Why Sell Your House to Real Estate Investor?
If you have come to a decision of selling your property, then it is possible that you think of going to a realtor first to have them put it on the market. Such method on the other hand can be expensive and time consuming too. Fortunately, it isn’t just the only available option you have when you want to sell your house as there are companies that buy houses you can talk to.
You might have to do some improvements when selling your house traditionally such as investing money in doing repairs, sprucing up the curb appeal and so on. Unlike when selling your house to a real estate investor, you don’t have to do any of this as you can sell the house as is. You’re going to discover the benefits of considering this option in the next lines.
Number 1. Speed – like what’s discussed earlier, listing your house to a realtor can be time consuming. Your house might be marketed via open houses and advertising with average listing agreement lasting for 6 months. He/she will have to be qualified for financing which could delay the transaction as soon as you find prospective buyer.
If you transact with a real estate investor, they are almost always ready to buy the property in cash and close the deal ASAP. This is actually a huge advantage especially if you’re in a spot where you need to get cash and need to sell house quickly.
Number 2. No need to put money into your house – if you sell to a traditional buyer, there are chances that the future homeowner is expecting the new house to be in tip top condition. You might find yourself having to make additional investments in replacing the flooring, installing new roof, painting inside and out, improving the landscape and taking care of other expensive and time consuming improvements that you would not be worrying about if you sell to we buy houses companies.
It is these investors who will be performing the needed repairs on the house and take it off of your shoulders. What you have to do instead is agree to their offer and sell the house right away.
Number 3. No commission fees – it does makes sense for real estate agents to work on commission basis. What is meant by this, if you sell the house for 200,000 dollars and assuming that you agreed a commission of 6 percent to your agent, he or she will take the 12,000 dollars from the deal. This is where we buy house companies beat the former as they are not taking fees or commissions from the deal.