If you’re contemplating selling, you’re likely currently evaluating your choices and perhaps determining the method and potential buyers.
Regarding the sale of your home, there are several avenues to explore. You can collaborate with a real estate agent who will list your property and seek potential buyers. Alternatively, you can independently list your home and search for a buyer. Another option is to partner with a real estate investor who will purchase your property directly, offering a speedy transaction.
To sell your property to a conventional buyer, the agent must locate that buyer, which can be a time-consuming process, sometimes spanning several months. Fortunately, you don’t have to endure such a lengthy wait. When you opt to sell to a real estate investor, they can close the deal swiftly, often within just a week or two. As they are ready buyers, there’s no need for extensive searching; you already have their information, allowing for a quick sale.
Not every house maintains its pristine condition, and that’s perfectly normal. However, when you sell to a conventional buyer, you might find yourself financially responsible for making repairs and cleaning the property before they even consider purchasing it. In contrast, most investors are willing to purchase houses in their current as-is state, allowing you to save both money and time (not to mention the hassle) by bypassing the need for repairs and cleaning.
This might be the most significant issue of all: When you sell to a conventional buyer, you’re essentially speculating and relying on the hope that they will agree to your desired selling price. If you wait for several months and they eventually negotiate a lower price, that’s far from ideal. However, when you opt to sell to an investor, you have immediate clarity about the exact amount they are willing to offer. You’re not obligated to accept their offer, but it serves as a valuable initial step in helping you make informed decisions about your next course of action.
There are many ways to sell your house. And although selling to an investor might not be the right choice for everyone, it might be right for you.
Frequently Asked Question
Maybe you have a few questions. That’s okay; most people do. So here’s a quick question people ask us… along with our answers. If you still have a question, don’t hesitate to contact us (or give us a call) and we’ll be happy to answer it for you.
Q: How are you different from a real estate agent?
A: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 3-6 months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different: We’re not agents, we’re home buyers. Our company actually buys houses. We don’t list houses. Since we’re actually the one buying the house from you, and we pay with all cash… we can make a decision to buy your house within a couple of days (sometimes the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).