In our latest post, we discuss the things many homeowners don’t know about selling a house in COLUMBIA. Find out what to expect before you list with a COLUMBIA real estate agent! The process may not be what you expect!
Do you want to sell your house in COLUMBIA? If you are thinking about listing, it’s important that you know what you are getting into. For many home sellers, listing their property is a rude awakening. The house may not be worth what you think it is. There may not be a large pool of buyers, or you may have to deal with a long list of expenses upfront.
You May Face More Than One Round Of Repairs
When listing a house with a real estate agent in COLUMBIA, there will typically be a few repairs made before putting the house on the market. These repairs can add up quickly, making the owner even more ready to get the house sold. However, when a potential buyer comes along, they will have the house inspected and appraised. Their offer will likely include contingencies, allowing them to back out of the sale if it doesn’t appraise high enough or if there are larger repairs discovered after the inspection has commenced. If repairs are required, the potential buyer will turn to you to fix them or to offer a reduction in price. So when all is said and done, you may be facing repair bills before listing the house and then again after you have found a buyer and the inspection has been completed.
When listing a house with a real estate agent in COLUMBIA, it’s common for sellers to make a few repairs before putting the property on the market. These updates—whether cosmetic touch-ups, plumbing fixes, or electrical work—can add up quickly, making the seller even more eager to close the deal once a buyer comes along. However, the selling process doesn’t stop there. After a buyer submits an offer, they will typically order an inspection and appraisal to assess the home’s true condition and value. If any major issues arise, the buyer’s offer may come with contingencies, giving them the right to back out of the deal if the home doesn’t meet their expectations or if their lender refuses to finance it due to costly repairs.
This means that, as a seller, you could be on the hook for repair costs not just before listing, but also after finding a buyer. If the inspection reveals significant problems, the buyer may request that you handle the repairs or negotiate a lower sale price to cover the costs. This can delay the closing process and lead to unexpected expenses, eating into your profits. If you want to avoid these headaches, selling your home as-is to an investor or direct buyer might be a better option. By skipping the traditional listing process and selling directly, you can avoid costly repairs, lengthy negotiations, and the uncertainty of buyer contingencies, allowing for a faster and more straightforward sale.
Your Marketing Costs May Not Be Included
When you work with a real estate agent in COLUMBIA, you’ll need to know exactly what you are getting. Some agents list and wait, while others are full-service, pulling out all of the stops. If you decide to list your house in COLUMBIA, look for a premium agent or be prepared to pay for some of the marketing yourself. Professional photography, staging, signage, premium ads, and open houses aren’t always included. Many sellers will end up paying for these services themselves in order to sell the house in a reasonable amount of time.
When working with a real estate agent in COLUMBIA, it’s important to understand exactly what services you’re getting. Not all agents operate the same way—some will simply list your home on the MLS and wait for buyers to come, while others take a more proactive, full-service approach. If you choose to list your home, you’ll want to work with a premium agent who is highly experienced in marketing and negotiations. Otherwise, you may need to take on some of the marketing efforts yourself to ensure your property stands out. Many sellers assume that professional photography, staging, signage, premium online ads, and open houses are automatically included, but these services often come at an additional cost or may not be provided at all.
Because of these potential gaps, many homeowners find themselves paying out of pocket for these marketing essentials just to attract the right buyers. High-quality listing photos and virtual tours can significantly impact how quickly a home sells, and well-staged homes tend to receive higher offers. If your agent doesn’t include these services in their standard package, you’ll either need to invest in them yourself or risk your property sitting on the market longer than expected. Before signing a listing agreement, make sure to ask about what’s included, and be prepared to either negotiate for better marketing support or explore alternative selling options—such as selling directly to an investor—to avoid these additional expenses.
Selling Timeframes Can Vary
Just because your neighbor’s house sold in a week, doesn’t mean yours will too. When you list your house on the COLUMBIA MLS, there is no way of knowing when the house will close. It could be days, weeks, or months. For some sellers, they don’t end up finding a buyer at all and they are forced to take their homes off the market. Listing a house in COLUMBIA can be very frustrating for homeowners who want to sell their houses quickly. It can be difficult for families who are forced to live in limbo while they wait for a buyer. With a direct sale to Intrepid Property Solutions, you’ll know exactly when the closing will take place.
Sales Can Fall Through
Imagine waiting months to find the right buyer, only to have the sale fall through at the last minute. This happens more than you might think due to low appraisals and required repairs. Buyers will typically have contingencies in their contracts that allow them to back out of the sale if the appraisal comes back low or if they find major problems after the inspection. You may still be able to sell if you lower your price, but after doing so much work to list it, many sellers aren’t willing to drop the price as much as the buyer would like them too.
Showings Are Often Last Minute
If someone drives by or reads about your house and wants to see it right away, it’s in your best interest to let them. When listing your house with a COLUMBIA real estate agent, you’ll need to be prepared for showings that can happen at the drop of a dime. You might get a call saying someone wants to see the house in 30 minutes. You’ll have to make sure it is showing ready and make yourself scarce while the home is being shown. If this is happening a lot, the process can become stressful. However, the last thing you want to do when trying to sell your house in COLUMBIA, is to turn away potential buyers!
Selling Your House Directly…
You may think that you need to hire an agent, list the house, and wait for a buyer, however, this is not the case. There are many ways to sell a COLUMBIA house. A direct sale is the best way for many COLUMBIA homeowners to sell their homes. When you consider all of the listing costs, holding costs, and commissions, working with the right property buyer can be the most beneficial choice. You’ll be able to avoid the costs, the showings, and the waiting.