Selling a Home: Listing Agent vs Local Investor in Baltimore MD

Woman deciding if she should sell her home in baltimore to an investor or list with an agent
Should you sell to an investor or list your house with an agent in Baltimore?

When you need to sell your house in Baltimore, it is essential that you understand the selling options you have available to you. There are numerous methods to put up for sale your Baltimore residence.

We are local cash house buyers in Baltimore and in this article, we will investigate two of the most accepted methods, so you can select which marketing choice is suitable for you.

Selling Your Home: Listing Agent vs Local Investor in Baltimore MD

Hiring a Listing Agent in Baltimore Maryland

What it costs to list your for sale home in Baltimore:

If you want to list your Baltimore property for sale with an agent, you are probably aware that you will have to pay real estate agents a commission of around 5-6% of the final sale price of your house in Baltimore. On top of that, there are numerous other expenses associated with listing your home:
 
  • Listing Your Baltimore Home – Most home sellers in Baltimore require a lot of marketing and advertising to get the highest offer possible.  These expenses could include professional photography, virtual tours, or high-end listings.
  • Performing Necessary Repairs – Even if your Baltimore real estate is in excellent condition, there will probably be something that the next buyer wants “repaired.” Be it a fresh paint job, repairing a faucet drip, or patching a hole in your fence, the cost of even these minor repairs can add up quickly.
  • Staging Your Home – When you put your house on the market, you will want it to look its absolute best. This means that you should take some time to organize and tidy up and decorate it in an attractive and welcoming way. You’ll probably want to employ a professional stager in Baltimore, making the house more attractive to hopefully obtain a higher offer. However, there is no guarantee the expense of staging will be worth it.
  • Your Holding Costs – The expenses associated with ownership involve items such as your property taxes, home insurance, energy bills, and upkeep. These bills don’t cease once you put your house on the market. In fact, keeping your residence in pristine condition while you wait for it to sell can even cause your ownership costs to rise further than usual.
  • Closing Costs When Selling – Selling your home in Baltimore means you’ll typically be responsible for paying 2-5% of the sales price towards your closing expenses.
  • Keeping Your House Clean – Prior to listing and while it is on the market, the house should be kept neat and tidy. Many people decide to have it professionally cleaned before it is put up for sale. You should also think about professional carpet cleaning, pressure washing, and garden sprucing up and disposal costs.
Utilizing a Baltimore listing agent’s services could possibly yield the most lucrative outcome. Just remember to take into account all of the expenses mentioned above to decide if enlisting an agent in Baltimore is a beneficial decision for you.

How much time is involved to list your house in Baltimore MD

When you enlist a Realtor to assist you in selling your Baltimore home, they will take on a significant amount of the work involved. Nevertheless, the process will necessitate some of your involvement too. For instance, it is likely that you will have to invest time…
 
  • Maintaining the premises neat and presentable for unexpected viewings is critical
  • Updating or repairing the property prior to listing it on the MLS
  • Allowing access to viewings upon request
  • Waiting for a buyer to make an offer and hoping you get a cash offer for the desired price
  • Analyzing offers from purchasers
  • Negotiating with buyers
  • Waiting for the closing process to finish
  • Managing home sale inspections and valuations
The most unfortunate aspect is that after going through the entire process, the sale of your house could still fall through in the end. If you have ever looked for a house before, you will often notice that some properties are marked as pending and then put back on the market when financing for a traditional buyer does not go through.

There are many unknowns listing your Baltimore house

One of the most challenging aspects of employing a real estate agent in Baltimore to market your property is the uncertainty. You can’t be sure if you will receive your desired price, when it will happen, or if your renovations will bring any benefit. This situation not only causes tension but also makes it hard for you to plan ahead.

Selling Your House in Baltimore to an Investor

How much it costs to get cash for your Baltimore house

It is widely known that when you sell your property to an investor in Baltimore, the amount received will not be as much as if you sold it on the market. However, the savings you make will more than compensate for this. Many direct buyers, including Creo Home Buyers purchase properties in their current condition, meaning there are no repair bills to think about. No additional charges, such as fees, closing costs or extended closing costs, will be incurred.

The time it takes to sell your house to an investor

In some situations, Maryland investors can purchase your Baltimore house within a few days, possibly sparing you a considerable amount of money in maintenance expenses and holding costs. All you have to do is pack up whatever you want to keep and we will take care of everything else, including anything you want to leave behind. By selling your house fast in Baltimore to Creo Home Buyers, you can sell your home in any condition while also getting a fair cash price and close on your timeline.

 
When you take into account the hours and the funds associated with employing a Baltimore real estate agent vs. selling to a local investor AS-IS, you may find that selling directly to a Baltimore real estate investor is the best decision for you,

Is Selling Your Baltimore House to an Investor for You?

Selling your Baltimore house to an investor can be a great option if you’re looking for a quick and hassle-free sale. Investors are typically willing to purchase properties in as-is condition, meaning you don’t have to spend time and money on repairs or renovations.

Additionally, investors often pay cash, which means you won’t have to wait for financing or worry about the buyer’s loan falling through. On the other hand, investors typically offer lower prices than what you could get from a traditional home sale, so it’s important to weigh the pros and cons before making a decision.

Ultimately, selling your Baltimore house to an investor may be the right choice if you need a fast sale without any hassles. If you are looking to sell your house fast, we are Maryland cash buyers and we offer cash for houses in Baltimore in any situation.

 
Learn more about selling your home by listing it with an agent vs a local real estate investor in Baltimore MD! Give us a call or send us a message today! (410) 870-9228

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