Ready to sell your house in Los Angeles or in Los Angeles County? Learn more about the pros and cons of hiring an agent vs. selling to an investor in Los Angeles!
What many people don’t often realize is that there are many ways you can go about selling your home. You are not required to hire a real estate agent, to pay commissions, or even to clean-up. In some situations, a real estate agent is the right choice. While in other situations, a direct sale to a private buyer, like a real estate investor is the better choice. Keep reading to learn about the pros and cons of hiring an agent vs. selling to an investor (like me) in Los Angeles!
Agent Pros
Potentially Higher Sale Price
When you work with a Los Angeles real estate agent, there is a chance you will receive a higher final sale price than if you would have sold directly to a real estate investor. This is due to increased exposure on the MLS and because of the opportunity to tell more people about your house. Keep in mind, your costs will also be much higher, so run the numbers ahead of time to find out if listing really is the right choice for you.
Handling The Details
When you work with a professional and well-qualified real estate agent in the Los Angeles area, they will handle the paperwork, showings, open houses and marketing of your home. When you opt for an FSBO listing then YOU will have to handle these things on our own. With a direct sale to Jennifer Buys Houses, you can rest assured that we will handle all of the details, too! Before hiring an agent, talk to many of them, ask your friends and neighbors who they would trust and have used.
Agent Cons
Cleaning & Showings
Putting a home on the MLS requires it to be thoroughly cleaned before it is put on the market or seen by any potential buyers. In some cases, you will need to hire a professional cleaning company or rent special equipment for things like carpets and sidewalks.
Extensive Expenses
Not all agents are full service, leaving you with a laundry list of expenses to take care of. Some agents will only list the property, leaving you to handle the marketing, showings, open houses, printed materials, signage, and administrative costs. While this is included in some agent’s commission, in other cases, it is not.
It Can Take Months
When you work with a Los Angeles real estate agent, there is no guarantee if, or when the property will sell. In some situations, the house can sit on the market for a long time. This leaves you with the insurance, property taxes, mortgage, and utility bills for many months to come.
Investor Pros
A Fast Sale
When you sell your house directly to Jennifer Buys Houses, you’ll be able to sell the property in days, not weeks or months. This can potentially save you thousands in holding costs. You will no longer need to pay for utility costs, homeowners insurance, property taxes, repairs, routine maintenance, and all the other expenses that come along with being a homeowner.
No Costs
Selling to a company such as Jennifer Buys Houses will allow you to sell your Los Angeles house without any commissions, repair costs, continued holding costs, marketing expenses, or hidden fees. We will handle everything, helping you to keep a ton of money in your pocket.
Simple Process
Our process is simple and direct. You won’t have to deal with property showings, an unknown closing timetable, or delays in the transaction. Selling your Los Angeles house doesn’t require you to spend money or live in limbo. We stand by our methods and have the reputation to back that up.
Investor Cons
Lower Sale Price
Take this one with a grain of salt. While the final sale price will likely be higher when working with an agent and private buyer, the costs you encounter can completely negate these profits. Marketing, repairs, commissions, and closing costs will eat away at that sale price. Run the numbers if your method of selling is financially motivated. In some cases, a direct sale to Jennifer Buys Houses can be the more profitable choice.
