When Should Buyers Engage in a Direct, Cash Sale?

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There’s a lot of hype about conducting your real estate transaction without using a local, licensed agent to help you.  Yes, you can buy a house or vacant land all on your own, but experience shows that you usually end up paying more and having unintended challenges along the way.

A licensed REALTOR® is responsible for making sure that you get the outcome you are expecting.  That’s not to say that it will always be the outcome you expected from the beginning, but it is to say that you should understand the consequences of the decisions you make throughout the process.

All too often, folks tell me about their transaction after the fact and lament the fact that they “didn’t know what they didn’t know.”  I got into a conversation with Jim and Gloria when I was on vacation recently.  I was strolling around the RV park in which I was staying for the evening when we started chatting as I was passing their site.  They shared with me that they had been living there for the past three months because the people they were buying their home from kept delaying completing the sale because.  Jim and Gloria were feeling pretty frazzled by that point because they had just found out that they were delayed again for at least 10 more days.

We talked about their situation and I helped them draft an amendment to their contract that would put some consequences on the seller for failure to complete the transaction.  I also explained that if they refused to sign the amendment, Jim & Gloria could cancel the sale and get their money back from escrow but they would still be out the cost of inspections.

Just the 15 minutes we spent together made them feel much more relieved! They told me at the beginning of the conversation that they would never try to buy a house on their own again and were telling everyone they ran into that they needed to hire a REALTOR®!

My purpose is to make sure that every client is clear about their options in every step of the transaction and is able to make their choices each step with full understanding of the consequences and possible results.

If that’s the kind of experience you want, call me at 661-375-7325 and let’s talk about what’s important to you about moving.

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