Not sure whether it would make more sense for you to sell your house to a real estate investor or to sell through a realtor?
Well, the nice thing about selling through a realtor is that it puts your house on the open market, making it possible to sell your home for more. It’s a good way to go if you’re not in a hurry to sell and have a home that’s in top-notch condition.
It really depends on your situation. But selling your home through a real estate agent tends to be time-consuming and costly. Here are three scenarios where selling your home to a real estate investor might be a better fit.
- Your Home Needs Major Repairs
When you sell your home to a real estate investor, they buy your home as-is for cash. And typically, the amount they offer is pretty close to what a homeowner would net after realtor commissions, closing costs, and repairs. Things like a cracked foundation, roof repair, mold remediation, or fire damage can cost thousands of dollars. So that’s certainly great news if your home is in need of lots of repairs or ones likely to come with colossal price tags.
- You’re In a Hurry to Sell
If you want to close fast and walk away stress-free, selling to a real estate investor is a better way to go because while it can take three months to a year to sell a home through a real estate agent, it usually takes 7 – 30 days to sell your home to a real estate investor.
- You Need Flexibility
If you want to stay in your home after closing or need to receive the money for your home before closing, selling to a real estate investor is great because they tend to be very flexible. Many of them can even purchase your property with the tenants still living there so you don’t have to deal with the hassle of removing them.
Still not sure if selling your home to a real estate investor is right for you? Click here to get a free consultation and learn more about the process.