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Offering a house with a standard real estate agent isn't so cut-and-dried: Added expenses consist of an average commission of about 6%, and depending upon the state, closing costs that can run from 2% to 5% of the purchase rate. Sellers need to spend for repair work, too, and while the home is on the marketplace, they're stuck paying the home mortgage and other costs.
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For the majority of house owners, this route is the very best method to bring leading dollar for their home specifically in today's realty market. Basically, there are less houses on the marketplace today, so competition is high and lots of sellers are raking in offers. For the most part, choosing a lower price from an investor just doesn't make good sense.
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