Is it beneficial to sell your property to a real estate investor? When planning to sell property, often the first option that most home sellers think of is working with a traditional realtor. However, selling your home through a real estate agent comes with its own challenges such as delayed sales, doing repairs, and incurring realtors’ fees. If you are a distressed home seller or you want to sell your house fast, working with a real estate investor is the best option. You will see here that there are several key benefits of selling your home to a real estate investor.
1-A Real Estate Investor Buys The Home “As-is”
Facing foreclosure often puts a homeowner under enormous pressure to find a solution. Unfortunately, if your house is in bad shape, a real estate agent may not even agree to work with you. Especially if they don’t specialize in distressed properties. Even when they do, you will be given a list of necessary repairs and improvements that you need to fix before they can agree to list your house and promote it.
You probably don’t have enough money to do the necessary home repairs. Selling your home to a real estate investor will resolve this predicament. When a real estate investor buys your house, you do not need to do the repairs. An investor will do the repairs later once home closing is done.
2-A Real Estate Investor Guarantees A Fast Sale
When you list your home with a real estate agent, it might take a longer duration before they can get a serious home buyer. The home selling process through a realtor is also a time-consuming process which is not ideal for home sellers who want to sell their houses fast.
When you sell your home to an investor, they will appraise your home and give you an instant cash offer. Although the offer is often slightly lower than the current market value of your property, they compensate you by guaranteeing a fast home closing.
3-No Commission Fees
When you sell your home through a realtor, you must be prepared to pay the realtor’s fee. In most cases, it can go up to 6% of the total home value. When you opt to sell your house to a real estate investor, you will save all these commissions and other associated fees. An investor gives you a cash offer and you receive it in full once you agree to sell your home.
4-Selling Your House To An Investor Involves Less Paperwork
The home selling process when working with a real estate investor involves less paperwork and fewer parties. It’s only you as the home seller and the investor. Therefore, you will eliminate the process of scrutinizing offers from multiple prospective homebuyers and also having to wait for buyers to be pre-qualified by different lenders for home loans.
Real estate investors have their own money and that’s why they are able to shorten the home selling process.
5-There Are No Closing Costs
The quick home closing process with an investor usually also eliminates closing costs to home sellers. Unlike a traditional realtor, real estate investors often cover any closing costs. This means that you will have more cash in your pocket once you close the home.
Selling your house through a realtor or for sale by owner (FSBO) comes with a lot of challenges and delays. However, when you sell your property to a real estate investor the process is much smoother and less costly.
You really can’t compare getting an instant cash offer quickly. Saving the headaches of a drawn-out home closing process is quite valuable as well.
Get in touch with Dan for a quick offer on your home.