Benefits of Selling a Home to a Real Estate Investor
There are many explanations as to why a person can resolve to sell their property. As the family grows, a person needs a bigger home, a job transfer to a new location or even urgent need of money and the home is the only source of income. There are numerous strategies an individual can use to sell their property. However the two common methods of selling a home involves listing it with a realtor or selling directly to a real estate investor. Currently many homeowners like selling their homes directly to a real estate investor as opposed to listing it to a realtor. This article highlights the various importance of selling a home to a real estate investor as opposed to listing the home with a realtor.
The first benefit of selling a home to a real estate investor is that it is quick. When selling a home to a real estate investor they will come and view your property. After viewing your home a real estate investor will offer you a deal within twenty four hours. On the hand when listing the home with a realtor, the property will take several months for a prospective buyer to be found. The real estate agent needs time to showcase the property to many buyers.
The second reason why you need to sell a home to a real estate investor is fast cash availability. It is important to note that a real estate investor will be able offer money for the house immediately you have both agreed on fair valuation of the home. Real estate investors do not depend on mortgage loans and will be able to offer you cash immediately you have both agreed on the fair value. However when listing a home with a real estate agent, you will have to wait for many months for the mortgage loan to be processed. This therefore implies that if you need cash urgently then you need to sell your home to a real estate investor. For an individual avoiding foreclosure of their property selling to a cash buyer is the best alternative.
The third advantage of selling a home to a real estate investor is that it does not involve payment of commission. When listing a home with a real estate agent you will be required to pay a ten percent commission for the services offered. This reduces your return on investment and you don’t get the full value of the home.