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Selling to Revamped Home Solutions V.S. Listing With Local Agent

It’s always smart to look at your options when you have to make a decision such as selling a house. Selling with a local real estate agent does not guarantee that you’ll walk away with the most money. Consider all the issues as you look for the best way to sell your house.

Dive into the details below and compare your options. 

Listing w/ local agent

With Revamped

Commissions / Fees:
Who Pays Closing Costs?:
Appraisal Needed:
6% on average is paid by you, the seller
2% on average is paid by you, the seller
Yes, sale is often subject to appraisal
NONE
NONE- we pay all costs
Average Days Until Sold:
Number of Showings:
+/- 90 days
It Depends
Closing Date:
30-60 +/- days after accepting buyers offer
Who Pays For Repairs?:
Negotiated During Inspection Period
NONE- we make cash offer
Immediate offer
1 (Just Us)
30 days or less!
NONE-we pay for repairs
Pros and Cons

Have you inherited a house and not sure what to do with it? If you don’t want to spend the next 50 weekends swinging a hammer and updating it yourself, you have two primary options: Sell it directly to a cash buyer, or list it with a real estate agent. Both have their advantages and disadvantages.

Selling your house to a cash buyer is easier, but you won’t be sure you are getting the highest amount. Listing with an agent might bring a higher offer, but it will probably take longer and you will pay both the listing agent and buyer’s agent from your proceeds. 

What condition is the house

Most inherited houses have deferred maintenance and need to be updated. If, however, the house is in good enough condition that a buyer could get financing and be happy, you should probably list it and let your agent market it to the highest amount of buyers. If it’s in good condition, the additional amount you’ll get on the market will probably exceed the agent commissions. However, if the house needs work, it will be a cash buyer who most likely buys it on the market. It might then make sense to sell to a cash buyer who will add value to the house through a remodel. By selling your house directly to a cash buyer, you can avoid the hassle and costs of listing with an agent.

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