Thinking Of Selling Your House Yourself (FSBO) Or Going With A Limited Service Agent?
In an evolving real estate market like Kansas City, it’s smart to look at your options and see what will actually help you best reach your goals with the sale of your Kansas City house, especially when downsizing. Be sure to consider what will be the best fit for your goals and needs. It’s important to know your options when selling a house including the experience and level, and type of service you will receive throughout the process. Working with a Seniors Real Estate Specialist® like Terresha Dinkel provides a personalized, professional, and patient seller experience that most downsizers need and are looking for. Dive in and learn the differences when you hire BD Real Estate Solutions an award-winning team at Platinum Realty – the #1 transactions brokerage in Kansas City, a cut-rate limited service agent, sell yourself, or an utilize an iBuyer.
Time to Sell
Selling with Us
Less than the local average Days On Market. Our goal is to get you not only the best sales price but also get you to the closing table as quickly as possible. This is possible because of our in-house marketing team working for you, our experienced local market knowledge, our professional industry relationships and personalized service.
Discount Realtor
Depends on the level of package selected and the location and experience of the assigned agent. Depends on the communication follow through & availability of the assigned agent in response to inquiries on your home & marketing spend allowance.
FSBO
Depends on your ability and the time you have to negotiate.
iBuyer
Can be fast but at a heavily discounted price. The iBuyer may be prepared to close quickly but account for possible delays during negotiations.
Typical Sales Price
Selling with Us
Our ultimate goal is to maximize your top dollar in the market. Our team is fully trained to negotiate for you. Not only do we want to get the best price but also the best possible terms affecting your seller proceeds check at the closing table.
Discount Realtor
Depends on the experience of the assigned agent; negotiation experience & motivation could be limited.
FSBO
On average, homes sell for 26% LESS than Agent assisted home sales.
iBuyer
Typically below market value.
Marketing
Selling with Us
We maintain membership with the Kansas City Regional Association of Realtors ® | Heartland MLS, the Lawrence Board of Realtors ®, and the Sunflower Association of Realtors ®, providing maximum marketing exposure for your home when it hits the market. In addition we used tried an true marketing strategies specific to your home type & location, expert digital & social media marketing, as well as allocating buyers through our years of experienced professional industry networking. You pay $0.
Discount Realtor
Limited
FSBO
Depends on your ability to market. At the end of the day, to get the best, most qualified buyer you have to bring as much visibility to the property as possible. This can get expensive, time-consuming, and overwhelming. And it becomes your expense out of pocket before selling the property. FSBO homes listed online take a digital back seat in visibility placement to professionally marketed listings.
iBuyer
No marketing; you’re selling directly to them.
Work done by THEM
Selling with Us
Working with our Seniors Real Estate Specialist® experienced with the in’s and out’s of downsizing provides you with an agent & professional team to guide you each step of the way throughout the sale of your home and downsizing journey. Going with “cheaper” options can cost you more money & stress at the end of the day. Our goal is to do it right the first time. You have the fully-guided support of the best local real estate team behind you.
Discount Realtor
Less hands-on service and support throughout your sale. Depending on the package you choose, communication with your agent may be limited and/or restricted to specific hours.
FSBO
None
iBuyer
None
Work done by YOU
Selling with Us
None
Discount Realtor
Varies. Discount realtors/brokers offer many different packages. The less expensive they are, the more responsibility the homeowner will take on.
FSBO
100%. You’re responsible for all the work from start to finish.
iBuyer
None
Commissions/Fees
Selling with Us
No Fees. You only pay a commission when we sell your house.
Discount Realtor
Flat fee or 2%
FSBO
Most people want to sell their property FSBO to avoid fees and commissions.
iBuyer
Typically 5%
Legal Advice
Selling with Us
As licensed real estate agents, we’re held to a high standard to know the legal ins and outs of a home sale. A house sale is a legal transaction so have the best backing you up. We handle this 100% for you.
Discount Realtor
Typically handled by the assigned realtor.
FSBO
You’re responsible for the entire process and making sure everything is done legally including making sure title work is done, all taxes are paid by each party, etc. Consult with an experienced closing attorney or title company to make sure nothing is left undone.
iBuyer
None since you’re selling directly to the iBuyer.
Closing Costs
Selling with Us
Typically 3%
Discount Realtor
Typically 3%
FSBO
Typically 3%
iBuyer
Typically 1%
Time to Close
Selling with Us
We push for the fastest closing and terms.
Discount Realtor
Typically dependent on the negotiation experience of the assigned agent.
FSBO
For Sale By Owner transactions can be faster – but only if the buyer and owner already know each other.
iBuyer
7 days to 60 days
At the end of the day, we always advise our clients to put a value on the time and energy that it will take to sell a local Kansas City, Missouri house themselves. Most downsizers are relieved to learn Seniors Real Estate Specialists exist and are thrilled when they meet us. We have specific training & experience helping 50+ home owners with their real estate needs. We are here to guide you through the process of selling your home, be your advocate (and can also help you find a new one if you need it!) – If selling your home on your own takes you 30 hours of your time (at minimum) and you value your time, that alone is thousands of dollars in real value, not to mention the lost time. Add up the research showing how a full-service agent who is experienced in local Kansas City real estate can help sell your house on average 20 days faster and for 13% more, and that’s why 89% of home sellers work with a local real estate broker team like BD Real Estate Solutions at Platinum Realty to help you sell your home. In addition we are connected to highly rated professionals who might be part of your journey – from handyman recommendations, to senior move managers, home inspectors and more.
Ready to get started? Fill out the form below, give us a call at 913-232-3383, or connect with us on our Contact Page.
Less Hassle, More In Your Pocket, Peace Of Mind working with a Seniors Real Estate Specialist®…
When selling your Kansas City, Missouri house, make your decision on what’s right for you based on these 3 important factors.
- The true costs: Often times people look at the commissions for an agent as a necessary evil to sell your home. But, when you partner with the right Kansas City real estate agents & Seniors Real Estate Specialist®, that agent is the expert in your corner to protect your best interests and serve as your professional guide throughout the sale of likely the largest physical asset you own. If a property takes longer to sell, a buyer backs out, you misstep because of a mistake in the contract that could cost you money, paying buyers agent commissions… all of those things add up to the true cost of selling your house. At the end of the day – buyers tell us they care about getting the most out of their home sale & there is a reason why 89% of home sellers utilize agent representation to maximize their experience & proceeds check at the closing table.
- Your time commitment: Do you want to be (and have the time to be) heavily involved in all aspects of selling the house? From marketing to taking calls from buyers at all hours of the day, to showing the house, doing your own open house, putting signs outside, setting up the escrow, and more? All so you can save 2 or 3% on the sale. Just calculate what your time and energy are worth and where you should best focus your time. If you’d rather not hassle with the details of your house sale, work with a trusted agent like the BD Real Estate Solutions team and our Seniors Real Estate Specialist®.
- The “experience factor”: There are hangups that can throw your closing off or cost you thousands. We help you avoid those and we deal with them for you.
Ready To Get The Process Started With BD Real Estate Solutions & speak with a Seniors Real Estate Specialist®? Give Us A Call At 913-232-3383 Or Get A FREE Home Valuation Report!
Sources:
* 2014 Profile of Home Buyers and Sellers, National Association of REALTORS®)
** Both the Northwestern and the Stanford studies mentioned in the Money section confirm just that: “The use of a broker does lead to an accelerated sale. In that respect, brokers appear to add value,” the Stanford researchers declared. The Northwestern study found that it takes on average 20 days longer to sell a house on a FSBO site versus the MLS or an agent.