When the time comes and you’ve made the decision of selling your property you have a variety of choices, but the main options are listing the property with a realtor or selling it for cash to a real estate investor. When determining which choice is better for you as a property owner you have to ask yourself a wide range of questions to figure out what situation you are in. Everyone’s situation is different and the two options above might not even be the best decision for you.
To start you will want to ask yourself the following questions:
How soon do I want/need to sell my property, can I wait months or do I need to sell it fast?
Does my property need any repairs/updating/remodeling? If so, can I afford to cover the expenses of fixing my property up to move-in-ready condition as well as bringing it up-to-date?
Do I want to host open houses with my realtor to allow potential buyers a look through my property?
Am I comfortable with possibly paying closing costs and commission or would I rather walk away from closing paying zero closing costs, zero commissions?
Understanding your urgency is an important part of selling the property. It takes an average of 60-100+ days for a home to sell via the MLS which is a site realtors use to list homes for sale nationwide. If urgency is high then selling to a cash investor might be the best way to go. We can close within a week or less and make the whole process a breeze for you the seller.
Evaluating the condition of your property is also a very important part in your decision. If you property is in great condition, was recently remodeled and has newer a newer roof, HVAC, and electrical then listing with a real estate agent would be your best bet for getting top dollar for your property. On the contrary, if your property needs updating, repairs, etc. and you do not want to spend the tens of thousands of dollars in repairs to bring the property back to life, then selling to a cash investor might be your better option of saving you money.
Hosting open houses and having showings are a pain no matter how you look at it. Although most of the time they are necessary when listing a house for sale on the market to ensure maximum exposure to potential buyers, they are not mandatory when listing your property. If you are bothered by hosting open houses and allowing showings of your property then perhaps selling to a cash investor would be the better option.
Although selling with a Realtor can potentially get you a higher price for your property that money can be eaten up quickly by paying closing costs and real estate commissions. If you are okay with paying out commissions and fees then by all means listing your home will be the better option. When selling to a cash investor we pay all fees, and you pay absolutely zero commission. The main goal is to get you the seller to walk out of closing paying nothing and owing nothing and possibly even walking out with a check in hand and a smile on your face.
If there are any other questions you have that have not been answered for you feel free to reach out and contact us. We’re here to answer any questions you may have or suggest some advice for you to take. The important thing is we always guide you in the right direction so that the decision benefits you, if we believe selling to us isn’t your best option then we’ll tell you and then suggest an alternative.