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Writer's pictureGrant Pope

Selling Your Home: MLS Listing vs. Local Cash Buyer


Deciding how to sell your home can be a complex decision. Two primary options stand out: listing on the Multiple Listing Service (MLS) with a real estate agent or selling directly to a local cash buyer. Let's weigh the pros and cons of each:

 

Selling on the MLS with a Real Estate Agent

  • Potential for higher sale price: Exposing your home to a wider pool of potential buyers often leads to higher offers.

  • Agent expertise: Real estate agents bring market knowledge, negotiation skills, and experience.

  • Full-service support: Agents handle showings, paperwork, and negotiations.

  • Time-consuming: Selling a home through the MLS can be a lengthy process.

  • Costs: You'll typically pay a commission to the listing agent and the buyer's agent.

  • Home preparation: Your home needs to be in top condition for showings.


Selling to a Local Cash Buyer

  • Speed: Local cash buyers can often close deals quickly, sometimes within days or weeks.

  • Convenience: No need for repairs, staging, or cleaning up your home.

  • Certainty: Cash offers are less likely to fall through due to financing issues.

  • As-is condition: Local cash buyers typically purchase homes in their current condition.

  • Local market knowledge: A local cash buyer understands your area's market conditions and can provide a fair offer.

  • No commissions or fees: Unlike traditional sales, cash buyers typically don't charge commissions or fees.

  • Lower offer: Cash offers will be lower then the traditional sale, but cash offers come with certainty/speed in the sale of your home.


Which Option is Right for You?

The best choice depends on your individual circumstances.

 

Want to sell quickly? Cash buyers can often close deals in a matter of days or weeks. Selling an inherited property? Cash buyers can simplify the probate process and avoid ongoing property expenses. Selling a home as-is? Cash buyers purchase homes in any condition, saving you time and money on repairs. Selling a distressed property? Cash buyers can provide a quick solution for properties facing foreclosure or other financial challenges.

 

Ultimately, the decision of how to sell your home is a big one that will impact you and your family. We understand that selling your home can be a stressful and emotional experience. Carefully weigh the pros and cons of each option, considering your family's needs and priorities first. We're here to support you every step of the way.

 

At We Buy Houses Southern MN, we are a family-owned business that understands the challenges homeowners face. Our goal is to make the selling process as smooth and stress-free as possible for you and your family. Feel free to reach out to us for guidance and assistance during this important life decision.

Check us out on our website here: https://www.webuyhousessouthernmn.com/

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