Updated: Jul 21
In today's real estate climate, there are many decisions you have to make if you want to sell your house. In this blog, we will go over the 7 key advantages to selling your house to an investor rather than using a real estate agent.
1. Investors Buy Homes As-Is
One of the biggest advantages of selling your home to an investor is that you can avoid making any repairs or improvements before the sale. When you sell your home to a traditional buyer, they will likely request that any necessary repairs or updates be made before they close on the property. This can be costly and time-consuming, especially if there are multiple repairs or updates that need to be made.
2. You’ll Never Have to Relist
When you list your home on the market, there is always the risk that it will not sell. With an investor, you know exactly how much you can expect to receive for your property, and you never have to worry about relisting your home if it doesn’t sell after the first listing. This can save you a lot of time and money in the long run.
3. Investors Buy Homes in Bad Neighborhoods
If you live in a bad neighborhood, selling to an investor can be one of your best options. Investors are often willing to purchase homes in areas that most other buyers would not touch. This can help homeowners who have had trouble selling their property in the past.
4. No Complicated Paperwork
When you sell your home to an investor, the transaction is usually much simpler than when you sell to a traditional buyer. There is often less paperwork involved, and the entire process can be completed much faster. This can be a huge advantage for anyone who wants to avoid the hassle of a long and complicated sale.
5. Investors Pay in Cash
Another advantage of selling your home to an investor is that they will often pay for the property in cash. This can be a big benefit for sellers who need to receive the money from the sale quickly. It can also help you avoid having to deal with any mortgage loans or other financing options.
6. No Fees or Closing Costs
When you sell your home to an investor, they typically cover the costs associated with selling the property. This can include any agent commissions and other fees that are required when you list your house on the market. This often makes the entire process much less expensive for sellers. The average real estate agent takes home a 5% commission on the sale of your home, with the average sale price of a home in the U.S being over $500,000 realtors are receiving upwards of $25,000 per sale. (More from Redfin)
7. Quick Closing Process
Another advantage investors offer is the ability to close on a sale quickly. With most traditional home sales, it can take several weeks or months for both parties to agree on a final price and make all of the necessary repairs and updates to the home before closing. If you need cash quickly or simply want to get out of your current house as soon as possible, then selling your home directly to an investor might be one of your best options.
If you’re interested in selling your home to an investor, the best place to start is by contacting your local real estate investing company. These companies specialize in working with sellers who want to avoid the traditional home-selling process. They can get you an offer on your home within 24 hours and answer any questions that you have about the process.