Why You Should Sell Your Property To A Real Estate Investor in Forest Park
Do you want to sell your property quickly but still receive a fair price? Then selling your property to a real estate investor might be your best option. Real estate investors have the financial resources and experience to close a sale quickly and efficiently. By selling to real estate investor you can avoid the lengthy and stressful process of selling through a realtor. Read on and learn the key benefits of selling your property to a real estate investor.
Avoid Having To Pay Real Estate Commissions
Studies show that the average real estate commission is currently around 5.1%. That means that the on average house price of $152,000 you can expect to pay $7,752 in commissions. When you sell your home to real estate investor you won’t need to use a realtor. That means that there is no real estate commission to pay. That’s money that goes in your pocket not the real estate agents.
No Lengthy Selling Process
If you decide to sell your property through a realtor, finding a buyer can take months and in the current market there is guarantee that you will find a buyer who offers an acceptable price. In contrast a real estate investor will be able to make you an offer for your property as soon as they have determined a valuation. This means if you sell to real estate investor you will receive an offer very shortly after you meet with them and they have viewed the property
No Need To Fix The Property up
The current condition of your home will determine how soon you can sell it and the price you receive. If your home is in need of serious work or repairs you may find that you are unable to sell it at all. New home buyers are wary of purchasing a property that needs to be fixed up. The may not have the inclination or the budget to renovate the house themselves. In addition real estate agents may demand that repairs are completed before they will list the property. They know the trouble associated with trying to sell a property in bad repair and so will often not want to commit to selling a property like this. In contrast a real estate investor will be willing to purchase your home even if the property needs repairs or renovation work. Real estate investors have the experience, resources and industry connections to renovate your property after you have sold it.
Real Estate Investors Are Professional And Non-Judgemental
Purchasing real estate is the investors business. As a result they will approach purchasing your property as a professional throughout the process. Real estate investors will not be judgemental about the current condition of your property. This can help you to avoid the potential embarrassment of having an open home for a property which may need work. A property investor will also not ask questions about any financial pressures you may be experiencing which have led to the sale.
Sell Your Property Quickly
Real estate investors will be able to purchase your home for cash or will have financing already arranged. This means that once you have agreed on the price, the real estate investor will be able to complete the deal straight away. In contrast if you sell your property through a realtor their buyer will usually still need to arrange financing. This process can take a significant amount of time. In some cases financing may not be available and the deal will not be able to be completed.
You Know For Certain What Price You Will Receive
Real estate investors are experienced in purchasing property. They will be able to quickly determine the value of your property and provide you with a price that they will pay. This means that you can know in a very short time frame if the price you will receive will be acceptable to meet your needs. If you have a mortgage on the property you will quickly know whether the real estate investors offer will cover this amount and how much additional cash you will receive.
Real estate investors can provide a fast and reliable sale for your property. By selling to a real estate investor you avoid the lengthy process of selling through a realtor. You also avoid having to pay real estate commissions on your property. If you are thinking about selling your property, make sure that you consider whether a real estate investor might be the right choice for you.