Investor or Realtor: Which Is Right for You?
Differences
| Selling w/ an agent | Sold to Synergy Group Properties | |
|---|---|---|
| Commissions/Fees | 5-6%Â on average is paid by you | None |
| Who Pays Closing Costs? | 2% on average is paid by you | None – We pay all costs |
| Inspection & Fin. Contingency * | Yes, up to 15% of sales fall through | None |
| Appraisal Needed | Yes, sale is often subject to appraisal | No, We go off of current Fair Market Value |
| Marketing | Visible to Everyone, Including Neighbors | Private Investor Network |
| Number of Showings | Depends on property/location | Private Evaluations |
| Commitment Length | 90-180 days | 7-45 days |
| Who Pays For Repairs | Negotiated during inspection period | None – You Can Sell AS-IS |
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* With the help of inspection contingency, the buyer gets the required time for inspecting the property and back out or renegotiate the deal if there are any repairs that need to be done. In case, the seller doesn’t agree with the buyer, the buyer has complete right back out of the sale.
* A financing contingency provides space to the buyer, which enable him back out of the deal in case he fails to secure finance for the deal or there is no appraisal of the property value as required by the bank for the closure of the loan.
Here at Synergy Group Properties we don’t use bank financing so you don’t have to worry about our ability to close on a deal.
Areas where we buy houses
Columbus, Ohio
Newark, Ohio
Reynoldsburg
Hilliard
Grove City
Dublin
Upper Arlington
Delaware
Sunbury
Pataskala
Gahanna
Westerville
Whitehall
Heath
Pickerington
Buckeye Lake