“Quite often investors are willing to pay cash for a home and with the recent tightening of financial restrictions, coupled with the growing number of complaints about low appraisals, having a cash buyer has become even more appealing.”
Compare Your Property Sale Options
See how a fair, cash offer and selling your house to SellHouseChicago empowers you!
Option 1: For Sale By Owner (FSBO)
Selling your house on your own will require some real effort. It is wise to have some real estate knowledge under your belt so you can understand all the laws and to be prepared for the negotiation process. You should have an understanding of the local market and be able to recognize a good offer. With a For Sale By Owner Listing, or an FSBO, you will need to handle all of the marketing and sales activities on your own. Some of the tasks include: managing the online listing, print materials, various ads, open houses, and signage. You will also need to be able to answer questions and show the property to potential buyers as requested. If you do find a potential buyer, you will need to ensure all of the paperwork, disclosures and contracts are handled correctly. When choosing an FSBO listing, it is always smart to speak to a local real estate attorney to make sure everything is done the right way.
Option 2: Listing with an Agent
Hiring a local agent is a great choice for those who don’t mind some pre-listing costs, paying for the transaction costs, and who don’t have an urgent timeframe in which they need to sell by. When you list your house with an agent, you will likely need to do some work to the house so it is competitive with others on the market. This can involve professional cleaning, staging, repairs, and upgrades. Once the house is listed, the agent will schedule showings and hopefully receive offers that reflect the market and provide a return on investment for the pre-listing dollars you’ve spent on preparing the property for sale. Market offers take time to procure, depending on many variables this can take days, weeks, months, or sometimes not at all. If and once a buyer is found, it will take some time to complete and remove the various contingencies which include: inspections, attorney review and modifications and, if the buyer is using financing, other lender requirements will have to be resolved too. These often includes an appraisal, which can drastically reduce the value of the deal, and lenders can require additional repairs and upgrades outside of what you have already spent prior to listing the property. In most cases, after an offer is accepted, it can be weeks to months before the property actually closes and all deals risk falling through, costing you serious time and money.
Option 3: A Direct Sale to
A direct sale of your house will help you sell your house quickly and efficiently. Working with
gives you peace of mind that the property will close on your schedule, while saving you time and money. Our program covers most transaction costs and you do not pay any sale commissions. Our program closes on your schedule, allowing you to plan ahead, and you won’t need to spend any time or money on repairs, upgrades, cleaning or staging. Lastly, our team coordinates the entire process. From the consultation, to the offer and closing, we handle all of the paperwork and can close in as little as 2 weeks.At
, we want to help you make the decision that is in your best interest. Whether you decide to sell directly, on your own, or with an agent, we help to fully explore all your options in the sale of your house/property.Selling FSBO | Selling w/ An Agent | Direct Sale to | |
---|---|---|---|
Commissions / Fees: | Up to 3% to the buyer’s agent | 6% on average is paid by you, the seller | None |
Who Pays Closing Costs?: | 2% on average is paid by you, the seller | 2% on average is paid by you, the seller | We cover most transaction costs. |
Inspection & Financing Contingency*: | Yes, sales can fall through | Yes, sales can fall through | None |
Appraisal Needed: | Yes The sale is often subject to appraisal | Yes The sale is often subject to appraisal | None |
Average Days Until Sold: | Up to 120 Days on Average | 60 Days on Average | Immediate Cash Offer |
Number of Showings: | It Depends | It Depends | Only 1 – Us, that is it! |
Closing Date: | 30-60 +/- days after accepting buyers offer | 30-60 +/- days after accepting buyers offer | On your schedule, as little as 2 weeks. |
Who Pays For Repairs?: | Negotiated During Inspection Period | Negotiated During Inspection Period | We pay for all repairs |
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Get your fair cash offer and sell your house in 2 weeks!
514 E 95th St • Chicago, IL 60619
SellHouseChicago is an affiliate of PIP Realty Group, a licensed real estate brokerage in the state of Illinois. License #: 481012918. Neither PIP Realty Group nor SellHouseChicago will represent your interests if you sell your home through SellHouseChicago. You may be able to sell your home for more than SellHouseChicago’s offer price. We may also determine that one of our home buyer partners can make a better offer than SellHouseChicago. In this case, we may share information about your home with these potential buyers to get you the best offer. Not all homes are eligible to be purchased by SellHouseChicago.
Illinois counties we service: Cook County, DuPage County, Will County. Illinois cities/towns/villages we service: Alsip, Berwyn, Blue Island, Burbank, Calumet City, Calumet Park, Chicago, Chicago Heights, Country Club Hills, Cicero, Des Plaines, Dolton, East Hazel Crest, Flossmoor, Harvey, Hazel Crest, Hometown, Homewood, La Grange, La Grange Park, Markham, Orland Park, Palos Heights, Palos Hills, Richton Park, River Forest, South Chicago Heights, South Holland, Stickney, Summit, Tinley Park, Western Springs.