Part of the Fast Home Selling University educational series
If you are thinking of selling your house in Portland, you might be wondering if you need a realtor to do it. Realtors are professionals who can help you with the process of listing, marketing, negotiating, and closing the sale of your property. However, they also charge a commission fee, which can be around 6% of the sale price. That means if you sell your house for $600,000, you will have to pay $36,000 to the realtor.
Is there a way to avoid this fee and sell your house fast without a realtor? The answer is yes, and it is simpler than you might think. You can sell your house directly to a company that buys houses for cash, such as ibuyhaus. We buy houses in any condition, location, or situation, and we can close the deal in as little as seven days.
Pros and Cons of Selling with a Realtor
Selling your home with a realtor is the “traditional” way of selling a property. A realtor is a licensed professional who can help you market your home, negotiate with buyers, handle the paperwork, and close the deal. However, selling with a realtor also comes with some drawbacks. Here are some of the pros and cons of selling with a realtor:
Pros:
- You can get the highest possible closing price for your home, as realtors have access to multiple listing services and can reach more potential buyers.
- You can benefit from the expertise and guidance of a realtor, who can advise you on how to prepare your home for sale, how to price it correctly, how to handle inspections and appraisals, and how to avoid legal issues.
- You can save time and hassle, as the realtor will handle most of the tasks involved in selling your home, such as marketing, showing, negotiating, and closing.
Cons:
- You have to pay a commission to the realtor, which is usually around 6% of the sale price. This means that if you sell your home for $600,000, you will have to pay $36,000 in commission fees.
- You have to deal with the uncertainty and stress of not knowing when or if your home will sell. The average time to sell a home in Portland is around 79 days, but it can take much longer depending on the market conditions, the price, and the condition of your home.
- You have to make repairs and upgrades to your home before listing it, which can cost you money and time. You also have to keep your home clean and staged for showings, which can be inconvenient and disruptive.
- You have to deal with contingencies and inspections from buyers, which can delay or cancel the sale. Buyers may ask for repairs or concessions based on the inspection results, or they may back out of the deal if they fail to secure financing or sell their own home.
Pros and Cons of Selling to ibuyhaus
Selling your home to ibuyhaus is a fast and easy way of selling a property, with closing times as little as 7 days. However, selling to ibuyhaus also has some trade-offs. Here are some of the pros and cons of selling to ibuyhaus:
Pros:
- You can sell your house fast, as ibuyhaus can make you an offer within 24 hours and close in as little as 7 days. You don’t have to wait for months or years to sell your home.
- You can sell your house as-is, without making any repairs or upgrades. ibuyhaus will buy your house in any condition, whether it is “ugly”, damaged, outdated, or facing foreclosure. You don’t have to spend money or time fixing up your home.
- You can save money on fees and expenses, as ibuyhaus does not charge any commissions or closing costs. You also don’t have to pay for appraisals, inspections, or taxes. You get to keep more of your money.
- You can avoid the hassle and stress of selling with a realtor, as ibuyhaus will handle everything for you. You don’t have to deal with showings, negotiations, contingencies, or paperwork. You just have to accept their offer and sign the contract.
Cons:
- You may get a lower price for your home than what you could get on the open market. ibuyhaus will offer you a fair price based on the condition and value of your home, but it may be below what a full market listing can bring.
- You may not have as much control over the entire sale process, since less negotiation is required.
How to Decide Between Selling with a Realtor or to ibuyhaus
The best way to decide between selling with a realtor or to ibuyhaus is to weigh the pros and cons of each option and see what fits your needs and goals better. Here are some questions to ask yourself:
- How fast do you need to sell your home?
- How much money do you need or want to get from the sale?
- How much time and money are you willing or able to invest in preparing your home for sale?
- How much stress and hassle are you willing or able to handle during the sale process?
- How much control and flexibility do you want over the sale process?
If you are not sure which option is best for you, you can also compare them by getting both an offer from ibuyhaus and a market analysis from a realtor. This way, you can see the difference in price, time, and convenience between the two options.
How Does ibuyhaus Work?
ibuyhaus is an Oregon company that has been buying houses in Portland and surrounding areas for years, with a growing list of happy clients. We are not agents or middlemen. We are direct buyers who use our own funds to purchase properties. Here is how our process works:
- Contact us. You can fill out a short form on our website or call us at (503) 482-8693. We will ask you some basic information about your house, such as the address, the size, the condition, and the reason for selling.
- Get an offer. We will review your information and do some research on your property. We will then make you a fair cash offer within 24 hours. You are under no obligation to accept it.
- Choose a closing date. If you like our offer, you can choose when you want to close the deal. We can close in as little as seven days, or on your preferred date. We will take care of all the paperwork and details.
- Get paid. We work with a reputable title company to complete the transaction, and you are fully paid with no more obligations or worries about your house.
Why Should I Trust ibuyhaus?
We know that selling your house is a big decision, and you want to make sure you are dealing with a trustworthy and reputable company. That’s why we want you to know more about us and our Fair Price Promise to you:
- We are local. We live and work in Portland and know the market well. We are not a national chain or out-of-state investor who doesn’t care about our Portland community.
- We are experienced. We have been buying houses for years and have seen all kinds of situations. We know how to handle any challenges that may arise during the transaction.
- We are transparent. We don’t hide anything from you or give lowball offers. We explain everything clearly and honestly and answer any questions you may have.
- We are flexible. We can work with your schedule and your needs. We can buy your house in any condition, any situation, and any timeframe. We can also help you with moving, storage, or finding a new place to live.
- We are friendly. We treat you with respect and compassion. We understand that selling your house can be stressful and emotional, and we want to make it as easy and pleasant as possible for you.
