Why You Sell Your House to an Investor
As a homeowner who is about to sell your house, there are two options readily available for you. First is to go the usual way of listing with a real estate agent. The second option meanwhile is to sell 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. It really isn’t that much of a surprise though that many homeowners are leaning towards this option because getting cash in return for their homes the quickest way possible is simply too enticing to resist. However, you must acknowledge the fact that selling your house to an investor isn’t just about the fast cash. Let’s take a good look at the best reasons why you must consider this option.
1 – You get to close the deal in 24 hours.
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.
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2 – You can release your house in its current condition.
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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. For a traditional sale, you will be required to fix any damage to your house before anyone gets to be serious in buying it. Yes, you can sell your home to a traditional buyer for more, but you also shouldn’t forget that you’re spending money to make the necessary repairs, which means that the price difference is no longer a big deal.
3 – You can say goodbye to paying for real estate agent commissions.
Finally, when you sell your home the traditional way, it means you likely are going to hire a real estate agent and then pay for that agent’s commission after a successful sale; but if you sell your property directly to an investor, you no longer need to pay a commission because there is no realtor involved in the first place. While you are led to believe that the commission is a very small fee considering the help you’re getting in listing, advertising, and selling your property, but the truth is realtors normally charge around 6% of the selling price, which obviously is a huge amount.
At the day’s end, you eventually will realize that selling your home to a real estate investor is your best bet, especially if what you’re after is to sell if fast and without any hassle associated with the traditional sale.