Selling a house is a very difficult thing to do. Selling a house involves several steps that are very difficult, this can even get more difficult if the house is under a family name that all family members have to be present when selling occurs. There are several ways one can use to sell a home, he or she can sell it through realtors, sell it to a friend directly according to their agreement or selling to a real estate company. Any of those ways you may choose have their advantages and disadvantages. This article only majors on the benefits of selling a home to a real estate investor.
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 Investment Company do offer fast means of payment compared to other house agents. Real estate investment firms pay the seller all the money that the house worth within a time frame of one day. This is not the case with other house agents. The payment is also made in a 3way the seller prefers. The company normally pay their clients in cash, through banks or any other means that is convenient to the seller. They do all these and close the deal within 24 hours.
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% 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 loss to the seller. This is not the case with real estate investment firms. Real estate investors charge no commission. Therefore, the seller gets all the money that his or her house worth in the market. Under this circumstance the seller cannot experience 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 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 summarizes the above points as the merits of selling a home to a real estate investor.