Selling To Zoom House Buyer vs. Listing With A Local GTA Greater Toronto Area Agent
Even in a balanced market like Ontario, it’s smart to look at your options and see what will actually help you best reach your goals with the sale of your house. While you may be able to get a higher “top line” sales price listing with a local Toronto agent, that doesn’t always boil down to more money in your pocket or less headache. Dive into the details below to compare your options.
***MOST BUYERS WANT A DISCOUNT OFF YOUR PRICE…on average around 3-6% of your Asking Price.
|Selling w/ An Agent||SOLD To Zoom House Buyer|
|Commissions / Fees:||5% on average is paid by you, the seller (plus HST)||NONE|
|Who Pays Closing Costs?:||2% on average is paid by you, the seller||NONE – We pay all costs|
|Inspection & Financing Contingency*:||Yes, up to 15% of sales fall through||NONE|
|Appraisal Needed:||Yes, sale is often subject to appraisal||NONE – We make cash offers|
|Average Days Until Sold:||+/- 91 Days||IMMEDIATE CASH OFFER|
|Number of Showings:||It Depends||1 (Just Us)|
|Closing Date:||45-60 +/- days after accepting buyers offer||The Date Of YOUR CHOICE|
|Who Pays For Repairs?:||Negotiated During Inspection Period||NONE – We pay for all repairs|
***Consider Also the Extra Time & Money in Carrying Costs (Mortgage Payments, Taxes, Insurance, Utilities) while you are trying to sell your property!
***Consider Also the Extra Time & Money spent on your own labour & materials spending Evenings & Weekends trying to repair your property or hiring and monitoring contractors so they don’t steal from you!
Work The Numbers And See Which Way Helps You Get There…
When you really work the numbers you start to see the real benefits that each way of selling your GTA Greater Toronto Area house offers.
Yes, here at Zoom House Buyer we won’t be able to offer you full retail value for your house… but we also offer other benefits that going the traditional house sale route can’t offer.
From offer to close and cash in your hand in as little as 14 days
You can get rid of the headache of that property fast and avoid paying any more utility payments, tax payments, insurance payments, mortgage payments, you get the drill. If you list your house and wait 90+ days to close… you have to figure in all of the costs of holding that property during the time you have that property listed and are waiting for the property to close.
Don’t worry about fixing anything up or cleaning your house again and again for buyer after buyer
We don’t care how dirty your house is (we’ve seen worse!) or how many repairs are needed (a complete fixer? great! we love projects)... we’d like to make an offer on your house. This saves you time and money that you can keep in your pocket.
Don’t worry about paying those pesky closing fees (we’ve got you covered)
Because we are a full-service professional home buyer here in GTA Greater Toronto Area, we make it easy for you. We pay for all of the closing costs. What we offer you is what you get (of course minus any mortgage payoff or other encumbrances on the property). Pretty refreshing eh?
So when you add up the time you could save by working with Zoom House Buyer, the no-hassle experience, and the money you’ll save on commissions, fees, and holding costs while you wait to sell the traditional route… for many area home owners selling to a professional house buyer is the best viable option.
Is it for you?
See for yourself and get a fair all-cash offer on your house today.
Just fill out the short form below or give us a call at 905-499-3749 and let’s chat! Our process is simple and you can close on the date of your choice. You have nothing to lose by getting an offer (no obligations – no pressure). But you could potentially lose thousands of dollars or months of your time by not testing us out and requesting your FREE house offer below.
*An inspection contingency lets the buyer have time to do an inspection and back out of the sale or negotiate a new price if there are repairs that need to be done. If you can’t come to an agreement with the buyer, the buyer has the right to back out of the sale. Similar, a financing contingency gives the buyer the wiggle room to back out of the purchase if they can’t obtain a loan or if the home doesn’t appraise for the value that the bank needs to close the loan.
Here at Zoom House Buyer we don’t use bank financing so you don’t have to worry about our ability to close on a deal.
Compare: Listing with a Real Estate Agent vs Selling Your House for Cash
Selling your house is a lengthy process, trying to determine what approach to take can be complicated. However, it will be beneficial to look at all of the different ways to sell your house. There are different routes to take, you may choose to sell by owner, listing with a real estate agent, or sell to a cash buyer. You will find it helpful to do some quick research to determine the most profitable way to get your house sold, and quickly.
Did you know that listing with a real estate agent is the route that 90% of homeowners take to sell their house? There are many perks to listing through an agent, and there are many factors that you should also take into consideration as well. The goal is to make the most money from your house, let us break down some of the pros and cons for you.
Pros of Real Estate Agent
- An Agent will list the house, allowing it to be shown on multiple marketplaces.
- Marketing is automatically done for you.
- Agents find potential buyers, show your house to them, and find the right buyer.
Cons of Real Estate Agent
- Agents charge 5-6% of the houses sale price.
- Time – Could take a long time before a buyer comes through.
- Realtors negotiate selling price, this will lower the price you were hoping to sale for.
- Repairs, and fix up the house to appeal to a potential buyers eye, this is costly and timely.
Pros of Selling on your own
- Your terms, sell your house for what you want and how you want.
- Showing your house on your own time.
- Pocket more money from the sell, no realtor fees.
Cons of Selling on your own
- You have to list the house and may not have the right resources to find interested buyers.
- You will need to market yourself.
- Repairs may be essential to appeal to the house. This is costly and timely.
- The time it may take to find a buyer will be greater than listing with a real estate agent.
Pros of Selling to Zoom House Buyer
- Time. We will get you the cash in 14 days.
- No realtor fees.
- No need to make repairs or tidy up the house. We buy houses as is, even the ugly ones.
- Avoid the long closing process.
- This sale is not going to fall through at the end. We have the cash waiting for you.
Cons of selling Zoom House Buyer
- So fast you may not realize what hit you.
- Make a little less for the house.
In the end, no matter what direction you choose to sell your house, it will eventually sell. As listed above, there are obviously pros and cons to every situation. However, when it comes to listing with a real estate agent vs selling your house on your own, these ways could take a lot of time. Most people who are selling their houses don’t have time. If you don’t have months to wait for your house to sell, then a cash buyer is the best option for yours.
Here at Zoom House Buyer, we make the process fast and simple. If you are worried about getting a lower offer than you hoped just remember all the money you will save from realtor fees, repairs, listing fees, and marketing. Because Zoom House Buyer is the “buyer”, and we purchase any house as is. In the end, there is a greater chance that you actually make more money, and in a fast manner. Call us today 905-499-3749 or browse our website to get headed in the right direction. We will walk you through this simple process, and want to help you feel comfortable every step of the way.