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Offering a home with a conventional property agent isn't so cut-and-dried: Included expenses consist of a typical commission of about 6%, and depending upon the state, closing expenses that can run from 2% to 5% of the purchase price. Sellers have to pay for repair work, too, and while the house is on the market, they're stuck paying the home loan and other expenses.
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For most house owners, this path is the finest method to bring top dollar for their home particularly in today's realty market. Put simply, there are fewer houses on the marketplace right now, so competition is high and lots of sellers are raking in offers. For the most part, opting for a lower cost from an investor just doesn't make good sense.
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