Selling your home doesn’t always need to mean listing it with a real estate agent and waiting for a buyer to come along. If you’re looking for a quick sale, it can make a lot of sense to sell to a private real estate investor instead. You might not get quite as high a price, but you’ll enjoy these six other benefits to make up for it.
1) Take Control of the Situation
Selling your home on the open market often takes months or years, and in the meantime your life can feel like it’s on hold. Selling to a real estate investor puts you back in control of the process. Instead of waiting for an interested buyer, you can pick up the phone and make an appointment to set things in motion.
2) Selling ‘As-Is’
An investor takes a hard-headed approach when appraising a property. Minor repair issues which deter ordinary buyers won’t be seen as important. You don’t need to spend months putting your home in perfect condition to encourage a sale. This saves you a whole load of time, money, and worry.
3) Cash Sale
Private real estate investors already have the funds available to pay in cash once they’ve made a decision. You don’t need to wait for a buyer to arrange finance, and there’s much less chance of a sale going sour over mortgage issues.
4) Faster, More Reliable Closing
Once an investor has agreed a deal with you, they’re extremely unlikely to back out. This makes for a faster closing process, with little chance of you being left with the costs and stress of a canceled sale.
5) No Realtor Commissions
Although an investor will pay below the market rate in return for convenience and speed, some of this expense will be recouped by taking realtor commission costs out of the equation. You’ll get the full selling price that’s agreed as part of the deal.
6) Quick Sale in an Emergency
Lastly, if you need a quick sale because you’re having financial difficulties, or if you need to realize your main asset’s value quickly for any other reason, selling to an investor makes short work of the process. Yes, you’ll take a hit on the value, but in many circumstances this is a price worth paying.
To receive the best possible price for your home, you’ll need to play the long game and wait for an ideal private buyer to arrive on the scene. But if speed is of the essence, selling to a real estate investor is a quick and efficient option that you should seriously consider.
Let me put you in touch with one of my investors if you need a quick sale or let’s chat to see if I can get you the right mortgage funds you need to get out trouble. There are lots of options. Let’s sit down and review your situation.