The Ultimate Guide to Houses
Selling a house is a very difficult thing to do. It involves a lot of procedures which can even get more complicated if the house was a family house that all members must be present when the selling takes place. Several options exist when selling a house such options include; selling the house through house agents, selling the house to a friend through agreement or selling a house to real estate investor. The option you choose to sell a house has its merits and demerits. This article only focuses on the advantages that one enjoy when he or she sells a house to a real estate investment firm.
Fast means of payments is the main benefit a seller realizes when he or she sells a house to a real estate investment company. Real estate investors offer faster means of payments when compared to other house agents. Real estate investor will pay their clients all the money their homes worth with a short period which is not more than 24 hours. This is not possible with realtors. The payment is also made in a 3way the seller prefers. They can pay sellers in cash, through making deposits in the seller’s account or any other way the seller prefers. Real estate investment firm does things and seal the deal within one day.
The fact that real estate investment company charge no commission makes selling a house to this kind of company advantages. All house agents work on commission so when selling houses to their clients; they charge some commission. The commission is usually 6% of the selling price. This implies that the owner of the house only walks out with 94% of the total money his or her house is worth. This to some extent can be a loss to the seller. Real estate investment firms do not do such things. Real estate investors charge no commission. Therefore, the seller gets all the money that his or her house worth in the market. This implies that the seller cannot incur losses.
The other benefit a seller may enjoy when selling his or her home to real estate investor is that there is no need to repair the house before selling. Any other ordinary buyers will not buy a house that needs repairs. 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 is not the case with real estate investment firms; these firms will buy a house in any condition provided the seller has agreed with their buying price.
This article concludes that the above are the benefits one can realize when selling a home to real estate investment companies.