There are many methods a homeowner can use when they want to sell their house. The strategy to be used by a homeowner is determined by the urgency for cash and the personal requirements. For example, for a homeowner who needs money quickly listing the property with a real estate agent is not a viable choice. Listing the property with a realtor is a good option for an individual who needs money fast because this strategy takes a lot of time before you can get the cash in your account. Apart from fast cash availability, selling a home to a real estate investor has numerous benefits. This article discusses some of the advantages you will get when you sell your property directly to a real estate investor as opposed to listing it with a real estate agent.
The first reason why many homebuyers like selling their homes to real estate investors are because there is no commission payment. However, when you opt to use the services of a real estate agent when selling a home, you have to pay hefty commission fees once the property has been sold. In most cases realtors charge ten percent of the total value of the home. This has an effect of reducing your profit margin. However, when selling the property directly to a real estate investor you incur zero commission fees thus you are able to get full value of your home.
The second benefit of selling a home to a real estate investor is that you sell the property as it is. Real estate investors will provide you an offer for the home based on its current state. On the other hand, when listing the home with a real estate agent, you will be required to perform various home improvement projects to make the property look perfect. Some of the common home improvement projects you will be required to do include roof repair, kitchen remodeling, landscaping, and painting. Real estate agents make it mandatory for an individual to do these projects to make the property easy to sell by improving its face value. In case you lack the resources to undertake such improvements then selling the home directly to a cash buyer is the best alternative.
In summary, it is important to note that statistics taken all over the world indicate that many homeowners sell their homes to cash buyers because of the reasons explained above.