Listing with an Indy Inherited Realtor vs. Selling to Indy Inherited
It’s smart to look at your options and see what selling method aligns with your goals. ‘Listing’ retail with an Indy Inherited Realtor will typically get you the highest sales price. Keep in mind that you’ll want to balance highest sales price with other factors such as: the time and money it takes to prepare a home for sale, your location to the property, the headaches involved, other heirs interests, etc… There is no right or wrong option, it depends on your unique situation. When you contact Indy Inherited, we go over these options and others to help you decide which selling method best suits you. If you’re going through probate or similar, we work with attorneys and other professionals to help you navigate the process. Indy Inherited can also help you with the personal property items that remains unspoken for. Call us at (317) 536-2575.
Below are some of the options.
|Selling w/ Indy Inherited Realtor||SOLD To Indy Inherited|
Commissions / Fees:
|Typically yields highest sale price
6% on average is paid by you, the seller
|Less: to cover costs/rehab
|Closing Costs:||Paid by seller typically||Usually paid by us|
|Inspection & Financing Contingency*:||Yes, up to 15% of sales fall through||None|
|Appraisal Needed:||Yes, sale is often subject to appraisal||Not needed|
|Average Days Until Sold:||+/- 91 Days||Cash offer within a few days|
|Number of Showings:||It Depends||1 (Just Us)|
|Closing Date:||30-60 +/- days after accepting buyers offer||The date of your choice|
|Who Pays For Repairs?:||Negotiated During Inspection Period||None – We pay for all repairs|
When does it make sense to list your house with an Indy Inherited Realtor?
The Realtors of the Indy Inherited Team specialize in selling inherited, probate, and estate property. Knowing which sales method is appropriate and when is crucial. One example, when a home is in good shape and has been well maintained, the house is a great candidate for a retail sale. In contrast, another home may be in great shape, but may be outdated. These homes, sometimes referred to as time capsule houses, may or may not be best sold in a retail environment. It completely depends on the local market and trends. The Indy Inherited Realtor Team is specialized group that’s part of the Keller Williams real estate agency.
When does it make sense to sell direct to Indy Inherited?
There are a number of factors to consider, but it can make sense to sell to us direct when:
You want to sell quickly and you don’t want to bother with showings or inspections
There are difficult issues such as foreclosure, or tax sale.
There are a number of maintenance, repairs, and/or safety issues.
The house is packed with unwanted personal items.
There are difficulties covering holding costs such as mortgage, taxes, insurance, etc…
There are no local relatives to care for the property.
What about an auction?
There are times when an auction makes sense and we will discuss the benefits and risks associated with auctions with you.
Work The Numbers And See Which Method Is Best For You.
When you really work the numbers, you start to see the real benefits that each method of selling offers. There are pros and cons to each method. Like we mentioned before, it really depends on the current condition of the house, the goals of you and your family, and the amount of time you have available.
*An inspection contingency let’s 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 ability 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.