When people sell their home, they typically use a Realtor or real estate agent to help with the sale. However, there are other options to sell your home. One option is to use real estate investors. This article covers the benefits of selling to a real estate agent.
Investors Buy As-Is Homes
If you own a rundown home or property, a Realtor is likely not going to work with you. Realtors often request repairs to be made and household chores to be taken care of before listing a home. Real estate investors do not require upfront work and will buy your home as-is.
When a real estate investor buys your home, they understand what needs to be repaired and what is wrong with the home. They will make you an offer based on the current value of the home and what needs to be done to resell to another buyer. You won’t be required to pay for the repairs or billed for any additional work to the home.
Your roof could be caving in, foundation shifting, plumbing does not work, and more. Mold damage, water damage, fire damage. Real estate investors have worked with it all.
Foreclosure Assistance
When you are up against foreclosure, you typically have less than 90 days to sell your home to avoid foreclosure. Unless you can quickly settle the debts to the lender, you are going to need to sell your home quickly. Time becomes your enemy in this situation.
Selling a home in foreclosure will make using a Realtor or real estate agent difficult. These individuals may not work with you due to the foreclosure or will be unable to work within the time constraint of the foreclosure. Realtors and real estate agents will require more time to sell due to house showings, stagings, inspections, and more.
Real estate investors often help people with homes in foreclosure and can help you navigate the process. They can help you with short-selling your home with the lender and make the deal happen before the foreclosure period ends. This is likely your fastest option if you are facing foreclosure.
Investors Pay You Cash
Realtors help find you people interested in buying your home, but they are not funding the buying process. Banks fund home buyers in most situations. This requires a loan approval which extends the home buying process. It is even possible for the whole process to fall through due to the buyer being denied a loan from their bank.
Real estate investors use their own money and do not require a bank to fund the sale. They pay for homes in cash which gets sellers money fast.
Less Paperwork
When you use a Realtor, you are also going to be working with a buyer and their agent. Each party has their own contracts and paperwork that needs to be closely followed and understood. There are stipulations and hurdles that must be addressed before a sale is finalized. This requires a lot of paperwork to be read and dotted lines to be signed.
Real estate investors buy directly from you and do not require the amount of paperwork that Realtors need. There are no third parties either, which eliminates a large portion of the paperwork.
No Commission Fees
Realtors require contracts and payouts that real estate investors do not. A Realtor will earn commission off of your sale, which makes the sale price deceiving. The final sales price will be split with your Realtor and the buyer’s agent each getting a share.
There are no commission fees when you sell to an investor. There are no third parties to cut in on the sale. The process is simplified and the selling price is what you get.
Quick Closing
The combination of the benefits previously listed creates one major benefit… a quick closing process. The as-is purchase, cash offer, lack of agents, and minimized paperwork makes the whole closing process fast. Investors do not require the use of third parties and they get you your cash immediately. This often leads to a home sale that is more than a month faster than using a Realtor or real estate agent.
Real estate investors can close on your home in less than 48 hours. If you find yourself in a situation where you need to get your home sold quickly or need cash fast, using an investor is the best option.
Pittsburgh Real Estate Investors
3Rivers Property Group wants to be the investment company that provides you with the benefits in this article. We are a team of experienced home buying professionals that can help get your property sold fast. Our goal is to make your home selling process as stress-free as possible while accommodating your needs. We do not have any hidden fees, expenses, or charge real estate commissions. The offer we make is the price you get.
No matter what situation you find yourself in, 3Rivers Property Group wants to help by purchasing your home. Reach out to us today to schedule a home viewing and receive an offer within 48 hours.
