We buy houses in Aurora, Colorado. You want to sell your home and you’re looking forward to putting some money in your pocket. But did you realize that selling your home may mean you have to PAY money? We are homebuyers in CO, and in this blog post, we break down what are the different fees paid to agents versus those paid to investors.
It’s true: Selling your home in Aurora CO can sometimes mean that you have to pay. (This isn’t always the case, but it often is.) We want to you to know about the different fees you have to pay because this information may help you decide whether to work with an agent or to sell your house directly to an investor.
What Are the Different Fees Paid to Agents Versus Paid to Investors in Aurora CO?
Agent Fees in Colorado
An agent is a salesperson, and they will try to find a buyer to purchase your home. In order to do this, they will list your house in a listing service and use various marketing efforts to try and find a buyer in Aurora CO.
So, you’ll end up having to pay some fees to the agent. Those fees usually include a commission if they can sell the property (this is the highest amount of money you’ll have to pay and it’s often about 6% of the sale price of the house, or about $6,000 for a $100,000). There may be other fees you have to pay as well, and these might include different advertising fees or other costs associated with selling your home. There might be a fee to list your house, there might be a fee to the agent’s brokerage, there might be a fee to get a sign in front of your home, or there might be a fee for the title company… the list goes on and on. You can ask the agent about these and they should tell you.
Investor Fees in Aurora, Colorado
This is the part that surprises most home sellers: For most investors in Aurora CO, there are rarely any fees to cover. Investors will usually take care of all fees associated with selling. Plus, there’s no commission to pay because they’re not agents, so they’re not listing your house. You might be responsible for closing costs, but this depends on the investor, so make sure you ask the investor who pays for those costs.
The One “Fee” in Aurora You May Not Be Thinking Of
There’s one more cost (“fee”) that you might not be thinking of: When you work with an agent, they’ll get you to fix up your house in Aurora CO, and then, you’ll have to pay bills and taxes for as long as it takes the agent to find a buyer. Although this isn’t a fee to the agent, it’s a cost you’ll have to pay because of the agent… yet when you sell the property to an investor, they buy quickly, so you end up saving this cost as well.
Sell My House in Aurora CO
So, what’s right for you? Should you sell your home to an investor or an agent? It depends on how much you’re willing to pay and how quickly you need to sell.
If you want to go over this in more detail or confirm that we won’t charge you any fees if you sell your house in Colorado to us, please get in touch. We’ll be happy to walk you through it. We are professional Aurora home buyers, and we offer cash for houses in Colorado.