Selling your house in Lagrange doesn’t necessarily have to follow the traditional property listing route. With a shift in population away from larger cities and a trend of bypassing the rental phase often associated with earlier adulthood, there’s a growing inclination toward the advantages of permanent housing. The current seller’s market is propelled by a desire for recreational amenities and a more home-centric lifestyle. Off-market or pocket listings, which aren’t broadly advertised to the public, carry the appeal of offering an exclusive opportunity for buyers. This exclusivity factor can potentially lead to a higher sales price in the transaction.
Opting to sell off-market provides you with control over who is aware that your home is on the market and when they have the opportunity to view it. The inherently private nature of off-market sales results in fewer showings, but the potential buyers who are aware of the off-market listing tend to be more serious about the property. Furthermore, listing a property off-market often cultivates a sense of urgency, creating a “act now or never” atmosphere among potential buyers. This exclusivity and urgency can contribute to a more efficient and potentially more favorable sale process.
We will share the inside scoop on how you can sell an off-market property listing in Lagrange.
Commissions
Real estate agents often appreciate off-market listings because it allows them to exclusively market the property to a chosen group of clients and collect the negotiated commission outlined in the contract. Moreover, since other agents in the Lagrange market may be unaware of the listing, there’s no need to share the commission with additional parties. These agents earn the full commission by representing both the seller and the buyer. However, it’s worth noting that when you sell an off-market property listing in Lagrange to a professional buyer, such as those at Flagship REI, you can bypass commissions altogether.
Prepping or Repairs
For most buyers, the desire to move into their new home swiftly is paramount. If your home is older or lacks proper maintenance and repairs, as the seller, you may be concerned about passing inspections and covering repair costs out of pocket before closing, or potentially accepting a significant discount off the asking price. The expenses associated with preparing the home for showings and making necessary updates can be substantial. However, when you choose to sell an off-market property listing in Lagrange through a direct sale with a company like Flagship REI, the burden of repairs and cleanup is lifted. Flagship REI purchases homes as-is, alleviating the need to worry about these concerns, and assumes all associated risks.
Agent Fees
It’s worth noting that many real estate agents may impose fees for transaction processing and other hidden expenses. However, when you choose to sell your off-market property listing in Lagrange to a professional buyer, such as those at Flagship REI, you won’t incur any agent fees. The offer you receive will transparently outline the amount of cash you’ll receive at the closing, with no hidden fees to worry about during the process.
Time
Traditional listings on the MLS allow potential buyers to monitor the number of days a property has been on the market. A prolonged period on the market can signal to buyers that there may be undisclosed issues with the property, often leading to lower, bargain-based offers, if any. Off-market properties, however, keep the number of days on the market undisclosed, a key motivating factor behind this type of listing. Opting to sell quickly to a direct sales company like Flagship REI offers the advantage of closing on your private listing within a matter of days or at a time that best aligns with your needs, avoiding the potential drawbacks associated with extended market exposure.
Flagship REI makes it simple and straightforward to sell an off-market property listing in Lagrange. We make the process easy! When you get an offer from Flagship REI, we will handle everything, and we can guarantee your home will close fast, often in just a few days. Whether your home is older and needs repairs or you want to limit the number of strangers who come through your home, why not reach out to Flagship REI and learn more about your options with no obligation. Send us a message or call Flagship REI at 706-918-9133.