If you are considering selling your house, there are many things that you will need to think about right from the very beginning. The decisions you make at the very beginning of the process will affect how easy a time you will have of it by the end, so make sure you think about the options carefully!
Many people today are taking advantage of the options offered by real estate investors and there are lots of reasons for you to do the same! To understand a little bit about the process of using a real estate investor, you need to know a little bit about what it is these companies do. The first thing to keep in mind is the fact that they are not interested in your house as a place where they will want to live; instead, they are thinking of it as an investment. A real estate investor buys properties, does some work on them and then resells them later on. Because of this fact, they are in a very different position than other buyers that you might encounter.
For one thing, they will not be concerned about things like the proximity of schools or jobs. If you are selling a family home, this is one thing that many buyers will be concerned with. They will be looking at the neighborhood, the schools in the area and the bus route. A real estate investment company on the other hand, will already know about these things when they come to look at your property.
A large difference in the way that a regular buyer and real estate investor will look at your house is that a real estate investor will not be as concerned with repairs, whether superficial or structural. Real estate investors tend to have resources on their own in terms of getting repair taken care of, while regular buyers will usually be insistent on you fixing the house yourself before selling it to them. Because of this, you may spend a great deal more time and money on the house itself before you can consider selling it.
A real estate investor will come to your house to take a look at it, much like any other buyer, but unlike other buyers, you will most likely have an offer within a week. Someone who makes a career out of buying houses to turn around and sell them will have the funds available and will probably be able to offer you cash up front. If you are in a hurry to sell due to job relocation or divorce, this may be one of the best options available to you.
This is a process that differs greatly from selling your house in a more traditional way or through a real estate agency. One reason to sell your house to private buyers might be nostalgia, say if you want to make sure that a family gets into your home after you leave it. You also may wish to sell your own home without the aid of a real estate agent in order keep the money from a commission.
A real estate agent will sell your house for the highest possible price, but this may not be as good an idea as it initially seems. Overpriced houses stay on the market for quite a while and if speed is an issue, this is the last thing you want. The offers you get might also be comparatively low to adjust for the overpricing and then you're in a situation where you will need to select from a variety of under-priced offers. However, a real estate agent will also have access to resources that you will not, and it is important to keep in mind that many real estate agents have quite a bit of expertise to offer in terms of presentation of the house itself. Your real estate agent will also be able to help you with pricing; many people are not sure how much their house may have appreciated in value since they bought it and thus have problems with listing it correctly.
At the end of the day, the most important thing to do is to find the option that best suits your position. Whether the most important option is getting the house sold quickly, or for the most amount money, make sure that you find the solution that will make your move and your experience as painless as possible.
