5 Things a North East Estate Agent isn’t Going to Tell You

5 Things a North East Listing Agent isn't Going to Tell You

If you’ve decided to sell your North East home, stop looking for an estate agent and consider your options before making a costly mistake. Not all properties and not all sellers fit perfectly into the standard open market listing model.

Some home sellers are under pressure to carry the expenses of relocating before selling their first home. Time is of the essence for these sellers; waiting for the listing process, offers, negotiations, and then the sale and mortgage approval for buyers isn’t feasible. In addition, some sellers aren’t in a position to complete the prepping and repairs either physically or financially. Read on as we explore five things a North East listing agent will not tell you. 

Your Options For Selling

A North East estate agent will not tell you about different sales methods, and if they do they won’t have anything good to say! Like those at North East House Buyers, a direct buyer will discuss all of your options with you to help you decide which method suits your unique circumstances best (even if that isn’t us!). We are completely transparent at North East House Buyers, even if that means you end up listing with an agent. The direct buyers and the full-service team of industry professionals at North East House Buyers are local, living, and working right here in the North East, and we’re proud of the work we do as a part of the North East property market. To that end, our goal at North East House Buyers is to help improve the quality of life in our community and help our neighbours, like you, to solve their problems.

Your Completion Date

While the date you will complete isn’t something that a North East estate agent can’t tell you, a direct buyer like those at North East House Buyers can work with you to set the completion on a calendar date that works best for you. Wouldn’t it be nice if you could time your completion with your upcoming plans for moving into your new home? As a bonus, while sellers typically cover the legal costs with a traditional listing, you’ll never pay any legal costs at all when you sell directly to North East House Buyers. At North East House Buyers, we don’t believe sellers should have to pay any extra expenses to sell their homes.

Your Total Expenses

A North East listing agent doesn’t tell you how much you’ll profit until your home sells. So holding costs, the monthly expenses that you continue to carry for utilities, maintenance, and any further repairs as may be required, will continue to tally up as your home lingers on the market as you watch the profits dwindle. Direct buyers like those at North East House Buyers lay it all out in the open and are transparent with the numbers used to calculate our offer, which we want you to agree is fair. At North East House Buyers, we want you to feel good about your direct sale long after completion.

Your Total Profits

A North East listing agent can’t tell you exactly how much of your final sales price you’ll owe for their commissions; however, you will know the percentage to deduct. On the other hand, you won’t pay any commissions at all by selling directly to a professional buyer like those from North East House Buyers.

No hidden fees will come off the top at completion. When you work with a direct buyer like those at North East House Buyers your professional buyer will detail the profits you’d make from listing vs. selling directly. At North East House Buyers, we do this because we want you to make an educated decision about such a significant financial transaction.

How Much You’ll Pay for Repairs

While estate agents may advise you on the repairs, upgrades, and renovations you should consider, something a North East estate agent will not tell you is the total amount of expenditures you’ll face before the final sale. Making repairs is fraught with surprises that often cost thousands of pounds, especially in older homes.  In addition, if your buyers find new issues with the property, they may have contingencies in the contract that require you to pay for any repairs or take a significant hit off your asking price for their inflated estimates to take on the risks of making repairs. At North East House Buyers, we lift the burden and risks of making repairs off your shoulders and onto ours; when your deal completes, your responsibility ends. 

There are many things a North East estate agent isn’t going to tell you, mainly because they don’t know yet. The direct buyers at North East House Buyers eliminate the loan process for buyers with a cash offer. Cash allows the direct buyers at North East House Buyers to bypass the red tape of conventional listings with a convenient and fast guaranteed completion date. A direct sell to a professional buyer at North East House Buyers can save you from out-of-pocket expenses and the hassles of viewings with no commissions, hidden fees, or complicated contracts. Talk to a direct buyer at North East House Buyers about your home and find out how we can help you overcome any hurdles you face with no obligation. Call North East House Buyers at 0191 462 0160.

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