What Is a Real Estate Agent (And Why Are They Taking Your Cash)

1. What Is a Real Estate Agent (And Why Are They Taking Your Cash) When selling your house, the first step you may be inclined to take is to find a licensed real estate agent. Real estate agents have, for a long time, been a major part of the traditional selling market. Real estate agents represent both buyers and sellers in typical transactions, and they usually come with some level of certification or licensure, so you feel more confident putting your home and their hands. In return for this confidence, real estate agents require a percentage, or commission, from any sales that they help happen. If you're trying to sell your Florida house for cash, using a real estate agent may lose you up to 6% of your selling price. And you can't really negotiate that with your real estate agent. Most real estate agents are working with a broker, firm, or a fellow professional with a specialized license, so they have predetermined boundaries through which they process

2. business transactions like selling your home. Because of this, the cash you will lose with a real estate agent is a set amount that you don't have a lot of say in. You also don't have a lot of say in whether or not your house will sell for your preferred price. This doesn't so much have to do with the real estate agent as it does with the traditional real estate market. Since real estate agents act as an in-between for buyers and sellers, they are simply managing negotiations, not ensuring that your home will actually sell for what it's worth. Some houses will sit on listing sites for months without ever being given an offer, and when they do finally get an offer, it's going to be much lower than what they originally anticipated. Add on the fact that you have to continue to pay mortgage, bills, and other costs while trying to sell your house in the traditional way, and your hope to get cash for your house is changing into spending lots of cash on a house that you no longer want. Instead of using a real estate agent that is going to take your cash for your home, consider a Florida wholesale buyer like Joe Homebuyer South Florida. Joe Homebuyer will pay cash for Florida homes, and their process is fast, easy, and hassle-free. For those looking for a quick sale, there's no better option than Joe Homebuyer. Contact them today to get a cash estimate within 10 minutes and close within as little as seven days.