What's New

Archive for September, 2012

Why Sell Your Amarillo House to a Real Estate Investor?

Monday, September 17th, 2012

That is a really good question!  If I needed to sell my house I think selling to an investor would not be the first thing that would come to mind.  I would think about calling a Real Estate agent or selling the house on my own.  Here is the problem with both of those ideas.

First off, let me say this… If your house is in good condition, in a good area, AND you don’t mind waiting for up to six months for it to sell then using a Real Estate agent may be a good idea.  But if you don’t fit all three criteria then you may be wasting your time.  If your house needs work, if it is a less than desirable neighborhood, or if you don’t want to wait for months to sell then you should consider working with me.

When you list your house with a Realtor you will usually have to pay a 6% commission.  You will also pay about 1% in closing costs plus, and (this really stinks) you will need to be ready to pay at least 3% in buyers closing costs.  If you are not willing to do this you will probably not sell your house.  Most of the buyers do not have the money to pay closing costs.  So you will probably lose about 10% of the sales price.  Buyers will also get the house inspected and give you a big list of repairs that need to be made.  They will also negotiate the price down as much as possible.  It is important to keep these things in mind.

The bottom line is that if you use a Realtor you will have to pay some fees and commissions.  This will greatly lower the amount you net from the sale of your home.  And it may take several months to get it sold using a Realtor.  I can close in 3 days.  If you compare my cash offer with what you actually walk away with if you use a Realtor you will see that my offers are pretty darn competitive.  It’s the bottom line that counts, not the contract price.

So what about selling it For Sale By Owner.  The short answer is that it is not a good idea.  I list every house I sell with a Realtor.  Realtors have all of the buyers.  They also are able to list your house on the MLS which give it much more exposure than you ever could.  Several years ago when the market was hot you could sell it on your own, but not in this current market.  If you are able to pull it off you are still going to pay closing costs and make repairs just like you would if you used a Realtor.  So even though the contract price may be higher than my cash price you will not come out that far ahead.  And, just like I mentioned before, it may take six months for it to sell.  Add up your house payment, insurance payment, and monthly taxes and deduct that from the amount that you will net.  See what I mean?

Many times people call me months after I have made them an offer and tell me that they wish they had taken my offer.   They ended up selling it to a home owner but after they realize that they netted the same as they would have if they had taken my offer they are just sick.  Sometimes I end up buying the house for the same price that I offered six months earlier.

There are several advantages to selling your house to me.  I can:

  • Close on whatever day you want. You are in complete control of the closing date.
  • Take the property as-is. You don’t have to fix or clean ANYTHING.
  • Pay all of your closing costs. This saves you a ton of money.
  • Take care of all the details and paperwork. There is no stress for you.

If you are serious about selling your house give me a call today at 806-359-SOLD (7653) or visit my website at Sell Amarillo House.

Sell My House Fast Amarillo! 806-359-7653

Thursday, September 6th, 2012

How can I sell my house fast in Amarillo?  That is the question.  Real Estate is not a very liquid asset.  It usually takes a while to get a house sold.  But some people can’t wait for months and months for their house to sell.  They need it sold right away!  That’s why they call us!

We buy Amarillo and Canyon houses from people just like you.  We can buy in just about any area, any condition, and any price range.  We are very easy to work with.  When you call us you will get an offer usually within the same day.  You don’t have to make any repairs or even clean the house.  We pay all of the closing costs and take care of everything.

Now I know what you may be thinking.  You think I am going to make you a ‘low-ball’ offer right?  Well that is not the case.  It is true that we have to buy houses at a discount in order to be able to fix them up and put them back on the market and hopefully sell for a profit.  But when you compare our offers with what you would actually get after paying a Realtor and making repairs you will see that our offers are very fair.  When you sell your house to us you have a check in just a few days, not a few months!  Even if we can’t buy it from you we can probably give you some ideas that you haven’t thought about.

So if you need to sell your house fast give us a call today at 806-359-SOLD(7653).  You can also visit us online at sell my house fast.

Sell My Amarillo HouseSell My Amarillo HouseSell My Amarillo HouseSell My Amarillo House

Contact Information

4105 SW 34th St, Amarillo, TX 79109 | 806-359-7653

wade@mitchellpropertygroup.com | emmy@mitchellpropertygroup.com