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4 Reasons Why It Pays To Avoid The MLS When Selling Your House In Youngstown

by | Dec 3, 2022

4 Reasons Why It Pays To Avoid The MLS When Selling Your House In Youngstown

There are many reasons why listing your house on the MLS may not be the best option in Youngstown. Continue reading to know if you should list or sell directly!

As a homeowner, you have several options when it comes time to sell your property. Some people elect to go the traditional route and list their homes on the MLS, but this process can be both expensive and time-consuming. It’s important to evaluate your own situation and decide what is best for you. In many cases, working with a direct home buyer can be a great option! Here are a few of the benefits:

Save Money

If you want to list your home on the MLS in Youngstown, it’ll cost you an arm and a leg. You might find that after tallying up all of the fees, working with a real estate agent in Youngstown isn’t worth it. Here are a few examples of the expenses you’ll rack up by selling your home the old-fashioned way:

Repairing and Cleaning

Repairs can be a huge obstacle when selling your home. Oftentimes, you’ll have to pay for repairs both before and after the inspection processes. If you opt to repair your property, make sure the returns cover the repair costs!

As for cleaning, even if you hire someone to do it, getting your house ready to show will take time and money. Most people get the carpets cleaned and power-wash the exterior of the home in addition to standard cleaning measures that must be taken care of.

Advertising expenses

You might need to cover the cost of marketing your home when working with a Youngstown real estate agent. This can include costs for photography, staging, premium listings, and marketing materials.

Holding costs

Are you aware of how much it costs to own your home monthly? Many people are shocked to see the grand total of their holding costs when they factor in their mortgage payments, utility bills, maintenance fees, repairs, taxes, insurance, and other associated homeowner expenses. All these things can really eat into any potential profits from selling your home down the road.

Commissions

Real estate agent commissions in Youngstown typically amount to 6% of your final home sale price. Hiring an agent is worth it for some properties, but others are better off being sold without one.

Closing Costs

As a Youngstown property owner, you should anticipate to pay 1-3% of the home’s value in closing costs.

If you sell your home directly to us, you won’t have to worry about any of the typical costs that come with selling a home. This means no commissions, closing fees, or necessary repairs. In fact, we can take care of everything in just a few days!

Avoid Negotiations

You won’t have to be anxious about the back-and-forth with clients, making repairs, or needing credit when you sell your home to us. With a direct and straightforward offer, you can purchase without having to negotiate the sale price after an inspection or appraisal has been completed.
Oftentimes, potential buyers want to haggle over the final cost; however, you can avoid this by opting for a direct sale through our company.

Keep Strangers Out

Listing your home on the MLS exposes it to potential buyers, something many homeowners in [market_city] dread and want to avoid. One of the most significant concerns sellers typically voice is having to continuously allow strangers into their homes. This not only requires keeping the property clean at all times but also being able and willing to leave at any moment if someone wants to view the home — a daunting task for larger families especially.

Sell Fast

Sell your home quickly in Youngstown to increase profits. Remember to consider the holding costs of owning a home before listing it for sale. By taking these factors into account, you will be able to prevent unwanted surprises down the road!

Not only do you pay for monthly utilities, property taxes, and routine maintenance, but there are also repairs and other unexpected costs that will surely come up. If you have a mortgage, these numbers could easily jump into the thousands per month. And if your property is on the market for a while without selling, this number will continue to increase.

There are many reasons why selling your Youngstown home without involving the MLS could be beneficial for you. Connect with Access Homebuyers to see if a direct sale is the right option for you!

Looking to sell your home fast and easy in Youngstown? Get in touch with us today for more information! (330) 708-7077

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