Is it best to sell your house to an investor?
If you need to sell your house, you’re undoubtedly assessing your options right now, deciding how to sell and who to sell to. Now, is it best to sell your house to an investor? Let’s find out!
Before we go into details about the advantages of selling your home to a real estate investor, let us talk about the difference between traditional home buyers and investors.
What are the differences between traditional home buyers and real estate investors?
Traditional home buyers are those who bought their present house in the same way you did. They want to buy a home to live in, either as their permanent residence or as a holiday getaway.
A typical buyer will make an offer based on their impressions of your house and market research. The purchase also has an emotional component. Perhaps your property offers a special feature they’ve been seeking, such as a large yard for their children or the ideal layout for their purposes. Traditional home buyers may be willing to pay more than market value for desirable qualities, or they may be willing to spend more than the asking price in a multiple-offer situation.
Real estate investors on the other hand don’t have the emotional component as they won’t be living in the home. Also, they typically won’t care about the condition or the cleanliness of the home because they will be remodeling the home. Companies such as The DFW House Buyer / and TMC Property Solutions can pay cash for a house and do not have to be dependent on being approved by a lender.
What are the benefits of selling to a real estate investor in Fort Worth vs a typical buyer and which option is ideal for you.
To sell to a traditional buyer, the agent or you must first find the buyer, which can take months. Thankfully, you won’t have to wait long. When you sell to a real estate investor, you can expect a quick closing – usually within a few days to two weeks (it varies, depending on the investor).
And, as an added plus, you won’t have to pay bills or taxes on the home while you wait for a buyer. This can help you save hundreds, if not thousands, of dollars on your monthly payments.
When it comes to selling your home, an investor, such as The DFW House Buyer, varies from a regular agent in that investors like to acquire your property with cash. When it comes to closing, investors can often close swiftly, allowing you to obtain your money straight immediately. On average, realtors receive a 6% commission, whereas investors do not receive any compensation.
2. No Repairs
Every home isn’t in perfect condition. It’s fine; it happens. When selling to a typical buyer, though, you’ll almost certainly have to pay out of pocket to fix up and clean the property before a traditional buyer will even look at it. Most investors, on the other hand, buy residences “as-is,” which means you can save money and time (not to mention aggravation!) by bypassing the repairs, updates, and cleaning.
You won’t have to deal with a contractor unless the repairs are quite extensive. Yes, because the investor is covering the repairs instead of you, the investor may ask for a modest discount on the selling price, but this is a minor price to pay to sell quickly and without all the headache and effort that comes with doing the repairs yourself.
When you sell your house to an investor can save the hassles of selling it the usual way. Many realtors expect the seller to make repairs after an inspection. Many expect the repairs to be completed immediately so the home can be shown. The home does not need to be cleaned up when selling to an investor. You can sell your house as-is!
Some investors can connect sellers with cheaper moving service providers like movers and cleaners than they could locate on their own. This relieves the seller’s stress by taking something off their plate.
3. No Guessing
This is possibly the most serious issue of all: when you sell a house to a typical buyer, you’re guessing and hoping that they’ll pay you the asking amount… waiting many months for them to negotiate a cheaper price isn’t ideal, either. On the other hand, when selling to an investor, you know exactly how much the investor will pay right immediately, closing within a few days.
Many sellers are also buyers seeking a new home to move into. This can be stressful, especially if the house has been on the market for a long time. It’s difficult to plan a new home purchase when the previous home isn’t sold. Getting a buyer approved now takes twice as long. With an investor, a specific date is set for the home’s closing within days.
Selling to an investor avoids paying for the buyer’s closing costs. The investing company normally covers all closing and title process charges.
There are several options accessible to you when it comes to selling your home in Fort Worth. You might list your home with a realtor who will try to locate a buyer for you. You might also put your house on the market yourself and try to locate a buyer. Alternatively, you might engage with a local real estate investor like The DFW House Buyer, who will buy your home directly from you, close quickly, and never charge you any closing expenses or commissions.
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 to get your house SOLD fast.
Click here and enter your info, or call (817) 550-5069 Opt#1 to learn more about selling your house. We’ll be happy to walk you through the process and compare the differences between selling thru an agent versus selling to an investor.