Selling Directly vs Hiring A Rhode Island Real Estate Agent

If you have been thinking about selling your home in Rhode Island, you may automatically think to hire a real estate agent…and while working with an agent can be beneficial for some home owners, it is not always the best option for everyone. Selling your home directly to an investor or cash buyer can be a better option in many cases. Matt at Home Tree LLC is both a Realtor and an investor, he understands that home sellers are all different – financially and personally…therefore we are able to offer Rhode Island home sellers more options when it comes to selling their home. In this blog post, we will discuss five reasons why selling directly can be a better option than hiring a Rhode Island real estate agent.

1. Save Money on Commission Fees

One of the most significant advantages to selling your home directly is that you can save money on Realtor commission fees. I encounter several Rhode Island homeowners who are listing their house as “For Sale by Owner” – in many cases, these sellers are most interested in avoiding realtor fees and other associated closing costs so that they can have as much cash leftover after the sale as possible. When you work with a real estate agent, you typically need to pay a commission fee equal to 4-6% of the sale price of your home. This can add up to thousands of dollars, depending on the price of your home. However, when you sell your home directly, there is no need to pay commission fees. This means that you can keep more of the money from the sale of your home.

At Home Tree, we buy houses as-is, we make all cash offers and can close in as little as 14 days. Further, WE PAY ALL CLOSING COSTS, and are happy to make you a no-obligation cash offer for your property. Reach out to Matt at HOME TREE LLC today! Selling directly can be a better option than hiring a real estate agent especially for sellers who do not have much equity built-up and are still trying to break-even in the sale of their property.

2. Control Over the Sale

Another distinct advantage of selling your home directly in Rhode Island is that you have more control over the terms of sale. When you work with a real estate agent, they may make decisions about the sale of your home without consulting you. For example, they may recommend that you lower the price of your home or make certain repairs before listing it on the market. Furthermore, any offers you receive on your home are filtered through the agent you’ve hired…therefore, you may not even be aware of an offer that came in because the agent assumed it was unfavorable to you. However, when you sell your home directly, you have complete control over the sale. You can set your own price, negotiate your own terms, choose your own closing date, and make all relevant decisions about the sale of your home.

At Home Tree LLC, we make cash offers based on the current condition of your property... WE ARE ABLE TO CLOSE QUICKLY so if you are dealing with a divorce, inherited property, or foreclosure in Rhode Island, consider giving Matt at Home Tree a call for your free cash offer in as little as 24 hours. (401) 527-0667

3. Faster Sale

Selling your home directly in Rhode Island can also lead to a faster sale. When you list your property with a real estate agent, it can take several months of negotiating with buyers to sell your home. This is because the agent needs to take pictures, list your home on the MLS, market it to potential buyers, and negotiate offers. However, when you sell your home directly, you can typically sell it within a few weeks. This is because you are working directly with the end-buyer, and there is no need to wait for the agent to find potential buyers. If you are thinking “I need to sell my home fast in Rhode Island” Home Tree LLC can make you a quick, fair all-cash offer for your home. (401) 527-0667

Matt at Home Tree has worked with a wide range of sellers from all around Rhode Island – He understands that in certain situations a property is unwanted and you need to sell your home quickly…no matter the situation, we can offer you several options for selling your Rhode Island property and we can close on your timeline!

4. No Need to Make Repairs

If you are deciding whether or not to work with a real estate agent in Rhode Island, consider the condition of your property and any major repairs that may be needed. When working with a real estate agent, they often recommend that you clean your home and make certain repairs/upgrades prior to listing it on the market. This can be costly and time-consuming. However, when you sell your home directly, there is no need to make repairs or upgrades, there is also no reason to move anything out unless you would like to keep it. Buyers who purchase homes directly in Rhode Island typically understand that the home may need some work and are willing to take on the repairs themselves.

Expect any needed repairs to be factored into the offer you are given for your home and understand that any buyer will need to complete the upgrades themselves. The most common repairs we see that need to be made to homes before listing with an agent include: Roof repair, hardwood floor refinishing, interior/exterior paint, furnace upgrade, hot water tanks, septic systems, decks, and windows to name a few…These are all parts of a home that buyers expect to be in good working order for several years after they purchase your home. For that reason, many buyers will factor in the estimated cost of repairs when making their offer. Selling Directly Can Be A Better Option Than Hiring A Real Estate Agent in Rhode Island for those homeowners who need to make several thousand dollars worth of repairs prior to listing with an agent.

5. Avoid Showings and Open Houses

Finally, selling your home directly in Rhode Island can help you avoid scheduling showings, open houses, and other meetings at your property. When you work with a real estate agent, you typically need to host open houses schedule times for showings to attract potential buyers. This can be time-consuming and stressful, especially if you have a busy schedule, you have pets or children, or if you live our of state. However, when you sell your home directly, there is no need to host showings or open houses. You can simply show your home to the buyer when they are ready to see it.

At Home Tree, we prefer to meet at the property at least once so that Matt and his contractor friend can walk through and make an estimate of needed repairs. We work with sellers all around Rhode Island and understand how it can be stressful to scheduling showings and open houses…Therefore if you are interested in selling directly, reach out to Matt at Home Tree (401) 527-0667 in order to receive a no-obligation cash off or to discuss the goals you have with selling your Rhode Island property without a Realtor.

While working with a real estate agent can be beneficial for some sellers, a direct sale is a better option for others… Selling your home directly can help you save money on realtor commission fees, give you more control over the terms of the sale, lead to a faster sale, eliminate the need to make repairs, and help you avoid showings and open houses. If you are considering selling your home in Rhode Island, it is important to carefully consider your options and choose the option that is best for you. Want to learn more? Reach out to Matt at Home Tree today! (401) 527-0667