Benefits of Selling to a Real Estate Investor
If you have plans of selling your property, then the first thing you think probably is to call a realtor to put it on the market. On the other hand, taking this path can be a bit time consuming and also, expensive. There are companies that buy houses you could talk to which can help you sell your house fast.
When selling your house the traditional way, you might need to make improvements which require you to invest money in doing repairs as well as spruce up the curb appeal of the property. Unlike when selling your house to a real estate investor, you don’t have to do any of this as you can sell the house as is. As you read the next paragraphs, you’re going to learn the different benefits of taking such option.
Number 1. Speed – like what we have learned earlier, talking to a realtor to list your house may consume a lot of your time. Your house might be promoted using open houses and advertising with an average listing agreement lasting for at least 6 months. As soon as you find a prospective buyer, he/she will need to be qualified for financing which can delay the transaction.
If you want to have a fast transaction and be paid in cash at the same time, then it will be ideal to talk to a real estate investor. This is actually a huge advantage especially if you’re in a spot where you need to get cash and need to sell house quickly.
Number 2. No need to put money into your house – by taking the traditional path of selling houses, the buyer will likely expect from you that the house is in good condition. This may make you to spend more money to install new roof, replace the flooring, painting inside and out, improving the landscape, taking care of other costly as well as time consuming improvements that you’d not need to worry when you sell it to we buy houses companies.
These investors are going to be the one who’ll perform the repairs needed on your house. What you need to do here is to just agree on their offer and then, sell the house to them.
Number 3. No commission fees – it’s understandable that real estate agents are working on a commission basis. What is meant by this, if you sell the house for 200,000 dollars and assuming that you agreed a commission of 6 percent to your agent, he or she will take the 12,000 dollars from the deal. If you sell to we buy house companies, you are directly talking to the buyer and thus, strips away any commissions or fees.