| Selling With An Agent | Sold To Karma Home Buyers | |
| Commissions / Fees: | 6% on average is paid by you, the seller | Standard commissions if we list your home; NO fees/commissions if you sell directly to us for cash |
| Who Pays Closing Costs? | 2% on average is paid by you, the seller | You pay standard closing costs if you list your home; you pay NO closing costs if you sell directly to us for cash. |
| Inspection & Financing Contingency*: | Yes, sales can fall through | Much lower risk of the final sale falling through |
| Appraisal Needed: | Yes, the sale is often subject to appraisal | Subject to appraisal if listing on the market, but we make cash offers, too! |
| Average Days Until Sold: | +/-91 Days | Standard time on the market or IMMEDIATE CASH OFFER |
| Number of Showings: | Varies | 1 (Just Us) if you sell to us for cash |
| Closing Date: | 30 to 60+/- days after accepting the buyer’s offer | The date of YOUR CHOICE |
| Who Pays For Repairs? | Negotiated during the inspection period | We pay for all repairs if selling to us for cash |
*An inspection contingency is a crucial part of the home buying process. It allows the buyer to conduct a thorough inspection of the property and potentially renegotiate the terms or back out of the sale if significant repairs are needed. This contingency protects the buyer’s interests and ensures that they are not stuck with a property that requires extensive repairs. On the other hand, a financing contingency provides the buyer with an opportunity to back out of the purchase if they are unable to secure a loan or if the home doesn’t appraise for the necessary value. This contingency safeguards the buyer from any financial risks associated with the purchase and allows them to explore other financing options if needed.