The True Cost of Selling Your Home In Los Angeles By Adrian Bates
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MEANS OF SELLING HOMES
t is that time of the year again when the real estate industry usually experiences an increase in the rate of sales. It’s spring, a There are three well-known ways that homeowners season in which many home sellers put their use to make sales of their homes. homes out on the market, leveraging Nature’s beauty as she puts off the veil of winter. That, therefore, leads us to the question: “What exactly zz FOR SALE BY OWNER: Abbreviated as FSBO, this is a means by which does it cost to sell your home in Los Angeles?” you can sell your home directly to a buyer. In this way, you do not have to make use of a listing In this article, we shall be exploring all the nittyagent. The benefit of this means is that you would gritty and angles of home sales in Los Angeles not have to pay commission fees to a realtor. to give you an idea of what it just might cost to make that sale. zz CASH BUYER: A cash buyer wanting to purchase your home would have all the buying costs in cash. The buyer would not need to obtain a loan or mortgage to make the purchase. One of the benefits of selling to a cash buyer is that it reduces the closing cost expenses. zz TRADITIONAL REALTOR AGENTS: A common way of selling homes is to use listing agents and realtor companies. While you would have to pay fees in commission, employing an agent would make it less challenging to find a buyer. These are the three primary ways that you can deploy in selling your home. However, each of the methods comes with its advantages and disadvantages, each having effects on the pricing of the home. Whatever channel you chose to use depends solely on your preferences and how quickly you want to get your home sold. APRIL 2022 | 45
