Sunday, 1 October 2017

Benefits of selling to an investor over a traditional buyer

If you are thinking of selling your home, you are probably wondering who you should sell to. You have the option of selling to an investor or a traditional buyer. Investors are buyers who will contact you and give you an offer for your house. Traditional buyers can be found through real estate agents.If you are considering selling your house to an investor, here are the advantages.

Benefits of selling to an investor over a traditional buyer

Speed: Selling to a traditional buyer will take time since an agent has to look for the buyer. The process can take months. However, selling to an investor does not take as much time. With an investor, you can close the deal within one or two weeks.The bonus of selling to an investor is that you will not have to pay utility bills on the property while waiting for a buyer to come unlike when looking for a traditional buyer.

No repairs needed: When you think of listing your house with a real estate agent, you will be required to do several repairs before your house can sell. You will have to pay for all the fixing up that will be done on the property. However, when you decide to sell to an investor, you will not have to do any repairs. Investors usually buy the house as it is. You are not required to repair or clean it before you can make the sale. You can save time and money you would have spent cleaning and repairing the house when you sell to an investor. If the house is in need of extensive repairs, you will not be required to deal with a contractor. The investor will just ask for a discount on the house since they will cover the cost of all the repairs. It will be a considerably small price to pay for you to sell the house without any hassles.

No guessing: The biggest challenge when selling to a traditional buyer is getting them to agree to the price. When you sell to a traditional buyer, you always hope that they will pay the asking price for the house. However, if your house stays on the market for a while, you will have to reduce the price, and you can get buyers who want to pay a low amount for your house which is not right.When you sell to an investor, you will not have to guess the price they will pay for the house. Investors usually give the price they will pay for the house. They usually present their offer, and you decide whether to sell or look for another buyer. Investors do not give you a chance to start guessing the price they will pay for the house.

There are many ways you can sell your house. However, to get the most from your deal, you can consider selling to an investor due to these great advantages.