What a Direct Home Sale Saves You in St. Louis

A direct home sale trades a lower gross price for a shorter, cheaper process, and the only fair way to judge it is line by line. Commission is the first item, five to six percent on a traditional listing, which on a two hundred thousand dollar St. Louis house is eleven or twelve thousand dollars gone at closing. Repairs are the second. Inspections on pre-1930 brick homes with stone basements turn up cast-iron stacks and old wiring, and those become either your bill or a price reduction. Concessions are the third, because financed buyers routinely ask for help with closing costs. Carrying costs are the fourth: every month a listing sits, the mortgage, taxes, insurance and utilities keep running in the background. Cleanout is the fifth, and it is the one people forget until they are standing in a basement holding forty years of belongings. Those are the benefits of a direct sale in plain money terms, and they explain why a lower headline number often nets out closer than it first looks. What it does cost you is the top of the market on a house that would have shown beautifully. Direct sale versus hiring an agent runs that comparison, and the pros and cons of a direct buyer covers the objections worth raising. Chris is in Webster Groves with a 4.9 rating across 368 Google reviews, and how we buy houses shows the offer side.

Besides avoiding all of the headaches of listing your home on the market, as a seller, you can save yourself money in the following ways by making a direct sale of your St. Louis property.

No Repairs or Renovations

Inspections and appraisals are an integral part of the traditional home selling process, leading many to put thousands of dollars into a home that they’re ready to walk away from. In order to pass inspections, it’s possible that you could end up facing overwhelming repair bills for an issue you weren’t aware of previously. Real estate professionals know that many buyers won’t be able to realize the potential you may feel your property possesses because they can’t see past anything that is outdated. These upgrades can be anything from aging cabinetry to apparent wear and tear in flooring, woodwork, and even the paint on the interior and exterior of the home.

Pack and Go

Cleaning? Sell direct and forget it! Experienced real estate agents know that most buyers don’t have the vision to see beyond your clutter or any apparent decorative flaws. They’ll advise that nearly every surface be free of objects. Most especially photographs or items that are of a more personal nature. Today’s real estate professional will likely advise that you store your own belongings and spend further on staging the home, both for advertising publications and showings. In addition, you’ll need to keep up the exterior curb appeal for these reasons. This allows the buyer to more easily visualize themselves living in the home. You can save all the costs involved in a deep clean of your St. Louis home when you sell directly. In many cases, you can just leave behind any items you’d rather not take along to your new residence. 

Forget Closing Costs

You’ll save money when you sell directly in St. Louis by eliminating most of the normal fees associated with traditional closings. You’ll also forego the fees normally associated with the required reports from appraisals and inspections in most cases. Especially on newer or more recently renovated properties. 

No Marketing Expenses

Whether you are working with a real estate agent or selling your home on your own, any marketing expenses will be passed on to you. Naturally, the more you spend, the better your advertising vehicle and reach to the public. As a part of the marketing plan, you’ll need to have your home picture perfect. 

Monthly Costs Eliminated

The monthly costs of homeownership can add a lot of pressure, especially if you’ve already had to relocate for work or personal reasons. These costs can run into the thousands, including taxes, mortgage, insurance, utilities, and maintenance. If your home is aging, repair bills are usually depleting your funds on a more regular basis and can be extremely expensive. The financial burden and personal stress can add up quickly. By choosing a direct sale, you could quite literally save yourself thousands!

Just pack what you want to keep and sell your St. Louis property directly. You can leave the monthly payments behind sooner than you think. Call Chris Buys Homes in St. Louis today at (314) 334-1481 or send us a message to learn just how quickly we can help you start saving money!