The Step by Step Guide to sell your house fast in Saint Louis.  Part 3

How to sell an unwanted house in St Louis Missouri miniseries part 3

Brought to you by STL Real Estate, fast house sale solutions  for Saint Louis homeowners

The last part of this mini-series went over the idea of hiring an appraiser to help figure out your unwanted St. Louis home’s value.  Although in some cases an appraisal is very beneficial, much of the time in unwanted house situations it costs valuable time and money and isn’t necessarily the best thing to do.

ARV/Sale Option – Use a ‘normal’ Real Estate Agent

The second option is to get what I call a ‘normal’ real estate agent involved.  A normal real estate agent is you Mom’s friend who has been an agent for 10 years but only works with buyers looking to move in and live in the property (aka retail buyers) and sellers with homes that are in liveable condition.

By no means am I trying to take away from the quality of work that your Mom’s friend does, but if you are looking to sell a house that isn’t in liveable condition and needs a substantial amount of repairs, realize that all of her experience is in helping people buy and sell retail residential houses, not unwanted fixer uppers.  She will be receiving a 6% commission for doing something she has little to no experience doing, and as a homeowner you should be very concerned that you are relying on someone to sell your house that does not have the proper skill set.  Using your a ‘normal’ agent can be very costly in this situation.

If you want to use an agent to sell your unwanted house, you need to be aware of a few things that could potential cost you time and money:

Picking the right real estate agent for an unwanted house is challenging because many agents will list a property at a higher price than what it is worth in order to pick up your house as a listing.  So, the ARV that they would tell you is often inflated and it doesn’t take into consideration your holding and fixed costs.   Realtors also won’t tell you the price that you are going to net after all the commissions and buyer concessions that you are going to have to make.   So you will need to consider these expenses as well as your holding costs.

On the other end of the spectrum, some agents will actually list your property under market so that they can make a quick buck off of you and not have to work for it.  Realtors also won’t talk about all of the extra time that it is going take for your house to sell on the multiple listing service compared to selling it to an investor that is a cash buyer.  Over 90% of all real estate agents have their experience in retail properties that are in nice shape.  This lack of experience means that they aren’t able to calculate the cost of repairs that your property needs, how long it is going to take to make the renovations and so forth.

If you want to cut out the middle man and find investors ready and willing to buy your house rather easily click here.  If you want to use a real estate agent to sell your house, we also have relationships with expert ‘AS-IS’ agents that can help you maximize your house sale value.  So, don’t feel like you are on your own in trying to determine a normal real estate agent from one that specializes in the sale of fixer-upper properties.

We have more information on this topic for people looking to sell a house in Saint Louis Missouri, and what your main criteria should be on whether you should use an ‘AS-IS’ agent or sell a property to an investor.  Contact us and sell my house quick.

This ends the third part of the Selling an unwanted St. Louis, Missouri house mini-series. The forth part will go over another after repair value option that you have: unwanted House Sale Aid, St. Louis County Part 4.

The other parts can be found be clicking on the below links:

Sell an unwanted House in St. Louis, Missouri Part 1, Sell an unwanted House in St. Louis, Missouri Part 2, Sell an unwanted House in St. Louis, Missouri Part 3, Sell an unwanted House in St. Louis, Missouri Part 5, Sell an unwanted House in St. Louis, Missouri Part 6, Sell an unwanted House in St. Louis, Missouri Part 7, Sell an unwanted House in St. Louis, Missouri Part 8, Sell an unwanted House in St. Louis, Missouri Part 9, Sell an unwanted House in St. Louis, Missouri Part 10, Sell an unwanted House in St. Louis, Missouri Part 11, Sell an unwanted House in St. Louis, Missouri Part 12

To find the premier cash home buying company in St. Louis, all you have to do is fill out this free unwanted St. Louis house sale evaluation or call 314.571.9225.

If you are ready to talk to an experienced professional about your house, call our owner James @ 314.571.9225 or email jim@stlhouseseller.com.  You can also fill out our free evaluation form.