Thinking Of Selling Your Atlanta Area House Yourself Or Going With A Limited Service Agent?
Even in a seller’s market like Atlanta, it’s smart to look at your options and see what will actually help you best reach your goals with the sale of your Atlanta house. It’s important to know your options when selling a house. Dive in and learn the differences when you hire Octane Property Group, a cut-rate limited service agent, sell yourself, or an iBuyer.
Time to Sell
Selling with Us
First and foremost, WE GUARANTEE A CASH OFFER for your home. You are going to have 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 & realtors acting as true consultants are working for you.
Discount Realtor
Depends on the level of package selected and the experience of the assigned agent. This is well know as a “roll of the dice.” Also, it’s just not a gamble worth taking because Octane Property Group is willing and open to working with on commission structures keeping all your goals in mind while achieving fairness in our partnership with you.
FSBO
Depends on your ability and the time you have to negotiate. Unless you are selling to neighbors or a close friend, taking this approach can substantially increase the time it takes to sell your property and ultimately can end up producing adverse results.
Big iBuyer
Can be subjected to a “Bait & Switch” where they offer and contract your home at one price and drop the offer significantly multiple time all the way through closing. They often use your deadlines & personalised needs against you. Can be a fast process but at a heavily discounted price below fair market value.
Typical Sales Price
Selling with Us
Our ultimate goal is to get the Listing Price or more. 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.
Discount Realtor
Depends on the experience of the assigned agent; most discount realtors are new to the industry so negotiation experience could be limited. Also, you are going to receive limited attention to your listing in general.
FSBO
On average, homes sell for 26% LESS than Agent assisted home sales.
iBuyer
ALWAYS below market value.
Marketing
Selling with Us
We go beyond just putting your property on the MLS (Multiple Listing Service). We bring maximum exposure to your property with our in-house digital marketing experts. You pay $0.
Discount Realtor
Limited to realtor’s professional network.
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.
iBuyer
No marketing; you’re selling directly to them.
Work done by THEM
Selling with Us
Working with options other than a fully trained staff of experienced and dedicated agents can be risky. Going with “cheaper” options can cost you more money at the end of the day. Our goal is to do it right the first time. You have the best local real estate team behind you.
Discount Realtor
Less hands-on service and support throughout your sale.
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 you have to take on.
FSBO
100%. You’re responsible for all the work from start to finish.
iBuyer
Property must be “broom swept” meaning all items must be removed and the home must be clean professionally clean to avoid further drops in the offer on your home before closing.
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% upfront or hidden in the offer on your property.
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 0-3% as some of our buyers will pay all closing cost excluding any owed taxes by the seller.
Discount Realtor
Typically 3%
FSBO
Typically 3%
iBuyer
Typically 1%
Time to Close
Selling with Us
7-20 day average depending if the sell is OFF or ON Market. We push for the fastest closing and terms.
Discount Realtor
30-60 days. Typically dependent on the negotiation experience of the assigned agent.
FSBO
Typically 90+ days on average. However, 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 Atlanta, Georgia house themselves. If it 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 Atlanta 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 like Octane Property Group to help you sell your home.
Ready to get started? Fill out the form below, give us a call at (404) 480-9790, or connect with us on our Contact Page.
Less Hassle, More In Your Pocket, Peace Of Mind…
When selling your Atlanta Georgia 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 Atlanta real estate agents, that agent is the expert in your corner to protect your best interests. 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.
- 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, 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 Octane Property Group.
- 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 Octane Property Group? Give Us A Call At (404) 480-9790 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.