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Selling Your House Fast: How Our No B.S. Home Selling Process is Better Than a Realtor
Below is an examples of a recent Pennsylvania home seller’s situation where Won & Michael's Offer was better than a Realtors higher lisitng price:
Example #1: Why Wait 9 Months to Sell Your House for $184,595?...when you can instantly sell your House Today for $190,000
The dated property: Kitchen updated in the 1980s and bathroom in the 1990s
Houses in the neighborhood that were in new, modern, and excellent condition were selling for $300,000. The condition of the subject property Won & Michael went to see was dated. What dated means is image going back into a time machine and going back to 1980s and 1990s because that was the houses style. The kitchen and bathrooms were update in the early-1980/early-1990s. The house colors were not what the $300,000 house colors had, it had carpet throughout the entire house and not hardwood flooring anywhere, etc. Now the house was clean, it was just dated.
Using actual home sales data of houses similar to the subject property, the dated houses were selling for $180,000 to 220,000.
Won & Michael’s offer was $190,000 cash with a settlement date of 30 days. The home owner’s were also thinking of using a realtor and the realtor wanted to list the property for $230,000. The home owners decided to go with the realtor and this is how it played out.
No B.S. Home Selling Process vs. List with a RealtorNo B.S. Home Selling Process Realtor Won & Michael's Offer:190,000 n/a Realtor listed property at: n/a230,000 It took 7 months to get house under contract at $220,000: n/a 220,000
It tooks another 2 months to go to settlement, so 9 months
of paying mortgage principle & interest, real estate taxes,
and home insurance ($1,920 * 9 months):n/a 17,280 9 months of paying utilities: water, electric, gas, lawn service: n/a 2,725 Realtor commission is 7% of $220,000: n/a 15,400 Net Amount of Money to home seller:190,000 184,595
Won & Michael’s offer of $190,000 cash today was the right decision. Don’t make the same mistake these home sellers made.
WOW! The home sellers went with the realtor at a higher listing amount BUT waited 9 months until they sold the house and walked away with less money in their bank account. That is 9 months of living in a house you no longer want to live in thinking you are walking away with more money, but no one ever explains to you all the costs during that time.
Won & Michael will gladly walk you through all of these options with you so that you can make the best decision for you. Call us today at 215-315-7541.
Your Source for Bucks, Montgomery, Delaware, Chester County, Lehigh Valley, Pittsburgh and Philadelphia, Pennsylvania Homes, Rowhouses, Townhouses, Condos, and Apartment buildings for Sale or Rent.
Call us at 215-315-7541 and we can show you before and after photos of our home renovations.