Despite the home’s association with safety and comfort, selling a house is an uneasy choice for many people. There are plenty of reasons to sell your property privately, but there are also drawbacks that make it a decision that must be carefully evaluated prior to making one final call. You can browse here https://www.oahuhomebuyers.com/we-buy-houses-oahu/ to learn more.

Pros

1. There are no commissions

Real estate agents typically receive a percentage for any deals that close, but when you sell a home to a real estate agent, he actually receives money from you, instead of the other way around.

2. No more repairs or maintenance

Real estate agents will buy a home in “as is” condition, meaning that they can’t be held responsible if there are any repairs that need doing. If you sell your property during the winter, you won’t have to worry about fixing the roof before the spring thaw.

3. No sales contracts to sign

If you sell your house to an agent for cash, it’s a simple matter of agreeing on a price and closing the deal. You don’t have to sign any legal documents, but you will have to accept the real estate agent’s commission.

4. You can sell your house anytime

If you’re a real estate investor who is looking to sell a property but doesn’t want the headache of negotiating a contract, rules and deadlines for inspections, etc. then you can sell your house at any time during the year without having to wait six months for the buyer’s purchase money.

5. Keep your house off the market

If you don’t want people touring through your home or strolling by and knocking on your door, selling to a real estate agent will keep your home off the market altogether.

6. No waiting for a buyer to pull financing together

Because selling a house to a real estate investor is a cash deal, there’s no need to wait for financing to be approved before closing. The real estate investment company will simply finance the property itself and deliver their check within days of closing.

Cons

1. You have to pay the agent’s commission

If you sell your home to a real estate agent, you’re having to pay his commission. You could sell your home yourself but paying real estate agent’s commissions can quickly add up, especially if you’re paying fees like those charged by listing services.

2. Agents aren’t specialists

Real estate agents are generalists when it comes to selling properties. In other words, they’re real estate agents. They are not necessarily specialists in negotiating or managing contracts. When you’re choosing a real estate agent, ask about his experience and track record in selling properties just like yours.