value determined previously in the comps presented for your property.
Time is an important variable when you list your home for sale, and as the saying goes, time is money. The longer a listing lingers on the market, the less the seller will realize for the property. When working with a professional buyer there won’t be a disappointing last-minute call from your agent about your buyer failing to qualify for the loan. That’s because we either buy with cash or we have close relationships with investors that allow us to move very quickly. Paying cash allows a professional buyer like Kitsap Home Pro the ability to guarantee your closing date, usually within 30 days or less, meaning you can leave all of your worries about finding a buyer behind. You can carry on with life as usual because there won’t be any need to worry about continually cleaning and changing your schedule around for showings or other appointments. Just keep your wallet in your pocket because you won’t have to pay for a professional inspector, appraiser, or cleaning crew. Working with a professional buyer means you can sell your home while sitting back and relaxing, saving your quality time for your family and friends. While your at it, please don’t worry about making those runs to the dump or getting rid of all that stuff that we all seem to accumulate. It’s okay, that’s all part of what we do for you. You do not need to carry that burden any longer!
At Kitsap Home Pro, we are happy to answer any questions or concerns about your situation that you may have. Professional buyers from Kitsap Home Pro will walk you step by step through how your home’s value is determined. Once we have reached a mutual agreement on a fair price, you’ll understand just how we develop our offers at Kitsap Home Pro when buying houses in Port Orchard! Send us a message or call Kitsap Home Pro at (360) 329-4331 today to learn more about how we can help you sell your home!