The Benefits of Selling a House to a Real Estate Investment Firm
Selling a home is not as easy as many people think. The procedures involved in selling a home is long, and this can get even longer if the home being sold is a family home requiring every member of the family to agree before the selling takes place. When selling a home there are so many ways you can use such as selling it through realtors, selling to close friend personally and selling to a real estate investment firm. Any method you use to sell a home has its shortcomings and benefits. This article only majors on the benefits of selling a home to a real estate investor.
Quick means of payments is the major advantage of selling a house to a real estate investor. Real estate Investment Company do offer fast means of payment compared to other house agents. These companies will pay you the total amount of money that your house worth within a duration of 24 hours. This is not the case with other house agents. Real estate investors also offer their payments in a way that the seller wants. They can pay the seller in cash or deposit the money in the seller’s bank account or even pay the seller using other payments methods. Real estate investment firm does things and seal the deal within one day.
Since real estate investor does not charge the seller a commission, it will be a great advantage to sell a home to real estate investor. All house agents work on commission so when selling houses to their clients; they charge some commission. House agents normally charge a commission of 6{99ef1f174ad40e1fc528ba16882ec793d5fcbfd13faba8a52c5cc5d8ea4f6fcb} of the selling price. This implies that the seller will not receive the entire money his or her house worth in the market. This can be a big loss to the house owner. This does not happen with real estate investor. Real estate firms charge no commission hence the seller get all his or selling price. This means the seller cannot incur any loss.
Another merit of selling a house to a real estate investor is that the house need not to be repaired by the seller. Ordinary people who wish to buy a home cannot buy a home that needs repair. Most house agents do not place a house that needs repair on the market; they will require the owner to repair it first before they put it on the market. This has never been a case when it comes to real estate investors; they buy a home in any condition as long as the owner has agreed with their buying price.
The article states these as the benefits of selling a house to real estate investment firms.