Sales – Getting Started & Next Steps

Advantages of Selling Your House to an Investor

When planning to sell a house, most people automatically think of listing the property with a realtor. This, fortunately, isn’t the only option you have. Rather than doing it the conventional way, you can sell your house to an investor and expect many significant advantages.

Fast Process

Listing your home with a realtor can be time-consuming. Even if someone were interested to buy the property, they would still probably have to get financing, which extends the process even further. If you plan to sell to a private buyer, the sale can also be contingent on your house passing an extensive inspection, which is isn’t always assured.

On the other hand, real estate investors will buy your house with cash and close the deal immediately. This can prove to be advantageous in an emergency financial scenario. You could get a no-obligation cash offer in as little as 24 hours, and your payment just a few days after.

No Need for Repairs or Renovation

Selling your house the conventional way means doing repairs or renovators so that the property becomes attractive to prospective buyers. For example, you may have to replace flooring, repaint the interior and exterior, get a new roof, etc. Worse, you may be spending a big amount of money without any guarantee that you can set a sale price that allows you to recoup your investment.

In contrast, real estate investors will buy your house at the current state it’s in. That means you need not spend for any repairs or renovations. The purchase price will understandably be adjusted as necessary.

No Need to Clean

When selling the conventional route, another thing you have to ensure is that the house is immaculately clean, because that is exactly how buyers want it to be. If you sell the property to an investor, you don’t have to do that. That means you can save time, energy and money. Just take what you want and leave whatever you don’t need anymore.

No Commissions or Fees

As we all know, a real estate agent doesn’t work for free. Either they are paid a commission, which is about 6{905771828b59866bb28255ee3ca0815436c606047afa8e50d7367fb7fe53ead5} of the purchase price), or a flat rate. That stays true, regardless of the agent’s amount of involvement in the deal. Selling your property to an investor means you don’t have to pay them anything, flat rate or commission.

The above are the key advantages of selling a house to an investor, but keep in mind that these companies are not all the same. Thus, you have to do a little homework before choosing the one that’s best for you.

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