Thinking about putting your house on the market in Fort Myers? There’s more to the process than meets the eye. While a real estate agent can be a valuable resource, there are certain aspects of selling your home they might not readily share. Understanding these realities can help you make informed decisions and avoid potential surprises down the road. Don’t let the excitement of selling overshadow the practicalities involved. Take the time to learn about the ins and outs of the traditional listing process before diving in. This way, you’ll be well-equipped to navigate the journey of selling your house in Fort Myers with confidence.
Inconvenience
Dinner time is often considered a sacred moment for families, a time to sit down together, share a meal, and catch up on each other’s lives. However, if you’re selling your home, this valued time might coincide with the prime hours when potential buyers are touring your property with their real estate agents. It can be intrusive to have strangers walk through your private space, examining your belongings and envisioning themselves living there. Despite the discomfort, it’s essential for your real estate agent to ensure that as many potential buyers as possible have the opportunity to view your home, increasing the chances of a sale.
Maintaining your house in pristine condition becomes a constant effort when selling, as you never know when a showing might be scheduled. This means being ready to alter your daily routines and plans to accommodate potential buyers. Open houses and last-minute showings can disrupt your schedule, making it necessary to be flexible and prepared at all times. While this aspect of selling a home in Fort Myers is often glossed over by agents, it’s a critical reality that homeowners must face. Being aware of and prepared for these challenges can help make the selling process smoother and more successful.
Closing Delays
Show me the money! The process of selling a house often hinges on the timely completion of inspections, appraisals, and various other crucial deadlines, each presenting potential hurdles that can delay the closing. Unlike the swift transactions that some sellers might hope for, conventional financing in traditional real estate frequently extends the timeline. It’s not uncommon for closings to stretch up to 60 days or even longer. This delay can be a significant inconvenience, especially for those who are in a hurry to finalize the sale. Unfortunately, this is one of the realities of selling your house in Fort Myers that real estate agents often neglect to mention upfront, leaving sellers unprepared for the extended waiting period involved in the process.
Days on the Market
Are we there yet? While your real estate agent may be able to quote the average days on the market for listings, one thing they cannot tell you is just how many days it will take to sell your property. This uncertainty can complicate your planning process, as without a realistic picture of the possible length of your timeline, the plans you start to make may all be in vain. You may also find yourself responsible for two properties if you are forced to move before the sale is completed, leading to unexpected financial strain. This unpredictability is an often-overlooked aspect of the home-selling process, and it’s a crucial piece of information about selling your house in Fort Myers that an agent might not disclose upfront. Therefore, it’s important to prepare for a flexible timeline and consider contingency plans to manage the potential overlap of owning two properties simultaneously.
Contingencies
The deal is off? The bottom line is, your sale may fall through if a contingency isn’t met. Contingencies are provisions in the contract that must occur before the sales contract is fulfilled, and are common in traditional real estate. For instance, if your house doesn’t pass the inspection, or meet the purchase price in the appraisal, the buyer or their lender, may renegotiate or even walk away from the deal. This is a fact that can be devastating to learn the hard way, about selling your house in Fort Myers that an agent will not tell you.
Repairs
So you were under the mistaken impression that everything was fine? Inspections are a necessary part of traditional listings, regrettably, they can also bring to light very expensive secrets. Depending on the nature of the previously unknown issue discovered during the inspection of the property, the expenditures to repair or replace the problem could run into the thousands. Another tidbit about selling your house in Fort Myers that an agent will not tell you, you’ll be responsible to complete any repairs required by the lender or a contingency. Failure to complete the repairs, despite any lack of funds you may be facing, will void the contract.
Slice of the Pie
Commissions, fees, marketing, staging, storing belongings to decrease clutter, and closing costs. Your real estate agent will expect you to make changes aesthetically which could include updating or renovating that could run into the thousands. In addition to the cut real estate agents and their broker’s will take-off of the top in commissions, you’ll be responsible to pay for the marketing and hiring the digital photographer, including a drone pilot, for your online presence. Along with these costs, you’ll be paying for staging, with the aim of making your home appeal to the highest number of buyers which has proven to help in a faster sale with a higher purchase price. This may require you to put excess belongings in storage until the home sells. Depending on many factors, you could also be responsible for expenses at the closing. All of this eats away at the profit you’re expecting. Carefully consider these facts that take away from your bottom line, when selling your house in Fort Myers that an agent will not tell you.
Intrusive, expensive, time-consuming, and offering no guarantees are facts about selling your house in Fort Myers that an agent will not tell you. Core Real Estate Properties saves you money, time, and provides you with a guaranteed and very quick closing date. These are just a few of the reasons why a direct sale to Core Real Estate Properties may be better for you. Send us a message or call 239-360-3176 today to find out more!