When collaborating with a real estate agent, commission costs typically range from 3-6% of the sales price. For instance, on a $200,000 property, this could amount to $6,000 – $12,000 in fees. Real estate agents are valuable when time allows for a 6-12 month selling period and there’s flexibility to cover commissions. Conversely, as direct buyers, we purchase homes with all-cash offers. We can evaluate and make purchasing decisions within days, sometimes even on the same day. Our livelihood involves assuming the risk of purchasing with our own funds, conducting repairs, and independently marketing the property to locate buyers.
