Benefits of Selling to a Real Estate Investor
If you have come to a decision of selling your property, then it is possible that you think of going to a realtor first to have them 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.
You might have to do some improvements when selling your house traditionally such as investing money in doing repairs, sprucing up the curb appeal and so on. 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. You’re going to discover the benefits of considering this option in the next lines.
Number 1. Speed – as what mentioned earlier, it could be a time consuming procedure to list your house to a realtor. Your house might be promoted using open houses and advertising with an average listing agreement lasting for at least 6 months. He/she will have to be qualified for financing which could delay the transaction as soon as you find prospective buyer.
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 a big advantage particularly if you’re in a situation to which you need urgent cash and have to sell the house fast.
Number 2. No need to put money into your house – if you are going to sell the house traditionally, there is a big chance that future homeowner would expect it to be in excellent condition. You might find yourself having to make additional investments in replacing the flooring, installing new roof, painting inside and out, improving the landscape and taking care of other expensive and time consuming improvements that you would not be worrying about if you sell to we buy houses companies.
The stress of improving it can be taken away off your shoulders as these investors will be doing it on your behalf. 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 – real estate agents earn through the commissions they make from the sale. So if you have agreed with your agent of their commission rate to be 6 percent, it means that they take the 6 percent of whatever the house is sold for. This is where we buy house companies have the upper hand as they never charge fees or commissions from the deal.