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How to Properly Run the Numbers When Selling Your House in McAllen

Ready to find out what the numbers add up to for you? When you are crunching the numbers on the best way to sell your house, it is essential to understand the big picture. You’ll need to know how to properly run the numbers when selling your house in McAllen to take an informed decision.

Monthly Bills and Expenses

While your house is on the market, the monthly utility bills, and expenses such as mortgage payments, insurance, maintenance, and repairs continue to be present. You need to consider all these holding costs when you run the numbers when selling your house in McAllen. 

Working with a real estate agent means that you need to include the monthly expenses and costs of holding the property for at least the average time their listings are on the McAllen MLS. 

Working with a professional investor who understands that time is costing you money means you won’t be waiting long. They have cash in hand and can guarantee a fast closing, many times in a matter of days if the paperwork is in order.

Repairs

Unless your house is brand new, it is highly likely that you will be facing repairs, even if you don’t know about them yet. A professional inspector will find some issues with the property. Sometimes they find expensive issues during an inspection, and this is another reason you should know how to run the numbers when selling your house in McAllen.

Working with a real estate agent means either making the repairs before the sale is closed or facing deductions for buyers’ repairs. Most homes that need work when listed on the McAllen real estate market typically receive very low offers.

Working with a professional investor means that everything will explained clearly from the start, including a deduction for any repairs they will be making because they will be buying the home as-is. You will know upfront how much money you will get for your house, no obligation, no costly surprises down the line, no wasted time because the buyer backed off from the offer after the inspection issues were presented.

Fees and commissions

It is vital to understand how much you will pay in commissions and other fees when you run the numbers, so you know exactly how much money to expect at closing when selling your house in McAllen.

Working with a real estate agent typically means you will be paying around six percent of the total sales price in commissions. Of course, there will likely be other professional fees and expenses coming out of your pocket before the sale, such as closing costs and concessions.

Working with a professional investor means that you skip all of the red tape, commissions, and fees. Remember to add these figures into your numbers when considering the offer. 

Decide

Will listing your home be worth it? There is only one way to find out how all of the different factors add up. You need to have all of the data plugged in to get the correct answer when you run the numbers when selling your house in McAllen 

Working with a real estate agent may gain you more profit, given your home’s condition and the time and finances you have available.

Working with a professional investor means no waiting, no guessing about what the inspector will find. A bonus is that you don’t have to concern yourself with the headaches , cleaning, and all the expenses of getting ready for showings.

Decide your best option! At Dolfin RGV, we will run the numbers and go through everything in detail. Our goal at Dolfin RGV is to inform you of every step of the process with complete transparency. Dolfin RGV our job is to make sure you feel confident in your decision when selling your house in McAllen. Contact Dolfin RGV at (956) 904 5234 today!

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