The moment you decide you’re selling your home, there are actually several ways you can do it. Obviously, the first one is where you list it with the help of a real estate agent. On the other hand, you have the option of selling it directly to a real estate investor. It’s true that the first option is what most people are aware of, but you also should know that there’s an increasing number of homeowners who prefer the second option. Well, it’s not really a complete surprise because any seller out there will definitely be intrigued by the prospect of getting cash in return for their house once they deal with a real estate investor. But mind you, it’s more than just the fast cash though. So, here’s a look at the most sensible reasons in choosing this option:
1 – You can close the deal in one day.
Everyone is aware that the most notable drawback of listing your property in a conventional real estate market is the fact that it normally will take several months or even a year to close the deal. But if you choose to go with online investors who buy houses with cash, closing the deal won’t take a week.
Looking On The Bright Side of Houses
2 – You sell your house in its current condition.
5 Uses For Realestate
Aside from a quick closing, another notable benefit of selling your house to an investor is that you don’t need to add some expenses on fixing what needs to be fixed. You probably already know that in a traditional sale, the seller is compelled to fix anything that’s broken or damaged in the property before any potential buyer will talk seriously about buying it. So, even though you are likely to sell it at a higher price compared to when you sell your house fast to an investor, it really doesn’t make a huge difference because you still will have to spend on the repairs.
3 – You get to completely avoid paying commissions.
Finally, why would you settle for a traditional sale of your home when you’re forced to pay commissions to a real estate agent if you can sell it directly to a buyer and you get all the money? While you are always given the assurance that the commission you’re paying is just a very little amount when compared to the money you’re getting in a successful sale, in reality, you’re actually paying them 6% or even more in commissions, which roughly translates to a substantial amount.
In the end, selling your home to a real estate investor is definitely your smartest option right now, especially if the main reason why you’re selling it in the first place is to get fast cash and avoid the hassle involved in a traditional sale.