Selling Your Home to Investors: Advantages and Benefits
As a homeowner who is about to sell your house, there are two options readily available for you. The first and most common choice is to have it listed with a real estate agent. The second option meanwhile is to sell it directly to a real estate investor. While it can’t be denied that the first option is the one most people are familiar with, it’s also no longer a secret that the second option is getting increasingly popular as well. 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 – There’s a possibility of closing the deal in just a day or two.
It’s no longer a secret that one of the greatest disadvantages of working with a real estate agent and selling your house to a traditional market is that the process takes so long and closing a deal could mean waiting it out for several months, some even take years. But if you go with online investors who buy houses with cash, you potentially could close the deal and get cash in a day or two.
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2 – You can release your house in its current condition.
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Another very welcoming benefit of selling your home to an investor is that you can sell it without the need to fix anything. 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 can say goodbye to paying for real estate agent 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 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 end of the day, selling your home to a real estate investor is the most practical option for you if your main objective is to get the money you need in the most hassle-free way possible.