We Buy Houses in McAllen TX with no agent fees and no closing costs. We are local cash buyers in McAllen that offer cash for houses. If you need to sell your house fast and want to avoid doing any repairs or pay agent fees then we are a great solution for you.
You want to sell your Houston house and you’re looking for the best way to put more money in your pocket. Well, did you know that simply selling your house may mean you have to PAY money? In this blog post, we break down what are the different fees paid to agents versus paid to investors…
It’s true… selling your house can sometimes mean that you have to pay. (This isn’t always the case but it often is.) We will review the different fees you’ll have to pay because this information may help you decide whether to work with an agent or to sell your house directly to an investor. It might not always be easy to tell apart the agent from the investor, but these differences will put it in perspective.
The Fee Battle- Real Estate Agent vs Investor in Houston
An agent is a salesperson and they will try to find a buyer to buy your house. In order to do this, they will list your house in a multiple listing service (MLS) and use various marketing efforts to try and find the buyer.
This, of course, is not done for free so you will need to pay some fees to the agent. Those fees usually include a commission if they can sell the house (this is the highest amount of money you’ll have to pay and it’s often about 6% of the sale price of the house, or about $6,000 for a $100,000 property). There may be other fees you have to pay as well, and these might include different advertising fees or other costs associated with selling your house. There might be a fee to create a listing for your house, or there might be a fee to the agent’s brokerage or there might be a fee for the title company… the list goes on and on. You can ask the agent about these upfront fees so you don’t get caught off guard and also research the agent to verify that you are working with a good, credible agent.
To summarize the Agent fees:
- Commissions for the sale of the house (up to 6% of the sales price)
- Listing Fee*
- Brokerage Fee*
*These fees may be included with agent but we recommend asking upfront to better understand any and all fees
With investors, there is no need to find the buy because they are the buyer. This is the surprising part to a lot of home sellers, most investors rarely cover any fees. Investors will usually take care of all fees associated with selling. Plus there’s no commission to pay because they’re not agents so they’re not listing your house. You might be responsible for closing costs but this depends on the investor so make sure you ask the investor who pays for those costs. With home buyers like us, we pay all closing costs and charge absolutely no fee to you. The price we show you is the price you walk away with.
The Unexpected “Fee” You May Not Consider
There’s one more cost or “Fee” that might be unexpected but when you work with an agent, they’ll get you to fix up your house, clean and stage it to be able to sell it better. Then, you’ll still have to pay bills and taxes for as long as it takes the agent to find a buyer. So although this isn’t a fee to the agent, it’s a cost you’ll have to pay because of using an agent… yet when you sell the house to an investor, they buy quickly so you end up saving this holding cost as well.
So what’s right for you? It depends on how much you’re willing to pay and how quickly you need to sell.
If you want to go over this in more detail or confirm that we won’t charge you any fees if you sell your house to us then please get in touch and we’ll be happy to walk you through it.
We Buy Houses in McAllen Texas
If you need to sell your house fast, we can help. We buy houses in McAllen TX and are local house buyers that can close fast with no agent fees. This can help avoid the stress of waiting to sell your property while trying to move on. We’re happy to give you more information about our buying process and to share with you exactly how it all works. Click here and enter your information or pick up the phone and call us at 281-886-8644.