Selling your home is complicated. Most homeowners will only go through a few real estate transactions in their lifetime. So, the real estate industry can seem like a mythical creature you’re uncertain of and intrigued by. But selling your home doesn’t have to be scary.
As a homeowner looking to sell, you get to be in charge of the sale of your home. You should know that the traditional model, where you list your home for sale with a real estate agent, isn’t the only option available. Sellers looking at a tight timeline, who aren’t able to do the necessary work to get their home ready to list, or who specifically want to work with cash home buyers can benefit from selling to a residential real estate investor.
When it comes to selling your home, there is no perfect solution that works for every situation. An investor will buy houses for cash as a way to get the transaction wrapped up quickly and easily. This means that they will work on whatever timeline works best for you. They will also assume the responsibility for all of the work that your home needs before you would be able to sell it on the traditional market.
Real estate investors can get a bad reputation, especially if they’re taking advantage of sellers in tight spots. However, when looking for direct home buyers, a trustworthy residential real estate investor is an excellent option. They will make a profit by finishing the work your house needs, and you get to wrap up your home sale efficiently with quick cash in hand, resulting in a win-win for everyone involved.
Top Reasons To Sell To An Investor
Every avenue you could take to sell your home comes with a unique set of benefits, but selling to a real estate investor has some distinct ones that can be life-changing:
1. Quick Cash
When you sell to a real estate investor, they will come in with a cash offer and a team of professionals who can close the deal fast. While many things can hold up a real estate transaction, financing is most often the culprit. When working with cash, you remove a large portion of the potential unpredictability and can speed up the sale. This means that you can walk away from your house in as little as a week or two with money in your pocket.
2. An As-Is Sale
Selling your home can take a lot of cash up front, not to mention all the stress and time it takes to get it ready to show. If your home needs repairs, it can prevent you from getting it on the market. Selling to an investor makes this easy. They will buy your house as-is and tackle all the repairs after closing. In no time flat, you can eliminate the burden of all the projects needed around your home.
3. More Flexibility
When you sell to an investment company, you are the boss of your transaction. An investor will work with you to get you out of your house on your own timeline. Whether you need to get out fast or would like to spend some time packing up and saying goodbye, you get to set the date for the transaction to close.
Bonus Benefit: A Simplified Transaction
When you work with a real estate investor, you get the benefits of a simplified transaction. Residential investors aren’t emotionally invested in purchasing your home or relying on contingencies for the sale to go through. They work with a legal team that will clear up any issues with your title or liens on the property. The professional nature of the sale makes it much easier for you as the seller of the property.
Ideal Candidates For An Investor Sale
There is no perfect candidate for an investor sale because it can benefit a wide variety of people and circumstances. Here are some common situations you might encounter and choose to sell to an investment company:
Inheritance
If you have inherited a home and want to get it sold with minimal cash out of your pocket, consider selling to an investor. You won’t need to spend the money or deal with the hassle of tackling repairs and will have the money from the sale after a speedy and straightforward closing.
Divorce
Divorce can be messy, especially when liquidating and dividing assets. If the negotiations between both parties become too much to navigate, or they can’t find the cash to make repairs amid a divorce, a speedy sale to an investor is a reasonable next step.
An Impending Move
Sometimes you just have to move. Whether it’s a job offer in a new area or relocating to be near family, there are times you need to get out of your house quickly. If you don’t have time to wait for an offer or navigate a traditional closing, an investor will make it painless.
You’re A Landlord
If your property is tenant-occupied, a sale can be complex. Scheduling showings, making necessary repairs, and adhering to tenant rights laws can make a sale hard. If a landlord is ready to liquidate an investment property but is not prepared to deal with the necessary work, an investor can have the transaction over and done quickly.
You Need More Control Over Closing
Homeowners may find themselves needing control over their closing date for a multitude of reasons. Selling to an investment company allows for complete control of the closing date. An investor sale is an excellent option if a seller needs to move fast or wants to lock down a sale while buying a little time.
Remember, you don’t have to fit in a box to benefit from working with an investor. Selling your home can be a chore. If you simply don’t want to work with a realtor, prepare for showings, or make repairs, you can sell to an investor quickly and be done with it.
An investor sale isn’t for everyone, but it comes with unique, invaluable benefits in certain situations. Whatever the reason you want to sell to an investor, find a reliable and trustworthy real estate investment team in your area, and they will make the rest easy for you.