A traditional property listing isn’t the only way to sell your house in Kansas City. There are many trends driving today’s housing market. The population is moving away from larger cities which is a boon for Kansas City. There are also many millennials and some Gen Z coming of age and these younger generations tend to be fairly financially savvy. There is a pool of younger people skimming over the rental phase typically experienced in earlier adulthood, opting for the benefits of more permanent housing with recreational amenities and a more home-based lifestyle driving the current seller’s market. Off-market or pocket listings aren’t marketed to the general public. These listings add the allure of grabbing an exclusive opportunity for buyers and may garner a higher sales price.
When you sell off-market, you control who knows your home is for sale and when they see it. There are far fewer showings by the very nature of being private, and the buyers who know about the off-market listing are likely to be much more serious about the property. Listing your property off-market also tends to create an act now or never feeling.
We will share the inside scoop on how you can sell an off-market property listing in Kansas City.
Commissions
Real estate agents love off-market listings because they can market the property exclusively to select clients and collect whatever commission you have negotiated in the contract. Additionally, because other agents in the Kansas City market are unaware of the listing, they don’t have to split the commission with anyone else. They will earn the other side of the commission because they are bringing the buyer. This sounds great for the agents, but may not be the best for you. You can avoid commissions altogether when you sell an off-market property listing in Kansas City to a professional buyer like those at Fair Home Offer KC.
Prepping or Repairs
The majority of home buyers are looking for a property to move themselves and their families into. Most people are intimidated or turned off by expensive and time-consuming home repairs. They want something that is cute, move-in-ready, and basically turn-key. The more work your home needs, the more likely it is that you’re going to attract a bunch of low-ball and discount offers. Preparing the home for the showings ahead and making updates is costly. When you sell an off-market property listing in Kansas City through a direct sale with a company like Fair Home Offer KC, we buy homes as-is, so there is no more need to worry about repairs or even cleaning up. Fair Home Offer KC takes on all the risk.
Agent Fees
Many agents also charge a fee for transaction processing and other expenses that agents may hide. When you sell your off-market property listing in Kansas City to a professional buyer like those at Fair Home Offer KC, we don’t charge any agent fees. There will be no hidden fees to pay at closing either; the offer will clearly outline how much cash you’ll receive at the closing. The only thing you may need to pay for is the payoff of your mortgage and prorated property taxes. If there are liens or any other bills, we can either pay for that for you or go ahead and work that into your offer so you know clearly how much cash you’ll be receiving.
Time
When properties are listed traditionally through the MLS, potential buyers can track the number of days the property is on the market. A great many days passing indicates to buyers that something is wrong with the property that the listing doesn’t disclose, typically resulting in bargain-basement offers if any. The number of days an off-market property has been for sale is unknown to the buyer, which is one of the motivating factors behind off-market listings. Instead, sell fast to a direct sales company like Fair Home Offer KC, closing on your private listing can be in a matter of days or whenever best suits your needs.
Fair Home Offer KC makes it simple and straightforward to sell an off-market property listing in Kansas City. We make the process easy! When you get an offer from Fair Home Offer KC, we will handle everything, and we can guarantee your home will close fast, often in just a few days. Whether your home is older and needs repairs or you want to limit the number of strangers who come through your home, why not reach out to Fair Home Offer KC and learn more about your options with no obligation. Send us a message or call Fair Home Offer KC at 816-800-9238.